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الاقتصادية
Al Dar Real Estate profits rise 18%
Dar Al-Arkan Real Estate Company, listed on the Abu Dhabi Securities Exchange, achieved net profits of 4.9 billion dirhams in the first half of 2026, marking an 18% increase compared to the previous year. This growth was driven by foreign demand for its projects within the UAE and the expansion of its international operations. Revenues also grew by 8%, reaching 16.8 billion dirhams, supported by sales of development projects totaling 12.1 billion dirhams. The company benefited from the continued strong performance of its real estate portfolio and international investments, with significant increases in sales from projects such as SODIC in Egypt and London Square in the United Kingdom. Additionally, it launched new strategic projects valued at up to 106 billion dirhams, including Mursa Al Saadiyat and Yas Point. The company provides clear outlooks for high future revenues, backed by strong liquidity of 37.1 billion dirhams and financial support from sustainability-linked credit facilities, reflecting the robustness of its business model and expectations of further growth in the coming years.
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