Aldar Properties completed sales worth Dh1.9 billion in the first half of the year.
The sales were largely of land plots on Nareel Island, off the Al Bateen area of the capital, and at the Al Merief community in Khalifa City. Both areas are reserved for Emiratis.
The first phase of Aldar’s Meera residential development in Shams Abu Dhabi on Reem Island has also been fully sold following its launch last month. “We have seen very strong sales activity across our new projects in the first half of 2015,” said Mohammed Al Mubarak, the chief executive of the Abu Dhabi-based developer, in which the emirate’s government holds a 37 per cent stake.
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