Real Estate from Aabar Properties

Aabar Properties is one of the leaders in the real estate sector in the UAE. The company is part of Aabar Investments PJS and was founded in Abu Dhabi in 2010. The business offers residential, commercial and hospitality properties for rent and for sale across the region. Aabar Properties is responsible for famous buildings such as the Bay Tower, Al Durrah Tower, Lamar Residence and The Kite in Abu Dhabi. It is also developing projects in Dubai and in countries such as Jordan and Morocco.

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About company

Aabar Properties LLC was established in 2010 and is under the umbrella of Aabar Investments PJS, previously owned by the International Petroleum Company that was established by the government of Abu Dhabi. The primary company specializes in construction as well as investment management within the real estate sector and prides itself on its quality, which can be seen in its developments. Later in 2016, it was acquired by Mubadala Investment due to restructuring.

Even though the company is expanding into Dubai and other parts of the world such as Morocco and Jordan, the current focus is still on Abu Dhabi. Aabar Properties is developing a number of projects to support "Abu Dhabi's Vision 2030". The headquarters of Aabar Properties is located in Abu Dhabi and the company has 30 employees, with all of them working in different areas of the property sector beforehand.

Popular property

Aabar Properties is a leader in commercial and residential developments. One of their most popular projects is Bay Tower; a 46 storey residential building with two to five bedroom apartments located on Corniche street with sea views near Marina Mall. The residential tower has a total of 136 units with allocated parking, a swimming pool, a kid's play area and other communal facilities. The building has all the necessary amenities such as schools, a nursery and hospitals nearby. Rental prices start from USD 28,500 a year.

Another equally popular apartment complex is Al Durrah Tower. The development showcases two buildings with 42 floors each and a total number of 202 one to four-bedroom apartments and penthouses and is part of Marina Square on Al Reem Island. Al Durrah Towers has marina bay views from one corner and community development views from another. The residential complex has parking and a swimming pool as well as restaurants and hotels located nearby. Prices start from USD 27,000 a year.

Lamar Residence is the first waterfront living development at Al Seef Precinct on Al Raha Beach. It consists of 440 properties in total, with one to four-bedroom apartments, two to four-bedroom townhouses and five retail outlets.

The Kite is a residential development with 29 floors and 126 apartments of two and three bedrooms. Exclusive four-bedroom units and penthouses are also available in the complex which is located on Al Reem Island.

Since its establishment, Aabar Properties have developed more than 6,000 units in Abu Dhabi. One of the company’s main focuses at the moment is on Abu Dhabi’s Vision 2030, in which the main areas of development construction works are Al Raha Beach, Al Reem Island, Rawdhat and Saraya. Residential projects such as The Wave and Al Durrah Tower were among the first to be completed in 2013 and 2014 and both projects are located on Al Reem Island.

Lamar Residences was completed in October 2017 and is also located on Al Raha Beach. Developments in Rawdhat and Saraya areas are residential buildings but not as big as previously mentioned. One of the latest and most well-known company projects is Bay Tower in Abu Dhabi city which was completed in June 2019.

It is also worth mentioning that Aabar Properties develop commercial establishments as well. The Curve is a building that houses a number of spaces for retail shops and is located in Dubai on the Sheikh Zayed Road. The company is also building commercial projects in such areas as Al Raha and Rawdhat in Abu Dhabi.

In addition to increasing their presence within the UAE, Aabar Properties is expanding outside the UAE too. For instance, there are three committed projects in Tangier, Casablanca and Rabat, all in Morocco, and a five-star hotel in Jordan. The company also aims to have projects in Europe and China as part of their portfolio. The unique feature of Aabar Properties is that they not only focus on residential and commercial complexes but they also create projects through various collaborations and partnerships.

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Why is it profitable to buy property from this developer

Aabar Properties is due to expand its portfolio into the hospitality sector in Dubai towards the launch of Expo 2020. The main areas in their development plans are Business Bay and Al Jaddaf. One of the most promising projects is a five-star hotel on 1st Khaleej Al Tejari Street in Business Bay which will have views of the Burj Khalifa and Dubai Canal. The hotel will consist of 600 rooms, suites and apartments that will all have a contemporary design. In the Al Jaddaf area there will be three hotels of different ratings along with three serviced apartment buildings with views of the Dubai Canal.

The company is not only focused on real estate but is working hard at making customer and investors profits better. There are some benefits of Aabar Properties that investors might want to take into account:

  • Even though Aabar Properties is a fairly young company in terms of being established, it has already developed a number of successful projects in Abu Dhabi and Dubai.
  • The company plans to expand worldwide and has already started to grow their presence in Jordan and Morocco.
  • Aabar Properties has numerous well-developed residential projects with an average return on investments of 7%. For instance, ROI from a property in Al Durrah Tower is a minimum of 6.1% and from Bay Tower it is 9%.

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Projects from the developer

All Projects
On request

Al Amirah Building

Aabar Properties
Al Raha Beach
Area from
499 to 3100 sq.
Number of Bedrooms
1-3
On request

Al Durrah Tower

Aabar Properties
Marina Square
Area from
1,356 to 4,176 sq. ft
Number of Bedrooms
1-4
AED 720,000

The Wave

Aabar Properties
Al Reem Island
Area from
906 sq. ft
Number of Bedrooms
1-4
AED 2,330,000

The Kite

Aabar Properties
Al Reem Island
Area from
1,572 sq. ft
Number of Bedrooms
2-4
No items found.
AED 2,330,000

The Kite

Aabar Properties
Al Reem Island
Area from
1,572 sq. ft
Number of Bedrooms
2-4
AED 720,000

The Wave

Aabar Properties
Al Reem Island
Area from
906 sq. ft
Number of Bedrooms
1-4
On request

Al Durrah Tower

Aabar Properties
Marina Square
Area from
1,356 to 4,176 sq. ft
Number of Bedrooms
1-4
On request

Al Amirah Building

Aabar Properties
Al Raha Beach
Area from
499 to 3100 sq.
Number of Bedrooms
1-3
No items found.
No items found.
No items found.
No items found.

Built in Districts

All Areas

Madinat Al Riyad

Madinat Al Riyad, also known as Zayed Military City, is a multifunctional district with an area of 8,000 hectares, located on the outskirts of Abu Dhabi. The community is close to Sheikh Mohammed Bin Rashid Al Maktoum Street, where one can get easy access to Sweihan Road (E20) and Al Ain Road. Among the areas which are situated nearby are Al Shamkhah, Al Shawamekh, Al Nahdah, Zayed Military City, Bani Yas and Al Falah.

Zayed City

Formerly known as Abu Dhabi Capital District, Zayed City (Khalifa City C) is the new project that will be built between Mohammed Bin Zayed City and Abu Dhabi International Airport. It will be a key centrepiece in the Plan 2030. Featuring a fully integrated transport system, the area will be served by high-speed rail service, regional rail connections and the metro railway. Currently, one can buy residential plots here. Once complete, the community will house about 370,000 residents who can enjoy quick access to schools, universities, healthcare centres, mosques, hotels, government agencies and a wide range of luxurious amenities

Al Khalidiyah

Al Khalidiya is a well-maintained, safe and comfortable area in Abu Dhabi. The infrastructure is well developed here, there are many medical and educational institutions, catering establishments and attractions.

Al Qurm

The prestigious area of Al Qurm is surrounded by some of the most sought-after neighbourhoods in Abu Dhabi, including Zayed Sports City, Ministries Complex and Al Zahraa, among others.

Saadiyat Island

Just seven minutes from downtown Abu Dhabi and 20 minutes from Abu Dhabi International Airport, the 27 square kilometre Saadiyat Island is undergoing a remarkable transformation into a world class leisure, residential, business and cultural hub of global proportions, housing the world's largest single concentration of premier cultural assets.

Corniche Road

Corniche Road is a coastal area located in the northwestern part of Abu Dhabi, which stretches along 5.5mi of coastline. It is the home of the famous Corniche Embankment, which is one of the most popular tourist areas in the emirate. It offers a wide range of entertainment options and outdoor activities for visitors and residents. The Corniche Road area is close to the city centre and other popular districts, such as Yas Island, Saadiyat Island, and Al Khalidiya, which offer plenty of leisure facilities and cultural centres.

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