Aldar Properties
Founded Year
2004Stage
Corporate Minority - P2P - II | IPOTotal Raised
$1.035BAbout Aldar Properties
Aldar Properties is a real estate development, management, and investment company. It provides its services to education, commercial, education, retail and more industries. The company was founded in 2004 and is based in Abu Dhabi, United Arab Emirates.
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Latest Aldar Properties News
Mar 15, 2023
630 homes from Dh365,000 to be released in Alshamka neighborhood Published: March 15, 2023 14:46 Aldar's new launch is part of its new 'urban collection', with more areas in Abu Dhabi to be covered in stages. Image Credit: Supplied Dubai: Aldar Properties is releasing a new set of homes at the ‘Alreeman’ project in the Alshamkha neighborhood of Abu Dhabi. This follows the sold-out status achieved by an earlier launch, of ‘Manarat Living’ on Saadiyat Island. Open to all nationalities, 630 of the new project’s 1,050 units will be available during the first phase of sales. Spread across five low-rise buildings, sales for the units start March 18 with prices from Dh365,000. “It is increasingly clear there is high demand for urban living spaces throughout the emirate,” said Rashed Al Omaira, Chief Commercial Officer at Aldar Development. “We are proud to bring the second project within our new urban collection to the market. “We look forward to expanding this design-led collection in other hotspots across Abu Dhabi over the coming months.” The location in an investment area makes an ‘attractive proposition for expatriate and international buyers’. Construction of Reeman Living is to begin this quarter, with handovers expected from Q3-2026
Aldar Properties Frequently Asked Questions (FAQ)
When was Aldar Properties founded?
Aldar Properties was founded in 2004.
Where is Aldar Properties's headquarters?
Aldar Properties's headquarters is located at Al Raha Beach, Abu Dhabi.
What is Aldar Properties's latest funding round?
Aldar Properties's latest funding round is Corporate Minority - P2P - II.
How much did Aldar Properties raise?
Aldar Properties raised a total of $1.035B.
Who are the investors of Aldar Properties?
Investors of Aldar Properties include Alpha Dhabi, Apollo Global Management and HSBC Bank Middle East.
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