By Andy Sambidge
Abu Dhabi tourism developer says 70 apartments for sale; prices start at AED1.4m
Tourism Development & Investment Company (TDIC), Abu Dhabi's master tourism developer, has announced the launch of 70 apartments for sale from the second phase of the Saadiyat Beach Residences, with prices starting from AED1.4m.
The second phase includes three residential buildings in a gated community, out of which one building has been released to the market for sale.
A range of one to four-bedroom apartments are available, TDIC said in a statement.
Ahmed Al Fahim, executive director of Marketing, Communications, Sales and Leasing at TDIC, said: “Our decision to release apartments for sale at Saadiyat Beach Residences for the first time has been driven by the high demand that our residences have seen.
“We saw similar demand earlier this year for Saadiyat Beach Villas’ third phase, where 80 percent of the newly launched off-plan project was sold in a period just under four months.
"We believe that our high-quality products are very desirable today because they offer an investment opportunity that will appreciate and promise high returns in the future,” Al Fahim added.
Residents of the community can enjoy a wide range of privileges and benefits presented by Advantage, an exclusive loyalty programme for TDIC’s residential communities.
These include receiving discounts on dining, spa treatments, best available room rates, annual membership fees at the St Regis Saadiyat Island Resort, Monte-Carlo Beach Club, Saadiyat, Saadiyat Beach Golf Club, Abu Dhabi Golf Club, The Westin Golf Resort & Spa, Eastern Mangroves Hotel & Spa, Qasr Al Sarab Desert Resort, and Desert Islands Resort & Spa by Anantara, Fanr Restaurant as well as the Saadiyat Public Beach managed by Bake.
In 2014, a number of community services are set to open to serve residents in the area, such as Saadiyat Redwood Nursery, Cranleigh Abu Dhabi, and New York University Abu Dhabi.
A retail centre offering day-to-day conveniences is also set to be developed and will feature a grocery store, pharmacy, hair and nail salon and coffee shop.For all the latest real estate news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.