{"id":10342,"date":"2016-04-10T23:32:50","date_gmt":"2016-04-10T16:32:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=10342"},"modified":"2016-04-10T22:02:24","modified_gmt":"2016-04-10T15:02:24","slug":"mubadala-ramps-up-leasing-of-office-space-at-al-maryah","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mubadala-ramps-up-leasing-of-office-space-at-al-maryah\/","title":{"rendered":"Mubadala ramps up leasing of office space at Al Maryah"},"content":{"rendered":"


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\nMubadala Real Estate is to restart a search for tenants at Abu Dhabi’s largest new office development, two years after leasing activity was put on hold. The Abu Dhabi-based fund said on Sunday that it would be marketing the remaining vacant office space at its 180,000 square metres Abu Dhabi Global Market Square on Al Maryah Island at this week’s Cityscape property show.Although two of the four vast office blocks in Abu Dhabi’s new financial district have been nearly fully let soon after the complex opened in 2011, leasing on the remaining two, accounting for half of the available space, was suspended in 2013 while Mubadala waited to see how new rules governing the operations of the city’s financial free zone affected tenants.
\nBut in October, the financial free zone declared itself open for business following the publication of new draft laws in January last year.This means that ADGM Square’s two final office blocks, Al Sarab and Al Khatem, which between them account for 98,000 square metres of top-grade office space, have come back to the market.The rapid increase in grade A office space is likely to further subdue Abu Dhabi office rents, which are already feeling the strain of low oil prices.
\nProperty brokers say that rents at ADGM Square stand at about Dh2,600 per sq metre – down from more than Dh3,000 at the start of the year. “Leasing opportunities for businesses interested in joining this vibrant island community are available within Abu Dhabi Global Market Square, the commercial heart of Al Maryah Island,” said Ali Eid AlMheiri, the executive director of Mubadala Real Estate and Infrastructure.
\n“With four Grade A commercial buildings comprising a total of 180,000 sq metres of premium office space situated alongside the headquarters of the international financial centre, Abu Dhabi Global Market, the island’s amenities and offerings have made this one of the most sought-after business districts in Abu Dhabi,” he said.lbarnard@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Mubadala ramps up leasing of office space at Al Maryah<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mubadala Real Estate is to restart a search for tenants at Abu Dhabi’s largest...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10342","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2GO","jetpack-related-posts":[{"id":157989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mubadala-begins-construction-of-abu-dhabi-al-maryah-waterfront-enhancement-project\/","url_meta":{"origin":10342,"position":0},"title":"Mubadala begins construction of Abu Dhabi Al Maryah Waterfront enhancement project","date":"July 21, 2025","format":false,"excerpt":"\r Abu Dhabi's Al Maryah Island will feature a 30-metre luminous sphere and AI-Powered water features\r \r Source : arabianbusiness.com\r Read more...Mubadala begins construction of Abu Dhabi Al Maryah Waterfront enhancement project","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/Mubadala-breaks-ground-on-landmark-Al-Maryah-Island-Waterfront-transformation-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":52011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eshraq-and-mubadala-team-up-for-abu-dhabi-plot-developments\/","url_meta":{"origin":10342,"position":1},"title":"Eshraq and Mubadala team up for Abu Dhabi plot developments","date":"April 16, 2017","format":false,"excerpt":"\r Eshraq Properties and Mubadala Development Company are teaming up to develop plots on Abu Dhabi's Reem and Al Maryah Islands.Eshraq said in a filing that the joint venture company would develop land plots in Abu Dhabi owned by Mubadala on Al Maryah Island and by Eshraq Properties on nearby\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":166978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-real-estate-mubadala-and-aldar-launch-16bn-expansion-of-al-maryah-island-to-double-adgm-office-space\/","url_meta":{"origin":10342,"position":2},"title":"Abu Dhabi real estate: Mubadala and Aldar launch $16bn expansion of Al Maryah Island to double ADGM office space","date":"December 10, 2025","format":false,"excerpt":"\r Mubadala and Aldar launch $16bn expansion of Al Maryah Island in Abu Dhabi, doubling ADGM office supply and adding attractions The post Abu Dhabi real estate: Mubadala and Aldar launch $16bn expansion of Al Maryah Island to double ADGM office space appeared first on Arabian Business: Latest News on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/12\/Mubadala-breaks-ground-on-landmark-Al-Maryah-Island-Waterfront-transformation-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":54827,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eshraq-properties-reports-smaller-loss-for-quarter\/","url_meta":{"origin":10342,"position":3},"title":"Eshraq Properties reports smaller loss for quarter","date":"May 15, 2017","format":false,"excerpt":"\r Eshraq Properties on Monday said its first-quarter comprehensive loss narrowed year on year as revenue rose.The developer which last month teamed up with Mubadala Development Company to develop plots on Abu Dhabi's Reem and Al Maryah Islands, said first quarter total comprehensive loss was Dh955,000 against a loss of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mubadala-eshra-consider-abu-dhabi-development-jv\/","url_meta":{"origin":10342,"position":4},"title":"Mubadala, Eshra consider Abu Dhabi development JV","date":"April 17, 2017","format":false,"excerpt":"\r Joint venture would develop plots in Abu Dhabi owned by Mubadala on Al Maryah Island and by Eshraq Properties on Al Reem Island\r \r Source : arabianbusiness.com\r Read more...Mubadala, Eshra consider Abu Dhabi development JV","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mubadala-eshraq-consider-abu-dhabi-development-jv\/","url_meta":{"origin":10342,"position":5},"title":"Mubadala, Eshraq consider Abu Dhabi development JV","date":"April 17, 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