Aldar and Expo City Dubai have formed a 50:50 joint venture to develop a mixed-use project with a value exceeding AED 1.75 billion, aimed at enhancing the region's status as a premier business and lifestyle destination.

Target Information

Aldar Properties has entered into a strategic partnership with Expo City Dubai to develop a comprehensive mixed-use project that spans six buildings, with a gross development value exceeding AED 1.75 billion. This initiative aims to integrate residential, office, and retail spaces within the Expo City framework, a testament to the area's evolving ecosystem positioned near Al Maktoum International Airport and the Dubai Exhibition Centre.

This development is part of the newly unveiled master plan for Expo City, which seeks to enhance its status as a premier destination for business, living, and recreation. The project's location will benefit from the proximity to the UAE's largest indoor exhibition venue, which is undergoing a significant expansion to accommodate a diverse array of international events.

Industry Overview in Dubai

The commercial property landscape in Dubai is experiencing robust growth, propelled by strategic initiatives aimed at positioning the emirate as a global business hub. The Dubai South region, in particular, is witnessing rapid develo