ADX-listed Aldar Properties will invest AED 3.8 bn to develop residential, commercial, and logistics builds for rent in Abu Dhabi, according to a press release (pdf). The projects in Al Shamka, Yas Island, and Abu Dhabi Business Hub, will bring the firm’s pipeline of develop-to-hold assets to AED 17.6 bn and will be integrated into its investment portfolio.
On the residential front: Aldar will build nearly 2k residential units in its Alreeman community in Al Shamkha that will be available for rent. The units will range from studios to three-bed units, located alongside retail and leisure facilities. Yas Island is also set to see a piece of the pie, with Aldar planning to deliver 665 units — 217 townhouses and villas, and 448 apartments as an extension of Yas Residential Village for island staff housing.
On the commercial side, Aldar will develop Yas Business Park, a four-tower office complex offering 47.5k sqm of leasable space next to Yas Mall and Aldar Square. The development is expected to be completed by 2H 2027.
Logistics units will also see a boost, with Abu Dhabi Business Hub set to see some 175k sqm of new logistics space, catering to third-party logistics, e-commerce, and distribution tenants. Aldar’s plan to build the UAE’s first Tesla Experience Center is also part of the AED 3.8 bn investment.
The firm has been on a local expansion roll: Last year, the firm committed AED 1 bn to expand its logistics portfolio as well as AED 5 bn for new real estate assets in Abu Dhabi. It is also working on the Fahid Island coastal development with a AED 40 bn in gross development value, as well as a mixed-use development in Dubai’s Expo City for AED 1.8 bn. It is launching four JVs with Mubadala to develop AED 30 bn worth of properties in Abu Dhabi, and also said it was expanding into lower-cost housing, schools, and retail as part of a diversification push.
This comes amid a surge in new project launches in Abu Dhabi, with 9M 2025 seeing 42 new projects registered, including 39 residential developments offering over 9.5k units, Al Etihad reports, citing data from the Abu Dhabi Municipalities and Transport Department’s Dari platform. This nearly matches the 2024 total of 43 housing projects launched in Abu Dhabi.
At the 1H mark, the emirate was set to see 11.9k new residential units by the end of the year. Total residential stock reached around 400k units as of 1H, according to a report (pdf) from Abu Dhabi Real Estate Center.