#Aldar

DIFC acquires commercial tower in DIFC Images Aldar

Aldar acquires Dhs2.3bn commercial tower in DIFC

The flagship tower, which is set to be completed in 2028, has been acquired from H&H Development, which has other projects in DIFC

Aldar unveils Mamsha Gardens Image Aldar

Aldar unveils resort-style Mamsha Gardens on Saadiyat Island

Sales for Mamsha Gardens open on November 9, offering buyers a variety of options including one, two, and three-bedroom apartments

Aldar Mandarin Oriental partner to bring exclusive branded residences to Saadiyat Island

Mandarin Oriental to bring exclusive branded residences to UAE capital

Abu Dhabi’s first Mandarin Oriental Residences will be situated in Saadiyat Cultural District among world-class museums, fine dining and entertainment venues

One Maryah Place

 Aldar Properties, Mubadala break ground on One Maryah Place

Upon completion, the development will be integrated into Aldar’s Investment Properties portfolio, which holds Dhs27bn worth of income-generating real estate assets

Aldar unveils Dhs1.5bn hospitality transformation in Abu Dhabi

Aldar unveils Dhs1.5bn hospitality transformation in Abu Dhabi

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

Aldar launches new luxe villa community on Yas island

Aldar unveils new luxe villa community on Yas island

According to the developer, 151 four-, five-, and six-bedroom canal-front and canal-accessible villas will be available to buyers from September 13 

Alpha dhabi reports H1 2024 results Image courtesy WAM

Alpha Dhabi reports Dhs6.7bn in net profit for H1 2024

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

Aldar group reports robust h1 2024 performance image-Aldar

Aldar net profit surges 57% in H1 2024, revenue up by 73%

The company achieved a revenue of Dhs10.9bn, up 73 per cent YoY and EBITDA of Dhs3.9bn

Aldar to develop an office tower on SZR in Dubai Image Supplied

Dubai: Aldar to build office tower on Sheikh Zayed Road

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

Aldar issues second green sukuk image Aldar

Aldar issues second $500m green sukuk

The 10-year issuance marks Aldar’s second green sukuk, following its inaugural $500m sukuk issued in May last year

Aldar unveils ‘active living’ community Athlon in Dubai

Sales of units at the first phase of Athlon will launch on May 7, with prices starting from Dhs2.8m

Nobu Residences Abu Dhabi_Penthouse Villa Terrace

Abu Dhabi’s most expensive penthouse is sold, here’s what it cost

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

Nouran Living by Aldar launches in Abu Dhabi Image: Aldar

Community takes centre stage at Aldar’s new Nouran Living

Construction on Nouran Living is set to begin in Q4 this year, with handovers expected in Q4 2027

ALDAR

Aldar reports record 40% net profit on sales surge

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 Nikki Beach sign partnership

Aldar, Nikki Beach to collaborate on exclusive real estate project. Here are the details

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

Aldar

Gardenia Bay: Aldar launches new Yas Island residential community

The development will feature monitoring meters to reduce energy, water, and waste consumption with an aim to achieve a Pearl 3 Estidama rating

Aldar and Mubadala to work on developing Al Maryah Island Photo

Aldar Properties, Mubadala to jointly develop commercial tower on Al Maryah Island

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 HQ _ the company recorded 3.1bn in net profit for 2022

Abu Dhabi-based Aldar records net profit of Dhs3.1bn in 2022

Aldar’s group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year

Aldar Manarat Living

Aldar unveils Manarat Living on Saadiyat Island in Abu Dhabi

Apartments are available for purchase from February 9

Aldar-announces-JV with Dubai Holding

Aldar signs strategic JV with Dubai Holding, enters Dubai real estate market

The communities will feature over 9,000 residential units, with launches planned for this year

Aldar subsidiary ETHER to open soon

Aldar subsidiary Cloud Spaces to launch ETHER, a new co-retail space, at Yas Mall

This co-retail space provides an accessible, tech-powered retail platform, where shoppers can explore multiple product lines under one roof

Aldar announces record sales for period ending Sept 30, 2022

UAE telcos partner with Aldar Properties to deliver advanced services

By virtue of the agreement, both service providers will deliver telecommunications infrastructure for the developer’s major projects

Teh sustainable City - Yas Island first phase sold out

The Sustainable City – Yas Island’s first phase sold out, sales value crosses Dhs1bn

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

Aldar Properties launches net zero plan to decarbonise its business

Net zero goals: Here’s how Abu Dhabi’s Aldar aims to decarbonise its business

The plan includes a detailed roadmap to achieve Net Zero in Scope 1, Scope 2 and Scope 3 emissions by 2050

Aldar, Diamond Developers launch sales for The Sustainable City – Yas Island project

Construction of the project will commence in Q2 2023, with first handovers expected in Q4 2025

Aldar and Nobu partner

Aldar, Nobu Hospitality to bring region’s first Nobu branded residences, hotel to Saadiyat Island

The agreement will see Aldar develop a five-star hotel, featuring 165 luxurious guest rooms and suites, including the rooftop Nobu Villa

Aldar announces record sales for period ending Sept 30, 2022

Aldar’s development sales reach Dhs9.3bn in first nine months of 2022

The group announced a net profit of Dhs2.13bn for the nine-month period, ending September 30, registering a 38 per cent year-on-year growth

Aldar Scales Up Property And Integrated Facilities Management Platform With Acquisition Of Spark Security Services

Aldar acquires Spark Security Services, scales up property and facilities management platform

Spark Security works with organisations operating in a wide range of sectors, including infrastructure, banking, healthcare and hospitality

Provis announces energy and water savings

Aldar-owned Provis achieves energy and utility savings worth Dhs2.4m in H1 2022

The company successfully reduced over 5,000 tons of carbon emissions and saved over 4 million kWh of energy

Grove District

Abu Dhabi’s Aldar sells out three buildings at Grove District, releases fourth

The sales recorded at Grove District so far total up to Dhs600m