Aldar Properties PJSC (ALDAR) Earnings Call Transcripts

Aldar Properties PJSC's Latest Earnings Call - Q1 FY2026

Aldar Properties reported a strong Q1 2026, with revenue increasing 12% to AED 8.7 billion and net profit rising 20% to AED 2.3 billion. Despite regional tensions impacting market sentiment, management emphasized resilience in operations and a robust development backlog of AED 72.1 billion. Guidance for full-year 2026 remains unchanged at AED 45 billion to AED 49 billion for development sales, although management acknowledged potential risks due to ongoing geopolitical issues.

Reported metrics

Guidance from management

Management maintained full-year 2026 guidance for development sales at AED 45 billion to AED 49 billion, despite acknowledging potential risks due to ongoing geopolitical issues.

What management said

It's very difficult to say today, Steve, but like the situation is still evolving. And like I said, we are surely planning to continue our launch activity have we quantified exactly how much we're going to launch for the remainder of the year? No, which is why we said we are maintaining guidance and we'll come back to the market back in Q2 to see how things evolve.

I think we've had good sales at the beginning of the year, obviously, in January and February. But the recent events were not constrained to the UAE, right? It's affected sentiment globally. So again, in March, we did see a slowdown on sales as everybody is just waiting and seeing what's happening.

What analysts pressed on

Analysts expressed concerns regarding the impact of regional tensions on future sales and the ability to meet guidance. Specific questions focused on the risk of default rates and the pace of new launches in a cautious market environment.

Main topics on the call

• Strong Revenue Growth — Aldar's revenue increased 12% year-over-year to AED 8.7 billion, driven by a solid performance in their recurring income platform and development backlog. Management stated, "We delivered a strong start to the year with ...
• Development Sales Decline — Group sales decreased by 25% year-over-year to AED 6.7 billion, primarily due to subdued sales in March. Management noted, "The market became more cautious with sales moderating significantly during the month of March."
• Resilient Backlog — The development backlog rose to AED 72.1 billion, providing strong visibility on future revenue. Management highlighted, "The UAE development backlog now stands at a record AED 62.2 billion, up from AED 61 billion at yea...
• Liquidity and Financial Position — Aldar's liquidity improved to AED 38.2 billion following a series of successful transactions, including a AED 5 billion sustainability-linked revolving credit facility. Management stated, "We have very strong liquidity, ...

Read the full Aldar Properties PJSC transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Aldar Properties PJSC earnings call transcripts on record, spanning February 12, 2020 to July 29, 2026. Based on this history, Aldar Properties PJSC reports quarterly. The most recent call on file is dated July 29, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ALDAR

Exchange

ADX

Country

AE

Sector

Real Estate

Industry

Real Estate Management and Development

Calls on record

28

First call

February 12, 2020

Most recent

July 29, 2026

Reporting cadence

quarterly