Sector: Real Estate & Construction
Date of Establishment: 2005
Market Value: $7.5 billion
ALDAR Properties is the largest real estate developer in Abu Dhabi. It is behind some of the emirate’s largest projects, including the ALDAR building, which is shaped like a coin, Yas Island, and Ferrari World. In 2021, ALDAR became the most valuable real estate developer in the U.A.E. In 2020, the company achieved a 0.4% increase in profits compared to 2019. In October 2020, it signed an MOU with ADQ to develop and manage government capital projects worth $10.9 billion.