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Aldar Properties acquires tower in Dubai DIFC in partnership with H&H Development

Dec 04, 2024•over 1 year ago

Contract Type

partnership

Abu DhabiReal EstateReal Estate InvestmentCommercial Real Estate

Description

Aldar Properties, in partnership with H&H Development, has acquired a commercial tower in Dubai’s key financial district for $626 million. The tower, with 40 floors of commercial and retail space, is set for completion in 2028.

Company Information

Company

Aldar Properties

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Aldar Properties is a leading real estate development, management and investment company based in Abu Dhabi, UAE. The company has been involved in the creation of Yas Island, a renowned global destination, and has several key developments in its portfolio.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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