Aldar Properties completes redevelopment of a major retail development in Ras Al Khaimah
Aldar Investment
Aldar Properties’ first-half net profit up 57% on $3.81bn sales
Demand and existing inventory drive up sales 21% YoY; Record development backlog of $10.62 billion
Real estate giant Aldar smashes all previous profit and revenue numbers
Net profit for 2023 up 40% to $1.2 billion; sales up 94% to a record $7.6 billion; Development revenue backlog doubles to $10 billion
Abu Dhabi’s Aldar reports record occupancy of 97% for Grade A commercial properties
In the first half of this year, the office sector in Abu Dhabi saw growth returning to levels in 2016
Aldar Properties net profit rises by 52% to $350mn in Q2 2023
Record development sales and recurring income portfolio delivers 21% increase in revenue to $870 million
Aldar expands education investments in Abu Dhabi, Dubai, Bahrain
Aldar Education’s student capacity is increased by nearly 6,000 seats as a result of the development
Aldar’s Yas Mall adds 30 new retailers in Q1 2022 and unveils revamped Zara, Adidas, Forever21 stores
Yas Mall is increasing its F&B and entertainment offerings by more than 50 percent, and introducing a dedicated home furnishing district with new brands