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Aldar-Mubadala JV acquires Masdar City Square for AED 918 million

PUBT·09/16/2026 12:13:14
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Aldar-Mubadala JV acquires Masdar City Square for AED 918 million
  • Aldar acquired Masdar City Square with Mubadala for AED 918 million via their 2024 joint venture.
  • Deal lifts the JV’s Masdar City portfolio to AED 4.7 billion across commercial and residential assets.
  • Masdar City Square offers more than 47,000 sqm of Grade A offices across seven buildings completed in Q1 2026.
  • Complex is 99% occupied, supporting near-term rental income visibility for the JV.
  • JV now holds about 158,000 sqm of net leasable commercial space, weighted average unexpired lease term about 5.2 years.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ALDAR Properties PJSC published the original content used to generate this news brief on September 16, 2026, and is solely responsible for the information contained therein.