Press Releases
Wednesday 16th March, 2011Abu Dhabi's Yas Island to showcase at MITT Moscow
Summary: Since it was first introduced to the world as the venue of the first Formula 1™ Etihad Airways Abu Dhabi Grand Prix, Yas Island has evolved into a leading business and leisure hub
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Sunday 13th March, 2011
Aldar delivers flagship MENA store to IKEA on Yas Island
Summary: Aldar handed over the completed project to the Al Futtaim Group company on 2nd January 2011 for final store fit out ahead of the grand opening which will be held later this week. The project was delivered ahead of schedule by a team of 3,100 workers with the precast steel building completed in 10 months
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Saturday 12th March, 2011
Aldar launches Al Ward precinct at Al Raha Gardens - 28 five bedroom villas released to market this week
Summary: 28 new homes are now available for sale at Al Ward, the latest precinct to be released in Al Raha Gardens, Aldar’s established residential community in Khalifa City A, Abu Dhabi
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Tuesday 8th March, 2011
Abu Dhabi's Yas Island to showcase at ITB Berlin
Summary: Since it was first introduced to the world as the venue of the first Formula 1™ Etihad Airways Abu Dhabi Grand Prix, Yas Island has evolved into a leading business and leisure hub
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Tuesday 8th February, 2011
ALDAR announces 2010 results
Summary: Aldar Properties PJSC, Abu Dhabi's leading property development, investment and management company, today announced its full year results for 2010, reporting a loss of AED 1,357.7 million (before impairments and fair value losses). The loss for the year, after recognizing the impairment and fair value losses, was AED 12,658.4 million. (2009: profit of AED 837.4m). With developments under construction of AED 19,149.3 million at year end, 2010 saw continued project delivery. Al Bandar, the first residential development within Al Raha Beach was handed over to residents in the Q3 and Al Gurm, the luxury residential development saw the delivery of 9 villas in Q4
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Tuesday 25th January, 2011
Aldar's Motor World set to boost Abu Dhabi car market this April
Summary: Motor World, Aldar's custom-designed destination for new and used car showrooms and servicing facilities, is set to transform Abu Dhabi's car retail market when it open its doors in a few months time
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Thursday 13th January, 2011
ALDAR unveils financial framework to place company on stable and sustainable platform for evolving market - Combination of portfolio revaluation, assets sale and capital increase announced
Summary: Aldar Properties PJSC, Abu Dhabi's leading property development, investment and management company, today unveiled a series of steps designed to solidify the company's position for long-term, sustainable growth. The measures are focused on addressing current market conditions and on boosting the company's capital structure
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Wednesday 1st December, 2010
Mohammed bin Zayed officially inaugurates Aldar's Ferrari World Abu Dhabi
Summary: HH Sheikh Mohammed bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces, last night officially inaugurated Ferrari World Abu Dhabi, the world's first Ferrari theme park, on Yas Island
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Saturday 27th November, 2010
Lord Foster visits Central Market - Chairman of leading architecture firm visits new SOUK
Summary: Lord Norman Foster, Chairman and founder of leading architectural firm Fosters + Partners, visited Central Market, Aldar's major redevelopment of the traditional commercial heart of Abu Dhabi, last Thursday 25th November. The firm was appointed in 2006 to design the towers and unique retail spaces which have already become a key landmark
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Thursday 11th November, 2010
Aldar begins operation of environmentally friendly, hygienic waste system at Yas Island
Summary: On November 14 it will not only be on the Yas Marina Circuit that things will be speeding through corners and accelerating along straights. Six feet below the Formula 1 TM cars and spectators, the empty food wrappers, drinks containers and discarded magazines that litter many a sporting event will be hygienically whisked away through a series of vacuum sealed pipes, at up to 75km/h
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