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


UAE’s Aldar reports Dhs688m net profit in Q1 2022

Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent

Saudi Arabia maintained its position in the top 50 global rankings

Abu Dhabi records Dhs71.5bn of real estate transactions in 2021

There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals

Aldar Education Aldar Academies

Abu Dhabi’s Aldar to invest Dhs1bn in education portfolio

It aims to increase the student capacity in Aldar Education’s owned and managed schools to over 40,000 seats by the 2024-2025 academic year

Aldar gains ground within two global ESG benchmarks

The company’s improved ESG ratings have been attributed to the consistent and broad integration of sustainability practices into its operations

Aldar Zas acres magnolias

Aldar launches new project on Abu Dhabi’s Yas Island

The Magnolias consists of 312 villas and townhouses, bookings for which will open on September 4

Abu Dhabi’s Aldar launches Noya Luma villa project in Yas Island

Construction is set to commence in November 2021, with handovers expected to begin in February 2024

Abu Dhabi’s Aldar considering more deals in Egypt real estate

The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home

Mubadala seizes on 144% stock rally to sell stake in Aldar Properties

Mubadala sold a 12 per cent stake in Aldar to Alpha Dhabi Holding

Aldar offers to buy stake in Egypt’s Sodic; shares climb

The offer values the Egyptian property developer at about $420m

Aldar Properties

Aldar Properties sells Abu Dhabi Golf Complex for Dhs180m

The complex includes The Westin and an 18-hole championship course

Aldar eclipses Emaar as top UAE developer on $8bn deal

The company expects more government projects to come its way

Aldar, ADQ sign agreement on Dhs30bn of Abu Dhabi projects

Aldar will also have management oversight of Musanada projects ranging from education, healthcare, infrastructure, social services and facilities management

Aldar Posts Three-Fold Rise In Q2 Profit

The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.