Abu Dhabi’s DMT and Aldar Partner to Deliver 9,000 Rental Homes

Abu Dhabi’s DMT and Aldar launch a strategic partnership to deliver 9,000 quality rental homes through integrated communities in MBZ City and Baniyas.

Key Highlights

• Department of Municipalities and Transport and Aldar Group have announced a strategic partnership to develop two integrated residential communities in Abu Dhabi.
• The partnership will deliver 9,000 value housing rental units across Mohamed bin Zayed City and Baniyas, expanding access to quality and affordable housing in the emirate.
• The developments form part of Abu Dhabi’s Value Housing Programme, supporting long-term urban development goals and enhancing residential options for a growing population.
• With a gross development value of AED2.8 billion, the projects further strengthen Aldar’s develop-to-hold pipeline, which has now reached AED20.1 billion.
• Aldar will lead the development, leasing, and management of the communities, while DMT provides long-term leasing rights over the land.
• The Baniyas development, strategically located along the Abu Dhabi–Al Ain (E22) highway, will feature more than 30 residential buildings within a mixed-use community.
• The project will include residential units, retail spaces, recreational amenities, and open green areas designed to support a balanced and community-focused lifestyle.
• The second development in Mohamed bin Zayed City will feature a mixed-use residential community with single occupancy accommodation and multi-tenant apartments.
• On-site amenities and ancillary retail spaces will support residents’ day-to-day needs, enhancing convenience and livability.
• Both communities are designed with accessibility in mind, offering direct connections to public transport and major road networks.
• The projects are scheduled for completion in 2029 and will provide a diverse mix of housing options catering to a broad range of demographics.
• The partnership reflects Abu Dhabi’s focus on creating vibrant, inclusive neighborhoods that strengthen social cohesion and support family-oriented living.
• The initiative also reinforces the emirate’s commitment to expanding quality housing supply while supporting sustainable urban growth.
• Overall, the collaboration highlights growing momentum in Abu Dhabi’s residential sector and strengthens its position as a dynamic market for long-term real estate investment.