Al Dar Properties

Al Dar Properties

AADX:ALDAR
7.69
AED
-0.21
(-2.66%)
Oct 27Next Earn
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Talal Shaffique Abdullah Al-Dhiyebi
Sector
Finance
Industry
Real estate development
Address
Abu Dhabi United Arab Emirates
IPO Date
Oct 30, 2004
Website
aldar.com
Business
Aldar Properties PJSC is a United Arab Emirates-based real estate development, asset management, and investment company. Founded in 2004 and headquartered in Abu Dhabi, United Arab Emirates, the company operates across the full real estate lifecycle, engaging in the master-planning, construction, sales, leasing, and management of residential, commercial, retail, hospitality, educational, and industrial assets. The company operates through two primary business divisions: Aldar Development and Aldar Investment. Aldar Development manages the master-planning and execution of integrated urban communities across key destination hubs such as Yas Island, Saadiyat Island, Al Reem Island, and Jubail Island. Its core offerings encompass master-planned urban communities; residential property development comprising luxury waterfront villas, beachfront townhouses, branded residences, premium penthouses, and mid-market apartments; commercial office buildings and build-to-suit business parks; infrastructure development; land plot sales; and comprehensive project management, property sales, and handover services. Aldar Investment oversees the company's recurring-income asset portfolio through specialized operating platforms: Aldar Investment Properties, which holds prime commercial, retail, and residential income-generating assets; Aldar Real Estate, providing integrated property management through Provis, facility management and technical maintenance through Khidmah, and community management services; Aldar Retail, operating regional shopping and leisure destinations including Yas Mall, Al Jimi Mall, and World Trade Center Abu Dhabi; Aldar Commercial, leasing prime Grade-A commercial office space, including the Aldar Headquarters and commercial towers at Abu Dhabi Global Market on Al Maryah Island; Aldar Hospitality, owning and operating luxury, lifestyle, and mid-scale hotels, resorts, golf courses, and beach clubs, including W Abu Dhabi - Yas Island, Anantara Eastern Mangroves, Yas Plaza Hotels, Rixos Bab Al Bahr, Nurai Island, and DoubleTree by Hilton Resort & Spa Marjan Island; Aldar Education, operating private educational institutions across British, American, and International Baccalaureate curricula through Aldar Academies, Cranleigh Abu Dhabi, and Kent College Dubai; and Aldar Logistics, developing and leasing institutional-grade logistics parks and industrial warehousing hubs. The company has executed significant operational expansions, strategic acquisitions, and partnerships to scale its presence across the United Arab Emirates, Egypt, and the United Kingdom. Aldar expanded its international footprint into the European real estate market through the strategic acquisition of London-based residential developer London Square. In the United Arab Emirates, the company entered the Dubai real estate market through a landmark joint venture partnership with Dubai Holding to develop large-scale suburban residential communities, including Haven and Athlon, and expanded into the Northern Emirates through the acquisitions of Al Hamra Mall, Rixos Bab Al Bahr, and DoubleTree by Hilton Resort & Spa Marjan Island in Ras Al Khaimah, alongside the launch of luxury branded developments including Nikki Beach Residences and Rosso Bay Residences. In Egypt, the company maintains a controlling stake in Sixth of October Development and Investment Company (SODIC), expanding its residential, commercial, and mixed-use development pipeline across Greater Cairo and the North Coast. In addition, Aldar established a multi-asset joint venture with Mubadala Investment Company to co-develop prime Grade-A commercial office towers on Al Maryah Island, prime retail assets, and regional logistics facilities in Abu Dhabi. To support its strategic capital deployment, sustainable growth agenda, and asset pipeline, the company has completed multiple green sukuk issuances and sustainability-linked financing facilities.