Aldar has maintained strong project delivery momentum across its development portfolio and remains on track to handover more than 3,500 units in 2026, the Abu Dhabi realtor said on Thursday.
Since the beginning of the year, Aldar completed the construction of 1,075 homes, with 550 completed in March alone.
Construction activity is advancing in line with planned timelines across all 141 sites, including key projects in Abu Dhabi, Dubai, and Ras Al Khaimah, underpinned by a highly resilient supply chain and strong construction partners. During March, three new sites were activated, Dh1.55 billion was paid to contractors for ongoing work, and a total of 30 million hours were completed, a 20 per cent increase in hours worked compared to March 2025.
Since the start of 2026, Aldar has awarded development contracts valued at Dh4.7 billion, with Dh1.8 billion awarded in March to five contractors, all of which are based in the UAE. Through the contracts awarded so far in 2026, Dh1.78 billion will be recirculated to the local economy through the National In Country Value (ICV) programme. A further 172 tenders are currently active across Aldar’s projects with a combined value of more than Dh30 billion yet to be awarded.
Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: “The swift and proactive response of the UAE’s leadership to protect our nation and support its people has allowed us to continue operating our business without interruption and serving our customers safely. Against this backdrop, we are maintaining our delivery momentum, awarding new construction contracts, and further strengthening our supply chain, while continuing to positively contribute to the national economy. We are working closely with the government, our partners, and suppliers to maintain this positive momentum and continue to deliver for our customers and communities.”
Adding further depth to its pipeline of developments in the UAE, Aldar will launch the first phase of Yas Park Place in North Yas in April. The residential development overlooks Yas Central Park, and further builds on Yas Island’s position as a leading lifestyle destination.
Across its portfolio, Aldar manages 155,000 residential units and more than 2.2 million sqm of commercial space, which have remained fully operational and supported by dedicated community management and facilities management teams. The support provided was heightened throughout March, including during adverse weather conditions, to ensure residents, tenants and the wider community experienced minimal impact in their day to day lives.
Through its scale and long-standing partnerships, Aldar continues to play a key role in supporting the broader real estate and construction ecosystem. The company maintains a strong financial position, with available liquidity exceeding Dh30 billion and a well-managed debt profile, providing flexibility to sustain operations, progress development programmes, and deploy capital in line with market conditions. Total revenue backlog across both Aldar and government projects at the end of 2025 stood at Dh167 billion.
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Source: Khaleej Times
30th March, 2026
