Indian specialised real estate company ANAROCK Group has chosen Aldar as its first UAE developer partner for off-plan sales.

The partnership, which marks a significant milestone in Aldar's strategy for growing its international reach, aims to provide Indian investors with direct access to Aldar's portfolio of world-class destinations across Abu Dhabi.

This includes Mamsha Al Saadiyat, located on the beach adjacent to the capital's iconic cultural district home to the Louvre Abu Dhabi, and the much-anticipated Zayed National Museum and the Guggenheim.

Other destinations include Yas Island developments such as Mayan, Yas Acres, and Water's Edge, all of which are close to Ferrari World and Warner Bros World,

Talal Al Dhiyebi, Chief Executive Officer, Aldar Properties, said India was a very important market for Aldar and a core part of our strategy for international sales.

"Through our partnership with a leading player like ANAROCK, we aim to create a new gateway for Indian investors into the many opportunities that can be found in Abu Dhabi0," he said.

"This strategic collaboration will enable Indian buyers to benefit from the newly introduced law regarding freehold ownership of land in investment zones and visa rules for real estate investors in Abu Dhabi, which have made our destinations even more attractive to international investors.

"We look forward to working with ANAROCK and bringing our unique developments to serious buyers across India."

This is Aldar's first major partnership since the launch of its inaugural experience centre in Dubai earlier this year, also set to promote the Company's expansion globally.

It follows the recent positive reforms introduced by the UAE government with the launch of the "golden card" permanent residency scheme for foreign investors, as well as the new freehold property law in Abu Dhabi, offering foreign investors the ability to buy land on a freehold basis within investment zones in Abu Dhabi – whereas they were previously granted 99-year leasehold arrangements.

ANAROCK Group Chairman Anuj Puri said Abu Dhabi was an obvious choice for international growth.

"The favourable market environment in Abu Dhabi offers Indians a great opportunity for investment and business growth," he said.

"Partnering with Aldar, the leader in Abu Dhabi, will provide our client base in India access to some of the best properties and communities in the region.

"We look forward to introducing our clients to this fantastic opportunity for living and investing that Aldar has created in Abu Dhabi."

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