📋 Tender Overview
Scope of Work:
To Develop an office tower on Al Maryah Island within the international financial centre and freezone Abu Dhabi Global Market (ADGM).
Description:
Two of Abu Dhabi’s biggest firms have entered into a partnership to develop commercial assets. Mubadala and Aldar have signed heads of terms to develop an office tower on Al Maryah Island within the international financial centre and freezone Abu Dhabi Global Market (ADGM). Aldar will hold a majority stake in the joint venture at 60 percent, Mubadala will hold the remaining 40 percent.
Located in Abu Dhabi Global Market (ADGM) on Al Maryah Island, the commercial office will have a total net leasable area of 63,000 square metres. The office tower is expected to reach full construction completion at the end of 2026. The tower will have a total net leasable area of 63,000 square meters and aims to be LEED Gold certified. The commercial space will offer micro-offices, multi-tenanted floors and single-tenanted floors.
