Business park operator to list shares on DFM on July 5, institutional and retail investors can buy shares from June 16
Property3 weeks ago
Aldar Properties has announced the launch of apartments at Grove District, a new at Abu Dhabi’s Cultural Epicentre on Saadiyat Island.
Grove District sits within Aldar’s flagship Saadiyat Grove development, and its apartments boast partial views of the island’s three landmarks: Zayed National Museum, Louvre Abu Dhabi, and Guggenheim Abu Dhabi.
The development, when completed, will comprise 612 units in five residential buildings across luxury, lifestyle, and urban themed districts.
Available for buyers of all nationalities, Grove District will be launched in phases, with 102 studios, one- and two-bedroom units available in the first building (Grove Museum Views), which is located in the lifestyle themed district. Sales will start on 25th June.
Rashed Al Omaira, chief commercial officer at Aldar Development, said Grove District is Aldar’s latest residential offering within Saadiyat Grove, closely following the successful launch of Louvre Residences Abu Dhabi, and is set to bring a new dimension of vibrancy and modern living to the Island.
“The new destination will attract residents seeking a lively community that celebrates art, culture, retail, and entertainment in all types and forms,” he said.
The entire Grove District development has been designed with sustainability. Units have been built to meet the highest sustainability standards, with residential buildings targeted to achieve an Estidama two-pearl rating and an international LEED silver certification.
Construction of the development commenced earlier this year, with handovers expected to begin in second quarter of 2025.
— muzaffarrizvi@khaleejtimes.com
Business park operator to list shares on DFM on July 5, institutional and retail investors can buy shares from June 16
Property3 weeks ago
London, New York see most significant price increases
Property3 weeks ago
A relatively new concept, it is a place where people interact, and share work space and common areas
Property3 weeks ago
The second half of 2022 looks more promising for Abu Dhabi’s real estate sector as the market started off the year on a buoyant note backed by mega-developments, Al Etihad Rail expansion, and rising oil prices
Property3 weeks ago
Backed by mega-developments, Al Etihad Rail expansion, and rising oil prices, the second half of 2022 looks promising for Abu Dhabi real estate sector as the market started off the year with promising numbers
Property3 weeks ago
This is the developer’s third sold out project within eight months
Property3 weeks ago
The impact of global inflation on the UAE economy and the Emirate's property market is likely to be limited for now
Property3 weeks ago
Up to 15% rise in villa rents seen in next two quarters as influx of new residents lift demand for residential properties
Property1 month ago