Tourism bosses have given Abu Dhabi the latest glimpse into the future of Saadiyat Island as they prepare to showcase the huge project to the world at the upcoming Cityscape Global 2013 property conference in Dubai.
At the event, which kicks off on Tuesday, the Tourism Development & Investment Company (TDIC), the master developer of Saadiyat, says it will announce a new residential development described as a ‘first-of-its-kind’ on the island as it courts property investor.
Also on display will be a 6.2 by 5.2 metre model to give investors an in-depth look at the potential opportunities available within the Cultural District in the near future.
TDIC will also exhibit to individual and institutional investors opportunities that promise high returns including land plots available for sale such as those at the university neighbourhood, the Saadiyat Beach Golf Views and the Saadiyat Beach District, in addition to the high-end residential properties that are available for sale and leasing such as those at the Saadiyat Beach Villas, the Saadiyat Beach Residences and The Residences at the St Regis Saadiyat Island Resort.
Ahmed Al Fahim, Executive Director of Marketing, Communications, Sales and Leasing at TDIC, said: “With residential, educational, hospitality and cultural projects brought together in one place, built to the highest standards and based on sustainable infrastructure, we strongly believe that Saadiyat is one of the most attractive investment opportunities in the region.”
When finished, Saadiyat Island, which covers 27 square kilometres and is 10 minutes from central Abu Dhabi, will eventually be home to 145,000 people and will boast Guggenheim and Louvre museums, premium hotels and a retail complex.
