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Aldar partners with Nobu Hospitality to bring luxury hotel and region’s first Nobu branded residences to Mamsha Beach
Abu Dhabi, UAE – 28 November 2022: Aldar Properties PJSC (“Aldar”), today announced that it has entered into an exclusive partnership with Nobu Hospitality – the fastest growing luxury lifestyle brand – to launch a new luxury hotel, branded residences, and a fine dining experience to anchor Aldar’s extremely desirable destination, Mamsha Al Saadiyat.
Aldar to increase investment in Ras Al Khaimah to AED 1.5 Billion with acquisition of Rixos Bab Al Bahr
Abu Dhabi, UAE – 01 April 2022: Aldar Properties PJSC (“Aldar”), through its Aldar Investment business, has added to its growing portfolio of hospitality and leisure assets with the acquisition of the 715-key all-inclusive Rixos Bab Al Bahr beach property in Ras Al Khaimah for a total consideration of AED 770 million.
Aldar expands its portfolio with acquisition of Luxury Islands
Abu Dhabi – UAE, 1 July 2022: Aldar Properties PJSC (“Aldar”) has added a complementary luxury asset to its hospitality portfolio with the acquisition of Nurai Island Resort, as well as two additional new islands within the Abu Dhabi archipelago that are intended for residential development.
Aldar bolsters its portfolio in Ras Al Khaimah with acquisition of Double Tree by Hilton Resort & Spa on Al Marjan Island
Abu Dhabi, UAE – 27 July 2022: Aldar Properties PJSC (“Aldar”), through its Aldar Investment business, has added scale to its diverse and growing hospitality and leisure portfolio with the acquisition of the beachfront resort, DoubleTree by Hilton Resort & Spa Marjan Island, and an adjacent beachfront development plot for a total consideration of AED 810 million.