Aabar Properties LLC was founded in 2010 as well as is a part of Aabar Investments PJS, which was formerly held by the International Petroleum Company. The main business takes pleasure in its excellence, which is evident in its developments and specializes in both building and handling investments in the Real Estate industry. As a result of restructuring, purchased it later in 2016.
Aabar Property's present concentration remains in Abu Dhabi, despite its expansion into Dubai and other global locations including Morocco and Jordan. Several projects are being developed by Aabar Properties in support of "Abu Dhabi's Vision 2030". Aabar Properties employs 30 people, all of whom have prior experience in various facets of the real estate industry, and its headquarters are situated in Abu Dhabi.
Aabar Properties is a prominent developer of properties that are commercial as well as residential. One of their most well-known projects is Bay Tower, a 46-story residential complex with apartments ranging in size from two to five bedrooms that is situated close to Marina Mall on Corniche Street and offers views of the sea. There are 136 apartments in the residential tower, each with a designated parking space, a pool, a children's play area, and other shared amenities. The building is close to schools, medical centers, & a nursery, among other essential facilities. The annual rental cost starts at USD 28,500.