Dubai Holding’s partnership with Aldar Properties, a leading real estate developer and manager in the UAE, will see three developments across prime locations, marking Aldar’s entry into the Dubai real estate market.
In line with our vision of shaping the urban fabric across the emirate, Dubai Holding entered a joint venture agreement with Aldar Properties in February 2023 to develop unique living experiences across three prime locations in Dubai.
Spread across an area of 3.55 million sqm, the developments will feature more than 9,000 units consisting of villas, townhouses and apartments supported by retail and community facilities. The new communities will be located in the suburban heart of Dubai and represent some of the last remaining vacant and undeveloped plots of land in this established and popular corridor.
Supporting Aldar Properties in its first entry into the Dubai real estate market, Dubai Holding will help with the introduction of unique offerings with a strong emphasis on high-quality design, sustainability and community.
This partnership demonstrates Dubai Holding’s unparalleled track record of being the strategic partner of choice for leading regional and institutional investors, positioning Dubai as a leading destination for investments from across the globe and contributing to its economic growth.