- More than 22% of construction completed and works progressing on schedule
The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced today that the construction of Jawaher Saadiyat, the Saadiyat Beach golf course-facing latest gated residential community within the Saadiyat Beach District, is more than 22% complete, with ongoing works progressing within schedule.
The achievement of this milestone is a result of TDIC’s close collaboration with its main contractor, Al Jaber Building. The project was awarded in July of last year following a competitive tendering process. Scheduled for delivery in the latter half of 2018, prospective buyers can secure their units through an initial 2.5% deposit, with villa and townhouse prices ranging from AED 5.1 million to AED 17.8 million.
Sufian Hasan Al Marzooqi, CEO of TDIC, said: “We are proud to witness the construction of Jawaher Saadiyat, one of the most distinctive residential projects at the Saadiyat Beach District, currently progressing ahead of schedule. With its prime location overlooking the Saadiyat Beach golf course and the sense of exclusivity and lifestyle options it offers residents, Jawaher Saadiyat continues to receive interest from investors and will undoubtedly drive demand for our real estate offerings on Saadiyat even further.”
Since the contractor’s mobilization in August 2016, construction across the project has proceeded in earnest.
Hadeel Al Qadi, Jawaher Saadiyat Senior Project Manager at TDIC, said: “We are working closely with our contractor and consultants to monitor the project’s development and ensure the highest standards are upheld across all phases of construction. The completion of the foundations for all 83 units is a milestone achievement and we look forward to meeting or exceeding all our future construction targets while maintaining the design and quality of the project.”
Jawaher Saadiyat will feature 83 exclusive units made up of four to six bedroom villas and four-bedroom townhouses designed in a contemporary style. Both the villas and the townhouses include two to four garages.
The villas have been designed to respect the regional requirements for privacy and serviceability, while embracing and including all the conveniences of a modern lifestyle. Residents will enjoy easy access to first-class facilities, which include a security-controlled gate, beautifully landscaped grounds, multi-purpose court, a gym, adults and children swimming pools, ample parking for residents and guests, a café, a restaurant, a mini mart, a salon and a linear park, including a children’s playground.
Jawaher Saadiyat will offer its future residents proximity to some of Saadiyat’s most high-end hospitality, cultural, educational and retail offerings. These include international five-star resorts and leisure facilities within the Saadiyat Beach District such as The St. Regis Saadiyat Island Resort, Park Hyatt Abu Dhabi, the Saadiyat Beach Golf Club and the Saadiyat Beach Club. The project sits within walking distance from Cranleigh Abu Dhabi, and in proximity to the Saadiyat Cultural District, home to Louvre Abu Dhabi, the first museum to open on the island. Jawaher also offers easy access to the stunning natural beauty of Saadiyat Beach.
TDIC has partnered with various banks to offer potential homeowners a range of attractive financial offers. For further information, kindly contact: UAE 800 TDIC (8342).