Aldar Properties Achieves Historic LEED Platinum Certification for Athlon

Thursday, 15 August 2024

Abu Dhabi, United Arab Emirates — Aldar Properties has reached a significant milestone with its Athlon residential project in Dubai, securing the UAE’s first LEED Platinum certification for community planning and design. This achievement underscores Aldar’s leadership in sustainable real estate and highlights Athlon’s commitment to advanced, eco-friendly development.

Key Milestone: LEED Platinum Certification

LEED (Leadership in Energy and Environmental Design) certification, awarded by the U.S. Green Building Council, is a globally recognized benchmark for sustainable building practices. Athlon’s certification reflects:

Human-Centered Design: Emphasizing social cohesion and sustainable living practices.
Resilient Building Design: Setting new standards for eco-friendly community planning in the region.

Faisal Falaknaz, Group Chief Financial and Sustainability Officer at Aldar, stated:

“Athlon’s designation as the first LEED Platinum community in the UAE sets a new standard for sustainable real estate design in the region. This achievement is a key element of our net zero goal and demonstrates our commitment to exceeding customer and investor expectations.”

Sustainable Features of Athlon

Athlon’s design incorporates numerous features aimed at promoting sustainability and environmental stewardship:

Energy and Water Conservation:
- Energy-Efficient Fixtures: Cutting-edge systems to reduce energy consumption.
- Water-Saving Technologies: Advanced fixtures to conserve water.
Smart Waste Management:
- Efficient Systems: Intelligent waste management solutions.
Eco-Friendly Transportation:
- Electric Vehicle Charging Stations: Supporting sustainable travel.
- Bike Lanes and Covered Walkways: Encouraging environmentally friendly transportation.
Sustainable Materials:
- Low-Carbon Materials: Utilization of locally produced, low-carbon construction materials.
Green Spaces and Wellness Facilities:
- Parks and Green Areas: Located within half a mile of each villa.
- Sports and Exercise Areas: Designated spaces for healthy living.
Fitwel Certification:
- Two-Star Rating: Recognizing Athlon’s commitment to promoting health and wellness.

Commercial Success and Market Impact

Athlon’s Launch:
- May 2024: Rapid sales with over 1,000 villas and townhouses sold within 48 hours.
- Revenue Generated: AED 4.1 billion, showcasing strong market interest and success.

About Aldar Properties

Aldar Properties is a leading real estate developer, manager, and investor with a growing presence in the UAE and internationally:

Business Segments:
- Aldar Development: Managing a 69 million square meter landbank and overseeing major housing and infrastructure projects.
- Aldar Investment: Over AED 37 billion in assets across retail, residential, commercial, logistics, and hospitality sectors.
Global Presence:
- International Projects: Includes London Square in the UK and SODIC in Egypt.

For more information, visit www.aldar.com .

About Dubai Holding

Dubai Holding is a multinational investment firm with operations spanning over 30 countries and employing over 40,000 people. The firm has significantly contributed to Dubai’s economic growth and diversification: