Aldar Properties PJSC is a prominent real estate developer and manager based in Abu Dhabi, United Arab Emirates. Established in 2004, Aldar has played a significant role in shaping the urban landscape of Abu Dhabi through its diverse portfolio of residential, commercial, retail, leisure, educational, and healthcare projects.  

Key Developments:

• Yas Island: Aldar has been instrumental in transforming Yas Island into a premier entertainment and leisure destination. Notable attractions include the Yas Marina Circuit, home to the Formula 1 Abu Dhabi Grand Prix, and Ferrari World, the world’s first Ferrari-branded theme park.  

• Al Raha Beach: This waterfront development offers a mix of residential, commercial, and leisure spaces, providing a vibrant community environment.

• Saadiyat Island: Aldar has developed luxury residential communities on Saadiyat Island, contributing to its status as a cultural hub housing institutions like the Louvre Abu Dhabi.

• Reem Island: The company has delivered iconic structures such as the Gate and Arc Towers on Al Reem Island, enhancing Abu Dhabi’s skyline.  

Business Structure:

Aldar operates through two main divisions: 

• Aldar Development: Focuses on creating integrated, sustainable communities across Abu Dhabi’s prime locations, including Yas Island, Saadiyat Island, Al Raha, and Reem Island. This division manages approximately 65 million square meters of land and oversees government housing and infrastructure projects valued at AED 45 billion.  

• Aldar Investment: Holds a portfolio worth AED 22 billion, comprising income-generating assets across retail, residential, and commercial sectors. It also encompasses Aldar Education, operating 20 schools with over 27,000 students; Aldar Estates, integrating property management services; and Aldar Hospitality and Leisure, managing a collection of hotels and leisure facilities.  

Recent Initiatives:

In 2023, Aldar expanded its international footprint by acquiring UK-based property developer London Square for approximately £230 million (AED 1.07 billion), marking a significant move into the UK property market.  

Through its strategic developments and investments, Aldar Properties continues to contribute to Abu Dhabi’s growth as a dynamic and sustainable urban center, offering quality living, working, and recreational environments.