Abu Dhabi: Aldar has announced a series of major develop-to-hold projects in Abu Dhabi across the residential, commercial, and logistics sectors, with a combined gross development value of AED 3.8 billion ($1.03 billion).
These developments highlight Aldar’s commitment to consolidating its market leadership, expanding sector diversification, and strengthening its recurring income portfolio. Together, they raise the company’s develop-to-hold pipeline to AED 17.6 billion ($4.75 billion).
Jassem Salah Busaibe, Chief Executive Officer of Aldar Investment, stated that, “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.”
Under the residential segment, Aldar will develop a new community in Alreeman, Al Shamkha, offering nearly 2,000 studios and 1-, 2-, and 3-bedroom units for rent. The development will feature community retail, leisure amenities, and open green spaces.
Located close to Zayed International Airport and major highways connecting Abu Dhabi and Dubai, it also provides easy access to lifestyle destinations such as Yas Island and Saadiyat Island.
On Yas Island, Aldar will deliver 665 rental units, including a gated community with 217 townhouses and villas catering to professionals and families seeking proximity to world-class schools, entertainment, and workplaces. In addition, 448 new apartments will be added as an extension to Yas Residential Village to accommodate staff working on the island.
For commercial assets, Aldar is developing Yas Business Park, a prime office project adjacent to Yas Mall and Aldar Square. It will include four towers with 47,500 square meters of leasable space, modern amenities, and flexible floorplates. Expected to be completed by H2 2027, the project aligns with Aldar’s strategy to deliver advanced commercial properties in key business districts.
In logistics, Aldar will expand on an adjacent site to the high-performing Abu Dhabi Business Hub (ADBH), which achieved occupancy above 93 percent after its 2024 expansion. The new phase will add 175,000 square meters of gross floor area, targeting tenants in third-party logistics, e-commerce, and distribution sectors.
Aldar’s portfolio also includes Abu Dhabi’s first Tesla Experience Centre, a 5,000-square-metre build-to-suit facility featuring a showroom, service center, and delivery operations.
Upon completion, all new assets will be integrated into Aldar Investment’s AED 47 billion ($12.69 billion) income-generating portfolio. With a proven record in asset management and leasing, Aldar Investment expects these projects to deliver robust leasing income upon becoming operational.
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