ALDAR Properties

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Recent Articles

• UBS predicts 70% fall in Dubai house prices22 April 2009

  The Swiss investment bank advises property investors to wait until the second half of 2009.

• Aldar Properties in JV with Abu Dhabi Investment House 21 April 2009

  MOU paves way for joint venture to initially focus on phase 2 of Al Raha Beach project.

• Aldar delays shopping mall to save 30% on costs 21 April 2009

  Mall part of Abu Dhabi's Yas Island development that will hold Formula 1 this Nov.

• Formula One track will be ready for race day - developer 19 April 2009

  Aldar boss pledges circuit will be ready for Abu Dhabi's first Grand Prix, Nov. 1. 

• Aldar boss predicts market recovery will take up to 9 months19 April 2009

  EXCLUSIVE: CEO says property market underwent a 'rapid reality check'.

• Aldar Properties announces $2.56bn housing project19 April 2009

  The Abu Dhabi-based developer plans to build 5,000 units for the 'middle class'.

• Rakbank launches mortgage promotion15 April 2009

  Low interest rates promised for UAE nationals, residents and non-residents buying freeholds.

• Mashreq Capital plans sukuk fund13 April 2009

  Dubai-based firm to exploit sukuk offering high returns as Islamic bond market attracts greater interest.

• Conference set to tackle issues of Emiratisation7 April 2009

  UAE to hold first event of its kind later this month to debate employment policy.

• Aldar Properties signs up to Build Safe UAE 21 March 2009

  Abu Dhabi-based developer Aldar Properties is the first master developer of Abu Dhabi to formally become a full signatory member of Build Safe UAE.

• Aldar chiefs predict profitable 20095 March 2009

  Abu Dhabi-based company insists it can buck the real estate industry downturn and stay resilient in 2009.

• Developer upbeat on Abu Dhabi retail prospects5 March 2009

  Aldar's research chief says 30% of Dubai's weekend shoppers are from UAE capital.

• UAE plan for more than 3,000 yacht berths 15 February 2009

  Abu Dhabi-based Aldar Marinas will build the berths in 14 marinas across the Emirates.

• UAE's Aldar to shift focus to mid-range properties9 February 2009

  Abu Dhabi's biggest developer rejigs future project plans amid demand slump.

• Kuwait, Qatar, UAE close higher; Oman, Bahrain end low29 January 2009

  UPDATE 3: Most Arab bourses rise on US making headway on stimulus package.

• Aldar Properties hit by Q4 profits slump28 January 2009

  Lower sales in poor market conditions have seen Aldar Properties post an 84.9% fall in Q4 net profit.

• UBS cuts target price on real estate giants28 January 2009

  Investment bank takes decision on continuing concerns over exodus of expat workers from UAE.

• Aldar to commission seven hotels ready for F1 date27 January 2009

  New Yas Island tourism plan will increase hotel rooms in UAE capital by nearly 2,300.

• Qatar ends 9-day losing streak; UAE markets end mixed22 January 2009

  UPDATE 4: Shares of Industries Qatar and Qatar National Bank lead rally in Doha.

• Most Gulf bourses end lower; Emaar plunges over 9%21 January 2009

  UPDATE 7: Property giant’s stock dips after HSBC cut developer's price target.

• Major Arab bourses end in red; banks suffer18 January 2009

  UPDATE 4: Savola Group, National Bank of Abu Dhabi see major slips.

• UAE, Saudi, Qatar markets end in red14 January 2009

  UPDATE 5: UAE markets were dragged down by real estate and bank stocks.

• Aldar appoints new chief operating officer11 January 2009

  Abu Dhabi's largest real estate developer makes announcement on UAE capital's bourse.

• Aldar joint venture firm announces 200 job losses9 January 2009

  Abu Dhabi company's MD says cutbacks the result of construction industry slowdown.

• Aldar not sacking staff, delaying projects14 December 2008

  Abu Dhabi developer also says F1 track will be ready in time to host next year's grand prix.