This article contains promotional content. (September 2024) |
Masdar City
مدينة مصدر Masdar City Free Zone | |
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Coordinates: 24°25′45″N 54°37′6″E / 24.42917°N 54.61833°E | |
Country | United Arab Emirates |
Emirate | Abu Dhabi |
Initiated | 2006 |
Government | |
• Chairman | H.E. Abdulla Balalaa |
• Chief Executive Officer | Mr. Ahmed Baghoum |
Area | |
• Total | 6 km2 (2 sq mi) |
• Land | 6 km2 (2 sq mi) |
• Water | 0 km2 (0 sq mi) |
Population (2024) | |
• Total | 15,000 |
• Density | 2,500/km2 (6,500/sq mi) |
Time zone | UTC+04 (Gulf Standard Time) |
Website | masdarcity |
Masdar City (Arabic: مدينة مصدر, romanized: Madīnat Maṣdar, lit. 'Source City')[1] is an urban community in Abu Dhabi, the capital of the United Arab Emirates. It was built by Masdar, a subsidiary of the state-owned Mubadala Investment Company, with the majority of seed capital provided by the Government of Abu Dhabi.[2][3]
Masdar City aims to be a model for sustainable urban living, combining renewable energy, green building practices, and advanced technology. Masdar City is designed to minimize its environmental impact, with energy-efficient buildings, a reduced carbon footprint, and a focus on research and development in clean technologies. As a hub for sustainable innovation, the city hosts a range of international companies, startups, and research institutions dedicated to advancing sustainable practices across various industries.
As of 2023, Masdar City is home to approximately 15,000 residents and office commuters, reflecting its growth as a vibrant community and center for innovation. The city is undergoing significant expansion, with numerous projects in development, including new offices, laboratories, and residential buildings designed to accommodate the increasing demand for sustainable urban spaces.