Abu Dhabi’s Aldar has big plans for projects in Dubai

  • Date: 09-Feb-2024
  • Source: AGBI
  • Sector:Real Estate
  • Country:UAE
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Abu Dhabi’s Aldar has big plans for projects in Dubai

Aldar Properties, Abu Dhabi’s largest developer, plans to launch more projects in neighbouring Dubai this year. Speaking at a press conference on Friday, Aldar’s chief finance and sustainability officer Faisal Falaknaz said the Abu Dhabi-listed developer is on track to launch its second master plan in Dubai in the second quarter of this year. The […]

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Aldar Properties, Abu Dhabi’s largest developer, plans to launch more projects in neighbouring Dubai this year.

Speaking at a press conference on Friday, Aldar’s chief finance and sustainability officer Faisal Falaknaz said the Abu Dhabi-listed developer is on track to launch its second master plan in Dubai in the second quarter of this year. The third master plan will be launched in the second half of the year.

Aldar is present in Dubai through its joint venture with Dubai Holding, the investment vehicle of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum.

Haven, Aldar’s first Dubai project, was launched in the last quarter of 2023.

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Aldar reported on