Aldar Properties PJSC on Track to Deliver 3,500+ Residential Units in 2026 Amid Supply Chain Resilience
ABU DHABI, UAE — Aldar Properties PJSC announced March 26 that it completed construction of 1,075 residential units in the first quarter of 2026 and remains on track to hand over more than 3,500 homes across the UAE by year-end, citing uninterrupted operations and a resilient supply chain across its real estate development portfolio.
The company reported that 550 of those completions occurred in March alone, across 141 active construction sites spanning Abu Dhabi, Dubai, and Ras Al Khaimah. Three new sites were activated during the month, bringing total construction hours in March to 30 million — a 20% increase compared to March 2025.
Aldar Has Maintained Strong Project Delivery Momentum Across Its Development Portfolio
Aldar has maintained strong project delivery momentum across its development portfolio and remains on track to meet its 2026 handover targets, the company said in its announcement. Construction activity is advancing in line with planned timelines at all sites, underpinned by what the company described as a highly resilient supply chain and strong construction partnerships.
Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: "The swift and proactive response of the UAE's leadership to protect our nation and support its people has allowed us to continue operating our business without interruption and serving our customers safely. Against this backdrop, we are maintaining our delivery momentum, awarding new construction contracts, and further strengthening our supply chain, while continuing to positively contribute to the national economy. We are working closely with the government, our partners, and suppliers to maintain this positive momentum and continue to deliver for our customers and communities."
Supply Chain Is Supported by Localized Contractor Network in Real Estate Development
Aldar's supply chain is supported by a diversified and locally embedded contractor and supplier network, the company said, strengthened through long-term partnerships and a strategic focus on in-country procurement. The approach is designed to reduce exposure to external variables while enhancing operational continuity.
During Q1 2026, Aldar awarded AED 4.7 billion in development contracts, with 38% — approximately AED 1.8 billion — awarded in March to five contractors, all of which are based in the UAE. In March, the company paid AED 1.55 billion to 71 contractors working on projects across Abu Dhabi, Dubai, and Ras Al Khaimah.
Through contracts awarded so far in 2026, AED 1.78 billion will be recirculated to the local economy through the UAE's National In Country Value (ICV) programme. An additional 172 tenders are currently active across Aldar's projects, with a combined value exceeding AED 30 billion yet to be awarded.
Yas Park Place Launch Signals Next Phase of Residential Expansion
Looking ahead, Aldar said it will launch the first phase of Yas Park Place in April 2026, a new residential development overlooking Yas Central Park on Yas Island. The company did not disclose unit counts, pricing, or additional phasing details in its announcement.
Aldar's broader portfolio includes notable projects such as Mamsha Al Saadiyat and The Bridges, both in Abu Dhabi, which the company referenced in the context of its residential and mixed-use development activity.
Market Implications for UAE Real Estate Development
The 3,500-plus unit handover target represents a substantial volume of residential supply across the UAE. The scale of Aldar's contracting activity — including 172 active tenders valued at more than AED 30 billion — indicates continued pipeline activity across multiple emirates.
The company's localized contractor network, with AED 1.55 billion in monthly payments to 71 contractors, reflects operational continuity as described by the company. The AED 1.78 billion ICV recirculation and AED 4.7 billion in Q1 contract awards are among the metrics Aldar cited in characterizing its economic contribution to the UAE.