Mubadala seizes on 144% stock rally to sell stake in Aldar Properties 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Mubadala sold a 12 per cent stake in Aldar to Alpha Dhabi Holding April 1, 2021 Abu Dhabi wealth fund Mubadala Investment Co. sold a $950m stake in Aldar Properties, cashing in on a surge in the developer’s shares after it was awarded contracts worth billions of dollars. Mubadala, the $232bn sovereign wealth fund, sold a 12 per cent stake in Aldar to Alpha Dhabi Holding, a name little known to investors. Mubadala will remain the largest shareholder in the company, which is the biggest developer in the United Arab Emirates, with a 25 per cent stake.