“Aldar Introduces Its First Residential Community, ‘Haven,’ in Dubai”


“Anticipated Q3-2027 Delivery for ‘Haven’: A Sprawling Dubai Community Unveiled by Aldar

Dubai, a hub of innovation and grandeur, is set to welcome ‘Haven,’ a colossal mixed-use community crafted by the renowned Abu Dhabi developer, Aldar. Positioned along Dubai’s E611 corridor, this ambitious project spans an expansive one million square meters.

With the sales launch on the horizon, ‘Haven’ will offer 462 high-end residences out of a planned total of 2,428 units. Prospective buyers will have a choice of 3-bedroom townhouses, starting at Dh2.5 million, and 3-bedroom villas, with prices beginning at Dh3.5 million. Earlier this year, Aldar made its mark in the Dubai real estate market by joining forces with Dubai Holding, ushering in the initiation of three distinct community projects.

The inaugural phase of ‘Haven’ by Aldar is scheduled to break ground in Q2-2024, with the first handovers expected in Q3-2027. This three-year delivery timeline reflects Aldar’s proven track record of punctual project completion in Abu Dhabi, assuring investors and real estate professionals alike.

Aldar’s unwavering belief in the robust demand of Dubai is underscored by the city’s ambitious plan to double its population by 2040, necessitating an increased supply of residential properties. Jonathan Emery, CEO of Aldar Development, emphasized this, stating, ‘The demand in Dubai is very much there, now and into the future.’

Aldar’s illustrious portfolio in Abu Dhabi features iconic projects such as Yas and Saadiyat Islands. The success of this approach serves as a blueprint for Aldar’s expansion into Dubai. Emery further elaborated, ‘We continue to witness sustained demand in Dubai for well-located communities, where residents can access all their essential amenities within proximity of their homes. This is the essence of Aldar’s value proposition – our ability to bring expertise in areas ranging from education and retail to leisure and hospitality.’

As these communities take shape, they are poised to rejuvenate some of the last untouched land parcels along the E311 and E611 corridors, positioning them at the heart of suburban Dubai, in close proximity to established neighborhoods and attractions.

Amidst the two highly anticipated mega-launches in Dubai this year, Aldar’s development stands shoulder to shoulder with the Palm Jebel Ali, capturing the attention of both investors and end-users. Market experts anticipate significant interest in Aldar’s community, especially given the limited availability of villas in the market.

Expanding Beyond Abu Dhabi – Aldar’s Footprint Grows Aldar’s venture into Dubai marks its second entry into a new domestic market outside of Abu Dhabi, following the acquisition of a prestigious asset portfolio in Ras Al Khaimah, including Al Hamra Mall.

Jonathan Emery, CEO of Aldar Development, remarked, “Ras Al Khaimah has displayed tremendous potential, and our recent endeavors in the emirate attest to its resounding success. In 2022, our acquisitions included notable properties like Rixos Bab Al Bahr and DoubleTree by Hilton Resort & Spa Marjan Island. The redevelopment of Al Hamra Mall is already in progress, with a phased approach set for completion in mid-2024. Aldar remains committed to exploring fresh opportunities and will continue to keep a keen eye on Ras Al Khaimah for potential expansion.”

Emery also commented on the Dubai market, saying, “Our current land holdings in Dubai, in collaboration with Dubai Holding, are robust and well-aligned with our immediate plans. However, Aldar prides itself on its forward-looking and adaptable approach. When the right opportunities arise, we will certainly consider expanding our land portfolio in Dubai.”

Unpacking the Essence of Aldar’s ‘Haven’ ‘Haven’ by Aldar in Dubai primarily features villas and townhouses, offering a diverse range of residential options. Encompassing nearly one million square meters, this vibrant community offers a range of serene amenities, including a tranquil meditation pavilion, picturesque zen gardens, and a luxurious spa, creating a haven for relaxation and wellness.

Notably, the Haven Dubai project is setting new sustainability standards, achieving LEED Gold and Fit-Well 3-Star certifications. It proudly holds the distinction of being the first community in the UAE to earn both of these prestigious sustainability certifications.”

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