#aldar properties

Aldar buys UK’s London Square for Dhs1.07bn

Aldar Properties acquires UK developer London Square for Dhs1.07bn

The transaction is expected to have a positive impact on sales, given the opportunities to cross-sell across the two companies’ respective customer base

Aldar unveils Nikki Beach Residences in Al Marjan _ Image Aldar

Aldar launches Nikki Beach Residences in Al Marjan, sales to open on Dec 5

Three hundred and fifty-seven units will be up for sale in the first phase on December 5

Aldar Properties Q3 2023 highlights Image Aldar

Aldar Q3 ’23 group sales rise 99%, marks highest ever quarterly sales

Group sales during the first nine months reached a record Dhs19.4bn, up 109 per cent on the back of 11 project launches year-to-date and strong demand for Abu Dhabi properties

Haven by aldar announced in Dubai

Here’s what Haven, Aldar’s first residential community in Dubai, will offer

 Construction of the first phase of Haven by Aldar is due to begin in Q2 2024, with handovers expected in Q3 2027

Aldar Properties’ Q2 2023 profit jumps 52 to 354m

Aldar Properties’ Q2 2023 profit jumps 52% to Dhs1.3bn

The property giant’s development sales hit a record Dhs11.6bn in the three months to June 30, with 10 new project launches a year to date

Aldar boosts education portfolio investment to $368m

Aldar boosts investment in education portfolio to $368m

The expansion plan includes the establishment of Cranleigh Bahrain and the acquisition of Kent College Dubai and Virginia International Private School in Abu Dhabi

Aldar hikes retail portfolio investment to $272m

Aldar increases investment in retail portfolio to $272m

The investment follows the completion of Yas Mall’s Dhs500m redevelopment plan

Yas Island

Aldar, Abu Dhabi Housing Authority unveil Dhs8bn project on Yas Island

The project is part of Abu Dhabi Government’s efforts to develop integrated and sustainable residential neighbourhoods

Jassem Busaibe - Chief Executive Officer at Aldar Investment Image Aldar Properties

Aldar acquires Basatin, expands facility management, landscaping services offering

Through this transaction, which is valued at Dhs150m, Aldar will hold a majority stake of 75 per cent in Basatin with the remaining 25 per cent held by a strategic partner

Aldar Properties Egyptian investment

Aldar Properties reaffirms its commitment to Egypt

The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector

Aldar Properties group CEO Talal Al Dhiyebi

Abu Dhabi’s Aldar Properties posts 22% jump in Q1 2023 profit

The developer said its revenue backlog hit a record Dhs18.8bn, which provides visibility over the next two to three years

Aldar unveils the Source

UAE’s Aldar Properties unveils homes dedicated to health and wellbeing

Construction of the project is set to start in the last quarter of 2023, with handovers projected for Q3 2026

Aldar Properties joins CEBC

Aldar Properties joins Clean Energy Business Council as partner member

Aldar will collaborate with CEBC in its ‘Energy Efficiency’ working group to achieve goals that will promote a sustainable future and support the UAE Net Zero by 2050 Strategic Initiative

Aldar properties ot invest Dh25m to cut energy costs across communtities

Aldar invests Dhs25m into residential communities to cut energy consumption

The project will enhance energy efficiency across a range of Aldar hotels, schools, commercial, leisure, retail and residential buildings

Aldar launches Yas Park Gate, its latest gated community, next to Yas Park

The homes at Yas Park Gate are designed to achieve a two-pearl rating, as per the UAE’s Estidama sustainability rating system

Aldar joins SBTi advisory group/ Greg Fewer, Group Chief Financial and Sustainability Officer at Aldar

Aldar to advise Science Based Targets initiative on net-zero targets for real estate sector

More than 3,000 companies worldwide are working with SBTi to reduce emissions

Alpha Dhabi registers net profit of 7.9bn/ image: Getty images

Abu Dhabi-based Alpha Dhabi announces net profit of Dhs7.9bn in H1 2022

The group achieved revenues of Dhs17.1bn, up considerably year-on-year from Dhs5.5bn for the same period last year

Aldar to purchase four towers from Mubadala

Aldar to acquire four properties from Mubadala, deal valued at Dhs4.3bn

The transaction includes the four main office towers in ADGM located on Al Maryah Island, Al Sila, Al Sarab, Al Maqam and Al Khatem

Double Tree Hilton RAK acquired by Aldar

Aldar acquires Doubletree By Hilton Resort and Spa, takes total investment in RAK to Dhs2bn

The transaction ramps up Aldar’s expansion and growth strategy in Ras Al Khaimah following the acquisition of Al Hamra Mall and Rixos Bab Al Bahr earlier this year

Alpha Dhabi ups stake in Aldar

Alpha Dhabi ups stake in Aldar, becomes single largest shareholder and parent company

As a long-term strategic shareholder, Alpha Dhabi will continue to support Aldar’s management team as they execute its growth agenda

ALDAR invests in ARONGA VENTURES FUND

Aldar partners with real estate technology investor, Taronga Ventures

The investment in the Taronga Ventures fund adds to Aldar’s investments in four other real estate technology funds

Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn

Aldar has also secured development rights for an additional 250,000 sq ft of gross floor area for residential and commercial use as part of the deal

Louvre Abu Dhabi

Aldar Properties launches world’s first Louvre-branded residences in Abu Dhabi

Located within Saadiyat Grove, Louvre Abu Dhabi Residences will feature 400 apartments including five penthouses

Aldar

Abu Dhabi’s Aldar achieves annual property sales of Dhs7.2bn in 2021

The company reported a preliminary full year net profit increase of 21 per cent

Abu Dhabi’s Aldar awarded development project contracts worth Dhs8.5bn in 2021

The company signed 16 contracts with UAE-based companies to support the National ICV programme

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 Properties enters Ras Al Khaimah with Dhs410m acquisition of Al Hamra Mall

Aldar has secured development rights for an extra 11,200 sq m of gross floor area, with an option to acquire an additional 7,400 sq m for retail and commercial use

UAE’s Aldar signs agreement with EWEC to promote clean energy adoption

Via the agreement, 100 per cent of Aldar’s owned and managed operating assets will be powered by EWEC’s clean energy sources for up to five years

Aldar properties

Aldar to develop Dhs1.8bn The Sustainable City – Yas Island project in Abu Dhabi

The community will span an area of 397,000 sqm in Yas North, with construction scheduled to commence in Q4 2022

Alpha Dhabi Holding raises stake in Aldar Properties to 30%

Alpha Dhabi Holding has completed the acquisition of Sublime 2, Sogno 2 and Sogno 3, which together own 17 per cent of Aldar Properties