The project's scope of work consists of a mixed-use development located at Masdar City, Abu Dhabi. Masdar City is a 1,483-acre green city that is currently under construction in Masdar, Abu Dhabi. It will be the world's first zero carbon, zero waste city powered by renewable energy. The project is being developed by Masdar-Abu Dhabi Future Energy Company and Mubadala Development Company.
Initiated in 2006, the project was originally scheduled for completion in 2016 but has been delayed to 2025. The original budget for the project was $22bn, which has been reduced to $19.8bn due to a financial crisis. The city will be home to around 40,000 residents and 1,500 companies.
It is being developed in multiple phases:
The city relies on solar energy and other renewable energy sources.
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