Masdar City is an emerging global hub for renewable energy and clean technologies. As a free zone it offers benefits to registered companies such as 100% foreign ownership, zero tax and zero import tariffs. The Masdar Institute Neighborhood will provide residential and commercial resources to people and companies located within Masdar City.
The Masdar Institute Neighborhood is a mixed-use development that will contain more than 103,000 square meters (1.1 million square feet) of space. The development will feature a commercial office building, two residential buildings, underground parking and a plaza. The project is anticipated to achieve a "three pearls" rating for Estidama requirements as well as LEED Gold certification.
"Masdar City is a model for sustainable urban development not just regionally but globally,"
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