Office space in Masdar City
Masdar City, Abu Dhabi’s innovation ecosystem, is a sustainably designed, low-carbon mixed-used development located 17 kilometres southeast of Abu Dhabi and next to the city’s international airport.
A growing education and business hub, Masdar City is home to Masdar Institute for Science and Technology, a research-based graduate university. Businesses located in the City include the Middle East headquarters of Siemens; offices of multinational firms including GE, Lockheed Martin, Siemens, Schneider Electric and Mitsubishi Heavy Industries; and an investment zone that hosts over 270 start-up businesses. Masdar City is also home to the new headquarters of the International Renewable Energy Agency, the first intergovernmental organisation based in the Middle East.
Growing in incremental stages, future plans for the City include residential complexes, schools, and a hotel.
What is Masdar City?
Masdar City is a commercially viable development that delivers the highest quality living and working environment, with a regional and global model for sustainable urban development.
Showcasing integrated residential and commercial zones that feature restaurants and cafes, alongside extensive leisure and entertainment facilities, Masdar City offers a unique, environmentally friendly, living environment.
The development’s pedestrian-friendly design looks to encourage a healthier and more active lifestyle, with amenities easily accessible on foot or via public transport, while communal areas have been intelligently designed and landscaped to provide natural shading and air temperatures cooler than that of downtown Abu Dhabi.
Strategically located five minutes from Abu Dhabi International Airport, 20 minutes from downtown Abu Dhabi and 45 minutes from Dubai, this prime location has attracted global companies such as the National Bank of Abu Dhabi, Siemens, GE and Lockheed Martin; technology and research companies; small and medium enterprises; and start-ups.
IRENA Headquarters Building
The 32,000 m2 IRENA Headquarters building is home to The International Renewable and Energy Agency (IRENA), the fastest-growing intergovernmental agency in the world and first with its headquarters in the Middle East. The building consumes 50% less water and 42% less energy than similar conventional office buildings in Abu Dhabi. A 1,000 m2 solar rooftop installation generates more than 10% of the building’s power demand.
The Incubator Building
Home to over 270 companies, this hub for innovation and entrepreneurs offers businesses of all sizes unique, convenient and flexible office solutions.
The Incubator Building and is strategically located adjacent to Masdar Institute. Due to its close proximity to the Institute, this building is a wellspring for entrepreneurs and innovators who are looking to develop partnerships with the Institute. The flexible floor plates provide start-up and SMEs the flexibility to configure their space to suit their needs. This grade “A” office space also offers tenants the latest in ICT infrastructure technologies.
Benefits of relocating to Masdar City
Providing onshore and investment zone working opportunities, Masdar City meets the needs of potential tenants conducting business in Abu Dhabi and the UAE.
The one-stop-shop business centre allows companies the use of the following services:
- Shared reception services: fax, photocopying and printing
- Conference centre facilities and meeting rooms
- Housekeeping, maintenance and pantry facilities
- IT services - telephone set up and shared internet
- 24-hour security and building access and many more services online via the one-stop-shop portal.
The Masdar investment zone has made it as simple as possible to set up a business in three easy steps and within five working days.
- Quick and easy set up with a one-stop-shop for registration, government relations and fast-track visa processing
- Zero per cent import tariffs
- Zero per cent taxes on companies and individuals
- No restrictions on capital movements, profits or quotas
- 100% foreign ownership
- No currency restrictions
- Hiring of expatriate staff
- Gateway to the vibrant market opportunities of the Middle East and Asia
- Outstanding logistics network incorporating air, sea, road and eventually rail
- A safe, friendly working environment
- A high quality of life
- The opportunity to maximise corporate social responsibility objectives
- Strong IP protection framework
To understand more on the business setup, the transparent process of completing your application and associated costs, including rental, please don’t hesitate to contact contact Knight Frank.