#Aldar
The proceeds will be used in line with Aldar’s Green Finance Framework to refinance sustainability-accredited real estate within AIP’s portfolio
The Wilds will officially launch for sale on February 27 at the Coca-Cola Arena in Dubai
The initiative is aligned with the UAE’s Net Zero 2050 Straegy and Aldar’s commitment to become Net Zero by 2050
The success of this hybrid issuance underscores the growing investor confidence in its ability to deliver on its transformational growth strategy
The flagship tower, which is set to be completed in 2028, has been acquired from H&H Development, which has other projects in DIFC
Sales for Mamsha Gardens open on November 9, offering buyers a variety of options including one, two, and three-bedroom apartments
Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues
Upon completion, the development will be integrated into Aldar’s Investment Properties portfolio, which holds Dhs27bn worth of income-generating real estate assets
The initiative will introduce upscale hotel brands to the emirate, with the Eastern Mangroves hotel set to be rebranded as a Waldorf Astoria luxury resort
According to the developer, 151 four-, five-, and six-bedroom canal-front and canal-accessible villas will be available to buyers from September 13
Despite a decrease in total gains to Dhs2bn, attributed to the de-recognition of PureHealth in 2023 and the adoption of corporate tax in the UAE, the group’s overall net profit remained strong
The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn
The development will feature a grade A office tower with a net leasable area (NLA) of 88,000 sqm, complemented by a luxury boutique hotel and branded residences
The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year
Sales of units at the first phase of Athlon will launch on May 7, with prices starting from Dhs2.8m
The unit sets a new benchmark for price per square metre at more than Dhs96,000 per square metre and is the most expensive apartment ever sold in Abu Dhabi
Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027
The company attributed the growth to its highest-ever quarterly development sales of Dhs8.5bn in Q4, with full-year sales reaching a record Dhs27.9bn
Aldar and Nikki Beach will develop three branded residential buildings as part of a larger beachfront community on Al Marjan Island in Ras Al Khaimah
The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating
Upon completion of the initial office tower’s construction, which is expected by the end of 2026, the property will be managed by Aldar Investment
Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year
Apartments are available for purchase from February 9
The communities will feature over 9,000 residential units, with launches planned for this year
This co-retail space provides an accessible, tech-powered retail platform, where shoppers can explore multiple product lines under one roof
By virtue of the agreement, both service providers will deliver telecommunications infrastructure for the developer’s major projects
A total of 512 homes were available during the first phase of the project, with 76 per cent of the units purchased by expatriates, of which 24 per cent were overseas investors
The plan includes a detailed roadmap to achieve Net Zero in Scope 1, Scope 2 and Scope 3 emissions by 2050
Construction of the project will commence in Q2 2023, with first handovers expected in Q4 2025
The agreement will see Aldar develop a five-star hotel, featuring 165 luxurious guest rooms and suites, including the rooftop Nobu Villa