Aldar Properties PJSC Overview
Pro stress-test →Aldar, the largest property developer in Abu Dhabi, saw revenues rise by nearly half last year, with group sales hitting a record high of AED41 billion ($11.2 billion), up 21 percent year on year. The company is engaged in development, sales, investment, construction, leasing and management of real estate, with operating segments including property development and sales, project management services, investment properties, hospitality and leisure, and education.
Strategic Profile
Pro stress-test →Aldar has expanded strategic partnerships, including a joint venture with Dubai Holding to develop 14,000 homes in Dubai and collaboration with Mubadala Investment Company on Abu Dhabi retail assets. The company is capitalizing on foreign buyer demand, with sales to overseas and expat residents worth AED27 billion in the UAE. International Holding Company owns 33.61 percent of Aldar.
Competitive Landscape
Pro stress-test →Emaar Properties is identified as a key competitor in the regional real estate market. Aldar competes in the premium UAE and broader GCC real estate development sector. The company's scale, sovereign backing, and strategic partnerships position it as the market leader in Abu Dhabi with expanding presence in Dubai and beyond.
Industry Context
Aldar Properties PJSC operates in Real Estate Development & Investment.
Key facts
Founded: 2004 · Headquarters: Abu Dhabi, UAE · Revenue: $8.18B · Market cap: $22.1B