Abu Dhabi: Aldar Properties and Mubadala Investment Company have commenced construction on One Maryah Place, a premium commercial development located on Al Maryah Island, Abu Dhabi’s leading business and lifestyle hub.
Set within the Abu Dhabi Global Market (ADGM) free zone, the two-tower Grade A office complex will deliver approximately 98,000 square meters of high-quality office space. The project aspires to meet growing demand from global corporations and financial institutions seeking a foothold in the region’s top financial center.
One Maryah Place’s design features an indoor walkway connecting the two towers, ground-floor retail units, a flagship rooftop dining venue, and a mosque. With five levels of basement parking offering nearly 2,200 spaces, future tenants will appreciate direct access to key areas of the city, including Al Reem Island and Saadiyat Island.
Jassem Saleh Busaibe, CEO of Aldar Investment, highlighted the rising demand for premium office spaces in ADGM, placing Al Maryah Island as a prime goal for international corporations. Busaibe stated that, “One Maryah Place will demand businesses seeking to either enter Abu Dhabi or relocate to a top-tier space.”
Khalifa Al Romaithi, Executive Director of UAE Real Estate and Infrastructure at Mubadala, highlighted the sustainable design of the development, targeting LEED Gold certification and an Estidama 3 Pearl rating.
This strategic collaboration reflects Aldar’s strong market expertise and Mubadala’s commitment to supporting Abu Dhabi’s long-term economic growth. Upon completion, One Maryah Place will bind Aldar’s investment portfolio, which includes $7.35 billion (AED 27 billion) of income-generating assets.