Aldar

Since its establishment in 2004, Aldar Properties has become a prominent real estate developer in the UAE. By 2022, the company had successfully delivered over 53,000 residential units, 2,750 hospitality rooms and suites, as well as 10.7 million sqft of office spaces and 6.4 million sqft of retail spaces.

Aldar’s diverse portfolio includes Aldar Development, which focuses on creating integrated communities in popular destinations like Al Raha, Al Reem Island, Saadiyat Island, and Yas Island. It also encompasses Aldar Projects, managing fee-based development management businesses, Aldar Ventures, exploring new business opportunities, and Aldar Egypt, engaged in mixed-use projects in Egypt.

Aldar Investment oversees core asset management and subsidiaries such as Aldar Education, Estates, Hospitality, and Leisure. Aldar Education operates Aldar Academies, comprising 20 schools, 3,000 educators, and over 26,000 students. The company also manages 11 hotels including Crowne Plaza Yas Island, Radisson Blu, and Hala Arjaan by Rotana, as well as prestigious golf courses like Saadiyat Beach Golf Club and Yas Links Abu Dhabi, and prominent malls and retail communities such as Yas Mall, World Trade Center, and Saadiyat Grove. Additionally, Aldar owns beach clubs, marinas, and other leisure facilities.

Aldar has demonstrated strong financial performance, as evidenced by its Q1 2022 results, with revenue increasing by 50% compared to Q1 2021, reaching AED 1.78 billion. UAE sales in Q1 2022 surged by 39% year-on-year to AED 1.5 billion, marking the seventh consecutive quarter in which the company surpassed AED 1 billion in sales.