Al Dar Properties

Aldar Properties PJSC has scheduled a board meeting for Friday, 29th November 2024, at 3:00 pm. The agenda includes discussing general business matters, operational issues, and the company's overall strategic direction. The authorized signatory for this disclosure is Mohammad H. Abedalrahman.

Aldar, a leading real estate developer in the UAE, has announced the launch of the first Mandarin Oriental Residences in Abu Dhabi, located in the Saadiyat Cultural District. These 226 luxury residences, designed by Bjarke Ingels Group and featuring interiors by Lillian Wu, will offer residents a unique lifestyle managed by the Mandarin Oriental Hotel Group. The homes, which will be available for sale starting November 21, 2024, are situated in a prime location with views of the Zayed National Museum and easy access to cultural experiences and Mamsha Beach. The residences are noted for their exquisite furnishings, including grand chandeliers, natural marbles, and floor-to-ceiling windows.

Aldar has launched Mamsha Gardens, a resort-style residential development on Saadiyat Island in Abu Dhabi, near Mamsha Al Saadiyat and the Saadiyat Cultural District. The development includes 493 luxury apartments and townhouses with iconic views, surrounded by lush gardens and premium retail spaces. Located within 200 meters of Mamsha Beach, the area is being enhanced to offer a French Riviera-inspired elegance. Mamsha Gardens features a walkway connecting residents to cultural and leisure attractions on the island, including premium retail experiences at Saadiyat Grove. Designed by ACME Architecture, the project incorporates landscaped gardens with water-efficient irrigation systems.

Aldar Properties PJSC has released a review report and interim financial information for the nine-month period ending on September 30, 2024.

Aldar Properties PJSC has released its review report and interim financial information for the nine-month period ending on September 30, 2024.

Aldar Properties PJSC held a Board of Directors meeting on Tuesday, October 29, 2024, from 9:00 am to 9:35 am, with six members present, achieving a quorum of 85.7%. The meeting resulted in the approval of the financial statements for the third quarter of 2024 and the consideration of general business, operational, and strategic matters. The authorized signatory for the meeting was Mohammad Hatim Abedalrahman, the company secretary.

Resolution No. (488) of 2024 concerns the temporary suspension of trading shares of Al Dar Properties on the Abu Dhabi Securities Exchange (ADX). This decision is made in accordance with Article No. (16) of the Regulations concerning the Listing of Securities on ADX. The suspension will occur from 09:00 on October 29, 2024, coinciding with the Al Dar Properties Board of Directors meeting, and will remain in effect until ADX receives the meeting results. All relevant departments in ADX are instructed to implement this resolution, which will be communicated to the Securities and Commodities Authority (SCA), the concerned company, all ADX departments, and accredited brokers. The resolution has been approved by the authorized person and was issued on October 24, 2024.

Aldar Properties PJSC has scheduled a board meeting for Tuesday, 29th October 2024, at 9:00 am. The agenda includes discussing the company's financial performance for the third quarter of 2024 and considering general business, operational, and strategic matters. The authorized signatory for this disclosure is Mohammad H. Abedalrahman, who holds the position of Company Secretary.

Aldar has announced a partnership with Mandarin Oriental to develop Abu Dhabi's first Mandarin Oriental branded residences on Saadiyat Island. Scheduled to launch for sale later in 2024, the development will feature 228 luxury residences with panoramic views of the Arabian Gulf and Zayed National Museum. Located in the Saadiyat Cultural District, the residences will be near world-class museums, dining, and entertainment options. This collaboration highlights Abu Dhabi's growing appeal as a global destination and addresses the increasing demand for luxury branded residences.