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Aldar launches the ‘Noya Viva’ 7 hours ago Noya Viva will bring a further 480 homes to the Noya development with prices start from Dhs1.65 million. Aldar Properties (Aldar) has announced the launch of Noya Viva, the next phase of its highly successful Noya development on Yas Island. The community is open for buyers from all nationalities to purchase their homes on a freehold basis. Noya Viva will bring a further 480 homes to the Noya development, with four-bedroom villas and two- and three-bedroom townhouses available. Prices at Noya Viva start from Dhs1.65 mil...

Dubai: Abu Dhabi master-developer Aldar is making its first offplan launch of the year – with 480 homes at its Noya community on Yas Island. Prices start from Dh1.65 million. Each unit will have its own “outdoor space”, a factor that more of today’s property buyers are keeping an eye out for. This represents the second big offplan push from Aldar at Noya, having made the first in November last. It was among the first attempts by UAE developers in the offplan space after the pandemic broke and was snapped up by buyers instantly. “The strong response we witnessed for the first phase o...

SHARE Aldar Properties, the UAE’s biggest listed developer, is looking to buy a majority stake in Egypt’s Sixth of October for Development and Investment Company (Sodic). The Abu Dhabi-based developer is leading a consortium that submitted a non-binding offer of 18-19 Egyptian pounds per share, valuing Sodic at 6.6 billion Egyptian pounds ($421 million) at its mid-point, it said in a statement to the Abu Dhabi Securities Exchange, where its shares trade. The offer is a 14 per cent premium on last week's closing price. “Aldar believes that its offer represents a compelling liquidity even...

SHARE Developer Aldar Properties expects its fee-based revenue to increase as it expands its asset management business amid growing profitability. The company manages about Dh2 billion in assets owned by third parties and is “taking on more asset management” projects, chief executive Talal Al Dhiyebi told Bloomberg TV yesterday. Aldar Development, the unit responsible for developing its 7,500-hectare land bank in Abu Dhabi, also reported strong growth. “Our development unit, which is normally more cyclical compared to our asset management [business], right now gives a very strong recurr...

Aldar Properties reports revenue of Dhs8.39bn for 2020, up 17% 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Its 2020 gross profit also rose 8 per cent to Dhs2.98bn by Gulf Business February 15, 2021 Abu-Dhabi headquartered real estate development, management and investment company Aldar Properties reported a 17 per cent rise in revenue to Dhs8.39bn for 2020 on Sunday, February 14. Its 2020 gross profit also rose 8 per cent to Dhs2.98bn. Its full-year net profit decreased slightly by 2.5 per cent ...