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About the Project
The new multifunctional complex of Saadiyat Grove is one of the largest scale projects in Abu Dhabi so far, by the master developer Aldar Properties. The construction of the AED 8B (USD 2B) development began in November 2019 and will offer 3,706 residential units in total, 170 of which are branded residences. Saadiyat Grove is set to become a mixed-use community in the heart of the beautiful Cultural District on Saadiyat Island. Previously, the developer announced that Saadiyat Grove will be delivered in phases. As a result, the first phase will be handed over in 2025 with the planned construction of 606 residential units and 200 retail spaces. Moreover, the first phase plans to include numerous amenities, such as: Gyms Pools Children’s playgrounds Landscaped gardens Running track through the entire community Foundations were completed by Dutch Foundations in 2020 and according to AECOM Middle East, each residence will feature floor-to-ceiling panoramic glazing. The main features of the upcoming grand development of Saadiyat Grove are as follows: Total area of 6.4 million sq.ft. 3 and 4-star hotels Nearly 140 thousand sq.ft. of office and retail space
Available Units
Apartments
Features
Ready to move in | 2% ADM Waiver 4 beds
Nearby Landmarks
Currently
the project is under development. Taking into account the ever-increasing interest in the properties
the payment provides for a flexible approach and individual options are available for each investor
when enquiring. Average annual rental prices in the Saadiyat Island area are as follows: 1-bedroom apartment – AED 87
000 (USD 24
000) In H1 2021
Saadiyat Island was one of the top choices among investors interested in apartments and villas in the luxury category
as reported by Bayut & Dubizzle. Thus
the ROI of apartments in this area is as high as 6.15%
while villas generate a lower profit with a rental yield of 4.96%.
