Aldar Properties

Established in 2004, Aldar Properties is a prominent real estate development, management, and investment company headquartered in Abu Dhabi, United Arab Emirates. The company is publicly listed on the Abu Dhabi Securities Exchange and is majority-owned by the UAE sovereign wealth fund, Alpha Dhabi. Aldar's extensive portfolio includes significant developments within Abu Dhabi, such as Al Raha Beach, Al Raha Gardens, the Abu Dhabi Central Market, and Yas Island, which features the Yas Marina Circuit, Ferrari World, and Yas Hotel Abu Dhabi. Internationally, Aldar has expanded its presence by acquiring a 59.9% stake in Egyptian real estate development company SODIC and wholly owning UK real estate developer London Square. Aldar Properties focuses on real estate investments across various stages, including buyouts, developments, and growth projects. Its geographical focus spans the United Arab Emirates, United Kingdom, and Egypt. The company's diverse portfolio encompasses residential, commercial, retail, and hospitality properties, with a land bank of over 77 million square meters, 90% of which is in special investment zones. Aldar's strategic partnerships, including those with Emaar Properties and Dubai Holding, have further solidified its position in the UAE real estate market. The company's commitment to sustainability is evident through its initiatives to achieve net-zero emissions by 2050 and the integration of energy-efficient features in its developments. Aldar Properties' strong financial performance is highlighted by a 47% increase in net profit for 2024, reaching AED 6.5 billion, and a record group sales increase of 20%, totaling AED 33.6 billion. The company's diversified portfolio and strategic initiatives have positioned it as a leading player in the real estate sector, both regionally and internationally.

Location
Aldar Square, Yas Island, Abu Dhabi
Founded
2004
Type
Investment Firm

https://www.aldar.com/