Aldar was established in 2004 and listed on the Abu Dhabi Stock Exchange (ADX) in 2005.
Aldar was the master developer behind Yas Island and developed a majority of the key developments on the island including Ferrari World and Yas Marina circuit. Aldar's key activities included property development and management, real estate asset management and adjacent businesses.
During 2013 Aldar merged with ADX listed real estate developer, Sorouh Real Estate PJSC ("Sorouh"). The merger consolidated the two key real estate players in Abu Dhabi, creating a more diversified asset base and stronger balance sheet.
During the merger Aldar developed a clear and focused strategy and has worked hard to execute and deliver on its principals. For more information on strategy see strategy section.