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Starting from AED 1,600,000
Apartments
About the Project
Launched in Q1 2022, Louvre Abu Dhabi Residences is an ultra-luxury residential development in the upcoming Saadiyat Grove community on Saadiyat Island. The largest UAE developer, Aldar Properties has collaborated with the world-renowned Louvre Abu Dhabi to create the world’s first residences under the museum’s brand. Potential property buyers have the opportunity to select from an array of exquisite studios and 1-3 bedroom apartments, with floor-to-ceiling windows overlooking the iconic Louvre Abu Dhabi, France’s largest cultural project abroad. Following the ongoing trend for sustainability, the brand new development will be designed to meet the requirements of the Pearl Building Rating System. That being said, during the construction Aldar Properties plans to use ethically sourced natural materials to leave a positive environmental footprint. In order to bolster eco-conscious living in Abu Dhabi, there will also be green spaces, shaded communal areas and covered walkways surrounding Louvre Abu Dhabi Residences. Apartments of Louvre Abu Dhabi Residences will be available in 2 colour schemes: Dark Premium with a rich palette of cool neutrals, such as charcoal with slate gray undertones, and Light Premium which will have taupe and creamy accents. For a more stylish look, the interiors will be complemented with marble finishes and metallic accents, as well as exclusive artworks featured throughout the living and dining spaces. In terms of layouts, each apartment will boast 1 or 2 spacious balconies and a laundry room. It is worth mentioning that 2-bedroom properties in particular, will have 2 options of layouts, either with or without a maid’s room, a walk-in closet, a storage room and a powder room. At the same time, owners of 3-bedroom apartments will have a home office and a maid’s room at their full disposal, on top of the previously-mentioned amenities. Redefining the combination of life and art, Louvre Abu Dhabi Residences will wow its homeowners with a magnifi
Available Units
Apartments
Features
2% ADM Waiver 2 beds
Nearby Landmarks
Louvre Abu Dhabi Residences is due for completion in Q1 2025. While the development is under construction
potential buyers and investors can benefit from flexible payment plans. Details of payment plans and pricing can be obtained by our agents. As a property owner in this exclusive waterfront development
you will become a member of the 'Grove Circle' and subsequently be granted complimentary access to the Louvre Abu Dhabi Museum. Furthermore
you will obtain F&B discounts and access to select art reveals
classes and exhibitions
in addition to an exclusive invitation to a resident’s event in Louvre Abu Dhabi
hosted annually. You will be presented with the opportunity to avail a 5-year Golden Visa
in which the minimum qualifying investment amount is AED 5
000
000 (USD 1
360
000). The Golden Visa scheme enables expats to work
live and study in the country without needing a sponsor. As Louvre Abu Dhabi Residences is part of Saadiyat Grove
homeowners will be surrounded by a range of amenities
on top of the previously mentioned facilities. These include gyms
swimming pools
children’s play areas
office spaces
manicured gardens and luxury hotels. There will also be 645.8 thousand sq. ft of retail and entertainment space
providing multiple leisure options. If you are looking to acquire an apartment in Louvre Abu Dhabi Residences as a real estate investment
it is a highly lucrative option. In fact
Saadiyat Island was one of the most popular areas in Abu Dhabi for luxury apartment rentals in 2021
according to Bayut & dubizzle
having registered a incredible 31.6% increase in rental prices. As of Q1 2022
the average annual cost for an upscale 1-bedroom property in this area amounts to AED 100
000 (USD 27
200)
and the ROI averages at 7.02%
which is one of the highest in the emirate.
