Property
May 14, 2026
Aldar Properties, Abu Dhabi’s biggest listed developer, has acquired a residential development in Dubai for Dh1.1 billion ($300 million), as it continues to expand its rental portfolio across the Emirates.
The deal with SRG for its Dubai Studio City development is aimed at strengthening Aldar’s recurring revenue streams, the company said in a stock exchange filing to Abu Dhabi Securities Exchange, where its shares are traded.
The acquisition highlights Aldar’s growing focus on building stable long-term rental income in Dubai, where strong population growth and rising housing demand are attracting institutional investors to the emirate’s residential property market.
