Aldar Properties
Overview
Aldar Properties (PJSC) is the leading real estate developer, manager, and owner in Abu Dhabi. The company operates with a diversified and sustainable operating model centered around two core businesses: Aldar Development and Aldar Investment. Aldar Development is a 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. It is responsible for developing Aldar’s c. 65 million sqm land bank and includes three businesses: Aldar Projects, which manages Aldar's fee-based development management business, including AED 45 billion of government housing and infrastructure projects; Aldar Ventures, which incubates and nurtures new business opportunities and innovation areas; and Aldar Egypt, the platform focused on developing mixed-use communities in Egypt. In 2021, the Company expanded its footprint outside the UAE into the Egyptian market.
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Quick Facts
| Company Name | Aldar Properties |
|---|---|
| Industry | Real Estate Company |
| HQ Address | Abu Dhabi, United Arab Emirates |
| Revenue | AED 8,575 billion [2021] |
| Employee Size | Over 19,000 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | www.aldar.com |
| Subsidiaries | Aldar Education, Aldar Academies, Aldar Hotels and Hospitality LLC, Aldar Marinas LLC, Provis Real Estate Management, Yas Links LLC, Pivot Engineering & General Contracting Co. |
| Locations | UAE, and Egypt |
| Competitors | Retail Arabia, Trend Setter Realty, BTK, EIFFEL DEVELOPERS & REALTORS LTD, Palmer House Properties |
| Recognition & Awards | Aldar Properties won Digital Transformation of the Year, from the Construction Technology Awards |
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