Company Insights Aldar Properties Construction Aldar Properties News EXCLUSIVE Renewable Energy Yellow Door targets South Africa and Saudi Arabia Yellow Door Energy, the Dubai solar electricity provider that has raised nearly $500 million in funding from investors, is targeting South Africa and Saudi Arabia as key growth markets. The company builds bespoke solar power plants for corporate clients, usually at their premises. These include factories, offices, shopping malls and warehouses. Yellow Door also finances, […] December 20, 2023 Exclusive Construction Aldar ‘confident’ of doubling market cap within five years Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said. Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […] December 18, 2023 Real Estate Aldar joins Mubadala and Ares to invest in Europe real estate Abu Dhabi-listed Aldar Properties has partnered with Mubadala Investment Company (Mubadala) and Ares Management Corporation (Ares) to invest $1 billion through a private credit fund in the UK and Europe’s real estate market. Mubadala will hold a 50 percent stake in the new platform, while Aldar will own 30 percent. Ares will hold the remaining […] December 14, 2023 Construction UAE’s Aldar buys British developer for $291m Abu Dhabi-listed Aldar Properties has acquired London-based developer London Square in a deal worth AED1.07 billion ($291.4 million). The transaction marks Aldar’s first acquisition outside the Mena region. The Abu Dhabi developer plans to leverage its expertise and balance sheet to support London Square’s land acquisition strategy to develop larger prime central London sites. Additionally, […] December 1, 2023 Analysis Real Estate Dubai real estate faces price drop of up to 10%, says S&P Dubai’s real estate market is poised for a 5 to 10 percent slump in prices in the next 12 to 18 months, an analyst said on Wednesday. The shift in the market – an important driver of the emirate’s economy – will be driven by imbalances in supply and demand, according to Tatjana Lescova, associate […] November 15, 2023 Construction Aldar nets $844m in sales from Dubai project sell-out Aldar Properties sold 786 villas and townhouses at its first residential development in Dubai, generating over AED3.1 billion ($844 million) in sales in one day. The developer launched 468 units in the first phase of Haven and another 318 units due to high demand, the Abu Dhabi-headquartered developer said in a statement. Overseas and expatriate […] November 2, 2023 Real Estate Aldar plans European moves after unveiling record sales Aldar Properties is planning to expand into Europe after posting record sales for the year so far, its chairman said on Monday. Sales at the Abu Dhabi-based real estate developer reached nearly AED8 billion ($2.2 billion) in the third quarter, driving a 48 percent increase in net profit. For the year to September 30, sales […] October 30, 2023 Construction Aldar to break ground on first Dubai project next year Aldar Properties, Abu Dhabi’s largest developer, has launched its first Dubai residential project, Haven, with construction of the first phase starting in the second quarter of 2024. The project will be developed with its joint venture partner Dubai Holding on the land opposite Al Habtoor Polo Resort in Dubailand. Aldar’s Haven will be built in […] October 27, 2023 Construction Aldar says occupancy in its prime office space at 97% Aldar Properties, the largest developer in Abu Dhabi, said occupancy levels in prime grade A commercial properties have reached 97 percent on rising demand and limited supply. The properties include four buildings at Abu Dhabi Global Market (ADGM), Aldar HQ, and International Tower in the Capital Gate district. Occupancy rates at the towers at ADGM, […] October 24, 2023 People & Lifestyle Climate anxiety rises among Mena youth More than two-thirds of 18-to-24-year-olds in the Middle East and North Africa (Mena) say they are “very concerned” about the potential impacts of climate change. More than half are ready to boycott brands that damage the environment, a survey shows. Previously unreleased findings from the 15th annual Asda’a BCW Arab Youth Survey, published earlier this […] September 28, 2023 Posts navigation Previous 1 … 4 5 6 … 9 Next
EXCLUSIVE Renewable Energy Yellow Door targets South Africa and Saudi Arabia Yellow Door Energy, the Dubai solar electricity provider that has raised nearly $500 million in funding from investors, is targeting South Africa and Saudi Arabia as key growth markets. The company builds bespoke solar power plants for corporate clients, usually at their premises. These include factories, offices, shopping malls and warehouses. Yellow Door also finances, […] December 20, 2023
Exclusive Construction Aldar ‘confident’ of doubling market cap within five years Abu Dhabi developer Aldar Properties is ramping up an international expansion drive that, alongside plans to grow its UAE portfolio, will help to double its market cap, its group chief executive said. Aldar’s market cap is currently $12 billion, and group CEO Tilal Al Dhiyebi foresees “doubling that in five years,” he told AGBI in […] December 18, 2023
Real Estate Aldar joins Mubadala and Ares to invest in Europe real estate Abu Dhabi-listed Aldar Properties has partnered with Mubadala Investment Company (Mubadala) and Ares Management Corporation (Ares) to invest $1 billion through a private credit fund in the UK and Europe’s real estate market. Mubadala will hold a 50 percent stake in the new platform, while Aldar will own 30 percent. Ares will hold the remaining […] December 14, 2023
Construction UAE’s Aldar buys British developer for $291m Abu Dhabi-listed Aldar Properties has acquired London-based developer London Square in a deal worth AED1.07 billion ($291.4 million). The transaction marks Aldar’s first acquisition outside the Mena region. The Abu Dhabi developer plans to leverage its expertise and balance sheet to support London Square’s land acquisition strategy to develop larger prime central London sites. Additionally, […] December 1, 2023
Analysis Real Estate Dubai real estate faces price drop of up to 10%, says S&P Dubai’s real estate market is poised for a 5 to 10 percent slump in prices in the next 12 to 18 months, an analyst said on Wednesday. The shift in the market – an important driver of the emirate’s economy – will be driven by imbalances in supply and demand, according to Tatjana Lescova, associate […] November 15, 2023
Construction Aldar nets $844m in sales from Dubai project sell-out Aldar Properties sold 786 villas and townhouses at its first residential development in Dubai, generating over AED3.1 billion ($844 million) in sales in one day. The developer launched 468 units in the first phase of Haven and another 318 units due to high demand, the Abu Dhabi-headquartered developer said in a statement. Overseas and expatriate […] November 2, 2023
Real Estate Aldar plans European moves after unveiling record sales Aldar Properties is planning to expand into Europe after posting record sales for the year so far, its chairman said on Monday. Sales at the Abu Dhabi-based real estate developer reached nearly AED8 billion ($2.2 billion) in the third quarter, driving a 48 percent increase in net profit. For the year to September 30, sales […] October 30, 2023
Construction Aldar to break ground on first Dubai project next year Aldar Properties, Abu Dhabi’s largest developer, has launched its first Dubai residential project, Haven, with construction of the first phase starting in the second quarter of 2024. The project will be developed with its joint venture partner Dubai Holding on the land opposite Al Habtoor Polo Resort in Dubailand. Aldar’s Haven will be built in […] October 27, 2023
Construction Aldar says occupancy in its prime office space at 97% Aldar Properties, the largest developer in Abu Dhabi, said occupancy levels in prime grade A commercial properties have reached 97 percent on rising demand and limited supply. The properties include four buildings at Abu Dhabi Global Market (ADGM), Aldar HQ, and International Tower in the Capital Gate district. Occupancy rates at the towers at ADGM, […] October 24, 2023
People & Lifestyle Climate anxiety rises among Mena youth More than two-thirds of 18-to-24-year-olds in the Middle East and North Africa (Mena) say they are “very concerned” about the potential impacts of climate change. More than half are ready to boycott brands that damage the environment, a survey shows. Previously unreleased findings from the 15th annual Asda’a BCW Arab Youth Survey, published earlier this […] September 28, 2023
