Construction & Real Estate

Aldar teams up with Mubadala to acquire Masdar City Square for $250m

Abu Dhabi business groups Aldar and Mubadala Investment Company have joined hands to acquire Masdar City Square, a premium complex located near Zayed International Airport for AED918 million ($250 million). The project, which got competed in Q1, boasts over 47,000 sqm of net leasable area across seven office buildings. ...

Construction & Real Estate

Portville starts early handover of 111-unit Masdar City development

Portville Real Estate said it has started handing over residential units at its key Ville 11 project in Masdar City after receiving a building completion certificate from the Abu Dhabi authorities. The premium development features 111 residential units, including apartments, duplexes and triplexes. ...

Construction & Real Estate

Burtville unveils Masdar City’s premium residential development

Burtville Developments has announced the launch of its premium branded residential development - Bab Al Qasr Garden Residences 65 - in Masdar City. Spanning over 310,000 sq ft, the Abu Dhabi project will boast a mix of one- to five-bedroom apartments, including duplexes and sky villas. ...

Construction & Real Estate

Aldar, Mubadala acquire 'The Link' at Masdar City for $178m

Leading Abu Dhabi entities - Aldar and Mubadala Investment Company (Mubadala) - have completed the acquisition of The Link at Masdar City for AED654 million ($178 million). A premium landmark, The Link comprises 32,000 sq m of net leasable area across five buildings. ...

Construction & Real Estate

U+A lands lead design consultancy contract for Masdar City project

U+A, a part of Egis Group, and a leading architecture and design firm, has secured the lead design consultancy contract for Fay Gardens, the largest sustainable villa community within Masdar City featuring 130 low-rise villas with a mix of four- to six-bedroom units. ...

Construction & Real Estate

Taraf, Masdar City to launch 153-acre residential masterplan in Abu Dhabi

Taraf, the real estate division of Yas Holding, and Masdar City, Abu Dhabi’s pioneering sustainable urban district, are joining forces to develop Fay Hills, a 153-acre residential masterplan designed around sustainability, wellness, and human-centred living. ...