Aldar and Mubadala Buy The Link in Masdar City for AED 654 Million

Aldar and Mubadala’s joint venture acquired The Link at Masdar City for AED 654 million. The asset offers about 32,000 square metres of net leasable area across five buildings and is fully leased. Key tenants include Masdar and Mohamed bin Zayed University of Artificial Intelligence. The purchase sits within a wider Aldar-Mubadala real estate partnership launched in 2024 and valued at more than AED 30 billion. The deal strengthens Abu Dhabi’s push to build Masdar City as a hub for sustainable industry, research, and advanced technology. Aldar and Mubadala expand in Masdar City A joint venture between Aldar Properties and Mubadala Investment Company has acquired The Link at Masdar City for AED 654 million, adding another income-generating asset to the two groups’ Abu Dhabi real estate platform. Aldar announced the transaction on April 21 and said the asset reinforces the partnership’s position in one of the emirate’s main districts for sustainable development and advanced technology. The property spans roughly 32,000 square metres of net leasable area across five buildings. It is fully leased and includes office, residential, and multi-use space. Aldar said the tenant mix includes Masdar and Mohamed bin Zayed University of Artificial Intelligence, which places the asset inside Abu Dhabi’s clean energy and AI ecosystem. What the asset adds The Link is not a conventional office purchase. Masdar has described the development as part of Masdar City’s wider sustainable urban plan, and earlier project materials positioned it as a mixed-use scheme designed around low-carbon operations and next-generation workspaces. That makes the acquisition strategically relevant for investors seeking assets tied to Abu Dhabi’s long-term innovation agenda, not only its property cycle. The development also adds a fully leased building into a market where occupancy quality matters as much as scale. For Aldar and Mubadala, that supports recurring income while increasing exposure to tenants l