Aldar Properties is a leading real estate development company in the UAE, with a diversified operating model centered around two businesses: Aldar Development and Aldar Investment. With its headquarters in Abu Dhabi, the company has been instrumental in shaping the city’s skyline and the country.
Some key facts about Aldar Properties for real estate development in Abu Dhabi and the UAE include:
- The company has operated since 2004, delivering over 25,000 homes and 3.5 million square meters of commercial space.
- Aldar Development is responsible for some of the most iconic real estate developments in Abu Dhabi, including Yas Island, Al Raha Beach, and Saadiyat Island.
- Aldar Investment manages a diversified portfolio of real estate assets, including hospitality, retail, and commercial properties.
- Website: https://www.aldar.com/
- Contact Information: 800-ALDAR / 800-25327
Company Overview
Aldar’s History
Aldar Properties is a reputable UAE real estate developer, investor, and manager. The company was founded in 2005 and is headquartered in Abu Dhabi. Aldar is listed on the Abu Dhabi Securities Exchange (ADX) and has a diversified portfolio of assets, including residential, commercial, retail, and hospitality properties.
Vision and Mission
Aldar’s vision is to be the UAE’s most trusted and respected real estate developer. The company’s mission is to create sustainable communities that enrich the lives of its customers and stakeholders.
Leadership: Talal Al Dhiyebi
Talal Al Dhiyebi is the CEO of Aldar Properties PJSC. He joined the company in 2009 and was in various senior management positions before being its CEO in 2018. Under his leadership, Aldar has continued to grow and expand its portfolio of assets. Al Dhiyebi is committed to driving the company’s growth strategy and delivering value to its shareholders.
Relevant Entities
- Aldar Properties PJSC
- Real Estate Developer
- Investment Company
- Abu Dhabi Securities Exchange
Sustainable Development Initiatives
Al Dar Properties is a leading real estate development company that has established ambitious sustainability targets. The company’s sustainable development initiatives aim to create a better, more sustainable future. This section will explore some of Al Dar’s sustainable development initiatives.
Sustainability in Design
Al Dar Properties is committed to sustainability in design. The company’s Net Zero Plan, finalized in November 2022, is a comprehensive plan to achieve net-zero emissions by 2050. The plan includes using sustainable materials, renewable energy, and innovative irrigation systems. Al Dar’s commitment to sustainability in design is evident in its projects, which are designed to reduce energy consumption and promote sustainable living.
Environmental Monitoring for Sports
Al Dar Properties is committed to environmental monitoring for sports. The company has installed air quality monitoring systems, noise monitoring, and sound masking systems in its sports facilities. These systems help ensure that the air quality and noise levels in the sports facilities are safe and healthy—Al Dar’s commitment to environmental monitoring for sports aims to promote beneficial living and sustainable sports facilities.
Smart Community Features
Al Dar Properties is committed to smart community features. The company’s projects are designed to promote sustainable living and smart communities. Al Dar’s projects include smart irrigation systems, which use sensors to detect soil moisture and adjust irrigation accordingly. The company’s projects also include energy-efficient lighting and smart home systems. Al Dar’s commitment to smart community features aims to promote sustainable living and reduce energy consumption.
- Al Dar Properties has established ambitious sustainability targets.
- The company’s Net Zero Plan aims to achieve net-zero emissions by 2050.
- Al Dar’s projects are designed to reduce energy consumption and promote sustainable living.
- The company has installed air quality monitoring systems, noise monitoring systems, and sound masking systems in its sports facilities.
- Al Dar’s projects include smart irrigation systems and energy-efficient lighting.
- The company’s commitment to sustainability in design, environmental monitoring for sports, and smart community features aims to promote sustainable living and reduce energy consumption.
Portfolio of Properties
Al Dar Properties is a leading real estate development company in the UAE with a diversified portfolio of properties across different sectors. In this section, we will explore the different types of properties that Al Dar Properties has to offer.
Residential Projects
Al Dar Properties has a range of residential projects across different locations in the UAE. These projects include:
- Yas Island: Al Dar Properties has several residential projects on Yas Island, including Lea, Noya, and Viva. These projects offer various apartments and villas catering to different lifestyles and budgets. They provide residents with a comfortable and luxurious living experience.
- Saadiyat Island: Al Dar Properties has several residential projects on Saadiyat Island, including Water’s Edge. These projects offer a range of apartments and villas that provide residents with a serene and peaceful living experience.
- Al Raha Beach: Al Dar Properties has several residential projects on Al Raha Beach, including Al Mamoura. These projects offer various apartments and villas catering to different lifestyles and budgets.
In summary, Al Dar Properties has a diverse portfolio of properties across different sectors in the UAE. The company commits to delivering high-quality developments that cater to the needs of its customers. Whether you are looking for a residential property, a commercial venture, or a retail and hospitality project, Al Dar Properties has something to offer.
Investment and Asset Management
Aldar Investment
Aldar Properties is the UAE’s leading real estate developer and manager, with a diversified and sustainable operating model that revolves around two core businesses: Aldar Development and Aldar Investment. Moreover, Aldar Investment is the region’s largest diversified real estate asset management platform, with a portfolio of over AED 20 billion assets under management.
Asset Growth and Shareholder Value
Aldar Investment focuses on creating long-term value for investors through asset growth and shareholder value. The company’s investment strategy revolves around four key pillars:
- Active asset management to maximize income and capital growth
- Strategic acquisitions and disposals to optimize portfolio performance
- Development of new real estate assets to meet market demand
- Optimization of existing assets to improve operational efficiency and enhance tenant experience
Income and Revenue Streams
Aldar Investment generates income and revenue streams through a variety of sources, including:
- Rental income from commercial, retail, residential, and hospitality assets
- Income from property management and leasing services
- Capital gains from asset disposals
- Development profits from the sale of completed projects
Community Engagement and Partnerships
Al Dar Properties is a leading real estate developer in Abu Dhabi who commits to building communities through strategic partnerships and community engagement. The company believes building solid relationships with its partners and stakeholders is essential to developing communities catering to clients’ needs.
Building Communities
Al Dar Properties commits to building sustainable, livable, inclusive communities. The company believes working closely with its partners and stakeholders can create wholesome communities. Al Dar Properties has established several community engagement programs focusing on education, health, and social welfare to achieve this goal.
Strategic Partnerships
Al Dar Properties has established strategic partnerships with leading real estate and development companies, including Mubadala Development Company, Dubai Holding, and Emaar.
Educational and Infrastructure Development
In addition to building communities, Al Dar Properties commits to investing in educational and infrastructure development. The company believes investing in these areas can help create sustainable, livable, and prosperous communities. To achieve this goal, Al Dar Properties has established several programs that focus on education and infrastructure development, including:
- Building schools and educational facilities in underserved communities
- Investing in public transportation infrastructure to improve accessibility.
- Partnering with community organizations to promote sustainable development practices
Al Dar Properties believes investing in education and infrastructure development can help create more resilient, sustainable, and prosperous communities. The company commits to working closely with its partners and stakeholders to achieve this goal and build communities that meet the needs of all residents.
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Frequently Asked Questions
Who currently owns Aldar Properties?
- Aldar Properties is a publicly traded company, meaning it is owned by shareholders who purchase company shares on the Abu Dhabi Securities Exchange.
Is Aldar Properties a government-owned entity?
- While Aldar Properties was established by the Abu Dhabi government in 2005, it is now a publicly traded company, not government-owned.
Can you provide a brief history of Aldar Properties?
- Aldar Properties started in 2005 to develop and manage real estate projects in Abu Dhabi and the surrounding region. Since its establishment, the company has grown significantly and has become one of the largest real estate developers in the United Arab Emirates.
What are Aldar Properties’ primary business activities?
- Aldar Properties is primarily involved in developing, managing, and investing real estate projects. The company’s portfolio includes residential, commercial, and hospitality properties, retail developments, and infrastructure projects.
How can one find information about Aldar Properties’ subsidiary companies?
- Information about Aldar Properties’ subsidiary companies can typically be on its website or through its investor relations department. The Abu Dhabi Securities Exchange also provides information about the company’s subsidiaries and financial performance.
