Aldar Properties is set to deliver more than 3.5 million square metres of properties to the Abu Dhabi market over the next 18 months.
In a report published by the developer yesterday, Aldar said it expected to finish work on four major projects before the end of next year - Central Market in Abu Dhabi city centre, Yas Island and Raha Beach on the mainland and at its Al Falah scheme east of the airport, which alone would total more than 700,000 sq metres of commercial space, a 15-hectare theme park and more than 6,500 homes.
The developer, which last quarter reported a 228 per cent profits increase, said work on its Central Market scheme - which is now known as World Trade Centre Abu Dhabi - was expected to be complete by the end of next year. Its 59-storey 72,000 sq metre World Trade Centre office tower is set to open this autumn.
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