Aldar Properties

Al Raha Beach, PO Box 51133, Abu Dhabi, United Arab Emirates

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About Aldar Properties

Summary

Aldar Properties PJSC is a prominent real estate development company headquartered in Abu Dhabi, United Arab Emirates. Founded on 12 January 2004, Aldar is publicly listed on the Abu Dhabi Securities Exchange, with the UAE sovereign wealth fund, Alpha Dhabi, as its largest shareholder. The company focuses on developing integrated, liveable communities and managing a diverse range of real estate assets across Abu Dhabi, including notable projects like Yas Island, Saadiyat Island, Al Raha, and Reem Island.

Aldar operates through two main divisions: Aldar Development and Aldar Investment. Aldar Development is responsible for the company’s land bank, which spans approximately 65 million square metres, and includes businesses such as Aldar Projects, Aldar Ventures, and Aldar Egypt. The division develops mixed-use communities and government housing projects, in addition to supporting innovation. Aldar Investment, on the other hand, oversees an investment portfolio worth AED 16 billion, which spans retail, residential, and commercial properties. It also manages educational, hospitality, and leisure assets, including the Aldar Academies and a collection of hotels, golf courses, and marinas.

The company’s history includes a 2011 bailout from the Abu Dhabi government following a credit rating downgrade and a 2013 merger with Sorouh Real Estate. In recent years, Aldar has expanded internationally, acquiring London Square, a UK-based property developer, in 2023.

History

Aldar Properties PJSC was founded on 12 January 2004 and is based in Abu Dhabi, United Arab Emirates. The company was listed on the Abu Dhabi Securities Exchange in 2005. Aldar initially gained attention with its ambitious real estate projects across the Abu Dhabi Emirate, including iconic developments like Al Raha Beach, Al Raha Gardens, and Yas Island, which houses major landmarks such as the Yas Marina Circuit and Ferrari World.

In its early years, Aldar expanded rapidly, establishing itself as a key player in the UAE real estate sector. However, in 2010, the company faced financial difficulties, resulting in its credit rating being downgraded to “junk” status. This prompted a $5.2 billion bailout from the Abu Dhabi government in 2011 to stabilise the company’s finances.

In 2012, Reuters reported on unusual stock exchange patterns surrounding a state-backed merger between Aldar and Sorouh Real Estate. The merger, which was completed in 2013, created a combined entity operating under the Aldar name, further consolidating its position in the market.

Aldar continued to expand its portfolio through acquisitions and strategic partnerships. In December 2017, it acquired the International Tower in Abu Dhabi. In 2018, Aldar entered into a partnership with Emaar, a leading Dubai-based developer, to collaborate on several real estate projects. Additionally, in 2023, Aldar acquired the UK property developer London Square in a deal worth £230 million, marking a significant international expansion.

In 2025, Aldar’s financial performance showed significant growth. The company reported a 24% increase in first-half profit, with international buyers and expatriates accounting for 84% of UAE sales. Aldar opened the Aldhafra Resort as part of a AED 1.5 billion hospitality transformation and launched residential sales in Dubai and Ras Al Khaimah. The company also issued a 10-year green sukuk to finance sustainable projects.

Portfolio

Aldar Properties PJSC is a leading real estate developer in the UAE, with a diversified portfolio spanning across various sectors, including development, investment, education, hospitality, and property management. The company operates through two primary divisions: Aldar Development and Aldar Investment.

Aldar Development is responsible for creating integrated, liveable communities across some of Abu Dhabi’s most desirable locations, including Yas Island, Saadiyat Island, Al Raha, and Reem Island. The division manages a vast land bank of approximately 65 million square metres. It includes Aldar Projects, which oversees AED 45 billion worth of government housing and infrastructure projects, Aldar Ventures, which focuses on nurturing new business opportunities, and Aldar Egypt, which is focused on developing mixed-use communities in Egypt. Additionally, Aldar has expanded internationally through acquisitions, such as owning SODIC in Egypt and London Square in the UK, broadening its global development footprint.

Aldar Investment is responsible for the company’s core asset management business, which holds a portfolio valued at AED 47 billion. The investment portfolio includes retail, residential, commercial, and logistics assets, with key developments such as Yas Mall, Al Jimi Mall, and Al Hamra Mall. The division also manages Aldar’s hospitality assets, which include over 3,900 hotel keys and leisure assets in locations such as Yas Island and Ras Al Khaimah. Aldar Education manages a network of schools across the UAE, catering to approximately 37,000 students, while Aldar Estates provides integrated property management services.

The residential portfolio includes a range of developments such as Yas Acres, Mayan, and Water’s Edge, catering to different buyer segments, from first-time homeowners to luxury investors. Additionally, Aldar has developed family-oriented communities like Noya and Noya Viva on Yas Island. The company’s hospitality division boasts high-end properties such as the Waldorf Astoria Residences on Yas Island, The Beach House, and Fahid Beach Residences.

Aldar Properties is also heavily involved in retail and commercial developments, with major assets like Yas Mall, the largest shopping mall in Abu Dhabi, and other retail centres like Al Jimi Mall and Al Hamra Mall. These assets contribute significantly to Aldar’s recurring income and its broader urban development goals.

Leadership Team

H.E. Mohamed Khalifa Al Mubarak | Chairman
H.E. Waleed Ahmed Almokarrab Al Muhairi | Vice Chairman
Talal Al Dhiyebi | Group Chief Executive Officer
Faisal Falaknaz | Group Chief Financial and Sustainability Officer
Jassem Saleh Busaibe | Chief Executive Officer, Aldar Investment
Bayan Al Hosani | Chief People and Communications Officer
Emma O’Brien | General Counsel
Jonathan Emery | Chief Executive Officer, Aldar Development

References

Aldar – Explore Our Real Estate Properties in Abu Dhabi | Aldar Properties
Aldar Properties | Wikipedia
AlDar Properties | LinkedIn
ALDAR Stock Price and Chart | Trading View
Aldar Properties Share Price Today | ADX: ALDAR Stock | Investing India
Aldar Properties Locations – Headquarters & Offices | Global Data
Aldar Properties PJSC – Abu Dhabi | Tanami Properties
Aldar Properties PJSC Aldar – Abu Dhabi | Mubadala Investment Company
Aldar Properties 2025 Company Profile | PitchBook
Property for sale by Aldar Properties in Abu Dhabi, UAE | Off-Plan Properties in Abu Dhabi
Aldar Properties Pjsc | Reuters
Aldar Properties | Dubai Holding
Aldar Projects in Dubai for sale | Fam Properties
Aldar Properties PJSC Stock Price Quote – Abu Dhabi | Bloomberg

Al Raha Beach, PO Box 51133, Abu Dhabi, United Arab Emirates

Website https://www.aldar.com/en

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