Louvre Abu Dhabi Residences is due for completion in Q1 2025. While the development is under construction, potential buyers and investors can benefit from flexible payment plans. Details of payment plans and pricing can be obtained by our agents. As a property owner in this exclusive waterfront development, you will become a member of the ‘Grove Circle’ and subsequently be granted complimentary access to the Louvre Abu Dhabi Museum. Furthermore, you will obtain F&B discounts and access to select art reveals, classes and exhibitions, in addition to an exclusive invitation to a resident’s event in Louvre Abu Dhabi, hosted annually.
You will be presented with the opportunity to avail a 5-year Golden Visa, in which the minimum qualifying investment amount is AED 5,000,000 (USD 1,360,000). The Golden Visa scheme enables expats to work, live and study in the country without needing a sponsor.
As Louvre Abu Dhabi Residences is part of Saadiyat Grove, homeowners will be surrounded by a range of amenities, on top of the previously mentioned facilities. These include gyms, swimming pools, children’s play areas, office spaces, manicured gardens and luxury hotels. There will also be 645.8 thousand sq. ft of retail and entertainment space, providing multiple leisure options.
If you are looking to acquire an apartment in Louvre Abu Dhabi Residences as a real estate investment, it is a highly lucrative option. In fact, Saadiyat Island was one of the most popular areas in Abu Dhabi for luxury apartment rentals in 2021, according to Bayut & dubizzle, having registered a incredible 31.6% increase in rental prices. As of Q1 2022, the average annual cost for an upscale 1-bedroom property in this area amounts to AED 100,000 (USD 27,200), and the ROI averages at 7.02%, which is one of the highest in the emirate.
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