Zawya - Press Releases: Aldar expands its land portfolio in Abu Dhabi with a development value of AED 23 billion
- The new land plots extend across coastal locations, islands and inland areas within the most prominent growth axes in the Emirate of Abu Dhabi, supporting the development of luxury residential projects and integrated communities geared towards families.
- This addition reflects growing confidence in the foundations of sustainable demand in Abu Dhabi’s real estate market, and underscores the disciplined approach Aldar is taking to achieving growth.
Abu Dhabi, United Arab Emirates: Aldar Group announced the addition of a number of strategic land plots in the Emirate of Abu Dhabi, with a total development value estimated at approximately AED 23 billion, in a move that strengthens its strategic land portfolio and provides a base to support sustainable and long-term growth across the capital’s most attractive development hubs.
These sites, spanning a total area exceeding 2.3 million square meters, are expected to contribute to the development of approximately 3,000 new residential units on land located on Saadiyat Island, Yas Island, and surrounding areas. Collectively, these sites offer significant flexibility in developing a diverse range of residential products, supporting long-term population growth and strengthening the foundations for sustainable housing demand in the Emirate of Abu Dhabi.
Land plots on Saadiyat Island are ideally suited for developing luxury residential units, including spacious villas and elegant mansions, benefiting from their strategic location and proximity to the emirate's leading cultural, entertainment, and world-class beaches. Meanwhile, land plots on Yas Island offer opportunities for developing large-scale, master-planned residential communities focused on family-oriented lifestyles, supported by existing and advanced infrastructure that includes retail, entertainment, and integrated lifestyle facilities.
On this occasion, Talal Al Dhiyabi, CEO of Aldar Group, said: “The expansion of our land portfolio in Abu Dhabi reflects our firm belief in the long-term strength of the market’s fundamentals and the depth of opportunities available across the capital’s various growth axes. By building on our existing destinations and expanding into new growth areas, these locations enable us to develop a diverse range of high-quality residential communities, in line with the foundations of sustainable demand. We are confident that this portfolio will contribute to delivering attractive and long-term returns for our shareholders, while supporting Abu Dhabi’s continued journey as a leading international hub for business and lifestyle.”
The projects will be launched and brought to market in a phased and well-considered approach that aligns with demand levels, with the first launches commencing in 2026. This phased and disciplined approach aims to support flexible and stable absorption rates, enhance clarity regarding revenue and profit growth paths in the medium and long term, and ensure the highest degree of flexibility in dealing with various market cycles.
These additions are part of Aldar Group’s comprehensive growth strategy, which focuses on building a high-quality land portfolio in key markets. With record levels of development projects underway and continued international interest in Abu Dhabi’s real estate market, Aldar remains focused on enhancing and activating its land portfolio by developing integrated, high-quality communities that support the emirate’s long-term vision and its economic and developmental trajectory.
These lands will be activated through a joint venture structure with an established partner, enhancing the efficiency of capital deployment, with Aldar Group retaining full responsibility for overseeing all phases of the development cycle, including planning, execution, sales and delivery of new projects.
Media communication:
Obaid Al-Yamahi Dar Group 5555 810 2 971+ oalyammahi@aldar.com | Sarah Abdelbary Brunswick +971 56 174 8649 ALDAR@brunswickgroup.com |
About the House
Aldar is a leading real estate developer, manager, and investor in Abu Dhabi, with a growing presence across the UAE, the Middle East, North Africa, and Europe. The company operates through two main business units: Aldar Development and Aldar Investment.
Aldar Development develops integrated and thriving communities in some of Abu Dhabi, Dubai, and Ras Al Khaimah’s most desirable destinations, leveraging its vast land portfolio of strategically located properties totaling 62 million square meters. Aldar Projects manages the handover of Aldar’s projects and is a key partner of the Abu Dhabi government in delivering residential and infrastructure projects across the emirate. Internationally, Aldar Development wholly owns the British real estate developer London Square and holds a majority stake in Sixth of October Development and Investment Company (SODIC), a leading real estate developer in Egypt.
Aldar Investments comprises the asset management arm of the Aldar Group, which includes a portfolio exceeding AED 47 billion of income-generating investment properties across the retail, residential and commercial communities, logistics, and hospitality sectors. Aldar Investments manages four core platforms: Aldar Investment Real Estate, Aldar Hospitality, Aldar Education, and Aldar Properties.
For more information about Aldar, please visit our website www.aldar.com
-I finish-
#Company Data
Disclaimer regarding the content of press releases
The content of this press release is provided by a third-party provider. We do not assume any responsibility for, nor do we have any control over, such content. This content is provided on an "as is" and "as available" basis and is not edited in any way. Neither we, nor our affiliates, will be liable for the accuracy, endorsement, or completeness of any opinions, views, information, or materials contained in this content.
This press release is provided for informational purposes only; the content does not constitute legal, investment, or tax advice, nor does it offer any opinion on the suitability, value, or profitability of any particular portfolio or investment strategy. Neither we nor our affiliates will be liable for any errors or inaccuracies in the content, or for any actions you take based on that content. You expressly agree and acknowledge full responsibility for your use of the information contained in this press release.
To the extent permitted by applicable law, Refinitiv, its parent company, subsidiaries, affiliates, relevant shareholders, directors, officers, employees, agents, advertisers, content providers, and licensors (collectively, the 'Refinitiv Parties') shall not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive, or exemplary damages; This includes, but is not limited to, losses of profits, savings, or revenues, whether due to negligence, tort, contract, or other theories of liability, even if the parties to Refinitiv were advised of the possibility of any such damages or losses occurring or actually anticipated them.
