Aldar Properties intends to allocate an extra Dh5 billion towards the establishment of income-generating assets in Abu Dhabi, as part of its strategy to diversify and safeguard its revenue sources.
These assets will be included in the company’s investment portfolio and are scheduled to be completed in phases between 2025 and 2027. According to a statement by the company, this “develop-and-hold” strategy aligns with Aldar’s continuous acquisition of recurring income assets and enables the activation of its landbank through the development of various real estate asset types.