TDIC RELEASES NEW RESIDENTIAL UNITS FOR SALE AT THE LANDMARK MAMSHA AL SAADIYAT
The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, has today released an additional building for sale at Mamsha Al Saadiyat, Saadiyat Island’s spectacular beachfront community currently under development. Building 1 also known as the Azure building, offers investors and prospective homeowners a compelling opportunity to own prized real estate a short-walking distance from the highly anticipated and soon-to-open cultural icon, Louvre Abu Dhabi.
The Azure building holds 79 units in total, with 36 currently available across four bedroom, three bedroom, two bedroom, one bedroom, penthouse and loft options. The area of space available for the one bedroom units starts at 1334 sq.ft, while the two bedroom and three bedroom options begin at 1829 sq.ft and 2992 sq.ft respectively.
To commemorate the exciting launch of Louvre Abu Dhabi museum, TDIC is offering buyers an attractive 2.5% deposit to reserve their unit, backed by a payment plan of 20% against construction milestones that can be paid in instalments. The 80% balance on purchase value is payable upon completion of the residential units, giving astute investors and prospective homeowners a chance to secure a lucrative investment in one of the capital’s most sought-after destinations.
Located along Saadiyat Island’s pristine shoreline, Mamsha Al Saadiyat redefines contemporary beachfront living, promising buyers residential units that are characterised by high-end finishes and panoramic views of the Arabian Gulf. Complementing the uniquely designed residences is a remarkable mix of hospitality, leisure and lifestyle amenities nearby. An experiential retail and dining destination will form the community’s seaside promenade, granting residents and visitors to the island opportunities to enjoy eclectic cuisine options and world-class shopping.
Commenting on the latest release of new residential units, Sufian Hasan Al Marzooqi, Chief Executive Officer of TDIC said, “We are very excited to release an added yet limited number of new apartments in Mamsha Al Saadiyat, delivering a unique investment proposition that coincides with one of the biggest events the capital has witnessed in recent years – the opening of Louvre Abu Dhabi. Mamsha Al Saadiyat offers buyers an unmatched opportunity for prime real estate ownership, combining modern architectural beauty and the tranquility and inspiration that comes with Saadiyat Island’s pristine beaches, views of the Arabian Gulf, and access to unparalleled retail, leisure and hospitality offerings.
Recently, TDIC released commercial space available for leasing to parties seeking to operate F&B and retail establishments at the development. Construction of the 461-unit Mamsha Al Saadiyat is ongoing and progressing on schedule, with concrete and structure works for all buildings now complete. The entire project comprises 414 apartments or lofts offering one to four bedrooms, 47 townhouses and nine premium duplex penthouses, each with five bedrooms, a private swimming pool and terrace. Mamsha Al Saadiyat is expected to be complete by the second half of 2018.
Mamsha Al Saadiyat is well poised to be Abu Dhabi’s coveted residential and investment destination of choice. The entire Saadiyat Island is master-planned with discerning buyers in mind, purchasers of whom will carry an appreciation of a convenient, integrated and fully immersive lifestyle in close proximity to the capital’s iconic Louvre Abu Dhabi, internationally renowned academic institutions Cranleigh Abu Dhabi and the New York University Abu Dhabi.
For more information, call 800 TDIC.