Aldar, Mubadala Capital JV To Bridge Regional Opportunities With International Capital

The new collaboration between the two Abu Dhabi heavyweights combines Aldar’s market-leading real estate investment and development expertise with Mubadala Capital’s institutional fund management capabilities and global investor network.

Aldar Capital will offer professionally managed funds for institutional investors, including sovereign wealth funds, pension funds, fund of funds, insurance companies and family offices.

Abu Dhabi firms form Aldar Capital

The new company will be headquartered in ADGM and structured with an independent governance framework. Aldar Capital promises clear oversight, transparency, and investor alignment.

Aldar Capital’s first fund, expected to be launched in 2026, will target a size of US$1 billion.

Talal Al Dhiyebi, Group Chief Executive Officer of Aldar, commented: “In the UAE and wider region, real estate sits at the heart of one of the world’s most compelling growth stories – built on strong fundamentals, sustained investment, and expanding populations. Today, the market has the scale, maturity, and transparency that the global institutional investors seek.

“The launch of Aldar Capital will be a defining milestone for Aldar, creating a dedicated investment management platform that transforms our business from a regional real estate leader into a manager of global capital. Leveraging Aldar’s real estate expertise and Mubadala Capital’s global network, Aldar Capital will enable international investors to access the region’s next wave of growth and reinforces Abu Dhabi’s role as a leading hub for institutional investment.”

UAE giants grow global asset presence

Aldar has over AED47 billion (US$12.8 billion) of real estate assets under management and presence in every real estate sector – commercial, retail, residential, logistics and hospitality asset classes. The company has a long-standing record of partnering with global investors, including Apollo Global Management, The Carlyle Group, and Ares Management Corporation to structure and deploy capital into high-quality real estate opportunities.

Mubadala Capital, the alternative asset management subsidiary of Mubadala Investment Company, manages, advises, and administers over US$430 billion in assets through its asset managers and strategic partnerships. It serves as a long-term partner to global institutional investors seeking access to distinctive opportunities across developed and emerging markets.

Hani Barhoush, Chief Executive Officer of Mubadala Capital, added: “Institutional investors are increasingly prioritising real assets for their diversification benefits and long-term income potential, yet access to institutional-grade opportunities in the UAE and GCC has been limited.

“Aldar Capital will address this gap by offering a transparent, professionally managed platform built to global standards and underpinned by deep, historical regional expertise and track record. Bringing together Mubadala Capital’s global investment reach and investor network with Aldar’s on-the-ground real estate leadership, the platform will reflect Abu Dhabi’s evolution as a nexus for global capital and the growing confidence of investors in the region’s governance, growth, and long-term potential.”

Aldar Capital will also strengthen Abu Dhabi’s position as a leading hub for institutional investment and support the acceleration of non-oil economic growth. By mobilising institutional capital into productive sectors, the firm will contribute to GDP diversification, employment creation, and sustainable development.

Welcoming Aldar Capital to ADGM, Arvind Ramamurthy, Chief of Market Development, said: “Aldar Capital reflects the continued evolution of Abu Dhabi as a global centre for long-term, institutional capital. By establishing this platform within ADGM’s internationally recognised regulatory framework, Aldar and Mubadala Capital are reinforcing the Emirate’s position as a trusted destination for real asset investment.”