Shuaa Capital said the fourth quarter results of property developer Aldar fell 'dramatically short' of the financial firm's expectations, despite the fact that its estimate for the quarter was the lowest in the market and 58% below the consensus. In a new report, Shuaa wrote that Aldar's results reflect the dramatic change in market sentiment coupled with the lack of funding for property buyers and the accounting methods that were used. Despite these results, Aldar is still a solid medium to long-term investment at current valuations, Shuaa said, noting that Aldar remains the most well funded real estate company in the UAE, with Dhs12.07bn in cash and Dhs10.93bn in unused facilities.