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Aldar and Mubadala Seal AED 654M Deal for The Link in Masdar City

Aldar and Mubadala Seal AED 654M Deal for The Link in Masdar City

Post by : Bianca Haleem

Aldar Properties and Mubadala Investment Company have successfully finalized the acquisition of The Link at Masdar City through their collaboration established in 2024. This significant transaction is valued at AED 654 million and enhances their portfolio of premium, revenue-generating assets.

This acquisition underscores the increasing investment activity within Abu Dhabi's real estate and innovation sectors, driven by robust institutional interest and confidence in the emirate's long-term economic trajectory.

The Link comprises approximately 32,000 square meters of net leasable space across five buildings, fully leased to prominent global and forward-thinking organizations, including Abu Dhabi Future Energy Company (Masdar) and Mohamed bin Zayed University of Artificial Intelligence.

This development features Grade A LEED Platinum-certified office environments, a net-zero energy headquarters, a multi-purpose hall, and residential units, positioning it as a vital component of Masdar City’s integrated and sustainable framework.

Dr. Bakheet Al Katheeri, CEO of Mubadala’s UAE Investments Platform, stated that this agreement demonstrates robust confidence in Abu Dhabi’s future growth and its innovation-focused economy. He emphasized that this investment aligns with Mubadala’s commitment to supporting sustainable infrastructure while ensuring favorable financial returns and aiding the UAE’s Net Zero ambitions.

Talal Al Dhiyebi, Group CEO of Aldar, remarked that the acquisition bolsters the company’s investment portfolio and strengthens its alliance with Mubadala. He highlighted that this asset enhances exposure to a globally acknowledged hub for clean energy, cutting-edge technology, and research.

Ahmed Baghoum, CEO of Masdar City, described The Link as a crucial enhancement to the city’s growth, advocating for the vision of merging sustainability with economic development and future industries, thereby reinforcing Abu Dhabi's status as a global innovation center.

April 21, 2026 1:20 p.m. 1761
Global News Business News Economy Business & economy

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