The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), announced the signing of a strategic agreement with Aldar Properties PJSC, one of the leading companies in property development and management, and investments in Abu Dhabi – for the purpose of ornamenting the Abu Dhabi Golden Visa’s services and offerings.
The key purpose for this collaboration is to promote the capital, its portfolio of real estate projects and to be a catalyst for strengthening opportunities for investors and talents. The Abu Dhabi Residents Office (ADRO) will support clients of Aldar Properties when applying for a Golden Visa upon purchasing a property valued for more than AED 2 million – from an array of options available as the likes of Yas Acres, Mayan, Louvre Abu Dhabi Residences, and more.
Additionally, as per the agreement the residents with Golden Visas in Abu Dhabi will receive a two percent discount while purchasing the properties directly from Aldar Properties, as well as exclusive priority registration at some affiliated schools and receive benefits from the Darna loyalty program.
Furthermore, the two parties will be launching collaborated activities to promote Golden Visas in Abu Dhabi and other initiatives which will be attracting talents in the Emirate – with a mutual commitment to entice skilled and talented individuals.
His Excellency Hareb Mubarak Almuhairi, Executive Director of the Abu Dhabi Residents Office says, “This agreement aligns with the Office’s strategic goals that seek to facilitate the affairs of Abu Dhabi residents, by helping them to settle and integrate into society and developing several smart services and benefits that improve their lifestyle. This partnership will also affirm our efforts to draw top talents from across the world to the Emirate, which is one of the world’s most preferable cities to live and work. This contract further enhances Abu Dhabi’s attractive position as an investment hub, particularly in the real-estate sector which is a vital economic element that influences investors’ trends and plans on the mid and long term.”
The ADRO is dedicated to promoting Abu Dhabi’s real-estate sector with various local, regional, and international activities – with the most recent of them being the promotional campaign launched by Aldar Properties in Cairo and London. “Through this cooperation with Aldar Properties, we will work to augment the reach of the Office’s strategic mission to increase the attractiveness of Abu Dhabi and to attract specialized talents to work, live, and thrive in the Emirate,” Almuhairi added.
Jonathan Emery, Chief Executive Officer at Aldar Development says, “As Abu Dhabi’s leading property developer and a key partner for economic growth, Aldar is proud to be part of an initiative that reinforces the UAE’s position as a global destination of choice for residents, investors, entrepreneurs, business communities, and talents. Since its formation, Aldar has established a wide network of investors, entrepreneurs, and top talents, ensuring it is at the forefront of Abu Dhabi’s growth story and a valuable partner for the Golden Visa programme.”
The UAE Golden Visas are offered in Abu Dhabi for foreign investors and top talents from all over the world, providing them with visas for 5-10 years – this covers scientists, knolwedge professionals and researchers like doctors, specialists, scientists, and inventors. The visa is also available to talented and creative individuals, athletes, owners of start-ups, and real-estate investors. Moreover, for those interested in applying for Golden Visas in Abu Dhabi can submit their applications via ADRO’s website.
Through Aldar initiatives such as Manassah, a regional incubator programme for innovative retail companies, and ScaleUp – an international technology accelerator initiative. These programmes aim to attract entrepreneurs to invest and set up their businesses in the UAE, and support is being provided by Aldar Properties to put these people forward for the Golden Visa.
Lastly, as one of Abu Dhabi’s largest private sector employers, with access to extensive domestic and international investors and entrepreneurs, Aldar Properties is well-placed to support ADRO attracting and retaining investors and top talents to the Emirate.