Aldar launches housing units within the “Grove District” project

An integrated urban project located in the heart of one of the most prominent destinations in Abu Dhabi

The project consists of 5 residential buildings within 3 areas that reflect the concepts of luxury, lifestyle and urbanity

The project consists of 612 apartments with direct access to various retail and cultural spaces

The first phase of the project includes the launch of the Grove Museum Views building, which consists of 102 residential units.

The apartment options in the project vary between studios, one bedroom and two bedrooms, available for ownership for all nationalities, from 25 June

Abu Dhabi, United Arab Emirates: Aldar Properties (“Aldar”) today announced the launch of residential units within the “Grove District” project, the new and leading residential project that offers its residents a luxurious lifestyle in the heart of the cultural district of Saadiyat Island in Abu Dhabi.

The new “Grove District” project is located within the “Saadiyat Grove” integrated development complex, and the apartments have views of the waterfront, as well as three of the prominent landmarks on the island; These are Zayed National Museum, Louvre Abu Dhabi and Guggenheim Abu Dhabi. The project’s master plan includes 612 apartments in five buildings within three areas that reflect the concepts of luxury, lifestyle and urbanity.

The project is designed in a unique style so that each of the five buildings is linked to a retail space in line with its concept and matches the character of the area in which it is located. The retail stores, ranging from art, dining and lifestyle spaces, complement the overall design beauty in perfect harmony with each other. For the first time within Aldar’s projects, the lobby of the buildings in the Grove District will be designed in a way that encourages residents to connect and create in the common areas.

The apartment options in the new project vary between studios, one bedroom and two bedrooms, and they are available for ownership by all nationalities. The first phase of the project, which will be delivered in several phases, will witness the launch of the first Grove Museum Views building, which will include 102 apartments within the area that reflect the concept of lifestyle. Sales will start on June 25 at competitive prices from 905 000 dirhams for a studio apartment, 1.4 million dirhams for a one-bedroom apartment and 2 399 thousand dirhams for a two-bedroom apartment.

Saadiyat Grove, a mixed-use complex, is one of the most prominent destinations of Aldar Properties on Saadiyat Island, at a cost of 10 billion dirhams. It will include 60,000 square feet of retail and recreational space designed to enhance community connectivity, including the new Grove District, as well as nearly 3,000 residential units, two hotels and collaborative spaces for new projects and new ventures.

Rashid Al Omairah, Commercial Officer at Aldar Development, commented on the launch of Grove District: “Since its launch, Saadiyat Grove has become the preferred destination for Abu Dhabi residents and visitors. The Grove District is Aldar’s newest residential complex in Saadiyat Grove, which complements the successful launch of the luxury residential complex, Louvre Abu Dhabi Residences, the new project will add more vitality to the island’s modern lifestyle. culture, retail and entertainment of all kinds and forms. ”

Based on Aldar’s approach to meeting the needs of customers who always come first, each of the three areas within the development has been carefully designed to provide residents and visitors with exceptional and unparalleled experiences. Residents will benefit from a wide range of high-quality facilities offered by the project, including a spacious communal lounge for the building’s residents, spaces for art workshops, swimming pools, gyms, board games and more, as well as direct access to ‘ a run. track, meditation spaces and a courtyard An outdoor community surrounded by green landscape to enhance the physical and psychological comfort within the community.

As with Saadiyat Grove, the Grove District units are designed to the highest sustainability standards, with residential buildings targeting a two-pearl Estidama rating and a LEED Silver rating. Construction of the project began earlier this year, and deliveries are expected to begin in the second quarter of 2025.

The project is located near several prestigious landmarks on the island, including the Louvre Abu Dhabi Museum, New York University Abu Dhabi, and Cranley School Abu Dhabi, as well as leading shopping and entertainment destinations. The project also detracts from its location near major infrastructure projects in Abu Dhabi, including Yas Island, Abu Dhabi City, Jubail Island and Al Reem Island.

Customers interested in purchasing apartments in the Grove District can visit Aldar’s Sales Center, call 800-ALDAR / 800-25327 25327, or email customermanagement@aldar.com.

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For more information, please contact the following numbers:

Media contact:

Obaid Al Yamahi

Aldar Real Estate Company

+971 810 2 5555

Judy Issa

Brunswick Golf

+971 4 560 9638

ALDAR@brunswickgroup.com

About Aldar Company

Aldar is a pioneer in real estate development and management in the UAE, as it adopts a diversified and sustainable operating model supported by two major companies, Aldar Development and Aldar Investments.

Aldar Development Company continues its leadership role in developing integrated communities that enrich the lives of residents across the most sought-after destinations in the Emirate of Abu Dhabi, including Yas Island, Saadiyat Island, Al Raha Beach and Al Reem Island . It also owns a 65 million square meter land portfolio, consisting of three business units: Al Dar Enterprises, and will be responsible for managing the fee-based project management business unit, including a portfolio worth 45 billion dirhams of civic housing and major infrastructure projects; “Al Dar for Entrepreneurship”, which is in charge of seizing new business opportunities and developing areas of innovation; and “Al Dar Misr”, a platform focusing on the promising and profitable Egyptian real estate market, as a major market for the development of integrated communities for mixed use.

Aldar Investments consists of the Asset Management Unit of the Aldar Group, which includes an AED 22 billion portfolio of recurring income-producing real estate assets in the retail, residential, commercial and hotel communities. It also manages the three main platforms: Aldar for Education, Aldar Properties and Aldar Hospitality and Leisure. The Aldar Education platform includes a portfolio of educational assets, including Aldar Academies, a leading educational group in Abu Dhabi with a portfolio of 20 schools and more than 26,000 students in addition to a growing network of 3,000 teachers who belongs to more than 100 nationalities, which adopts a wide range of Educational curricula and additional services such as the Teacher Training Academy.

While “Aldar Properties” integrates commercial and residential real estate operations within the portfolio of “Provis”, a property management company, it also includes the management of communities through an integrated property management platform. Aldar Hospitality and Leisure Company is responsible for overseeing Aldar’s hotel and leisure asset portfolio, which is located primarily on Yas Island and Saadiyat Island, in addition to Ras Al Khaimah. Aldar’s hotel portfolio includes 11 hotels, with a total of 3,600 hotel rooms, in addition to managing operations across golf courses, beach clubs and marinas.

Aldar’s shares are listed on the Abu Dhabi Securities Exchange (trading code: ALDAR: UH), and the company’s business generates stable recurring profits and income, and has a broad and diversified shareholder base. Aldar adopts the best standards of corporate governance, and is committed to managing sustainable operations over the long term, in order to continually add value to its shareholders.

Aldar adopts an ambitious vision as it strives to be the most trusted property developer and manager in the region, and it plays a crucial role in developing high-quality, comfortable destinations that meet the needs of community members and across the ingredients and abilities possess what is needed. for work, life and leisure.

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