According to The National, Aldar plans to launch a sizeable villa and townhouse community in Dubai before the end of 2026. The project is being developed within its joint venture with Dubai Holding and sits along the route of the planned Dubai Metro Blue Line extension. The number of units and the project value have not been disclosed.
It will be Aldar's fourth Dubai project, following The Haven, Athlon and The Wilds. The partnership with Dubai Holding dates back to February 2023, when Aldar entered the Dubai market. The first homes at The Haven, near Dubailand, are due to be handed over in 2027.
Earlier this year the two partners expanded the joint venture with two plots: a 4 million square metre site opposite Nad Al Sheba and a plot on Palm Jebel Ali. Together these are expected to deliver almost 14,000 homes.
The announcement comes against the backdrop of a calmer market: The National refers to Cavendish Maxwell figures showing Dubai home sales value in the third quarter was 47% lower than a year earlier. Aldar itself expects to hand over more than 3,000 units in 2026 and up to 4,500 in 2027.
