Aldar, a leading developer in the region, has reported a nine-month net profit before tax of AED6.8 billion ($1.85 billion), up 43% year-on-year (YoY), while net profit after tax rose 30% YoY to AED6 billion ($1.633 billion).
Leading Abu Dhabi developer Aldar has announced a series of develop-to-hold projects at Al Shamkha, Yas Island worth AED3.8 billion ($1.03 billion). These will add over 2,600 residential units to the emirate’s housing supply.
