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Abu Dhabi / Emirates Business
The Tourism Development and Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, has on Tuesday 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 is expected to be complete by the second half of 2018 and is well poised to be Abu Dhabi’s coveted residential and investment destination of choice.