Louvre Abu Dhabi Residences by Aldar Properties

About the project

Launched in Q1 2022, Louvre Abu Dhabi Residences is an ultra-luxury residential development in the upcoming Saadiyat Grove community on Saadiyat Island. The largest UAE developer, Aldar Properties has collaborated with the world-renowned Louvre Abu Dhabi to create the world’s first residences under the museum’s brand. Potential property buyers have the opportunity to select from an array of exquisite studios and 1-3 bedroom apartments, with floor-to-ceiling windows overlooking the iconic Louvre Abu Dhabi, France’s largest cultural project abroad.

Following the ongoing trend for sustainability, the brand new development will be designed to meet the requirements of the Pearl Building Rating System. That being said, during the construction Aldar Properties plans to use ethically sourced natural materials to leave a positive environmental footprint. In order to bolster eco-conscious living in Abu Dhabi, there will also be green spaces, shaded communal areas and covered walkways surrounding Louvre Abu Dhabi Residences.

Apartments of Louvre Abu Dhabi Residences will be available in 2 colour schemes: Dark Premium with a rich palette of cool neutrals, such as charcoal with slate gray undertones, and Light Premium which will have taupe and creamy accents. For a more stylish look, the interiors will be complemented with marble finishes and metallic accents, as well as exclusive artworks featured throughout the living and dining spaces.

In terms of layouts, each apartment will boast 1 or 2 spacious balconies and a laundry room. It is worth mentioning that 2-bedroom properties in particular, will have 2 options of layouts, either with or without a maid’s room, a walk-in closet, a storage room and a powder room. At the same time, owners of 3-bedroom apartments will have a home office and a maid’s room at their full disposal, on top of the previously-mentioned amenities.

Redefining the combination of life and art, Louvre Abu Dhabi Residences will wow its homeowners with a magnificent grand lobby, which will feature double-height ceilings and world-class art at every corner, reminiscent of the Louvre Abu Dhabi collection. Moreover, residents will be able to use the glass elevators and enjoy the gorgeous panoramic view while riding to their apartments.

Not forgetting the 5-star lifestyle amenities which will be available for all those living in the Louvre Abu Dhabi Residences, which can be found below:

• Infinity pool
• Well-being center with a gym and a sauna
• Yoga and pilates studio
• Meditation lawns
• Cinema Privé - 5-star residential theater
• Creativité Room - indoor children’s play area
• Sunset deck with a juice bar & pool area
• Museum-view lounge with a games room, a coffee station, table tennis and billiards
• Le Salon Détente Lounge with co-working spaces, a library, a salon, private meeting rooms and a socializing area
  

As well as all the above, Louvre Abu Dhabi Residences will provide its residents with an array of exclusive services, ready to fulfill their needs at any time of the day and night. Homeowners will be treated to the following offerings:

• Smart-home package
• Laundry & dry cleaning
• Housekeeping
• Pet spa & grooming
• Complimentary shopping bag drop off to residences
• Package/courier delivery
• Pre-occupation provisions for deliveries, refrigerator stocking and groceries
• Reservation assistance for travel, car rental and fine eateries
• Catering & event planning
• Personal fitness trainer
• Art conseiller
• 24/7 concierge service
• Valet service, doorman and bellboy

As mentioned earlier, Louvre Abu Dhabi Residences is a development in Saadiyat Grove, which is located in the Saadiyat Cultural District. This area is famed for its ultimate collection of iconic museums, in addition to Louvre Abu Dhabi, as the emirate pledged to invest AED 22B (USD 6B) in cultural and creative industries in 2021. The upcoming attractions in this area include:

The Zayed National Museum, due to open in 2023, will narrate the story of the late Sheikh Zayed, the founding father of the UAE, and will immerse its visitors in the history of the entire region and its cultural connections with other countries worldwide. It was designed by the Pritzker Prize-winning architect; Lord Norman Foster and will feature 7 main galleries and the Sheikh Zayed Library.

The Abrahamic Family House, scheduled to be inaugurated in 2022, will encompass a mosque, a synagogue and a church, as well as a cultural center in one complex as a beacon of understanding and peaceful coexistence between different religions. Designed by Sir David Adjaye, this landmark is closely followed by the Grand Imam Ahmad el-Tayeb of al-Azhar and Pope Francis.

The Guggenheim Abu Dhabi, the largest of the 4 existing Guggenheim outposts, is set to be completed by 2025. There will be a cluster of galleries of varying heights, characters and shapes, as well as archives, a library, a conservation laboratory and a children’s education facility. The museum owes its astonishing design to Frank Gehry, the mastermind behind the Guggenheim Museum in Bilbao, Spain.

On top of the development’s easy access to the capital’s cultural destinations, Louvre Abu Dhabi Residences will provide hassle-free commutes to/from key destinations of the emirate, as it is adjacent to Jacques Chirac St and Sheikh Khalifa Bin Zayed St. For instance, within a 20-minute drive, homeowners will be able to reach the mainland of Abu Dhabi and the Abu Dhabi International Airport, Yas Island, Al Maryah Island and Al Reem Island, among other locations. At the same time, the travel time to Dubai will take less than 1.5 hours. Residents can also find 3 bus stations, a 15-20 minute walk away, which are Jacques Chirac St/Saadiyat Louvre, Jacques Chirac St/Mamsha Al Saadiyat, and Jacque Chirac St/Saadiyat Beach Gate B.

Within roughly the same distance, homeowners of Louvre Abu Dhabi Residences can access the below-mentioned facilities:

• Carrefour Market – Mamsha Al Saadiyat.
• Mamsha Al Saadiyat, a beachfront community by Aldar Properties with fine eateries and the Soul Beach.
• Cranleigh School, which is a British academic institution for children from ages 3 to 18 years old.
• Manarat Al Saadiyat is an art gallery with local cultural displays and international exhibitions, as well as a theater.
  

Not forgetting an array of F&B venues nearby, such as LARTE Ristorante, Fouquet’s Abu Dhabi and Aptitude Café, just to name a few, all offering the ultimate dining experiences.

Saadiyat Island is a unique place for living at – museums, art galleries, educational establishments, resorts and beaches together with a golf-club and fantastic grand theme parks are concentrated in one spot. It is divided into 7 districts: Cultural District, Saadiyat Beach, Saadiyat Marina, Saadiyat Retreat, Saadiyat Reserve, Saadiyat Promenade and Saadiyat Lagoons.

The Island connected to Jubail Island via Zheikh Khalifa Bin Zayed Nahyan Highway. From the opposite side Sheikh Khalifa Bridge containing 10 lanes goes from the center of Abu Dhabi to Saadiyat.

It takes only 10 minutes to the center of Abu Dhabi and about 20 minutes to the International Abu Dhabi Airport.

Economic Appeal

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.