At a glance
Leading real estate group
Aldar is the leading real estate developer and manager in Abu Dhabi, supported by an owned, strategic land bank of approximately 65 million square metres across prime areas of the Emirate.Download pdf
- Mamsha Al Saaiyat
- Saadiyat Reserve
- Saadiyat Grove
- Cranleigh Abu Dhabi
- Saadiyat Beach Club
- Saadiyat Beach Golf Club
- Saadiyat retail
- West Yas
- Yas Acres
- Water’s Edge
- Yas Links
- Yas W Hotel
- Yas Mall
- ACE Hardware
- Yas Plaza Hotels
Al raha beach
- Al Muneera
- Al Zeina
- Al Bandar
- Al Hadeel
- Al Raha Beach Community Retail
- HQ Building
- Etihad Plaza
Al reem island
- The Bridges
- Sun & Sky Towers
- Shams BOUTIK
- The Gate Towers and The Arc
- Boutik Gate
- Reem Central Park
Al Ainسيح السدرة، الغدير
- Al Oyoun Village
- Shabhat Plaza
- Al Jimi Mall
- Remal Mall
- Aldar Development
- Aldar Investment
I am delighted to report that your company has had a strong year of progress despite the significant challenges of the Covid-19 pandemic.
The resilience of the Abu Dhabi economy and real estate market have underpinned Aldar’s achievements. We have experienced progressive political, economic, and legislative policy changes intended to make the Emirate a top global destination for quality of living, business opportunity and tourism appeal.
creating sustainable, long-term value
Aldar plays a pivotal role in the growth, maturity and diversification of Abu Dhabi. We aim to be a sustainable business by anticipating and responding to the needs of our customers, communities, partners and employees. Using our knowledge, we’re able to act to position ourselves for the market conditions we see ahead to enable our vision of long-term value creation.Dowload pdf
We invest in our business through shareholder capital, borrowings and existing capital.
Our land and buildings, the materials and technologies we use, and the natural environment.
SOCIAL AND RELATIONSHIP
The relationships we have with customers, communities, government and partners, and the capabilities of our employees.
Land bank and land purchase
ACQUIRE, MANAGE AND RECYCLE DIVERSE ASSET BASE
Real estate and complementary businesses
Sell land or develop residential properties for sale
DEVELOPMENT MANAGEMENT FOR 3RD PARTY
Including Asset Management
STRATEGY SITS AT THE HEART OF OUR BUSINESSLine
GROWTH AND EXPANSION
PEOPLE, INNOVATION, SUSTAINABILITY, AND DIGITAL TRANSFORMATION
Long-term growth in income and asset values, creating capacity for us to reinvest in our business and deliver on our promise to our shareholders.
Delivering desirable destinations for people who live, work and play.
SOCIAL AND RELATIONSHIP
Our ability to help businesses and people to thrive – including our own employees.
Chief Executive Officer’s Statement
Aldar Properties delivered a powerful operating and financial performance in 2020, drawing on its fundamental institutional strengths to successfully navigate through the most difficult challenges that the company has ever faced.
The Company’s strong progress has been founded on the bedrock provided by Abu Dhabi’s effective response to the global pandemic. The Government has acted decisively to protect the health and safety of residents and to support the economy, including measures to sustain confidence in the real estate market. Recovery is now within sight thanks to the effective testing regime as well as a rapid and comprehensive vaccination programme.
SUSTAINABLE RETURNS THROUGH SOUND INVESTMENTS AND INNOVATIVE STRATEGIES
Our vision demonstrates what we aim to achieve, while our Mission defines our DNA and what we stand for. These form the cornerstone of our strategic intent and commitment to stakeholders.
- Maximise shareholder value.
- Grow profits and enhance margins.
- Expand and drive sustainable growth.
- Ensure our projects are delivered on time, within budget and agreed quality.
- Maximise and unlock the potential of our assets.
- Optimise our processes and strengthen our value chain.
- Embed environment and quality in all aspects of the business.
- Drive value and synergy through investment.
- Engage customers and end users in all aspects of the business.
- Deliver exceptional customer experiences.
- Create customer intimacy through loyalty programmes and unified marketing.
- Integrate and promote social and environmental sustainability.
growth and expansion
- Explore and invest in regional/international expansion.
- Grow our local portfolio in a sustainable and agile manner.
- Ensure optimal utilisation and growth ratios of our assets.
- Actively engage with our key stakeholders to drive growth.
people, innovation, sustainability & digital transformation
- Leverage data for more informed decision making.
- Deploy disruptive and leading technology in all aspects of the business.
- Empower and embed innovation in all aspects of the business.
- Attract and retain high-performing talent.
- Develop and engage our people.
- Nurture an innovative, sustainable and creative culture.
2020 financial highlights
Despite a challenging operating environment, the Group recorded a 17% increase in revenue to AED 8.39 billion. Gross profit rose 8% to AED 2.98 billion and net profit held steady at AED 1.93 billion.Download pdf
finance & sustainability
Despite the challenging year influenced by the pandemic and its impacts on different businesses and processes; we have significantly improved our ESG score on different regional and international ratings and Aldar was ranked on the top of all listed real estate companies in the UAE and the third among all listed companies in Abu Dhabi Securities Exchange, as of end of 2020. We have also improved our ESG score well above the industry average for both Dow Jones Sustainability Index and MSCI.
highlights from 2020
Aldar’s performance in 2020 and the Company’s growth trajectory are remarkable given a challenging macro-economic environment of the last year.
They are testament to the strength of our diversified business model, driven by our strong commitment to high standards of corporate governance, the robust and clearly defined strategies of our core businesses, and the hard work and fortitude of our employees.