Aldar Properties announced its operational highlights and development overview for the first half of this year, delivering a resilient underlying performance across the business.
Aldar properties, Abu Dhabi based property development company, announced that it has reached an agreement with Tourism Development & Investment Company (TDIC) to acquire a portfolio of prime real estate assets worth AED3.7 billion (USD1 billion), in what is reportedly one of the largest real estate acquisitions in the country’s history.
Aldar Properties announced that it recently signed a memorandum of understanding (MoU) with Hyperloop Transportation Technologies (HyperloopTT), a transportation and technology company, which will enable the development of a new urban centre within Aldar's Seih Al Sdeirah landbank, and in close proximity to Alghadeer.
Three UAE companies; Etihad Airways, Miral Asset Management, and Aldar Properties, have joined forces to introduce a range of getaway packages to bring visitors from the GCC to Abu Dhabi’s Yas Island.
Aldar Properties (Aldar) and Emaar Properties (Emaar) have announced a joint venture to develop what was described by both companies as the world's next era of iconic destinations that will shape the UAE's ever-evolving skyline.
Aldar Properties has completed the acquisition of International Tower, the office tower located in Capital Gate district of Abu Dhabi for AED658 million (USD179 million).
Aldar Properties announced its financial results for the third quarter (Q3) of this year, which show a strong performance across the business.
Continuing its expansion strategy in Abu Dhabi, Aldar Properties has recently announced the launch of a new waterfront development on Yas Island.
Aldar Properties reported that its gross profit in the first six months of the year (H1) reached AED1.29 billion (USD351 million), a year-on-year increase of five percent.
Aldar Properties has progressed with its master planned community on Reem Island, where the developer is continuing the works on multiple facilities, further shaping what is said to become one of the most attractive destinations in Abu Dhabi.