Aldar Develops Residential Rental Units in Abu Dhabi Worth AED 3.8 Billion

(Source: Al Khaleej Newspaper)

Aldar Group has launched a series of new projects in Abu Dhabi under its “Develop-to-Hold” portfolio, encompassing residential, commercial, and logistics properties, with a total investment value of AED 3.8 billion.

This strategic move reflects Aldar’s continued commitment to reinforcing its leadership position in Abu Dhabi’s real estate market, diversifying its asset portfolio, and expanding its base of income-generating properties. With these new projects, the total value of Aldar’s Develop-to-Hold assets currently under development rises to approximately AED 17.6 billion.

Commenting on the announcement, Jassem Saleh Busaibe, CEO of Aldar Properties, stated:

“Our new investments reflect the strong demand we continue to see for high-quality residential rental units, Grade-A commercial spaces, and logistics assets in Abu Dhabi.”

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