Abu Dhabi-based developer Aldar has announced plans to launch a series of develop-to-hold projects across the emirate, with a combined gross development value of AED3.8 billion.
The projects span residential, commercial and logistics sectors and bring Aldar’s develop-to-hold pipeline to AED17.6 billion.
Jassem Salah Busaibe, Chief Executive Officer of Aldar Investment said: “Our latest investments reflect the strong demand we are seeing for residential rental units, Grade A commercial space, and logistics real estate in Abu Dhabi. The develop-to-hold strategy is a core growth driver for Aldar, enabling us to significantly expand our diverse portfolio of income-generating assets across the UAE while responding to client requirements for professionally managed commercial, residential, logistics, hospitality, retail and education assets.”
New Aldar projects boost rental supply
Aldar will develop a new residential community in Alreeman, Al Shamkha, offering almost 2,000 studios and one-, two- and three-bedroom units to the rental market. Residents will have access to community retail, leisure amenities and open green spaces.
The development is located a short drive from Zayed International Airport and has direct links to major highways connecting Abu Dhabi and Dubai, as well as lifestyle destinations including Yas Island and Saadiyat Island.
On Yas Island, Aldar will deliver 665 units to the rental market, including a gated community with 217 townhouses and villas, designed to meet demand from young professionals and families. The company will also add 448 new apartments as an extension to Yas Residential Village, a community dedicated to accommodating staff working on the island.
Aldar will develop Yas Business Park on Yas Island, a four-tower office complex offering 47,500 square metres of Grade A leasable space. Strategically located near Yas Mall and Aldar’s headquarters at Aldar Square, the development is designed to provide tenants with amenity-rich workspaces, expansive and customisable floorplates, and public spaces.
Yas Business Park is expected to be completed by the second half of 2027.
Building on the success of Abu Dhabi Business Hub, which reached occupancy levels exceeding 93 per cent following its 2024 expansion, Aldar is expanding the site with an additional 175,000 square metres of logistics space.
The facilities will cater to third-party logistics, e-commerce and distribution tenants and benefit from direct access to the E30 highway.
The investment also includes the planned Abu Dhabi Tesla Experience Centre, a 5,000 square metre facility featuring a showroom, service centre and delivery operations.
Upon completion, the new developments will become part of Aldar Investment’s portfolio, which includes income-generating real estate valued at AED47 billion.
