Aldar Properties PJSC is a leading real estate developer and manager in the United Arab Emirates, headquartered in Abu Dhabi. Established in 2004, the company has become synonymous with excellence, integrity, and community development in cities like Abu Dhabi and Dubai.
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Business Sectors Aldar Operates in
Aldar Properties operates in six business sectors:
- Development: Master developer of integrated, liveable, and thriving communities across Abu Dhabi’s most desirable destinations, including Yas Island, Saadiyat Island, Al Raha, and Reem Island.
- Investment: Manages a diversified portfolio of assets, including residential, commercial, retail, leisure, and education facilities.
- Retail: Operates shopping malls, retail centers, and community centers.
- Hospitality: Manages a portfolio of hotels, including Yas Viceroy Hotel, and leisure assets such as golf courses, beach clubs, and marinas.
- Education: Develops and manages educational facilities, including schools and universities.
- Entertainment: Develops and manages entertainment projects, including theme parks, such as Ferrari World and Yas Waterworld.
Notable Projects of Aldar Properties in Dubai
Some of Aldar Properties’ notable projects include:
- Yas Island: A man-made island in Abu Dhabi featuring amusement parks, the Yas Marina Circuit, hotels, and shopping malls.
- Haven by Aldar: A wellness-inspired residential community in Dubai offering villas and townhouses designed to foster wellness and eco-friendly living.
- Athlon by Aldar: A residential development in Dubai focused on active lifestyles, featuring green spaces, parks, and zones for sports and fitness.
Sustainability and Awards
Aldar Properties is committed to sustainability and has received several awards for its efforts, including the “Best Health and Safety Achievement in Construction” and “Best Urban Design and Master Planning” awards.
Aldar’s Expansion into Dubai
Aldar Properties has expanded its operations into Dubai, partnering with Dubai Holding to develop new projects, including Haven by Aldar and Athlon by Aldar.
Financial Performance
Aldar Properties has reported strong financial performance, with a significant increase in net profit in the first quarter of 2024, driven by higher sales and a robust property market in the UAE.
Key Executives of Aldar Properties
The company’s key executives include:
- Mohamed Khalifa Al Mubarak: Chairman.
- Talal Al Dhiyebi: Chief Executive Officer.
Corporate Governance
Aldar Properties operates according to high standards of corporate governance, with a diverse and supportive shareholder base.
Vision and Values
The company’s vision is to be a leading real estate developer and manager in the region, driven by a set of guiding values that include being result-oriented, growth-minded, community-focused, collaborative, and responsible.
Overall, Aldar Properties is a prominent real estate developer and manager in the UAE, known for its iconic projects, commitment to sustainability, and strong financial performance.
