Aldar Properties Pjsc operates in the Real estate agents and managers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Aldar Properties Pjsc with three other
Real estate operators in Middle East:
Makkah Construction & Development Co
of Saudi Arabia
sales of 398.67 million Saudi Riyals [US$106.31 million]
of which 37%
was Shopping Mall),
Emaar The Economic City
of Saudi Arabia
(1.14 billion Saudi Riyals [US$303.96 million]
of which 100%
was Property Income and Related Income), and
Salhiah Real Estate Co KSCC
based in Kuwait
(43.56 million Kuwaiti Dinars [US$143.29 million]
of which 41%
was Real Estate Operations).
Aldar Properties Pjsc reported sales of 6.24 billion Arab Emirates Dirhams (US$1.70 billion)
December of 2016.
increase of 36.0%
versus 2015, when the company's sales were 4.59 billion Arab Emirates Dirhams.
Despite this increase, sales are still
below the level achieved in 2014, when Aldar Properties Pjsc
reported sales of 6.55 billion Arab Emirates Dirhams.
Sales of Adjacencies saw an increase
that was more than double the company's growth rate: sales were up
132.7% in 2016, from
589.35 million Arab Emirates Dirhams to 1.37 billion Arab Emirates Dirhams.
Aldar Properties Pjsc also saw significant increases in sales in
Investment Properties (up 58.8% to 1.73 billion Arab Emirates Dirhams)
Not all segments of Aldar Properties Pjsc experienced an increase in sales in 2016:
sales of Development Management fell 70.1% to 119.38 million Arab Emirates Dirhams.
Aldar Properties Pjsc also experienced decreases in sales in
Property Development and Sales (down 36.0% to 2.39 billion Arab Emirates Dirhams)
Hospitality and Leisure (down 13.2% to 540.33 million Arab Emirates Dirhams)
Villages (down 23.1% to 91.75 million Arab Emirates Dirhams)