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Emirates News Agency - Aldar, Mubadala to develop new commercial assets on Al Maryah Island

ABU DHABI, 30th March, 2023 (WAM) Aldar Properties and Mubadala Investment Company have signed heads of terms to develop commercial assets in Al Maryah Island, Abu Dhabi, which will be located within the capital's award-winning international financial centre and free zone Abu Dhabi Global Market (ADGM).The joint venture once finalised will contribute to ADGM’s thriving ecosystem, providing capacity for more businesses to operate from Al Maryah Island. It follows Aldar’s acquisition of the four commercial towers at ADGM from Mubadala and a subsequent deal.

Aldar, Mubadala to develop Abu Dhabi s Al Maryah Island

The joint venture once finalised will contribute to ADGM’s thriving ecosystem, providing capacity for more businesses to operate from Al Maryah Island

Aldar, Mubadala to buy premium Abu Dhabi office property

Leading UAE developer Aldar has joined hands with Abu Dhabi sovereign investor Mubadala to acquire a prime Grade A commercial office property - Al Maryah Tower - at Abu Dhabi’s premium lifestyle hub and international financial centre.

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