First phase of Saadiyat beach residences sells out

Mamsha Al Saadiyat offers easy access to the Saadiyat Island Cultural District.

The first phase of the soon-to-be-built beachfront homes on Saadiyat Island has been sold, Abu Dhabi’s Tourism Development and Investment Company (TDIC) announced on Wednesday.

Located in the Cultural District, Mamsha Al Saadiyat is a 1.4 kilometre beachfront mixed-use development that will offer residents a luxurious beach-inspired lifestyle as well as easy access to retail, dining and entertainment features. The residences will also offer easy access to the Louvre Abu Dhabi, Zayed National Museum and Guggenheim Abu Dhabi.

“We are pleased that Mamsha Al Saadiyat has garnered such strong demand, given that it is the first dedicated beachfront property on Saadiyat that will offer its residences spectacular views and easy access to the Cultural District’s world-class museums, which are set to turn the island as well as the Emirate of Abu Dhabi, into a hub of art and culture,” said Ahmed Al Fahim, executive director of marketing, communications, sales and leasing at TDIC. “This goes on to show the trust that investors have in the value and quality of what TDIC is developing on Saadiyat today.”

The development will feature nine low-rise residential buildings with a total of 461 units including apartments and townhouses.

The unit sizes will range from one to four-bedroom apartments, to lofts and penthouses. Residences will have 106 to 454 square metres of floor space. All buildings will feature ground-level retail offerings and pool terraces.