Mubadala and Aldar launch Dhs60bn joint venture to expand Al Maryah Island

Abu Dhabi financial district set for AED60bn expansion through JV

Property in Al Maryah is in high demand due to the influx of international investors and professionals The post Abu Dhabi financial district set for AED60bn expansion through JV appeared first on Investment International.

Mubadala and Aldar to invest over Dh60 billion in Al Maryah Island expansion

In order to strengthen Abu Dhabi’s standing as the “Capital of Capital,” sovereign investor Mubadala Investment Company and real estate developer Aldar declared on Monday that they would invest more than Dh60 billion to build Al Maryah Island. With 1.5 million square meters of new commercial, residential, retail, and hospitality space, the project will further elevate Al Maryah Island’s unique blend of luxury living and international business wh…

Mubadala and Aldar Expand Al Maryah Island with AED 60bn

Mubadala Investment Company, an Abu Dhabi sovereign investor, and Aldar have launched a landmark joint venture to expand Al Maryah Island, unlocking the next phase of growth in the international financial district and further enhancing Abu Dhabi’s global position as the “Capital of Capital”. With a gross development value exceeding AED 60 billion, the north side of Al Maryah Island holds the final undeveloped bank of land, which spans almost 500…

Mubadala and Aldar launch Dhs60bn joint venture to expand Al Maryah Island

At the core of the development is a major enhancement of Abu Dhabi Global Market (ADGM) The post Mubadala and Aldar launch Dhs60bn joint venture to expand Al Maryah Island appeared first on Gulf Business.