The acquisitions add development land with an estimated gross development value of AED 23 billion, strengthening Aldar’s long-term residential pipeline across Abu Dhabi’s key growth corridors
February 02, 2026 | Staff Reporter | UAE | Developers
Aldar Properties has expanded its strategic landbank in Abu Dhabi with the acquisition of multiple land plots carrying a combined gross development value of approximately AED 23 billion, reinforcing its long-term growth strategy in the capital.
The newly acquired sites span more than 2.3 million square metres across key growth corridors, including Saadiyat Island, Yas Island, and areas adjacent to Yas Island. The plots are expected to deliver around 3,000 new residential units and provide flexibility to develop a diverse mix of luxury residences and family-oriented communities.
The Saadiyat Island plots are suited for high-end residential offerings such as large-format villas and mansions, benefiting from proximity to the island’s cultural, leisure and beachfront destinations. Meanwhile, the Yas Island sites offer scope for large-scale, master-planned communities focused on family living, supported by established retail, entertainment and lifestyle infrastructure.
“By building on our existing destinations and extending into new growth corridors, these sites enable us to deliver a diverse range of high-quality communities aligned with sustained demand.”
Talal Al Dhiyebi, Group Chief Executive Officer of Aldar
The developments will be launched in a phased manner, with the first project launches expected from this year onwards.
Aldar confirmed that the newly acquired plots will be developed through a joint venture structure with an established partner, enabling efficient capital deployment while allowing the company to retain responsibility for development, sales and project delivery.