Built to inform

Sign up for the daily newsletters

No, Thank you

Video: Everything you need to know about the UAE's $8bn Aldar-Emaar JV

Watch this video for more details about the JV's first two projects in Abu Dhabi and Dubai, as well as its long-term strategy

Abu Dhabi's Aldar Properties and Dubai's Emaar Properties have created a joint venture (JV) worth $8.1bn (AED30bn).

The newly formed JV will initially build a project each in Abu Dhabi and Dubai, and its pipeline also includes international projects.

An agreement was signed between Emaar chairman, HE Mohamed Alabbar, and Aldar chairman, HE Mohamed Khalifa Al Mubarak, to formalise the partnership.

Vice President and Prime Minister of the UAE and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, and Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, HH Sheikh Mohamed bin Zayed Al Nahyan, attended the signing ceremony.

The following video reveals additional details of the JV's planned UAE projects, as well as the long-term benefits that are expected from the partnership.

Most popular


New category open for consultancies at CW Awards 2019 in Dubai
Sub-Consultancy of the Year to be crowned for the first time at the gala ceremony


Leaders UAE 2019: Pinsent Masons confirmed as Gold Sponsor
Law firm is among the major construction industry players confirmed as sponsors for Leaders UAE's
Leaders in Construction UAE Summit returns in Sept 2019
Dubai conference to see top officials discuss the people, trends, and challenges that will power

Latest Issue

Construction Week - Issue 747
Aug 03, 2019