Abu Dhabi-based real estate developer Aldar has unveiled plans to launch a series of develop-to-hold projects across the emirate, collectively valued at AED 3.8 billion in gross development terms.
The new ventures will cover the residential, commercial, and logistics sectors, expanding Aldar’s develop-to-hold portfolio to AED 17.6 billion.
Jassem Salah Busaibe, Chief Executive Officer of Aldar Investment, stated: “Our latest investments reflect the strong demand we are seeing for residential rental units, Grade A commercial space, and logistics real estate in Abu Dhabi. The develop-to-hold strategy is a core growth driver for Aldar, enabling us to significantly expand our diverse portfolio of income-generating assets across the UAE while responding to client requirements for professionally managed commercial, residential, logistics, hospitality, retail and education assets.”
New Aldar Projects Strengthen Rental Market
Aldar is set to build a residential community in Alreeman, Al Shamkha, featuring nearly 2,000 units ranging from studios to three-bedroom apartments. The development will offer residents access to community retail outlets, leisure amenities, and landscaped open spaces.
Conveniently located near Zayed International Airport, the site provides direct connectivity to key highways linking Abu Dhabi and Dubai, as well as major lifestyle hubs such as Yas Island and Saadiyat Island.
On Yas Island, Aldar will add 665 new homes to the rental market, comprising a gated community with 217 townhouses and villas, tailored to the needs of young professionals and families. Additionally, 448 apartments will be introduced as an extension to Yas Residential Village, which serves as accommodation for staff working on the island.
