Aldar Properties will develop thousands of “affordable” residential units in Abu Dhabi to bolster its develop-to-hold pipeline.
The 9,000 units will be part of two integrated communities in Mohamed bin Zayed City (MBZ City) and Baniyas, which are being developed in partnership with Abu Dhabi’s Department of Municipalities and Transport (DMT), the UAE state-run Wam news agency reported.
Under a “value housing programme”, Aldar will lead the development, leasing and management of the communities, with DMT granting long-term…
