Modon Unveils Muheira The First Modon Freehold Residential Towers On Reem Island
Modon, the Abu Dhabi-based holding company, has announced the launch of Muheira – a landmark residential community offering exclusive freehold apartments on Reem Island. Situated in one of the city’s most desirable locations, close to Abu Dhabi Global Market (ADGM) and in a prestigious waterfront setting, the community offers sweeping panoramic views of the canal and the iconic Reem Island
Aldar Breaks Ground On A Custom Designed Cold Store Facility For Emirates Snack Foods
Aldar announced today it has broken ground on a custom-designed cold store and distribution facility for Emirates Snack Foods (ESF), one of the UAE’s most prominent fast-moving consumer goods (FMCG) distributors. To mark the partnership, Jassem Saleh Busaibe, Chief Executive Officer at Aldar Investment and Feda Saimua, Managing Partner at Emirates Snack Foods convened at Make It In The Emirates, an
Aldar Becomes Region’s First Developer To Use Hydrogen-Based Steel Rebar From Emsteel
Aldar has announced it will become the first developer in the Middle East and North Africa region to implement hydrogen-based steel rebar in a development project. Supplied by EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region, the steel will significantly reduce carbon emissions during the construction of Abu Dhabi’s first net zero
Aldar Becomes Region’s First Developer To Use Hydrogen-Based Steel Rebar From Emsteel
Aldar has announced it will become the first developer in the Middle East and North Africa region to implement hydrogen-based steel rebar in a development project. Supplied by EMSTEEL Group, one of the largest publicly traded steel and building materials manufacturers in the region, the steel will significantly reduce carbon emissions during the construction of Abu Dhabi’s first net zero
Brookfield, Lunate to launch $1 billion residential build-to-sell joint venture
Brookfield Asset Management, through its Middle East private equity strategy, and Lunate, an Abu Dhabi-based global alternative investment manager with more than US$110 billion in assets under management, today announced a joint venture (JV) to invest in the residential real estate sector in the Middle East. The JV, with total projected equity of $1 billion, will focus on developing high-quality build-to-sell
Abu Dhabi’s Secondary Real Estate Market Surges 53% In Q1 2025
Abu Dhabi’s secondary real estate market has kicked off 2025 on a strong note, posting a remarkable 53% year-on-year increase in transaction value, reaching AED 5.04 billion in Q1. This represents an increase from AED 3.3 billion in the same period last year and accounts for 11.4% of the total market, according to data from Metropolitan Capital Real Estate (MCRE),
Aldar unveils an opportunity to live in timeless elegance at Waldorf Astoria residences YAS
Aldar today announced the launch of Waldorf Astoria Residences Yas, setting a new benchmark for luxury living on Yas Island, Abu Dhabi. The exclusive collection of 133 furnished residences seamlessly blends Waldorf Astoria’s rich history of unparalleled hospitality and timeless elegance with Yas Island’s vibrant energy, where expansive views set the stage for residents to indulge in unforgettable experiences. Overlooking the
Aldar sells ‘Mamsha Gardens’ building to ‘GAW Capital Partners’ for AED586 million
Aldar Properties has completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners for AED586 million. Marking GAW Capital’s first investment in the UAE, the transaction underscores the growing international appeal of Abu Dhabi’s property market, the Saadiyat Cultural District, and Aldar’s residential portfolio. Located within Saadiyat Cultural District, the building,
Aldar completes sale of Mamsha Gardens residential building to Gaw Capital Partners for AED 586 million
Aldar Properties (“Aldar”) has agreed the sale of a residential building at Mamsha Gardens for a total consideration of AED 586 million to Hong Kong-based real estate private equity firm, GAW Capital Partners. The transaction is the firm’s first investment in the UAE and reflects the appeal of the Abu Dhabi property market, Saadiyat Cultural District, and Aldar’s residential portfolio
Aldar Partners With Hilton To Develop Yas Island’s First Branded Residences Under The Iconic Waldorf Astoria Brand
Aldar has today announced its partnership with Hilton (NYSE: HLT), the global hospitality company, to develop Abu Dhabi’s first Waldorf Astoria Residences and the first branded residences located on Yas Island. In the presence of Aldar’s Group Chief Executive Officer, Talal Al Dhiyebi, the partnership was signed by Jonathan Emery, Chief Executive Officer at Aldar Development and Daniel Wakeling, Vice President