03/04/2018 05:49 AST

?Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, has appointed Trojan General Contracting as the main contractor for Water's Edge, its latest waterfront development on Yas Island.

The Dh1.3-billion ($354 million) contract follows the award of the early works package to Dutch Foundation, who commenced work on site in February this year, said a statement from Aldar.

Located on Yas Island's Eastern shores, Water's Edge comprises studios, one-, two-, three-bedroom apartments. It offers home owners the complete outdoor lifestyle with pedestrian access to all amenities including a waterfront promenade with multiple dining and retail options.

It also features private courtyards with spacious landscaped areas, pools, multipurpose courts and a mosque, stated the Abu Dhabi developer.

Residents will benefit from the abundant attractions that make Yas Island the most exciting destination in Abu Dhabi. The development lies adjacent to the upcoming Sea World theme park, and a five-minute walk from Yas Mall, Ferrari World and the Yas Marina Circuit, it added.


Trade Arabia

Aldar to develop $1bn residential communities in Yas Island

30/10/2025

Leading UAE developer Aldar has announced a series of develop-to-hold projects located at Al Shamkha, Yas Island worth AED3.8 billion ($1.03 billion).

These developments, spread across the r

Trade Arabia

Aldar reports Dh6 bln net profit in first nine months of 2025, marking 30% growth

29/10/2025

Aldar Properties on Tuesday reported that net profit after tax for the first nine months of 2025 surged 30 per cent year-on-year to Dh6 billion. The growth was driven by strong results across its dev

Khaleej Times

Aldar unveils The Row Saadiyat in Abu Dhabi's Cultural District

24/10/2025

Aldar has announced the launch of The Row Saadiyat, a boutique residential and lifestyle quarter located within Saadiyat Cultural District, offering residents an exclusive address overlooking the Zay

Gulfnews

Ticker Price Volume
ALDAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
EMAAR 14.65 0.25 (1.73%)
EMAARDEV 15.10 0.40 (2.72%)
ERES 1.13 -0.01 (-0.88%)
MABANEE 1,001.00 1.00 (0.10%)
TECOM 3.27 0.00 (0.00%)
Presight Q3 revenue up 15.3%; firm accelerates global expansion

14/11/2025

Presight AI Holding, a leading Abu Dhabi-based global big data analytics company powered by AI, has reported another period of strong performance for the third quarter driven by robust international

Trade Arabia

Abu Dhabi Islamic launches debut AED-denominated sukuk for investors

14/11/2025

Abu Dhabi Islamic Bank (ADIB), in collaboration with the Ministry of Finance, has launched the first UAE Dirham-denominated sovereign sukuk for individual investors via the ADIB Smart Sukuk Platform.

Trade Arabia

Al Salam Bank delivers record profitability in Q3

14/11/2025

Al Salam Bank has announced record profitability for the nine months ended September 30, marking another milestone in its transformation into one of the region's leading and fast-growing financial gr

Trade Arabia

flynas launches "Saudi Experiences" to boost tourism, support communities

14/11/2025

flynas, a low-cost airline in the Middle East, announced the launch of the "Saudi Experiences" initiative. This is in collaboration with the Saudi Tourism Authority.

The announcement was mad

Trade Arabia

Adnoc Gas records Q3 net income of $1.3bn, up 8pc

14/11/2025

Adnoc Gas has announced its Q3 2025 results, achieving the highest third quarter net income in its history at $1.34 billion, an 8 per cent increase year-on-year.

Year-to-date net income reac

Trade Arabia