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- Designed to meet growing demand for sustainable and spacious living, lifestyle amenities and customizable designs
- Phase 1 launch includes 207 four-, five- and six-bedroom residences exclusively for UAE nationals
ABU DHABI, United Arab Emirates – Aldar Properties (‘Aldar’) today announced the launch of Saadiyat Lagoons, a nature-inspired residential community surrounded by stunning mangroves overlooking the Arabian Gulf. The new development, located on the east side of Saadiyat Island in Abu Dhabi, is exclusively for domestic buyers in the UAE.
The first phase of the mixed-use development will launch on 3 November with 207 villas priced from AED 6.1 million. Properties are available in four-, five- and six-bedroom layouts, offering buyers a variety of options to live in a unique setting. The community has designed a series of residential clusters in three areas, each of which will feature homes with unique architectural styles to suit the tastes of Aldar’s local client base.
Internally, all villas will feature cool or warm colour schemes and a choice of standard or premium finishes. Customers can also choose to customize their home further by adding a private pod in their garden that can be used as a meeting or home office.
The community will feature an array of exciting amenities, including an ecological esplanade, amphitheater, dry deck water play area, skate park, paddle, basketball and volleyball courts, climbing walls, playgrounds and ample green spaces and parks. Within the community, residents will also have access to schools and early childhood centres, retail and dining outlets, health clinics, petrol stations, multipurpose event spaces, barbecue and picnic areas, a mosque and three Majalises.
The development, part of Aldar’s broader masterplan for Saadiyat Island, will be close to the immersive cultural destination Saadiyat Grove as well as the idyllic soul beach of Mamsha Al Saadiyat. The community will be located on a 6.2 million sqm site acquired by Aldar in early 2022.
Commenting on the launch, Rashed Al Omaira, Chief Commercial Officer of Aldar Development, said: “Saadiyat Lagoons is located in one of Abu Dhabi’s most desirable lands, which makes it an incredibly exciting proposition. Every aspect has been carefully planned in response to the changing needs of the client, including amenities, sustainable design and home customization options. Once built, the community will elevate Saadiyat Island as a fully developed residential, cultural and recreational Destination status, we expect strong demand from UAE nationals.”
Saadiyat Island and adjoining Yas Island have a full range of cultural, recreational and leisure facilities, and clients will be able to enjoy everything the island has to offer, including luxury beach resorts, cultural destinations and top educational institutions such as Cranley School and NYU .
Reflecting the natural beauty of the surrounding mangroves, the Saadiyat Lagoons will feature a range of sustainable design and construction measures as part of Aldar’s long-term commitment to sustainability. Solar panels will be installed throughout the community to power water heaters, efficient water features will reduce water usage by approximately 50%, and a host of other sustainability initiatives. The goal of the entire community is to achieve the Estidama pearl grade, with many elements set to more than two pearls.
Construction of Saadiyat Lagoons will begin in Q2 2023, with handover expected to begin in early Q2 2026. Customers interested in purchasing a unit at Saadiyat Lagoons can visit the Aldar Sales Centre at Aldar Square or contact the Aldar Sales Centre at 800-ALDAR/800-25327 or email customermanagement@aldar.com.
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For more information please contact:
media
Obed Yamashi
Arda Properties
Sarah Abdulbari
Brunswick
aldar@brunswickgroup.com
About Alda
Aldar Properties PJSC is the UAE’s leading real estate developer and manager with a diversified and sustainable operating model centered on two core businesses: Aldar Development and Aldar Investment.
Aldar Development is the master developer of integrated, liveable and thriving communities in Abu Dhabi’s most coveted destinations including Yas Island, Saadiyat Island, Al Raha and Reem Island. It is responsible for developing Aldar’s c. 69 million square meters of land bank, comprising three businesses: Aldar Projects, which manages Aldar’s fee-based development management business, including government housing and infrastructure projects; Aldar Ventures, which incubates and nurtures new business opportunities and areas of innovation; and Aldar Egypt , a platform focused on developing mixed-use communities in Egypt.
Aldar Investment owns Aldar’s core asset management business, comprising a portfolio of investment-grade and income-generating real estate assets of over AED 30 billion, spread across retail, residential, commercial, hospitality and logistics. Aldar Logistics owns 70% of Abu Dhabi Commercial Centre, which has a strategically located warehouse, industrial and office complex in Abu Dhabi Industry City with a gross net lettable area of c. 166,000 sqm. Aldar Investment also manages three core platforms: Aldar Education, Aldar Estates and Aldar Hospitality and Leisure. Aldar Education includes Aldar’s entire education portfolio, including Aldar Academies, Abu Dhabi’s leading education group with 21 schools, over 27,000 students, and a growing group of 3,000 educators from over 100 countries network that offers a wide range of courses and ancillary services, such as a teacher training academy. Aldar Estates will combine Aldar’s retail business with the existing residential and commercial real estate businesses within Provis and will further integrate community management into an integrated property management platform. Aldar Hospitality and Leisure manages Aldar’s portfolio of hospitality and leisure properties, which are located near Yas Island and Saadiyat in addition to Ras Al Khaimah. It includes Aldar’s 13 hotel portfolio, including more than 4,250 hotel keys, and manages operations spanning golf courses, beach clubs and marinas.
Aldar, whose shares are traded on the Abu Dhabi Stock Exchange (stock quote: ALDAR: UH), is a profitable, cash-generating business that provides recurring income and benefits from a diverse and supportive shareholder base. Aldar operates under high standards of corporate governance and is committed to running a long-term and sustainable business in order to provide continued value to its shareholders.
Aldar’s vision is to be the region’s leading property developer and manager, playing a key role in developing quality, comfortable, desirable destinations where people can live, work and visit.
For more information on Aldar, please visit www.aldar.com
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