Aldar Properties delivered a net profit of AED668mn for the first quarter of 2018, up 4% from Q1 2017 (AED641mn), reflecting a strong start to the year.
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Aldar reached an agreement with TDIC to acquire a portfolio of prime real estate assets worth AED3.7bn in one of the largest real estate acquisitions.
Al Jimi Mall, Al Ains first shopping destination, revealed the progress of its extension, which will add 45,000sqm of GLA when it opens in Q4 2018.
Abu Dhabi-based developer, Aldar Properties, have commenced handovers at Nareel Island, one of the most exclusive islands on the coast in Al Bateen.
Developer Aldar Properties announced it has sold two plots of land in its master-planned Alghadeer for community services.
Aldar Properties signed an escrow agreement with FAB to enable to provide services for buyers of its newly launched master planned development, Alghadeer.
Abu Dhabi developer, Aldar Properties, launched a new AED10bn masterplan that will incorporate one of its already established destinations Alghadeer.
Abu Dhabi-based Aldar Properties announced its Foreign Ownership Limit has been increased to 49%, from 40%, and will be implemented for trading.
Abu Dhabi-based developer, Aldar Properties, launched a new AED440mn boutique residential development, Reflection, on Reem Island.
Aldar Properties, reported a 3.8% drop in its net profits for the first six months of 2017, to AED1.26bn from AED1.31bn in the same period last year.