The historic joint venture was signed by Chairman of Aldar Properties, HE Mohamed Khalifa Al Mubarak, and Chairman of Emaar Properties, HE Mohamed Alabbar.
...
Emaar and Aldar work together to launch joint projects worth up to AED 30 billion
Dubai-listed Emaar and Abu Dhabi-listed Aldar will together on a mixed-used development on Abu Dhabi’s Saadiyat Island and on Emaar Beachfront in Dubai.
The decision of whether to purchase a freehold or leasehold property will be based on whether the purchaser is comfortable with the idea of not owning the land, and only owning rights to the property for a limited amount of time.
