Aldar has commenced hand-overs at The Bridges on Reem Island and Yas Acres on Yas Island and proceeds with the transfer of the properties in communities Mamsha and Jawaher completed on Saadiyat Island to the owners.
Construction works are carried on at Reflection, 374-unit residential project on Reem Island;
Water's Edge, comprising 13 buildings of middle height on Yas Island, communities Al Reeman 1 and 2 at Al Shamkha and at Alghadeer as well.Fast facts
- Aldar is the biggest real estate firm in the Emirates listed in Abu Dhabi Securities Exchange.
- The 1st project delivered by Aldar was the construction of Jimi Shopping Center at Al Ain, that won a prestigious international ICSC award (International Council of Shopping Centers). For that moment Aldar became the 1-st company in the region so highly recognized for such a type of real estate property being built.
- One of the most extraordinary buildings in the world was erected under the supervision of Aldar – a sphere of glass and metal 110. m high, balancing on its edge. It is convex-shaped from both sides, though no any convex details were applied. The secret is in the use of triangle-form parts. That commercial purpose edifice accommodates the headquarters of the developer and other offices. The unique structure, energy saving solutions and an innovative approach were celebrated by BEX's "Best Futuristic Design" and LEED silver certificate.
- Aldar has come out with the 1st in the Middle East civil initiative, aiming to gear private funds towards social projects "social impact contracts". It will help to lessen the Government financial burden and stimulate individually-owned companies to participate in nation-wide improvement and development with the focus on positive fiscal effect and public response. Due to the agreement signed, Aldar will invest AED 2 mln and set the process in motion during 2020.