Aldar Properties PJSC (ALDAR) is a UAE-based real estate development and investment company engaged in the development, sale, investment, construction, management, and associated services of real estate projects. Aldar has a strong portfolio of properties in the Abu Dhabi Emirate, including iconic projects such as Yas Island and Al Raha Beach.
Aldar operates in several key sectors:
- Real Estate Development: Includes residential, commercial, and mixed-use developments.
- Property Management: Managing both developed and leased properties.
- Hospitality: The company also focuses on the development, management, and operation of hotels, schools, marinas, golf courses, and theme parks.
Key Subsidiaries
- Al Raha Gardens Property LLC
- Al Jimi Mall LLC
- Addar Real Estate Services LLC
- Al Raha Infrastructure Company LLC
- Aldar Academies LLC
Notable Projects
Aldar is well-known for landmark developments in Abu Dhabi including:
- Yas Island, home to Ferrari World, Yas Marina Circuit, and Yas Hotel Abu Dhabi.
- Al Raha Beach and Al Raha Gardens.
- The Abu Dhabi Central Market (Souq) and Al Mamoura.
In addition, Aldar owns Al Fahid Island, which is being transformed into a world-class destination.
Mergers and Acquisitions
In 2013, Aldar merged with Sorouh Real Estate, creating one of the largest real estate entities in the UAE.
In 2023, Aldar acquired London Square, a UK property developer, for £230 million (AED 1.07 billion), further expanding its global footprint.
Capital Information
Aldar was initially founded in 2004 and listed on the Abu Dhabi Securities Exchange in 2005. The company’s largest shareholder is Alpha Dhabi, the UAE sovereign wealth fund.
Country of Incorporation
United Arab Emirates (UAE)
Incorporation Date
February 23, 2005
Business Sector
Real Estate
Company Address
Aldar Square, Yas Island, P.O. Box: 51133, Abu Dhabi, UAE
