Aldar Investing $1bn in Yas Island and Al Shamkha Projects to Expand Abu Dhabi Portfolio

Aldar investing $1bn in Yas Island and Al Shamkha projects to expand Abu Dhabi portfolio

New residential and commercial properties to be built near airport for long-term lease

Aldar's Dh3.8b housing move to spur Abu Dhabi real estate boom

Aldar Investment has demonstrated its trust in long-term demand and consistent revenue streams by announcing a comprehensive Dh3.8 billion project to construct new residences for the rental sector in Abu Dhabi. In addition to the company’s expansion into commercial and logistical assets, which will increase its develop-to-hold pipeline to Dh17.6 billion, the capital will be used for residential developments on Yas Island and Al Shamkha, two regi…

Aldar to develop new homes for Abu Dhabi rental market through aed 3.8bln investment in recurring income portfolio

Aldar will develop new residential communities in Al Shamkha and Yas Island to meet strong rental demand in key areas of Abu Dhabi