Final phase of project Elie Saab Waterfront on Al Reem Island from Ohana Development

Enhancing luxury living on Al Reem Island, Ohana Development launches the second phase of exclusive Elie Saab Waterfront project, setting a new standard with the island’s first designer-brand residences.
May 14, 2024

Metropolitan Capital Real Estate, a trusted full-service real estate agency and the pride of the Metropolitan Group, has partnered with Ohana Development to launch a magnificent new project – Elie Saab Waterfront. These are the first-of-its-kind designer-brand residences on exquisite Al Reem Island.

The developer has launched the second and final phase of the project, giving you the opportunity to become one of the last owners of exclusive real estate in Elie Saab Waterfront. The first phase has already sold out, signalling the high demand for real estate in this area.

Elie Saab Waterfront is an elite project created through the collaboration of iconic fashion designer Elie Saab. With this exciting launch, Ohana Development opens a new chapter in the story of luxury living in Abu Dhabi. The Elie Saab Waterfront project is an impressive 39-storey residential tower located in the central part of Al Reem Island. Interiors of the residences are finished in high-quality, natural materials set against a beautiful colour palette. Impeccable design paired with custom-made furniture ensures that each residence possesses a unique and graceful feel. The complex will feature 174 luxury apartments starting from AED 2M (USD 545K) to AED 50M (USD 13.6M) while providing 300 parking spaces. Construction of this incredible project, which is scheduled for completion in Q1 2027.

Each residence will enjoy breathtaking panoramic views, striking design elements, and premium amenities, such as a world-class fitness centre, luxurious spa, padel tennis court, infinity pool with panoramic views of the cityscape and electric vehicle charging stations. Enhancing residents’ quality of life and surpassing their every desire is the overarching ambition of this project.

Husein Salem, CEO of Ohana Development, said: “Our collaboration with Elie Saab represents a cornerstone in luxury real estate. Together, we are setting unparalleled standards for what it means to live elegantly. Elie Saab Waterfront transcends mere residence; it is the epitome of luxurious living and architectural innovation, crafted to offer our discerning clientele a truly enriching experience.”

Last year, Metropolitan Capital Real Estate sold more than 100 premium villas in the Ohana by the Sea project in just 30 days. It was one of the quickest transactions in the UAE real estate market, involving the sale of an entire complex valued at over AED 1B (USD 272M). In this situation, the residences were transferred to the agency on exclusive terms.

Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate, had this to say: “As a leading associate of Ohana Development, we are pleased to sell the luxurious Elie Saab Waterfront project. This truly unique offering is in one of the most exclusive communities in Abu Dhabi and offers stunning views of the sea, Al Reem Island skyline and the marina, making it the perfect home for those who are looking for ultimate luxury.”

For more details about the Elie Saab Waterfront project and to register your interest, please visit Ohana Development’s official website.