Aldar Properties has completed the sale of a residential building at Mamsha Gardens, a property located on Saadiyat Island in Abu Dhabi, UAE, to Gaw Capital Partners for $150 million.
It marks GAW Capital’s first investment in the UAE.
Developed by ALDAR, Mamsha Gardens is a low-density project featuring seven residential buildings in the culturally rich Saadiyat Cultural District, known for its world-class museums such as Louvre Abu Dhabi and teamLab Phenomena, as well as the soon-to-be-completed Guggenheim Abu Dhabi, Zayed National Museum and Natural History Museum. The development is also surrounded by premium educational institutions, luxury resort hotels, and golf and beach clubs.
The property, expected to be completed in 2028, comprises 71 units with a total saleable area of 176,046 square feet. The residential units, ranging from one- to three-bedroom apartments and two- to three-bedroom townhouses, offer private terraces with views of beautifully lands
