Aldar Properties PJSC is a leading real estate development, management, and investment company based in Abu Dhabi, United Arab Emirates. Established in 2004, it is publicly traded on the Abu Dhabi Securities Exchange. Major shareholders include Alpha Dhabi, Mubadala, and International Holding Company.<\/p>\n\n\n\n
Key Developments
Yas Island: Home to Ferrari World, Yas Marina Circuit, and Yas Mall\u2014the largest shopping center in Abu Dhabi.<\/p>\n\n\n\n
Al Raha Beach & Gardens: Mixed-use waterfront communities with residential, retail, and leisure spaces.<\/p>\n\n\n\n
Al Mamoura & Al Gurm Resort: Notable commercial and hospitality developments.<\/p>\n\n\n\n
Al Fahid Island: Being developed into a world-class destination.<\/p>\n\n\n\n
Sustainability & Innovation
Aldar integrates eco-friendly materials, energy-efficient systems, and smart technologies into its projects. Developments like Noya, Alreeman, and West Yas feature solar panels, water-saving systems, and green roofs.<\/p>\n\n\n\n
Financial Performance
In Q1 2024, Aldar reported an 88% increase in net profit to AED 1.57 billion. Revenue rose 83% year-on-year to AED 5.6 billion, reflecting strong demand in Abu Dhabi\u2019s real estate market.<\/p>\n\n\n\n
Regional Expansion
In 2023, Aldar partnered with Dubai Holding to develop over 9,000 residential units in Dubai across three major locations, with a focus on sustainability and high-quality design.<\/p>\n\n\n\n
Recent Initiatives
Aldar is preparing to issue a 10-year green sukuk as part of a $2 billion trust certificates program, aimed at funding sustainable development projects.<\/p>\n\n\n\n
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