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Aldar HQ completion to double office space
HQ is the first of many other planned developments at Al Dana, the Central Business District of Al Raha Beach. A key part of the Abu Dhabi 2030 Plan, Al Raha Beach is perfectly located for accessing the traditional Central Business District on Island as well as future locations such as the Capital District, the release claimed. Aldar is offering a range of integrated tenant services and there will be a comprehensive range of facilities that include a gym, numerous food and beverage outlets, convenience stores and restaurants, the company said.
Aldar posts Dh789m loss
Dubai: Aldar Properties, Abu Dhabi’s property development, investment and management company, posted a net loss of Dh789.5 million for the first six months of 2010, compared to a net profit of Dh1.14 billion for the same period last year as sales declined. The company expects better results for the second half of 2010 on the back of revenue generated from the delivery of the Al Raha Beach and Al Gurm projects. The company also made Dh695 million worth of sales during the first six months of this year which will be recognised in future periods.
Abu Dhabi property market continues to cool
In terms of new property, most of the high-end supply will be concentrated on Reem Island and Al Raha Beach, with mid-end supply coming up on the Abu Dhabi Main Island and more affordable lower end stock on the mainland, which includes the first phase of Al Reef Downtown.
Aldar’s Abu Dhabi HQ: One last spin of the wheel
Aldar’s Abu Dhabi headquarters is one of the final feats of jaw-dropping construction machismo we’ll see from the UAE for a while, says Thomas Lane. And it gives us plenty of reasons to mourn their passing …
Laing O’Rourke to close Mideast division
However, it was confirmed that Laing O’Rourke will maintain its relationship with Aldar, with whom it is working on the AED54bn ($14.7bn) Al Raha beach project.
Aldar reveals Cityscape Abu Dhabi focus
Al Bandar will be the first residential element to be delivered within Al Raha Beach,Aldar’s waterfront development which will provide a vibrant and diverse mix of communities as well as business, retail and leisure. A very limited number of homes at Al Bandar will be made available to the public at Cityscape.
Abu Dhabi’s New Souk to be Inaugurated Middle of This Year
ABU DHABI — The New Souk which will form part of the Central Market project of Aldar Properties in Abu Dhabi will be opened in the middle of this year.
Nick’s garden: Towards a more natural landscape
Happily, the last few years have also seen a quiet revolution take place in Abu Dhabi’s corridors of power with the introduction of Plan Abu Dhabi 2030, Estidama and new guidelines for the design of Abu Dhabi’s streets and public spaces and it shouldn’t be long before we see the city’s characteristic greenness take a decidedly environmental turn.
