Aldar Properties bought Abu Dhabi commercial tower

Aldar Properties bought Abu Dhabi commercial tower

  • AX News
  • Aldar Properties bought Abu Dhabi commercial Al Maryah Tower

Aldar Properties bought Abu Dhabi commercial Al Maryah Tower in $122.5 million deal.

Together with Abu Dhabi's sovereign wealth fund Mubadala Investment Company. Al Maryah Aldar and Mubadala will take ownership of 25-storey class A office and parking with 1,000 spaces.

Average rent in November increased by 27.6% from November 2021

  • Apartments – by 27.6%
  • Villas – by 25.4%

According to global commercial real estate services, CBRE. In November 2022 average rental prices:

  • Apartments – $25,400
  • Villas – $75,800

Leading areas in terms of average rental price was Palm Jumeirah:

  • Apartments – $66,200
  • Villas – $267,400
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