ABU DHABI, 8th February, 2022 (WAM) Aldar Properties (Aldar) announced today, that contracts awarded across its development projects in 2021 reached more than AED8.5 billion.
The volume and value of work undertaken by Aldar in 2021 highlights an economic rebound in Abu Dhabi following the impact of the pandemic in 2020 and a boost to the emirate as a destination to live, work, and play.
Sixteen contracts were awarded spanning infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi. They were awarded to 14.
Leading UAE developer Aldar Properties has announced that 16 contracts worth more than AED8.5 billion ($2.3 billion) had been awarded in 2021 spanning several infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi.
The contracts, which include projects within Aldar’s owned and managed portfolio will see a range of residential units, retail spaces, mosques, new and upgraded road.