Aldar Sells Mamsha Gardens Building to Hong Kong’s Gaw Capital for $160M

In a landmark cross-border investment deal, Aldar Properties has announced the sale of a residential building at Mamsha Gardens to Gaw Capital Partners, a leading Hong Kong-based real estate private equity firm, for AED 586 million (approximately USD 160 million).

The acquisition marks a significant international vote of confidence in Abu Dhabi’s high-end residential market and highlights the increasing global appetite for premium lifestyle communities in the emirate.

Global Capital Eyes Saadiyat

Located in the heart of Saadiyat Island’s Cultural District, Mamsha Gardens is one of Aldar’s most sought-after developments. Known for its contemporary design, walkable beachfront location, and proximity to cultural landmarks such as the Louvre Abu Dhabi and Guggenheim Abu Dhabi (under construction), Mamsha Gardens has rapidly attracted local and international investors alike.

The sold building is fully residential and forms part of the master-planned Mamsha Al Saadiyat community, which combines luxury living with cultural and coastal experiences.

Aldar noted that strong demand for Mamsha Gardens has prompted the early release of a seventh building in the project, which will soon be made available for sale to the public.

Strategic Investment by Gaw Capital

The transaction reflects Gaw Capital Partners’ strategy to diversify its global real estate portfolio by entering fast-growing and stable markets in the Gulf region. This acquisition also marks one of the firm’s most prominent investments in the UAE to date.

A spokesperson for Gaw Capital Partners commented:

“The UAE continues to offer an attractive combination of long-term growth, political stability, and strong real estate fundamentals. Our investment in Mamsha Gardens is a testament to the project’s quality and the long-term vision of Abu Dhabi as a global destination.”

Aldar’s Expanding Momentum

This deal aligns with Aldar’s broader growth strategy, which includes active engagement with institutional investors, joint ventures, and large-scale development across Abu Dhabi and beyond.

In a statement, an Aldar spokesperson said:

“This transaction with Gaw Capital Partners reinforces the global appeal of Aldar’s residential offerings and the strength of Abu Dhabi’s investment landscape. The rapid sell-out of Mamsha Gardens’ earlier phases is a clear signal of demand, and we are excited to bring a seventh building to the market ahead of schedule.”

The success of Mamsha Gardens follows a series of robust quarterly performances from Aldar Properties, driven by strong sales in residential, commercial, and retail assets, and an expanding portfolio of recurring income-generating assets.

Saadiyat: A Lifestyle and Investment Hub

Mamsha Gardens is part of a broader vision to transform Saadiyat Island into Abu Dhabi’s premier lifestyle, tourism, and cultural hub. With beachfront promenades, art venues, world-class museums, and luxury retail offerings, the area is attracting both high-net-worth individuals and institutional investors.

This latest sale underscores Abu Dhabi’s growing stature as a preferred destination for global real estate capital and affirms the city’s position on the radar of Asia-based investors looking to diversify into resilient property markets.