Aldar has announced the addition of several strategic land plots across Abu Dhabi, with a combined gross development value of around $6.2 billion (AED 23 billion).
This move further strengthens the company’s landbank and sets the stage for long-term growth in key development areas throughout the capital.
The sites span over 2.3 million sqm and will deliver approximately 3,000 new homes across plots on Saadiyat Island, Yas Island, and adjacent to Yas Island.
Collectively, the sites provide the flexibility to deliver a diverse range of residential products, supporting long-term population growth and residential demand in the capital.
The developments will be launched and brought to market in a phased approach aligned with market demand, with the first project launches expected from 2026 onwards.
Furthermore, this disciplined phasing is designed to support resilient absorption rates, enhance visibility on medium- to long-term revenue and earnings growth, and ensure flexibility across market cycles.
Talal Al Dhiyebi Group CEO – Aldar
“The expansion of our Abu Dhabi landbank reflects our strong conviction in the market’s long-term fundamentals and the depth of opportunity across the capital. By building on our existing destinations and extending into new growth corridors, these sites enable us to deliver a diverse range of high-quality communities aligned with sustained demand.”
“We expect this portfolio to generate attractive long-term returns for our shareholders, while supporting Abu Dhabi’s continued evolution as a leading international business and lifestyle destination,” Al Dhiyebi added.
According to the statement, the land plots will be activated through a joint venture structure with an established partner, supporting efficient capital deployment, while allowing Aldar to retain responsibility for the full development, sales, and delivery lifecycle of the new projects.
