Al Maryah Island, Abu Dhabi’s premier business and lifestyle hub, is set to enter an ambitious new era. Mubadala Investment Company and Aldar Properties have unveiled plans for a massive expansion project, with combined investments exceeding Dh60 billion. This bold initiative is not just a testament to the UAE’s robust economic growth but also a reflection of Abu Dhabi’s long-term vision for world-class urban development.
Al Maryah Island has long been recognized as Abu Dhabi’s central business and lifestyle destination. The island is home to the Abu Dhabi Global Market, luxury hotels, high-end retail outlets, and entertainment venues. It has consistently attracted both international investors and tourists seeking a premium urban experience.
With the new expansion, the island aims to strengthen its reputation as a global destination for business, leisure, and luxury living. By bringing in new commercial, residential, and hospitality projects, the development will create an ecosystem that seamlessly blends work, life, and recreation.
The collaboration between Mubadala and Aldar is a powerful combination of investment expertise and development experience. Mubadala, Abu Dhabi’s sovereign wealth fund, has a long history of funding transformative projects that drive economic growth. Aldar, on the other hand, is a leading developer known for iconic projects such as Yas Island and Al Raha Beach.
Together, they are leveraging their strengths to create an integrated expansion plan for Al Maryah Island. This partnership not only brings financial muscle but also ensures that the development aligns with Abu Dhabi’s vision of sustainable urban growth.
The Dh60 billion expansion project will include multiple components designed to enhance both the commercial and lifestyle appeal of Al Maryah Island.
1. Residential Developments
Luxury residences will form a cornerstone of the expansion. New apartment complexes and high-end villas are planned to cater to affluent residents seeking a premium lifestyle. These residences are expected to offer panoramic waterfront views, state-of-the-art amenities, and sustainable designs.
2. Commercial Spaces
The island’s business district will see the addition of cutting-edge office towers, co-working spaces, and retail hubs. These new commercial spaces will not only attract multinational corporations but also support small and medium enterprises seeking a prime location in Abu Dhabi.
3. Hospitality and Leisure
High-end hotels, resorts, and entertainment venues are part of the plan, aimed at boosting tourism and hospitality revenues. The expansion is expected to draw international visitors, while offering residents new leisure options.
4. Infrastructure and Connectivity
Enhanced transportation and smart infrastructure will ensure seamless connectivity within the island and to the rest of Abu Dhabi. This includes modern road networks, pedestrian-friendly pathways, and state-of-the-art public transport systems.
The expansion of Al Maryah Island is more than just a construction project; it is a catalyst for economic growth and social development in Abu Dhabi.
Job Creation
The project is expected to generate thousands of new jobs during the construction phase and after completion. These jobs will span multiple sectors, including real estate, hospitality, retail, and professional services.
Boost to Investment Climate
By attracting global businesses and investors, the expansion will reinforce Abu Dhabi’s position as a hub for international trade and commerce. This is aligned with the UAE’s broader goal of diversifying its economy beyond oil dependency.
Enhanced Lifestyle Opportunities
Residents and visitors will benefit from new recreational, cultural, and entertainment options. The development is expected to host public spaces, parks, waterfront promenades, and cultural hubs that enrich the community experience.
A key focus of the expansion project is sustainability. Both Mubadala and Aldar are committed to integrating eco-friendly practices and energy-efficient designs into the development.
Green Building Practices
All new constructions are expected to adhere to green building standards, reducing carbon emissions and promoting environmental responsibility.
Smart City Features
The expansion will incorporate smart technologies for traffic management, energy consumption, and waste management. These features aim to improve quality of life and create a more efficient urban environment.
Waterfront Conservation
As Al Maryah Island is a waterfront destination, careful attention will be given to preserving natural habitats, improving water quality, and creating scenic public spaces along the shoreline.
The success of this project is anchored in the vision of leaders at Mubadala and Aldar. Their commitment to sustainable growth, innovation, and community enrichment has been central to Abu Dhabi’s urban development strategy.
By combining financial strength with design expertise, these leaders are ensuring that Al Maryah Island remains at the forefront of global urban development trends. The project represents a long-term investment in the city’s future, enhancing both its economic resilience and international appeal.
Al Maryah Island’s expansion aligns with the UAE’s Vision 2031, which emphasizes economic diversification, sustainable growth, and a high quality of life. By creating a globally recognized business and lifestyle hub, the island will play a crucial role in attracting international talent, investment, and tourism.
The project also demonstrates the UAE’s ability to execute mega-developments that set benchmarks for urban planning worldwide. Abu Dhabi’s model combines luxury, sustainability, and connectivity, offering a template for future city expansions across the Gulf region and beyond.
As construction progresses, Al Maryah Island is expected to emerge as one of the most prestigious destinations in the UAE. Investors, residents, and tourists alike will witness a transformation that enhances both functionality and aesthetic appeal.
The Dh60 billion investment is a long-term commitment to Abu Dhabi’s vision of a diversified, resilient, and world-class economy. With this project, the island is poised to become a symbol of ambition, innovation, and sophistication.
By 2030, Al Maryah Island could be home to thriving businesses, luxury residences, state-of-the-art leisure facilities, and vibrant public spaces, solidifying its position as the heart of Abu Dhabi’s economic and lifestyle ecosystem.
The partnership between Mubadala and Aldar marks a new chapter in Al Maryah Island’s journey. The Dh60 billion expansion project is not just about buildings; it is about creating a dynamic community that balances work, life, and recreation while setting global standards for urban development.
Al Maryah Island is on the path to becoming a benchmark for excellence in investment, sustainability, and lifestyle. Its transformation reflects Abu Dhabi’s ambitious vision for the future and reinforces the UAE’s position as a global leader in modern urban development.
With a strong focus on quality, innovation, and community well-being, the island is set to redefine what it means to live, work, and thrive in a world-class city.
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