Abu Dhabi-based Aldar Properties has secured a fresh AED 5 billion ($1.36 billion) revolving credit facility tied to sustainability goals, adding significant muscle to its balance sheet and extending its financial flexibility. The five-year syndicated deal comes as the developer sharpens its liquidity profile and reinforces access to capital amid ongoing expansion.
With the new facility in place, Aldar’s total available liquidity climbs to AED 38.2 billion. This pool includes AED 13.9 billion in cash alongside AED 24.4 billion in committed but undrawn facilities. The company’s senior debt now carries an average maturity of roughly five years, while unused committed lines average about three-and-a-half years, offering breathing room for future investments and project pipelines.
Structured as a senior unsecured, multi-tranche arrangement, the revolving credit line blends conventional and Islamic financing in both dirhams and US dollars. The floating-rate facility is linked to sustainability performance indicators, tying borrowing costs to progress on environmental and governance benchmarks — a feature increasingly favored by regional developers seeking greener financing frameworks. 🌱💰
Ten banks from the UAE and international markets participated in the syndication, reflecting strong lender appetite. The transaction marks Aldar’s second sustainability-linked revolving credit facility, following a larger AED 9 billion deal completed in early 2025.
The developer, majority-owned by a state investment entity, continues to draw support from its dominant position in Abu Dhabi’s real estate market, steady income streams from diversified assets, and ample liquidity reserves. The latest funding move further underscores its strategy of maintaining a sizeable financial cushion while aligning capital structure with sustainability commitments. 📊🏗️
