Aldar was established in 2004, and listed on Abu Dhabi Stock Exchange(ADX). Aldar specializes in property development and management, real estate asset management and adjacent businesses. One of the most well-known developments by Aldar is Yas Island. Also, the development of Ferrari World and Yas Marina circuit on the island. In 2013, Aldar merged with Sorouh Real Estate PJSC ("Sorouh")