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Robust demand boosts Aldar profit
Khaleej Times
|April 30, 2025
Aldar, Abu Dhabi’s premier developer, on Tuesday reported a 33 per cent rise in first quarter net profit before tax to Dh2.2 billion, driven by strong demand for existing inventory and new launches.
Total UAE sales increased 38 per cent year on year to Dh8.4 billion driven by strong demand for both new launches and existing developments. The developer's projects created a strong appeal among international buyers, with UAE sales to overseas and expat resident customers rising to Dh7.4 billion, representing 87 per cent of total UAE sales.
Dit verhaal komt uit de April 30, 2025-editie van Khaleej Times.
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