{"data":{"id":"a2d6a825-23f1-4eb2-b65c-8fe0e4dd8512","type":"article","translation_group_id":"a2d6a825-2256-484a-a247-1a788be2759e","language":"en","content_type":"announcement","title":"Aldar\u2013Mubadala JV buys Masdar City Square for AED 918 million","dek":"Aldar and Mubadala\u2019s joint venture acquired Masdar City Square for AED 918 million, lifting their Masdar City portfolio to about AED 4.7 billion, according to an ADX disclosure.","slug":"aldar-mubadala-acquires-masdar-city-square-16-sep-2026","published_at":"2026-09-16T08:12:47+00:00","updated_at":"2026-09-16T08:12:47+00:00","primary_category":{"id":"6","type":"category","key":"real-estate","name":"Real Estate","slug":"real-estate","summary":"Developers, REITs, land deals, and property-cycle stories in the UAE and GCC.","seo_title":"Real Estate News | Capital Wire","meta_description":"Developers, REITs, land deals, sales launches, and property-cycle stories across the UAE and broader GCC real estate markets."},"featured_media":{"id":"a2d6acaf-015e-4c11-99b0-42b04f9c6ad2","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/066ab07c5719908161358700d0424a80f636f25d5199c5128586ad0391eac7b8.webp","mime":"image\/webp","srcset":null,"width":640,"height":360,"alt":"Aldar\u2013Mubadala JV acquires Masdar City Square \u2014 ADX CDN 5485007","caption":null,"credit":"ADX disclosure \/ Aldar Properties","license":"operator-supplied","ai_generated":false},"entities":[{"id":"a2d6a680-fd6d-4736-8899-119b6f8ec48f","type":"entity","entity_type":"company","collection":"companies","name":"Aldar Properties PJSC","slug":"aldar-properties-pjsc","ticker":"ALDAR","is_primary":true}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":null,"key_points":[],"body":[{"type":"paragraph","text":"Aldar Properties PJSC and Mubadala Investment Company have jointly acquired Masdar City Square for AED 918 million through their joint venture established in 2024, according to a disclosure dated 16 September 2026."},{"type":"paragraph","text":"The deal expands the partners\u2019 income-generating real estate portfolio in Masdar City to about AED 4.7 billion. Masdar City Square comprises more than 47,000 square metres of Grade A commercial space across seven office buildings."},{"type":"paragraph","text":"Completed in the first quarter of 2026, the complex is 99% occupied. It holds LEED Platinum and WELL Gold certifications. Tenants include TAQA, the Department of Energy, Emirates College and Mohamed bin Zayed University of Artificial Intelligence."},{"type":"paragraph","text":"The acquisition deepens the joint venture\u2019s presence in Masdar City, which Aldar and Mubadala described as a hub for clean energy, artificial intelligence and sustainable urban development."},{"type":"paragraph","text":"According to an Aldar Properties disclosure filed with the Abu Dhabi Securities Exchange dated 16 September 2026."}],"seo":{"seo_title":"Aldar\u2013Mubadala JV buys Masdar City Square for AED 918 million","meta_description":"Aldar and Mubadala\u2019s joint venture acquired Masdar City Square for AED 918 million, lifting their Masdar City portfolio to about AED 4.7 billion, according to an ADX disclosure.","og_title":"Aldar\u2013Mubadala JV buys Masdar City Square for AED 918 million","og_description":"Aldar and Mubadala\u2019s joint venture acquired Masdar City Square for AED 918 million, lifting their Masdar City portfolio to about AED 4.7 billion, according to an ADX disclosure.","social_image":{"id":"a2d6acaf-015e-4c11-99b0-42b04f9c6ad2","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/066ab07c5719908161358700d0424a80f636f25d5199c5128586ad0391eac7b8.webp","mime":"image\/webp","srcset":null,"width":640,"height":360,"alt":"Aldar\u2013Mubadala JV acquires Masdar City Square \u2014 ADX CDN 5485007","caption":null,"credit":"ADX disclosure \/ Aldar Properties","license":"operator-supplied","ai_generated":false}},"secondary_category":null,"topics":[{"id":"1","type":"topic","key":"adx","name":"ADX","slug":"adx","summary":"Abu Dhabi Securities Exchange listings, filings, index moves, and market-structure developments.","seo_title":"ADX Market News | Capital Wire","meta_description":"Coverage of Abu Dhabi Securities Exchange listings, corporate filings, index moves, and ADX market-structure news for investors."}],"tags":[{"id":"18","type":"tag","key":"acquisition","name":"acquisition","slug":"acquisition"}],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a2d6a825-250c-4e2a-a30d-ed72f76f8707","url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5485007","publisher":"ADX Disclosures","title":"ADX \u2014 Aldar Mubadala Masdar City Square","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5485007","source_id":"a2d6a050-b97e-493b-b596-2ddcabbad320","label":"ADX \u2014 Aldar Mubadala Masdar City Square","publisher":"ADX Disclosures"}],"corrections":[],"translations":[{"language":"ar","slug":"aldar-mubadala-acquires-masdar-city-square-16-sep-2026","published_at":"2026-09-16T08:12:47+00:00","is_current":false},{"language":"en","slug":"aldar-mubadala-acquires-masdar-city-square-16-sep-2026","published_at":"2026-09-16T08:12:47+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"9b723f1d-dada-4ba0-94c8-5850be545989","locale":"en"},"errors":[]}