Abu Dhabi-listed Aldar Properties has 172 active tenders valued at AED 30 billion (USD 8.2 billion) across its development portfolio, with construction underway across 141 sites spanning Abu Dhabi, Dubai and Ras Al Khaimah.
Since the start of 2026, the developer has awarded AED 4.7 billion (USD 1.3 billion) in contracts, including AED 1.8 billion to five UAE-based contractors. Approximately AED 1.78 billion will be recirculated into the local economy through the UAE's National In-Country Value programme.
Aldar has completed 1,075 residential handovers so far this year, including 550 in March alone, and remains on track to deliver more than 3,500 units in 2026. Construction teams logged around 30 million working hours in March, a 20 percent year-on-year increase.
Total revenue backlog stands at AED 167 billion (USD 45.5 billion), with available liquidity exceeding AED 30 billion.
Gulf Economist Staff Writer