Louvre Abu Dhabi Residences is an exclusive residential development in the popular community of Saadiyat Grove on Saadiyat Island. The luxury complex was developed by Aldar Properties and offers studios and one- to three-bedroom apartments.
Louvre Abu Dhabi Residences is a luxury complex with studios and one- to three-bedroom apartments that provide a lifestyle inspired by art and culture. The project was implemented by Aldar Properties, an Abu Dhabi-based real estate developer known for having built several iconic residential complexes. The company is considered to be one of the most trusted and recognised developers in the emirate of Abu Dhabi.
The complex was developed in collaboration with the Louvre Abu Dhabi, which is the first partnership of its kind. The project is currently under construction and the handover date is scheduled for Q1 of 2025. Properties feature spacious balconies and terraces with beautiful views of the Louvre Abu Dhabi, as well as the Persian Gulf. Units have modern fittings and high-end interior finishes. In addition, residents can enjoy exclusive artwork located throughout the complex.
Light Premium
Dark Premium
interior design
1–3 bedroom
studio and apartment
There are two different interior design options: Light Premium and Dark Premium. Two-bedroom apartments, type B, and three-bedroom apartments have staff accommodations with en-suite bathrooms. Properties range in size from 45 sq. m to 191 sq. m. The project is being designed according to the requirements set by the Green Building Rating System, which is part of Abu Dhabi’s sustainable development initiative called Estidama.
The construction of luxury residences will include the use of ethically sourced and natural materials. The complex promotes eco-conscious living, and there are plenty of shaded outdoor areas, green spaces, and covered walkways situated throughout the Saadiyat Grove neighbourhood.
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One-bedroom apartments are sold with freehold status and have a minimum price of AED 2M (USD 545K).
Louvre Abu Dhabi Residences is centrally located in the progressive district of Saadiyat Grove in Abu Dhabi. The complex is surrounded by commercial outlets, leisure facilities, and retail stores. The community is situated on Saadiyat Island, which features a brand-new shopping and entertainment hub. Residents have easy access to the Saadiyat Grove retail district and well-known cultural landmarks, such as Guggenheim Abu Dhabi, Abrahamic Family House, Zayed National Museum, Manarat Al Saadiyat, Louvre Abu Dhabi, and Mamsha Al Saadiyat.
The Saadiyat Grove area offers several transportation options, including several bus stations located near the complex. Sheikh Khalifa Bin Zayed Street (E12) can be reached within a short drive, and the Abu Dhabi International Airport is located within a 35-minute drive.
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Since the project is currently under construction, the developer is offering flexible payment plans. For details, please contact Metropolitan Premium Properties.
The purchase of a property comes with a ‘Grove Circle’ membership, which provides complimentary access to the Louvre Abu Dhabi. This includes an exclusive invitation to an annual event for residents hosted at the museum. Residents also have access to select exhibitions and art reveals, as well as food and beverage discounts at the cafe.
Another popular benefit for purchasing real estate at Louvre Abu Dhabi Residences is an opportunity to get a five-year UAE Golden Visa, which allows long-term residency in the country and 100% ownership of property on the mainland of the UAE.
Louvre Abu Dhabi Residences offers many profitable investment opportunities. According to Bayut & dubizzle, in 2021, the Saadiyat Island area was one of the most popular destinations for renting luxury real estate, and it recorded an increase in rental prices by 31.6%. As of Q1 2022, one-bedroom apartments have an annual rental price of AED 100K (USD 27K), and the average return on investment for a property in the area is 7.02%, which is one of the highest rates in Abu Dhabi.
Louvre Abu Dhabi Residences provides luxury apartments that generate a return on investment rate between 7% and 8%. This high rate is due to its location on Saadiyat Island, which is a very popular destination for tourists. One-bedroom apartments located within a similar residential development in the area have a minimum rental price of AED 50,000 (USD 14,000), per year.
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