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30/10/2025 02:57 AST
Leading UAE developer Aldar has announced a series of develop-to-hold projects located at Al Shamkha, Yas Island worth AED3.8 billion ($1.03 billion).
These developments, spread across the residential, commercial and logistics sectors, underscore the company's commitment to strengthening its leadership in the Abu Dhabi market, enhancing sector diversification, and scaling its recurring income portfolio. These projects bring Aldar's sizeable develop-to-hold pipeline to AED17.6 billion.
Aldar Investment CEO Jassem Salah Busaibe said: "Our latest investments reflect the strong demand we are seeing for residential rental units, Grade A commercial space, and logistics real estate in Abu Dhabi."
"The develop-to-hold strategy is a core growth driver for Aldar, enabling us to significantly expand our diverse portfolio of income-generating assets across the UAE while responding to client requirements for professionally managed commercial, residential, logistics, hospitality, retail and education assets."
Aldar's develop-to-hold approach for residential real estate is focused on delivering well located and desirable projects to suit the needs of a wide variety of customers.
In its latest investment, the Emirati developer will build a new residential community in Alreeman that will offer almost 2,000 residences with a mix of studios, one-, two- and three-bedroom units to the rental market with residents set to enjoy community retail, leisure amenities, and open green spaces.
Located in Al Shamkha, the development is a short drive from Zayed International Airport, with direct links to major highways that connect Abu Dhabi and Dubai, and some of Abu Dhabi's most vibrant lifestyle destinations, including Yas Island and Saadiyat Island.
Aldar will also deliver 665 units to the rental market on Yas Island, located in close proximity to the island's globally renowned entertainment and retail attractions. The new developments include a gated community with a mix of 217 townhouses and villas designed to meet sustained demand from young professionals and families who want to live the Yas Island lifestyle next to exceptional schools, leisure offerings, and office spaces.
Trade Arabia
29/10/2025
Aldar Properties on Tuesday reported that net profit after tax for the first nine months of 2025 surged 30 per cent year-on-year to Dh6 billion. The growth was driven by strong results across its dev
Khaleej Times
24/10/2025
Aldar has announced the launch of The Row Saadiyat, a boutique residential and lifestyle quarter located within Saadiyat Cultural District, offering residents an exclusive address overlooking the Zay
Gulfnews
15/10/2025
Leading Abu Dhabi developer Aldar has announced the sell-out of its prime project - Yas Living - within days of launch, generating over AED1.3 billion ($354 million) in sales.
Located on th
Trade Arabia
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30/10/2025
Al Rayan Bank reported a 2.5% year-on-year (y-o-y) net profit growth to QR1.30bn in the first nine months of 2025 from QR1.28bn.
Earnings per share showed a 2.5% y-o-y growth to QR0.142 from
Gulf Times
30/10/2025
Vodafone Qatar has launched a new in-store initiative aimed at making expert business support more accessible.
Dedicated business consultants are now available at Vodafone's flagship retail
Gulf Times
30/10/2025
Ooredoo Group's board of directors has approved the updated dividend policy to reflect a new target payout ratio range, increasing it from 40%-60% to 50%-70% of normalised net profit.
The re
Gulf Times
30/10/2025
ASMO, a joint venture between Saudi Aramco Development Company and DHL, a global leader in the logistics industry, has announced the expansion of its procurement services for the global oil giant Ara
Trade Arabia
30/10/2025
Saudi utilities giant ACWA Power plans to forge strategic partnerships and secure major financing to support its sustainability goals and strengthen Saudi Arabia's position as a global leader in clea
Arab News
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