"The house" and"swap" You take on a project "The Link" In Masdar City, worth 654 million dirhams
Abu Dhabi, April 21 / WAM / Aldar Group and Mubadala Investment Company announced their acquisition of The Link project in Masdar City, as part of a strategic deal worth 654 million dirhams, in a step that reflects the acceleration of the pace of qualitative investment in sustainable assets.
The acquisition comes through their joint project, which was established in 2024, and constitutes a qualitative addition that enhances the breadth and depth of their portfolio of high-quality real estate assets, characterized by stable and sustainable returns, within one of the most advanced sustainable urban development projects in the region.
This investment also embodies the growing momentum in Abu Dhabi’s real estate and innovation ecosystem, driven by growing institutional demand and long-term solid confidence in the strength of the emirate’s economic foundations.
The Link project extends over a total area of approximately 32,000 square meters of leasable space, distributed over five buildings, and is fully leased to leading international institutions and destinations that contribute to shaping the features of the future economy, including the Abu Dhabi Future Energy Company “Masdar” and the Mohammed bin Zayed University for Artificial Intelligence.
The project includes “first-class” office space that holds the Leadership in Energy and Environmental Design “LEED” platinum certification, in addition to a main building designed to achieve zero emissions, as well as a multi-use hall and residential facilities, which enhances its position as an integrated investment asset within a highly efficient and sustainable urban environment.
Dr. Bakhit Al Kathiri, CEO of the UAE Investment Sector at Mubadala Investment Company, said that this acquisition embodies the solid conviction of the solidity of the sustainable growth path in the Emirate of Abu Dhabi, and at the same time reflects the flexibility of its economy based on innovation, noting that the partnership with Aldar Properties continues to advance efforts to expand the qualitative asset base within Masdar City, as an advanced global platform in the fields of clean energy, artificial intelligence and advanced research. He stressed that this step expresses a disciplined investment approach based on developing sustainable infrastructure capable of achieving strong returns, which supports the UAE’s climate neutrality goals and enhances economic resilience in the long term.
For his part, Talal Al Dhiyebi, CEO of Aldar Group, explained that the acquisition of “The Link” project represents a new turning point in the path of the strategic partnership with Mubadala, and reflects a firm belief in the foundations of the future growth of the Abu Dhabi real estate market, pointing out that this high-quality, fully leased asset contributes to enhancing the strength of the investment portfolio and expanding its scope, in addition to consolidating the group’s presence in one of the most prominent models of sustainable urban development in the world, based on clean energy, advanced technology and scientific research.
For his part, Ahmed Baqhoum, CEO of Masdar City, stressed that “The Link” project constitutes a strategic addition to the advanced innovation system in Masdar City, and demonstrates the pivotal role of sustainable development in stimulating economic growth and empowering sectors of the future, noting that the vision that was launched more than two decades ago continues to advance steadily, enhancing Abu Dhabi’s position as a global center for innovation and supporting the UAE’s ambitions to achieve climate neutrality.
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