{"id":94172,"date":"2024-07-25T00:00:00","date_gmt":"2024-07-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/"},"modified":"2024-07-25T00:00:00","modified_gmt":"2024-07-25T00:00:00","slug":"aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/","title":{"rendered":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments"},"content":{"rendered":"

Real estate developer Aldar Properties committed AED 1.8 bn to ramp up its <\/strong>portfolio in Dubai, <\/strong>focusing on key business districts, it said in an ADX disclosure (pdf)<\/a>. The projects include Aldar's first commercial development in Dubai, as well as the purchase of a fully occupied Grade A office building in Dubai Internet City (DIC), bringing the developer\u2019s total net leasable area (NLA) to 465k sqm across 13 operational assets, with an occupancy rate of 97%.<\/p>\n

Aldar is planning to build a Grade A office tower development <\/strong>with a NLA of 88k sqm on a freehold plot in Sheikh Zayed Road, beside the Dubai International Financial Centre, the disclosure reads. The project \u2014 which will also include a luxury boutique hotel and branded residences \u2014 is slated for handover in 4Q 2027, and targets high sustainability credentials.<\/span><\/p>\n

The Abu Dhabi developer also inked an agreement to acquire 6 Falak,<\/strong> a fully occupied Grade A office building housing 9.1k sqm of NLA in DIC. The building, which was completed in March 2024, is home to several notable tenants including Roland Berger, Merck, and IFS. The transaction is expected to be completed in the coming weeks, the statement said. <\/p>\n

Aldar has been expanding its portfolio in Dubai<\/strong>, with its first residential development \u2014 the AED 1 bn Verdes by Haven apartment complex \u2014 launched<\/a> this year. It also lined up AED 1 bn (USD 272 mn) earlier in January<\/a> to expand its logistics operations in both Abu Dhabi and Dubai, which included an acquisition of its first logistics zone in Dubai and plans to set up new logistics facilities. It agreed this month<\/a> to develop a Grade A logistics park at National Industries Park in Jebel Ali. <\/p>\n","protected":false},"excerpt":{"rendered":"

The developer will build its first commercial development in Dubai by 4Q 2027<\/p>\n","protected":false},"author":1,"featured_media":94173,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1565],"tags":[97,87,7,25,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-94172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-aldar-properties","tag-dubai","tag-enterpriseam-uae","tag-investment-watch","tag-real-estate","wpautop","entry"],"acf":{"mongo_id":"c6253c58-ac88-4dc1-b496-7e2ec459275e","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/968.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments in office towers","related_issue":[94165],"teaser":"The developer will build its first commercial development in Dubai by 4Q 2027","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.317c14ee-5ccf-4193-a5fa-44834dd9a46c.mp3"},"yoast_head":"\nAldar boosts commercial portfolio in Dubai with AED 1.8 bn investments - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments\" \/>\n<meta property=\"og:description\" content=\"The developer will build its first commercial development in Dubai by 4Q 2027\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments\",\"datePublished\":\"2024-07-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\"},\"wordCount\":284,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Aldar Properties\",\"Dubai\",\"EnterpriseAM UAE\",\"INVESTMENT WATCH\",\"Real estate\"],\"articleSection\":[\"REAL ESTATE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\",\"name\":\"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-07-25T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/","og_locale":"en_US","og_type":"article","og_title":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments","og_description":"The developer will build its first commercial development in Dubai by 4Q 2027","og_url":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/","og_site_name":"UAE","article_published_time":"2024-07-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments","datePublished":"2024-07-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/"},"wordCount":284,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1","keywords":["Aldar Properties","Dubai","EnterpriseAM UAE","INVESTMENT WATCH","Real estate"],"articleSection":["REAL ESTATE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/","url":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/","name":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1","datePublished":"2024-07-25T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2024\/07\/25\/aldar-boosts-commercial-portfolio-in-dubai-with-aed-1-8-bn-investments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Aldar boosts commercial portfolio in Dubai with AED 1.8 bn investments"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/6\/968.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/94172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=94172"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/94172\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/94165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/94173"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=94172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=94172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=94172"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=94172"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=94172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}