
Aldar Properties Q4 net profit surges 81% on higher revenue...
Aldar Properties, Abu Dhabi's biggest listed developer, reported an 81 per cent surge in fourth quarter net profit as the company's revenue increased in the last three months of 2019.
Net profit attributable to shareholders for the period...

Aldar to handover two new projects on Reem and Yas Island
Aldar Properties will hand over two projects on Reem Island and Yas Island in the coming days, Abu Dhabi’s biggest-listed developer said on Thursday.
The planned phased handovers at Yas Acres, the company’s golf and waterfront villa and...

Masdar launches Dh1bn 'green' real estate investment trust
Abu Dhabi-based clean energy firm Masdar is introducing the UAE’s first "green" real estate investment trust (Reit) with a value of up to Dh1 billion, giving investors a chance to invest in a portfolio of income-yielding...

Aldar Properties and Abu Dhabi government agree on...
The Abu Dhabi government, in turn, will receive lands with a comparable area in Al Raha Beach West and Lulu Island, along with certain plots inside the main island.
The transaction, which will be executed starting this month, does not involve...

As Abu Dhabi realty prices stabilise, residential yields...
Real estate sales prices and rental rates in Abu Dhabi saw a marginal decline during the third quarter, which analysts say could indicate the market is close to bottoming out. Average apartment sales prices dropped by 1 per cent during the quarter,...