{"id":93172,"date":"2024-10-15T13:04:42","date_gmt":"2024-10-15T09:04:42","guid":{"rendered":"https:\/\/dxboffplan.com\/?p=93172"},"modified":"2024-10-15T16:11:04","modified_gmt":"2024-10-15T12:11:04","slug":"joint-project-of-aldar-and-expo-city-dubai","status":"publish","type":"post","link":"https:\/\/dxboffplan.com\/ru\/joint-project-of-aldar-and-expo-city-dubai\/","title":{"rendered":"Aldar &amp; Expo City Dubai Launch 1.75 Billion Dirham Mega Development"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-ru\">\u0418\u0437\u0432\u0438\u043d\u0438\u0442\u0435, \u044d\u0442\u043e\u0442 \u0442\u0435\u0445\u0442 \u0434\u043e\u0441\u0442\u0443\u043f\u0435\u043d \u0442\u043e\u043b\u044c\u043a\u043e \u0432 &ldquo;<a href=\"https:\/\/dxboffplan.com\/en\/wp-json\/wp\/v2\/posts\/93172\" class=\"qtranxs-available-language-link qtranxs-available-language-link-en\" title=\"English\">English<\/a>&rdquo;, &ldquo;<a href=\"https:\/\/dxboffplan.com\/ar\/wp-json\/wp\/v2\/posts\/93172\" class=\"qtranxs-available-language-link qtranxs-available-language-link-ar\" title=\"\u0627\u0644\u0639\u0631\u0628\u064a\u0629\">\u0627\u0644\u0639\u0631\u0628\u064a\u0629<\/a>&rdquo; \u0438 &ldquo;<a href=\"https:\/\/dxboffplan.com\/fa\/wp-json\/wp\/v2\/posts\/93172\" class=\"qtranxs-available-language-link qtranxs-available-language-link-fa\" title=\"\u0641\u0627\u0631\u0633\u06cc\">\u0641\u0627\u0631\u0633\u06cc<\/a>&rdquo;. For the sake of viewer convenience, the content is shown below in this site default language. You may click one of the links to switch the site language to another available language.<\/p><p>In a big move for the UAE\u2019s growing real estate market, <a href=\"https:\/\/dxboffplan.com\/developer\/aldar-properties\/\">Aldar properties<\/a>\u2014a leading real estate company from Abu Dhabi\u2014and Expo City Dubai have announced a joint project. <mark>They\u2019re planning a mixed-use development worth 1.75 billion dirhams, located near Al Maktoum International Airport and the Dubai Exhibition Centre.<\/mark> This development is part of Dubai\u2019s larger plan to solidify its position as a global hub for business and lifestyle.<\/p>\n<h2>What\u2019s Coming: New Buildings in Expo City<\/h2>\n<p>The project will feature six buildings, becoming the heart of Expo City Dubai\u2019s new master plan. This plan is aimed at boosting the area\u2019s reputation as a go-to spot for business and living. These new buildings will be right next to the Dubai Exhibition Centre, which is currently expanding with a 10 billion dirham investment. By 2031, the exhibition space will jump from 58,000 square meters to 180,000 square meters, making it the biggest indoor venue for events in the region.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-93186 size-full\" src=\"https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/aldar-partners-with-expo-city-dubai-to-create-major-mixed-use-development-within-new-expo-city-master-plan.jpg\" alt=\"New Buildings in Expo City\" width=\"740\" height=\"370\" srcset=\"https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/aldar-partners-with-expo-city-dubai-to-create-major-mixed-use-development-within-new-expo-city-master-plan.jpg 740w, https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/aldar-partners-with-expo-city-dubai-to-create-major-mixed-use-development-within-new-expo-city-master-plan-550x275.jpg 550w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/p>\n<h2>50:50 Joint Venture to Make It Happen<\/h2>\n<p>Aldar and Expo City Dubai are going 50:50 on this joint venture, which will handle the construction and management of the development. The project will cover 103,000 square meters of residential, commercial, and retail space. After it\u2019s built, Aldar will take care of asset management to ensure the project runs smoothly and thrives over the long haul.<\/p>\n<p>The agreement was signed in the presence of Sheikh Ahmed bin Saeed Al Maktoum, a key figure in Dubai, who also chairs Expo City Dubai.<\/p>\n<h2>Turning Expo City into a Global Business Hub<\/h2>\n<p>Reem Al Hashimy, UAE Minister of State for International Cooperation and CEO of Expo City Dubai, said this joint venture highlights Expo City\u2019s dedication to innovation and sustainable growth. She called it the first of many partnerships, leveraging Aldar\u2019s experience in top-tier real estate development while keeping the legacy of Expo 2020 Dubai alive. Together, they aim to turn Expo City into a leading international business district.<\/p>\n<p>She added that the partnership is a major boost to Expo City\u2019s master plan, creating a space where businesses and people can thrive. The plan includes high-quality residential, commercial, and retail areas that complement world-class conference and exhibition spaces.<\/p>\n<h2>Sustainable Development at Its Core<\/h2>\n<p>Expo City is quickly becoming one of the region\u2019s fastest-growing areas, thanks to its prime location and fast-paced infrastructure development. Jassem Saleh Busaibe, CEO of Aldar, emphasized that this partnership is built on shared values and a long-term vision. &#171;Expo City is a key partner in our expansion in Dubai,&#187; he noted.<\/p>\n<p>Expo City Dubai is envisioned as a model for sustainable urban living, and the new development will reflect this. Both Aldar and Expo City are committed to net-zero goals, and the project will incorporate eco-friendly designs. The focus will be on green spaces, better mobility, and balanced urban growth, all aligned with Expo City\u2019s vision of a smart and sustainable city.<\/p>\n<h2>Aldar\u2019s Growing Presence in Dubai<\/h2>\n<p>This project is another big step for Aldar in Dubai, adding to its already expanding portfolio of residential, commercial, and logistics developments. Aldar recently partnered with Dubai Holding to create luxury residential communities and is working with DP World on a large logistics park. On top of that, they\u2019re planning to build a high-end office building near Dubai International Financial Centre (DIFC), strengthening their presence in the city.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-93187 size-full\" src=\"https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/sustainable-development-in-expo-city.jpg\" alt=\"Aldar\u2019s Growing Presence in Dubai\" width=\"740\" height=\"370\" srcset=\"https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/sustainable-development-in-expo-city.jpg 740w, https:\/\/dxboffplan.com\/wp-content\/uploads\/2024\/10\/sustainable-development-in-expo-city-550x275.jpg 550w\" sizes=\"(max-width: 740px) 100vw, 740px\" \/><\/p>\n<h3>Conclusion: A Strategic Move for the Future<\/h3>\n<p><strong>The strategic partnership of Aldar and Expo City Dubai<\/strong> will create a tremendous transformation in the Dubai real estate market and will directly affect <a href=\"https:\/\/dxboffplan.com\/property-for-sale-dubai\/\">the<\/a> <a href=\"https:\/\/dxboffplan.com\/property-for-sale-dubai\/\">property prices in Dubai<\/a>.This collaboration between Aldar and Expo City Dubai is a great example of how strategic partnerships can shape a city\u2019s future. The project will transform the Expo City area into a bustling hub for living, working, and shopping\u2014all while keeping sustainability and innovation front and center. It\u2019s a strong reminder of Dubai\u2019s commitment to becoming a global leader in business, lifestyle, and urban development.<\/p>\n<p>Additionally, the partnership is set to speed up Expo City\u2019s goal of creating a world-class business district, further solidifying Dubai as a top destination for international exhibitions and events. With its prime location near key transport hubs like Al Maktoum International Airport, this project will play a major role in driving Dubai\u2019s growth and global standing.<\/p>","protected":false},"excerpt":{"rendered":"<p>\u0418\u0437\u0432\u0438\u043d\u0438\u0442\u0435, \u044d\u0442\u043e\u0442 \u0442\u0435\u0445\u0442 \u0434\u043e\u0441\u0442\u0443\u043f\u0435\u043d \u0442\u043e\u043b\u044c\u043a\u043e \u0432 &ldquo;English&rdquo;, &ldquo;\u0627\u0644\u0639\u0631\u0628\u064a\u0629&rdquo; \u0438 &ldquo;\u0641\u0627\u0631\u0633\u06cc&rdquo;. For the sake of viewer convenience, the content is shown below in this site default language. You may click one of the links to switch the site language to another available language.In a big move for the UAE\u2019s growing real estate market, Aldar properties\u2014a leading [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":93184,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[348,104],"tags":[],"class_list":["post-93172","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uae"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Aldar and Expo City Dubai: 1.75 Billion Dirham Investment for Dubai&#039;s Development<\/title>\n<meta name=\"description\" content=\"With the new project by Aldar and Expo City Dubai, the opportunity to live in an area with easy access to Al Maktoum International 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