Al Dar Properties

Abu Dhabi-based Aldar Properties PJSC is one of the largest developers in the Middle East and North Africa region, with over US$ 12 billion of assets.

The company has developed some of Abu Dhabi’s most iconic and complex projects, from the Formula 1 facilities on Yas Island to the thriving new Shams Abu Dhabi community on Reem Island. Its property portfolio is diversified and balanced, with residential communities accounting for around half of assets, retail property representing a third, and the remainder split between commercial and hospitality.

With a land bank of over 77 million square metres, 90 percent of which is in special investment zones, Aldar Properties is focused on serving the growing demand in the UAE for high-quality and professionally managed property.

Aldar Properties is a strong partner of the Abu Dhabi government, which is a major shareholder. The business is aligned with the Emirate’s “Vision 2030” strategy of economic diversification and social infrastructure development.

Al Dar: Vision & Mission

VISION

Be the most trusted and recognised real estate lifestyle developer in Abu Dhabi and beyond. 

 

MISSION 

To maximise our stakeholder value by passionately creating and managing quality living spaces

Al Dar: Values

Team Spirit

We trust in each other and are passionate about delivering great results together.

 

Ambition

We continuously strive to better serve oursleves, our people, customers and stakeholders

 

Commitment

We are accountable and take responsibility for our actions and seeing the job through.

 

Diversity

We respect different opinions, people and cultures.

History

Aldar was established in 2004 and listed on the Abu Dhabi Stock Exchange (ADX) in 2005.

Aldar is the master developer behind Yas Island and developed a majority of the key developments on the island including Ferrari World and Yas Marina circuit.  Aldar's key activities include property development and management, real estate asset management and adjacent businesses. 

In ​2013 Aldar merged with ADX listed real estate developer, Sorouh Real Estate PJSC ("Sorouh").  The merger consolidated the two key real estate players in Abu Dhabi, creating a more diversified asset base and stronger balance sheet. 

During the merger Aldar developed a clear and focused strategy and has worked hard to execute and deliver on its principals.  For more information on strategy see strategy section.  ​


Projects