Aldar has acquired a major industrial and logistics portfolio in Abu Dhabi for AED 650 million from AD Ports Group. The deal involves 163,000 square metres of warehouse space within the KEZAD Al Ma’mourah cluster. This move brings Aldar’s total logistics portfolio to over 700,000 square metres as the company continues to capitalise on the high demand for trade and manufacturing hubs in the UAE.
A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.
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