Aldar has added a number of strategic land plots across Abu Dhabi, with a combined gross development value of approximately AED23 billion ($6.26 billion), further reinforcing Aldar’s landbank strength and providing a pipeline for sustained, long-term growth across the capital’s most attractive development corridors.

The sites span over 2.3 million sq m 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 Saadiyat Island plots are suited to luxury residences including large-format villas and mansions that benefit from proximity to cultural, leisure and beachfront assets. The Yas Island plots offer the opportunity to deliver large-scale, master planned communities focused on family living, supported by established retail, entertainment and lifestyle infrastructure. 

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, said: “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.”

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, the developer said.

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, it said.

These additions build on Aldar’s wider growth strategy anchored by a high-quality landbank in core markets. With record development backlog and continued international interest in Abu Dhabi real estate, the company remains focused on replenishing its landbank and activating land into high-quality, integrated communities that support the emirate’s long-term vision and economic development.

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, Aldar added. - TradeArabia News Service