Abu Dhabi-based Aldar Properties is set to redefine waterfront living at its Al Raha Beach development with a host of outdoor cultural, environmental and family-orientated activities including the debut ‘Cinema Under the Stars’ show.
Aldar Properties, a leading property company, said it has successfully leased 90 per cent of the residential units in the Burj Mohammed Bin Rashid, the tallest tower in Abu Dhabi, UAE, since its launch last November.
Named after t
Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, today appointed Talal Al Dhiyebi as its chief development officer.
Al Dhiyebi, currently the executive director of asset man
Abu Dhabi's Aldar Properties will further slash its debt this year as it nets higher-margin recurring revenue from a newly opened mega mall, a senior executive said on Thursday after it reported a 61 per cent jump in quarterly profit.
Abu Dhabi's Aldar Properties has registered a 77 per cent jump in its fourth-quarter net profit for 2014 which rose to Dh718 million ($195.4 million) compared to Dh406 million ($110 million) the previous year.
The state-run builder
Yas Mall, the flagship retail development of Aldar in Abu Dhabi, hopes to attract over 20 million visitors in its first full year of operations, said a top official.
“It is with immense pride that we see Yas Mall operating s
Abu Dhabi's Aldar Properties will cut its debts by more than a third over the next two years, its chief financial officer said on Monday, extending a trend that has already led to credit agencies upgrading their ratings on the company.
Moody's Investors Service has upgraded the ratings of Aldar Properties, an Abu Dhabi real estate company, from Ba1 to Baa3.
Concurrently, the ratings agency upgraded the rating of the $750 million Trust Certificates due in 201
Aldar Properties, a leading property development company in Abu Dhabi, UAE, has announced the successful leasing of almost 3,000 units at its major new residential developments - Al Rayanna, Gate Towers and The Arc.
The company al
The construction work at the Yas Mall, Abu Dhabi's ultimate retail destination, has been completed and the development is now on track for launch in November, said a report.
The mall is the second biggest in the UAE, and the l