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Aldar Properties is a leading real estate developer in Abu Dhabi and one founded in 2004 by Christopher Sims, the first CEO of the company, and listed to Abu Dhabi market in 2005. In 2013 the company united with Sorouh Real Estate, one of the largest real estate developers in UAE, and in 2018 it was announced about “strategic partnership”, between Aldar and Emaar, leading real estate developer in Dubai.
Now it’s one of the most well-known developers, management and investment companies in the United Arab Emirates. The chairman of Aldar Properties is Mohamed Khalifa Al Mubarak, and Chief Executive Officer is Talal Al Dhiyebi. Key shareholders are 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’s shares are traded on the Abu Dhabi Securities Exchange.
The company established to provide Abu Dhabi’s development by creating new high-quality communities fitted for residential and commercial facilities and operates through six business segments: Property Development and Sales, Investment Properties Portfolio, Operative Village, Hotels, Schools and Leisure.
From its beginnings i to now days, Aldar continues to create and enhance the shape of Abu Dhabi with completed projects and with the new ones. Should be noted that most of them reach international interest.
Aldar’s property portfolio includes major developments and re-developments projects, including Yas Island, Al Raha Beach, World Trade Center Abu Dhabi, Al Falah, and Noor Al Ain. Every residential project is a unique piece and thought out to the smallest details in order to create a comfortable living in smart-designed houses with an amazing sea view, private territory that are conveniently connected with public areas for walking, sporting on fresh air or a barbecue and with advanced infrastructure.
And all the commercial projects are beneficial investments in any case taking into account the level of development of the region and increasing flow of visitors and staying ahead of competition.
Today Aldar Properties owns a major land bank in a main locations in Abu Dhabi.
Aldar’s projects aimed to find a balance between the physical, social and economic needs of those who live and work in the region.
Yas Island is an island located east of Abu Dhabi, United Arab Emirates. The island’s development began in 2006 by Abu Dhabi-based Aldar Properties with the aim of creating an integrated community for leisure, shopping and entertainment. It occupies a total land area of 25 000 square kilometers, where everyone can easily find everything they need. Yas Island has become so recognizable to millions around the world because of such famous marks like
Yas Marina Circuit, Ferrari World. It has already achieved 28 million visits in 2018 and is expected to reach more than 48 million by 2022. Due to this fact it becomes more economical attractive for investors and increases real-estate development. For now, Yas Island estimated to be completed for 55 %. It means that many great projects are still ongoing and expected to be launched in 2020 and 2021.
The project includes commercial and residential property. Names like Ferrari World, Yas Waterworld and Golf Courses are world famous attractions. One of the well-known residential projects on Yas Island is Ansa, residence, surrounding gardens and amenities by interlocking access roads and pathways.Ansam contains low rise, medium density apartments with excellent community facilities and local retail outlets.
Project was launched in 2019 and still there are some available apartments and commercial plots. Location, environment and community facilities made the project attractive for buy and invest.