Company Insights Aldar Properties Construction Aldar Properties News Real Estate Aldar forecasts $5.4bn by 2028 from Dubai partnership Aldar, which entered into a joint venture with Dubai Holding for the first time this month to build homes in the emirate, is looking for other opportunities in Dubai. The developer’s chief financial and sustainability officer Greg Fewer said it was likely to look at investment opportunities in commercial offices and logistics property “in the […] February 10, 2023 Construction Off-plan sales set to drive future of Emirates property market Off-plan real estate sales are expected to increasingly satisfy demand from investors in the UAE in the future as developers sell out of inventory. Construction efforts are likely to centre on completing existing projects and masterplans for the next two to three years, while major new launches are set to decrease until the middle of […] February 3, 2023 Real Estate UAE master developers partner for 9,000 Dubai homes UAE mast developers Aldar Properties and Dubai Holding have formed a partnership to develop 9,000 residential units across prime locations in Dubai, with the first phase of launches planned to start this year. The joint venture will oversee the development of new communities in three locations along the E311 and E611 corridors – in the […] February 2, 2023 Real Estate Aldar garners $272m from sale of phase one of sustainable city Abu Dhabi-listed Aldar Properties (Aldar) and Diamond Developers, the developers of The Sustainable City – Yas Island, sold out the project’s first phase in a day, generating sales of over AED 1 billion ($272.25 million). A total of 512 homes were sold in the first phase, with 76 percent of the units purchased by expatriates, […] January 23, 2023 Real Estate Aldar to begin work on Yas Island sustainable city in Q2 2023 Construction of The Sustainable City – Yas Island will commence in Q2 2023, with the first handover of units expected in Q4 2025, according to a statement issued by Abu Dhabi-listed Aldar Properties. Announced in January 2022 during Abu Dhabi Sustainability Week, the project is a joint development with Dubai-based Diamond Developers. The Sustainably City […] January 8, 2023 Analysis Tourism Ras Al Khaimah tourism to take off as global investors see promise Ras Al Khaimah (RAK) is learning lessons from the tourism success story of Dubai and financiers are closely watching the market and are keen to support it, according to a senior banker. “I fully expect the growth in Ras Al Khaimah to explode in the coming years,” said Cyril Lincoln, executive vice president, global head […] December 29, 2022 Real Estate Aldar and Mubadala jointly buy Al Maryah Tower for $123m Aldar Properties and Mubadala Investment Company, an Abu Dhabi sovereign investor, have partnered to acquire Al Maryah Tower, a prime Grade A commercial office property on Al Maryah Island, for AED 450 million ($122.51 million), state-owned WAM news agency reported. The transaction gives Aldar control of all Grade A office space at Abu Dhabi Global […] December 15, 2022 Real Estate Aldar brings Nobu Hospitality brand to Abu Dhabi island Abu Dhabi’s Aldar Properties has partnered with US-based luxury lifestyle brand Nobu Hospitality to launch a new luxury hotel, branded residences, and a fine dining experience at Mamsha Al Saadiyat, the developer said in a statement. The agreement will see Aldar develop a five-star hotel featuring 165 luxurious rooms and suites, including the rooftop Nobu […] November 29, 2022 Real Estate UAE developer adds residences to RAK tourism sector Abu Dhabi’s Aldar Properties has acquired prime beachfront land on Al Marjan Island in Ras Al Khaimah (RAK) to build its first residential development in the northern emirate. Set to launch in 2023, the development will include 2,000 branded and premium homes on a plot of over 40,000 square metres, plus retail spaces and a […] November 22, 2022 Exclusive Retail Saudi and Egypt offer ideal stage for UAE’s The Entertainer The Entertainer, a Dubai-based tech company that offers thousands of lifestyle product discounts, is focusing on Saudi Arabia and Egypt for expansion as demand rises amid the current cost of living crunch. New CEO Ahmed Gaber, who was previously general manager of Visa’s operations in North Africa where he was responsible for developing the digital […] November 7, 2022 Posts navigation Previous 1 … 7 8 9 Next
Real Estate Aldar forecasts $5.4bn by 2028 from Dubai partnership Aldar, which entered into a joint venture with Dubai Holding for the first time this month to build homes in the emirate, is looking for other opportunities in Dubai. The developer’s chief financial and sustainability officer Greg Fewer said it was likely to look at investment opportunities in commercial offices and logistics property “in the […] February 10, 2023
Construction Off-plan sales set to drive future of Emirates property market Off-plan real estate sales are expected to increasingly satisfy demand from investors in the UAE in the future as developers sell out of inventory. Construction efforts are likely to centre on completing existing projects and masterplans for the next two to three years, while major new launches are set to decrease until the middle of […] February 3, 2023
Real Estate UAE master developers partner for 9,000 Dubai homes UAE mast developers Aldar Properties and Dubai Holding have formed a partnership to develop 9,000 residential units across prime locations in Dubai, with the first phase of launches planned to start this year. The joint venture will oversee the development of new communities in three locations along the E311 and E611 corridors – in the […] February 2, 2023
Real Estate Aldar garners $272m from sale of phase one of sustainable city Abu Dhabi-listed Aldar Properties (Aldar) and Diamond Developers, the developers of The Sustainable City – Yas Island, sold out the project’s first phase in a day, generating sales of over AED 1 billion ($272.25 million). A total of 512 homes were sold in the first phase, with 76 percent of the units purchased by expatriates, […] January 23, 2023
Real Estate Aldar to begin work on Yas Island sustainable city in Q2 2023 Construction of The Sustainable City – Yas Island will commence in Q2 2023, with the first handover of units expected in Q4 2025, according to a statement issued by Abu Dhabi-listed Aldar Properties. Announced in January 2022 during Abu Dhabi Sustainability Week, the project is a joint development with Dubai-based Diamond Developers. The Sustainably City […] January 8, 2023
Analysis Tourism Ras Al Khaimah tourism to take off as global investors see promise Ras Al Khaimah (RAK) is learning lessons from the tourism success story of Dubai and financiers are closely watching the market and are keen to support it, according to a senior banker. “I fully expect the growth in Ras Al Khaimah to explode in the coming years,” said Cyril Lincoln, executive vice president, global head […] December 29, 2022
Real Estate Aldar and Mubadala jointly buy Al Maryah Tower for $123m Aldar Properties and Mubadala Investment Company, an Abu Dhabi sovereign investor, have partnered to acquire Al Maryah Tower, a prime Grade A commercial office property on Al Maryah Island, for AED 450 million ($122.51 million), state-owned WAM news agency reported. The transaction gives Aldar control of all Grade A office space at Abu Dhabi Global […] December 15, 2022
Real Estate Aldar brings Nobu Hospitality brand to Abu Dhabi island Abu Dhabi’s Aldar Properties has partnered with US-based luxury lifestyle brand Nobu Hospitality to launch a new luxury hotel, branded residences, and a fine dining experience at Mamsha Al Saadiyat, the developer said in a statement. The agreement will see Aldar develop a five-star hotel featuring 165 luxurious rooms and suites, including the rooftop Nobu […] November 29, 2022
Real Estate UAE developer adds residences to RAK tourism sector Abu Dhabi’s Aldar Properties has acquired prime beachfront land on Al Marjan Island in Ras Al Khaimah (RAK) to build its first residential development in the northern emirate. Set to launch in 2023, the development will include 2,000 branded and premium homes on a plot of over 40,000 square metres, plus retail spaces and a […] November 22, 2022
Exclusive Retail Saudi and Egypt offer ideal stage for UAE’s The Entertainer The Entertainer, a Dubai-based tech company that offers thousands of lifestyle product discounts, is focusing on Saudi Arabia and Egypt for expansion as demand rises amid the current cost of living crunch. New CEO Ahmed Gaber, who was previously general manager of Visa’s operations in North Africa where he was responsible for developing the digital […] November 7, 2022
