Overview 

Aldar Properties PJSC is one of the largest and most established real estate developers in the UAE, headquartered in Abu Dhabi, United Arab Emirates. The company was founded in 2004 and has grown into a regional powerhouse in master-planned communities, residential developments, hospitality, commercial assets, and retail destinations.

Aldar is publicly listed on the Abu Dhabi Securities Exchange (ADX) and is backed by strategic institutional shareholders, making it one of the most financially stable developers in the region.

Key Facts & Numbers 

• Founded: 2004 (Incorporated and operating since then)
  Headquarters: Abu Dhabi, UAE
  Residential Units Delivered: > 53,000+ units (homes, apartments & villas)
  Hospitality Rooms & Suites Delivered: 2,750+
  Office Space Developed: ~10.7 million sq.ft.
  Retail Space Developed: ~6.4 million sq.ft.
  Land Bank: ~65 million sqm of development land (Abu Dhabi and beyond)
  Revenue Backlog (2025): ~AED 66.5 billion+
  Net Profit (H1 2025): ~AED 4.1 billion with strong growth indicators

First Residential Community – Al Marjan Island

Aldar Properties has entered the Ras Al Khaimah market with its first major residential development located on Al Marjan Island, marking its expansion beyond Abu Dhabi.

Key Project Details

• Location: Al Marjan Island, Ras Al Khaimah — a premier beachfront destination with strong tourism and lifestyle growth.

• Plot Size: Over 40,000 square meters of beachfront land acquired from master developer Marjan.

• Project Type: Mixed-use residential community with retail and lifestyle facilities.

• Residential Units: Designed to include 2,000+ branded and premium residences.

• Beach Access: Includes approximately 2 kilometres of private beachfront and lifestyle amenities such as beach club access.

• First Residential Launch: The first phase of this project is known as Nikki Beach Residences — part of the beachfront community concept with branded residences and resort-style living.
  
  

Sales Performance (Phase 1)

• Phase One Sales: Aldar sold out 420 units within 48 hours of launch for the Nikki Beach Residences in RAK.

• Sales Value: These 420 units generated more than AED 1 billion in total sales within the first 48 hours.

• Buyer Mix:

  • 87% were overseas and expatriate buyers — showing strong international demand.

  • First-time Aldar buyers made up 86% of the sales.

Other Strategic Investments by Aldar in RAK

Before its first residential project, Aldar also strengthened its presence in Ras Al Khaimah through these important acquisitions:

Al Hamra Mall

• Acquisition: Aldar purchased Al Hamra Mall as part of its retail and investment portfolio expansion in RAK.

• Impact: This marks Aldar’s first major commercial real estate investment outside Abu Dhabi, showing long-term commitment to RAK’s real estate ecosystem.

🏨 DoubleTree by Hilton Resort & Spa — Marjan Island

• Acquisition Value: ~AED 810 million for DoubleTree and adjacent land.

• Strategic Purpose: This beachfront asset sets the foundation for Aldar’s mixed-use residential and lifestyle community on Al Marjan Island.

Rixos Bab Al Bahr Hotel

• Part of expansion strategy: Acquired prior to the residential development.

Total RAK Investment Growth

• Total investment exposure in Ras Al Khaimah’s hospitality & retail sector: ~AED 1.5 billion (including hotels and mall acquisitions).
  
  

Why Aldar Is a Significant Entry for RAK Real Estate

✔ First major UAE developer to introduce a large-scale branded residential community in RAK (Nikki Beach Residences).
✔ Strong early sales performance — 420 units sold in 48 hours with AED 1B+ sales value.
✔ International buyer demand — 87% of early buyers are expats/overseas investors.
✔ Complementary investment assets — retail (Al Hamra Mall) and hotel (DoubleTree, Rixos) holdings supporting project ecosystem.
✔ Private beachfront community with wellness and lifestyle focus, aligned with RAK’s broader tourism push.

Market Position & Strength

Aldar Properties is widely recognized as Abu Dhabi’s leading real estate developer and one of the top developers in the UAE. It has a diversified portfolio covering residential, commercial, retail, hospitality, and community assets, and operates through two main arms:

• Aldar Development: Master planning and building integrated communities

• Aldar Investment: Asset management of income-producing properties, including retail and hospitality portfolios
  
  

Why Buyers & Investors Choose Aldar

✔ Extensive delivery track record with 50,000+ homes completed
✔ Large diversified portfolio (residential, retail, offices, hospitality)
✔ Strong revenue and profit growth (record results in H1 2025)
✔ High-profile master communities that attract global interest
✔ Publicly listed and financially transparent with recurring investor reporting
✔ Sustainability initiatives and green finance leadership

Investor & Market Recognition

Aldar is routinely highlighted for:

• Being a leader in sustainable finance, including green sukuk initiatives

• Delivering consistent financial performance with strong market demand

• A growing development and asset base that positions it beyond a traditional developer role