Signal · Geopolitical Risk
What to expect from Aldar Q3 2026 results
What the source reported
Source-reported<p><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/42ecd01c-2951-4270-8ad7-d49046bcfee2.png" ><br> Logo of Aldar Properties</span></span></p> <hr> <p dir="ltr" >Argaam tracks in this report the earnings forecasts for <a href="https://www.argaam.com/ae-en/companies/adx/aldar-properties/overview" target="_blank">Aldar</a><a href="https://www.argaam.com/ae-en/companies/adx/aldar-properties/overview" target="_blank"> Properties</a> for Q3 2026, as well as the development of quarterly revenues and earnings, in addition to performance and profitability indicators.</p> <table align="center" border="0" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="6" > <p dir="ltr" ><span ><span ><strong><span >Quarterly revenue development (AED mln)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Item</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q3 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q4 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q1 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q2 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q3 2026<br> (Consensus)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Revenue</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,026.2</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >10,265.2</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,734.4</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,108.8</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >8,996.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Change </span></strong><em><span >(%)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+43.8%</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+58.0%</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+12.1%</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+4.8%</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+12.1%</span></span></span></p> </td> </tr> </tbody> </table> <div ></div> <table align="center" border="0" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="6" > <p dir="ltr" ><span ><span ><strong><span >Quarterly net income development (AED mln)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Item</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q3 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q4 2025</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q1 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q2 2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Q3 2026<br> (consensus</span></strong><strong><span dir="LTR"><span ></span></span></strong><strong><span >)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net income</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,529.4</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >2,469.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >2,038.9</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >2,165.7</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,810.5</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Exceptional items*</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >37.5</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >725.0</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >(17.2)</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >632.3</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net income before one-offs</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,492.0</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,744.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >2,056.1</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,533.4</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,810.5</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >EPS excluding one-offs</span></strong><em><span >(AED/shr)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.19</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.22</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.26</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.20</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.23</span></span></span></p> </td> </tr> </tbody> </table> <div ><em><span class="ckeCaption" >*Revaluation of real estate investments, exclusion of an associate and a consortium, and reversal of payables and provisions.</span></em></div> <p dir="ltr" ></p> <p dir="ltr" ><strong >Key events in Q3 2026:</strong></p> <p >- Aldar launched the Yas Point project, a new waterfront destination on the northern side of Yas Island in Abu Dhabi, with development investments amounting to AED 6 billion. The project includes 1,600 homes, a luxury hotel, an international school, retail stores, as well as leisure and sports amenities.<br> <br> - The group signed a strategic partnership agreement with PureHealth to design and build communities focused on enhancing wellness and long-term healthy living in Abu Dhabi.<br> <br> - The Canopies, the first residential development within the Yas Point project, was launched on Yas Island in Abu Dhabi. It comprises 592 homes across six mid-rise buildings with over 10,000 square meters of landscaped open spaces, in addition to a range of amenities and leisure facilities.<br> <br> - Marsa Al Saadiyat, the final phase of the Saadiyat Island masterplan, was launched with a development value of AED 100 billion. The project spans 6.4 million square meters, with the group serving as the primary developer.<br> <br> - Aldar launched the new Sei Saadiyat residential project in the cultural district of Saadiyat, Abu Dhabi. The first phase of the project includes 265 homes distributed across two residential buildings. Upon completion of all phases, the project will feature 778 homes across six buildings, in addition to a host of leisure and service amenities.<br> <br> - Aldar and Mubadala completed the acquisition of the Masdar City Square in a deal valued at AED 918 million through their joint venture established in 2024. The complex offers more than 47,000 square meters of net leasable area across seven office buildings, with an occupancy rate of 99%.<br> <br> - The developer launched Talay, the first residential development within the coastal destination Marsa Al Saadiyat with a total development value of AED 100 billion. It includes 351 standalone villas and a suite of leisure and service amenities.<br> <br> - The Saadiyat Grove project, its new destination for shopping and dining in the cultural district of Saadiyat in Abu Dhabi, is scheduled to open in the fourth quarter of 2026, and will host over 100 global brands.<br> <br> - Yas Riva Reserve, a waterfront villa development northeast of Yas Island in Abu Dhabi, was launched, comprising 292 villas with four, five, and six bedrooms, as well as a range of leisure and service amenities.<br> <br> - The group entered a strategic partnership with Arada, covering opportunities to develop projects on Yas Island and Saih Al Sidirah in Abu Dhabi, with a total enterprise value of nearly AED 15 billion. Preliminary agreements include forming a joint venture to develop a mixed-use community in Saih Al Sidirah. Arada also acquired three land plots from the group on Yas Island to develop new residential projects.<br> <br> <strong>Average estimates </strong></p> <p ></p> <p >The developer is expected to post a net profit of SAR 1.18 billion in Q3 2026, up 21% from a year earlier, according to average estimates of four research firms. </p> <p ></p> <table align="center" border="0" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="2" > <p dir="ltr" ><span ><span ><strong><span >Earnings forecsats (AED mln)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Research house</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Estimates (AED million)</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Ubhar Capital</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,951.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >SICO Bank</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,838.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Goldman Sachs</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span dir="LTR"><span >1,729.8</span></span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Citigroup</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,723.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Consensus</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >1,810.5</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Net profit before one-offs <em>(Q3 2025)</em></span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >1,492.0</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Variance</span></strong><em><span > (%)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+21%</span></span></span></p> </td> </tr> </tbody> </table> <div ></div> <table align="center" border="0" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="3" > <p dir="ltr" ><span ><span ><strong><span >Stock Performance</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Item</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Company</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Market</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Change YTD</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >(9.20%)</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >(2.22%)</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Change</span></strong><em><span > (Last 12 months)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >(16.67%)</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >(3.45%)</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Previous close</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >7.90</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >9,771.20</span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Recurring P/E</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >9.10</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >20.80</span></span></span></p> </td> </tr> </tbody> <tbody> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Trailing 12-month EPS excluding non-recurring items</span></strong><em><span >(AED/shr)</span></em></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >0.868</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><strong><span ><span ><span >--</span></span></span></strong></p> </td> </tr> </tbody> </table>
- Publication
- Argaam - UAE News · Trade Publication
- Published
- 22nd October 2026
- Original report
- argaam.com
ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.
What ProcIntel recorded
ProcIntel-derived- Category
- Geopolitical Risk
- Geography
- UAE
- Organisations
- None identified
- Collected
- 22nd October 2026 · 16:57
Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Initial Significance Moderate (20.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (34.0/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Extraction Quality (3.0/15 points).
- Strongest contributor
- Procurement Impact
- Limiting factor
- Likely Event Severity