Abu Dhabi's Developer Aldar Shows Strong Progress on Projects

Abu Dhabi's leading property developer, Aldar Properties, has reported significant progress on its current development projects. The company, responsible for iconic landmarks like Yas Island and Yas Mall, is witnessing steady advancement across its residential, retail, and commercial portfolios.

This positive update comes on the heels of a period of concentrated development efforts by Aldar. The company has strategically focused its resources on key areas like Yas Island, Al Raha Beach, and Shams Abu Dhabi. This targeted approach allows for the creation of integrated communities that cater to a variety of needs and lifestyles.

One of the most anticipated projects, Nareel Island, is progressing according to schedule. This master-planned community designed specifically for Emirati citizens is slated for completion in 2017. The initial phase focuses on infrastructure and public realm development, ensuring a complete and functional community from the outset.

Beyond its commitment to residential projects, Aldar is actively contributing to Abu Dhabi's retail landscape. The company boasts a substantial portfolio of retail spaces, including the popular Yas Mall and Al Jimi Mall. Additionally, Aldar incorporates smaller, community-focused retail centers within its residential developments, fostering a convenient and vibrant atmosphere for residents.

Commercial development is another area where Aldar is making significant headway. The company's high-quality office portfolio attracts leading local and international tenants. These strategically located commercial spaces contribute to the overall growth and dynamism of Abu Dhabi's business scene.

Aldar's dedication to progress extends beyond its core development activities. The company plays a vital role in the Emirate's infrastructure development through its involvement in government housing and infrastructure projects. This commitment to comprehensive urban development ensures a well-rounded and sustainable future for Abu Dhabi.

With its robust portfolio and unwavering focus on delivering high-quality projects, Aldar Properties is well-positioned to maintain its status as a leader in Abu Dhabi's real estate sector. The company's ongoing progress on its development projects is a testament to its commitment to shaping the Emirate's future landscape.

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