Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent
There were a total of 14,958 sales and mortgage transactions, with Yas Island topping the list with Dhs4.1bn in real estate deals
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
The company’s improved ESG ratings have been attributed to the consistent and broad integration of sustainability practices into its operations
The Magnolias consists of 312 villas and townhouses, bookings for which will open on September 4
Construction is set to commence in November 2021, with handovers expected to begin in February 2024
The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home
Mubadala sold a 12 per cent stake in Aldar to Alpha Dhabi Holding
The offer values the Egyptian property developer at about $420m
The complex includes The Westin and an 18-hole championship course
The company expects more government projects to come its way
Aldar will also have management oversight of Musanada projects ranging from education, healthcare, infrastructure, social services and facilities management
The Abu Dhabi developer reported a net profit of $113.8 million in the second quarter of the year.