Aldar and Mubadala JV buys Masdar City Square for $250 million
Aldar and Mubadala Investment Company acquired Masdar City Square in Abu Dhabi for AED 918 million (about $250 million) via a JV formed in 2024.
UAE master developer Aldar and Mubadala Investment Company have bought Masdar City Square, a commercial complex in Abu Dhabi, for AED 918 million ($250 million), through a joint venture established in 2024. The acquisition covers more than 47,000sqm of Grade A commercial space across seven buildings.