Five years ago, Saadiyat Island became a promising real estate investment destination, attracting more and more investors from all over the world. According to Bayut & dubizzle’s Abu Dhabi Property Sales Market Report 2021, the capital has become he third most popular area in the emirate’s capital for luxury apartment sales. Investment flows to Abu Dhabi increased by almost 50% from January to April 2022 compared to the same period last year thanks to Saadiyat Island.
Saadiyat Island has both affordable apartments and luxury homes. Note that the latter are much more popular among buyers. At the end of 2021, the average cost of properties sold on the island was AED 1,500 (US$400) per square foot. This article explains why foreign investors are interested in buying properties on Saadiyat Island.
Saadiyat Island is close to the main tourist attractions and business centers of the emirate’s capital. Abu Dhabi International Airport and Abu Dhabi Global Market are 20-30 minutes away and Dubai is less than an hour away.
Yas Island, a popular entertainment center for tourists, is a 10-minute drive away. There are things like:
• Ferrari World, the world’s largest indoor theme park dedicated to Ferrari cars.
• Warner Bros.; World is a 1.65 million square foot amusement park dedicated to characters from Looney Tunes, DC and Marvel comics and cartoons.
• Yas Marina Formula 1 Circuit.
• The Etihad Arena is the largest stadium in the Middle East with a capacity of up to 18,000.
Saadiyat Island is a great place for both permanent residence and family vacations as it has a picturesque promenade filled with restaurants, bars and retail outlets. The shared apartments are adjacent to five five-star hotels including The St. Regis Saadiyat Island Resort and Rixos Premium Saadiyat Island.
The most prestigious educational institutions in the country are concentrated on Saadiyat Island. These include schools such as Cranley Abu Dhabi and Theodore Mono International French School, as well as the prestigious New York University Abu Dhabi, which offers 25 major courses.
Active sports enthusiasts will love the Saadiyat Beach Golf Club with its 18-hole golf course. Ocean lovers will love the beach clubs and modern marinas.
The island has several gorgeous white-sand beaches, including Saadiyat Beach, Kai Beach Saadiyat, and Seoul Beach. All of them feature top-notch infrastructure and amenities, such as sunbeds and cabanas, beach clubs and bars, footbridges and boardwalks along the marina, where you can find a special place to sunbathe and relax. . Sports enthusiasts can also enjoy fishing, diving, sailing, boating and other water sports on these beaches.
The island has many important cultural attractions, including:
The Louvre Abu Dhabi is the Arabic branch of the famous Parisian museum. Its collection includes world-famous classics such as Paul Gauguin, Rene Magritte and Pablo Picasso, as well as unique historical exhibits, neoclassical sculptures, installations and paintings by contemporary artists.
Manarat Al Saadiyat is a center of modern culture and art.
The Zayed National Museum, currently under construction, will, when completed, be dedicated to the history, culture and geography of the UAE. It is also home to the Founders’ Memorial, a permanent national honor that commemorates the life of the UAE’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan. The Guggenheim Abu Dhabi Museum, currently under construction, will be the world’s largest branch of New York’s Solomon R. Guggenheim Museum.
The Abraham Family House will be his first interfaith complex in the Middle East in 100 years. It includes mosques, synagogues and Catholic cathedrals. The project is expected to start at the end of this year.
High environmental consideration
All buildings on the territory of Saadiyat Island are constructed in accordance with the requirements of the Pearl Building Rating System, which regulates environmental standards for modern construction. High-quality natural materials and eco-technologies are used in the construction process.
In addition, the territory of Saadiyat Island has numerous parks with hiking areas, jogging and cycling paths, recreation areas and well-kept gardens.