TDIC releases new residential units for sale at landmark Mamsha Al Saadiyat

The Tourism Development and Investment Company, TDIC, master developer of major tourism, cultural and residential destinations in Abu Dhabi, 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 configuration options. The area of space in one bedroom units starts at 1,334 sq.ft, while the two bedroom and three bedroom options begin at 1,829 sq.ft and 2,992 sq.ft respectively.

To commemorate the launch of Louvre Abu Dhabi museum, TDIC is offering buyers an attractive 2.5 percent deposit to reserve their unit, backed by a payment plan of 20 percent against construction milestones that can be paid in instalments. The 80 percent 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," he added.