Aldar Properties


Aldar Properties PJSC is a real estate development, management and investment company with headquarters in Abu Dhabi, United Arab Emirates. The company's shares are traded on the Abu Dhabi Securities Exchange. Principal shareholders are mostly state-owned Mubadala Development Company, Abu Dhabi Investment Authority, Abu Dhabi National Hotels, National Corporation for Tourism & Hotels, and the privately owned National Investor.
Aldar develops and manages major projects within the Abu Dhabi Emirate such as Al Raha Beach, Al Raha Gardens and Yas Island, which includes the Yas Marina Circuit, Ferrari World and Yas Hotel Abu Dhabi. Aldar introduced their new project “Lea” located in the north side of the Yas Island having beautiful collection of Residential Land. Lea at Yas Island offers waterfront living alongside parks, promenade and waterside walkways in addition simple access to all of Yas Acres amenities. The property portfolio further includes the company's headquarters, Gate and Arc Towers in Al Reem Island, Coconut Island, the Abu Dhabi Central Market, Al Jimi Shopping Centre, Noor Al Ain, Al Gurm Resort, and Al Mamoura – the Mubadala Development Company and Environment Agency Abu Dhabi Headquarters Building.

History

Aldar was founded on 12 January 2004. The shares were listed in 2005.
In 2013 the company merged with Sorouh Real Estate. The combined entity continues to operate under the Aldar name.
In December 2017, Aldar acquired the International Tower in Abu Dhabi.
In March 2018, Aldar announced a ″strategic partnership″ with Emaar, a leading developer from Dubai.