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10 Facts About Abu Dhabi's Leading Developer
Aldar Properties is a state construction, management, and investment company, founded in 2005.
1. The developer has two core businesses: Aldar Development and Aldar Investment. Aldar also constructs schools, hotels, entertainment spaces, etc.
2. The company's portfolio includes 100+ projects in three countries.
3. The owner of the corporation is Mohamed Khalifa Al Mubarak. He is also the Chairman of the Department of Culture and Tourism Abu Dhabi.
4. The headquarters is located in Abu Dhabi. The glass building, shaped like a disc balancing on its edge, was recognized as the most original in the world.
5. The company's first project, Al Jimi Mall, became the UAE's only retail space to win an award from the International Council of Shopping Centers.
6. In 2007, Aldar entered the international market. In 2018, it signed the partnership agreement with Emaar Properties.
7. The developer is known for self-sufficient and high-tech projects. For instance, its first project in Dubai, wellness community, Haven by Aldar, includes enhanced air quality, noise monitoring, and EV charging facilities.
8. Yas Island is the iconic Aldar project and one of the world's main tourist destinations. The artificial island features Yas Marina race track, Ferrari World, 5* hotels, etc.
9. Aldar has numerous awards, including those for achievements in health and safety in construction.
10. Sustainability and innovation are the developer's core values. The project, Athlon by Aldar, got the UAE's first LEED Platinum Certificate.
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