ALDAR Properties PJSC
Aldar Properties PJSC is a public joint-stock company incorporated in Abu Dhabi, United Arab Emirates, on 12 January 2004, and listed on the Abu Dhabi Securities Exchange (ADX: ALDAR) since 2005. Zavia's registry record for this profile currently carries a Kazakhstan (KZ) country code from automated company-data enrichment; that classification does not match Aldar Properties PJSC's verified UAE incorporation, ADX listing and aldar.com corporate domain, and should be treated as a data-quality flag on the registry card rather than a change of jurisdiction.
Aldar Properties PJSC, together with its subsidiaries, is one of the largest listed real estate developers and investors in the United Arab Emirates. The group's activities span residential and commercial property development and sales, investment-property leasing and asset management, hospitality and leisure, and education services, together with project and facilities-management services. Operations are organised principally into two reporting segments: Aldar Development, covering master-planned residential and mixed-use communities across Abu Dhabi and Dubai, and Aldar Investment, which owns and manages a portfolio of retail, office, residential-leasing and logistics assets generating recurring rental income.
For the financial year ended 31 December 2025, Aldar Properties PJSC reported consolidated group revenue of AED 33.8 billion, up 47% year-on-year, and net profit after tax of AED 8.8 billion, up 36%, on group sales of AED 40.6 billion. Aldar Development segment revenue rose 58% to AED 24.8 billion with EBITDA of AED 7.2 billion, while Aldar Investment reported adjusted EBITDA of AED 3.2 billion on a AED 49 billion assets-under-management portfolio at 96% occupancy. The company's development revenue backlog reached an all-time high of AED 71.7 billion at year-end, including AED 61.0 billion of UAE projects.
While most of Aldar Properties PJSC's activity is concentrated in Abu Dhabi and Dubai, the group has expanded internationally through Sixth of October for Development and Investment Company (SODIC) in Egypt, which contributed AED 1.5 billion of FY2025 revenue, and London Square, a United Kingdom residential developer, which contributed AED 1.7 billion. UAE sales to overseas and expatriate-resident buyers reached AED 27.4 billion in 2025, representing 77% of total UAE sales.
For FY2025, Aldar Properties PJSC's board recommended a dividend of AED 0.205 per share, up 10.8% year-on-year, for a total payout of AED 1.61 billion, alongside AED 3.3 billion of strategic mergers-and-acquisitions deployment during the year.
- Company fundamentals
- Corporate linkage & group structures
- Digitized company financials
- Firmographics — websites, social profiles, revenue and employee estimates
Shareholders
Aldar Properties PJSC's ownership is headed by two Abu Dhabi government-linked institutional holders. Alpha Dhabi Holding PJSC, an ADX-listed conglomerate, became Aldar Properties PJSC's single largest shareholder and parent company in 2022, after acquiring a 12.8% stake from Mubadala Investment Company PJSC in April 2021 and a further 17% stake in January 2022, taking its holding to approximately 29.8%; Alpha Dhabi Holding PJSC has consolidated Aldar Properties PJSC as a subsidiary in its own financial statements since the second quarter of 2022 and disclosed a holding of approximately 31.63% as of its first-half 2026 results. Mubadala Investment Company PJSC, the Abu Dhabi sovereign wealth fund, is the second-largest disclosed shareholder. Mubadala increased its stake through 2026 via its wholly owned subsidiary Mamoura Diversified Global Holding PJSC, rising from approximately 25.12% at the start of 2026 to 26.26% in March 2026, 27.01% in May 2026 and 28.03% as of 11 August 2026, entirely through open-market purchases on ADX; Aldar Properties PJSC stated that the change resulted solely from Mubadala's independent market transactions and was not related to any corporate action by the company. The remaining shares are held by other institutional and public investors on ADX.
Ultimate beneficial ownership
No natural-person ultimate beneficial owner is disclosed for Aldar Properties PJSC. Its two largest shareholders, Alpha Dhabi Holding PJSC and Mubadala Investment Company PJSC, are themselves Abu Dhabi government-linked entities; tracing either ownership chain to an individual UBO was not possible from the sources reviewed for this profile.
Data availability
Shareholder information for Aldar Properties PJSC is classified as Major shareholders only: ADX major-shareholder disclosure rules and company announcements identify the two largest holders and material changes to their stakes, but the complete register of smaller institutional and retail holders is not reproduced here. Earlier third-party estimates citing Mubadala Investment Company PJSC at approximately 25.1% and Royal Group Holding LLC at approximately 26.5% predate Alpha Dhabi Holding PJSC's 2022 acquisition of parent-company status and Mubadala's subsequent 2026 stake increases, and should be treated as superseded.
Sources
- Zawya — Abu Dhabi's Mubadala raises stake in Aldar to 28.03%, published 12 August 2026
- The National — Mubadala raises stake in Abu Dhabi developer Aldar, published 12 August 2026
- Argaam — Mubadala boosts Aldar Properties stake to 28.03%, published August 2026
- The National — Alpha Dhabi raises stake in Aldar to become Abu Dhabi developer's parent, published 28 June 2022
- Aldar Properties PJSC — Alpha Dhabi Holding Acquires Stake in Aldar from Mubadala (company announcement)
Officers
Aldar Properties PJSC's disclosed senior leadership is led by Chairman Mohamed Khalifa Al Mubarak and Vice Chairman Waleed Ahmed Al Muhairi, both in office since 2017. Talal Al Dhiyebi has served as Group Chief Executive Officer since the same 2017 board and management appointment round. Faisal Falaknaz has served as Group Chief Financial and Sustainability Officer since his confirmed appointment in August 2023, having taken on the role in an acting capacity from January 2023 following the resignation of the previous Group Chief Financial and Sustainability Officer, Greg Fewer, effective end of February 2023. Aldar Properties PJSC's board comprised nine members as reported in its 2024 corporate governance disclosures; individual director names and appointment dates beyond the Chairman, Vice Chairman and executive management named here were not independently re-verified against a primary ADX or company filing for this profile and are not listed to avoid relying on unverified aggregator data.
Recent officer changes
- Faisal Falaknaz — confirmed as Group Chief Financial and Sustainability Officer, August 2023, succeeding Greg Fewer.
- Greg Fewer — resigned as Group Chief Financial and Sustainability Officer, effective end of February 2023.
Data availability
Officer information for Aldar Properties PJSC is classified as Partial: the company discloses its Chairman, Vice Chairman, Group CEO and senior executive appointments through its own announcements and press releases, but a complete, dated register of all board members with individual appointment and resignation dates was not independently confirmed from a primary source for this profile. Nationality and country of residence are not publicly disclosed for Aldar Properties PJSC's directors and officers.
Sources
- Gulf News — Greg Fewer steps down as Aldar Group CFSO, Faisal Falaknaz takes on role, published January 2023
- Zawya — Aldar Properties appoints Faisal Falaknaz as Group Chief Financial and Sustainability Officer, published August 2023
- Zawya — Aldar announces the resignation of Group Chief Financial and Sustainability Officer, Greg Fewer
- Construction Week Online — Abu Dhabi's Aldar Properties appoints new chairman, CEO, published 2017
Group Structure
Aldar Properties PJSC is part of a verified corporate group headed by Alpha Dhabi Holding PJSC, an ADX-listed Abu Dhabi conglomerate that became Aldar Properties PJSC's immediate and ultimate identified parent in 2022. Alpha Dhabi Holding PJSC built its position by acquiring a 12.8% stake from Mubadala Investment Company PJSC in April 2021, adding a further 17% in January 2022 to reach approximately 29.8%, and increasing its holding further by 28 June 2022, at which point it began consolidating Aldar Properties PJSC as a subsidiary in its own financial statements; Alpha Dhabi Holding PJSC disclosed a stake of approximately 31.63% in Aldar Properties PJSC as of its first-half 2026 results. Aldar Properties PJSC holds two verified operating subsidiaries outside the UAE: Sixth of October for Development and Investment Company (SODIC), an Egyptian real estate developer in which a consortium of Aldar Properties PJSC (70%) and ADQ (30%) acquired an 85.5% stake in December 2021, giving Aldar Properties PJSC an effective direct interest of approximately 59.85%; and London Square Holdings Limited, a United Kingdom residential developer that became a wholly owned subsidiary of Aldar Properties PJSC in December 2023. Aldar Properties PJSC also operates a network of wholly and majority owned UAE subsidiaries across property management, education and asset-management activities; these were not individually re-verified with registration numbers and ownership percentages for this profile and are not listed in the table below.
Verified corporate relationships
| Entity | Country | Relationship | Ownership | Status | Information date |
|---|---|---|---|---|---|
| Alpha Dhabi Holding PJSC | United Arab Emirates | Immediate and ultimate parent | ~31.63% (reported) | Active | H1 2026 |
| Sixth of October for Development and Investment Company (SODIC) | Egypt | Direct subsidiary | ~59.85% (effective, via 70% of an 85.5% consortium stake with ADQ) | Active | December 2021 |
| London Square Holdings Limited | United Kingdom | Wholly owned direct subsidiary | 100% | Active | December 2023 |
Recent structural changes
- Mubadala Investment Company PJSC increased its non-controlling stake in Aldar Properties PJSC to 28.03% via open-market purchases completed 11 August 2026 — a shareholding change, not a change to Aldar Properties PJSC's own corporate structure.
- London Square Holdings Limited became a wholly owned subsidiary of Aldar Properties PJSC in December 2023.
- Alpha Dhabi Holding PJSC became Aldar Properties PJSC's parent company effective 28 June 2022.
Data availability
Corporate-linkage information for Aldar Properties PJSC is classified as Partial: the parent relationship with Alpha Dhabi Holding PJSC and the SODIC and London Square subsidiary relationships are confirmed through official company announcements and reporting of regulatory disclosures, but Aldar Properties PJSC's full list of UAE operating subsidiaries with registration numbers and ownership percentages was not independently re-verified against a primary related-undertakings filing for this profile.
Sources
- The National — Alpha Dhabi raises stake in Aldar to become Abu Dhabi developer's parent, published 28 June 2022
- Gulf Business — Alpha Dhabi ups stake in Aldar, becomes its single largest shareholder and parent company
- The National — Aldar and ADQ acquire majority stake in Egypt's Sodic in $386.8m deal, published 7 December 2021
- Forbes Middle East — Aldar-ADQ Acquires 85.5% Of Egypt's SODIC In A $388M Deal
- Aldar Properties PJSC — Explore SODIC and Aldar's Global Expansion
- The National — Mubadala raises stake in Abu Dhabi developer Aldar, published 12 August 2026
Get complete shareholder and officer records, ultimate beneficial owner resolution, and ongoing ownership monitoring.
Frequently Asked Questions
What does ALDAR Properties PJSC do?
Aldar Properties PJSC is an Abu Dhabi-based real estate developer and investor listed on the Abu Dhabi Securities Exchange, active in residential and commercial property development and sales (Aldar Development) and investment-property leasing and asset management (Aldar Investment), together with hospitality, education and facilities-management services across the UAE, Egypt and the United Kingdom.
Who owns ALDAR Properties PJSC?
Aldar Properties PJSC's largest shareholder is Alpha Dhabi Holding PJSC, its parent company since 2022, which disclosed a stake of approximately 31.63% as of first-half 2026; Mubadala Investment Company PJSC is the second-largest shareholder, having raised its stake to 28.03% through open-market purchases completed 11 August 2026.
Who is ALDAR Properties PJSC's UBO (Ultimate Beneficial Owner)?
No natural-person ultimate beneficial owner is disclosed for Aldar Properties PJSC; its two largest shareholders, Alpha Dhabi Holding PJSC and Mubadala Investment Company PJSC, are both Abu Dhabi government-linked entities.
Is ALDAR Properties PJSC still an active company?
ALDAR Properties PJSC's status on Company Data Enrichment is listed as active.
What is ALDAR Properties PJSC's registered address?
The registered address on file for ALDAR Properties PJSC is Kazakhstan.
What is ALDAR Properties PJSC's revenue?
Aldar Properties PJSC reported consolidated group revenue of AED 33.8 billion for the financial year ended 31 December 2025, up 47% year-on-year, with net profit after tax of AED 8.8 billion, up 36%, on group sales of AED 40.6 billion.
Is ALDAR Properties PJSC listed on a stock exchange?
Aldar Properties PJSC has been listed on the Abu Dhabi Securities Exchange under the ticker ALDAR since 2005.
Who are the officers/directors of ALDAR Properties PJSC?
Aldar Properties PJSC's Chairman is Mohamed Khalifa Al Mubarak and Vice Chairman is Waleed Ahmed Al Muhairi, both in office since 2017; Talal Al Dhiyebi has served as Group Chief Executive Officer since the same year, and Faisal Falaknaz has served as Group Chief Financial and Sustainability Officer since August 2023.
Does ALDAR Properties PJSC have a parent company or subsidiaries?
Aldar Properties PJSC is a subsidiary of Alpha Dhabi Holding PJSC, which became its parent company in 2022; verified direct subsidiaries include SODIC in Egypt (effective stake of approximately 59.85%, acquired December 2021 alongside ADQ) and London Square Holdings Limited in the United Kingdom (wholly owned since December 2023).
Can Zavia monitor changes to ALDAR Properties PJSC's ownership over time?
This profile reflects a point-in-time snapshot from Company Data Enrichment. Zavia's monitoring API can track changes to ALDAR Properties PJSC's registered shareholders, officers, and group structure going forward, flagging updates as they're filed rather than requiring a manual recheck.
Can I access ALDAR Properties PJSC's data through an API?
Yes. Zavia's API connects directly to official government ownership registries across 195 countries and territories, including Kazakhstan, so records like ALDAR Properties PJSC's registration, shareholder, UBO, and group-structure data can be queried programmatically instead of viewed one page at a time.
Where does this company information come from, and how current is it?
This record is sourced directly from Company Data Enrichment and was last synced on 13 August 2026.