Khalid Bin Mohamed Bin Zayed Launches Aldar's Saadiyat Grove
AED 8 billion landmark destination located in the heart of the Cultural District on Abu Dhabi's Saadiyat Island
Cultural District on Saadiyat Island and developed by Aldar Properties.
H.H Sheikh Khalid visited the Saadiyat Grove Experience Centre at Mamsha Al Saadiyat and viewed the designs and the master plan of the 242,000 square metre development, accompanied by His Excellency Mohamed Khalifa Al Mubarak, Chairman of Aldar Properties, and Talal Al Dhiyebi, Aldar's Chief Executive Officer.
During his visit, H.H. Sheikh Khalid attended a presentation that demonstrated the impact Saadiyat Grove will have, from transforming the retail, tourism and leisure plans of Abu Dhabi, to contributing to the emirate's GDP and attracting foreign direct investments to the capital. The presentation also outlined how Saadiyat Grove will redefine retail and living by bringing new and innovative designs to one of Abu Dhabi's most sought-after destinations.
H.H. Sheikh Khalid also received an update on progress achieved on Phase One of the development, which includes the completion of all design works and awarding of the first construction contract. This first contract consists of enabling and piling works, which have already started.
Saadiyat Grove will feature 60,000 square metres of experiential retail, entertainment, and leisure space designed to create an inclusive community, as well as 3,706 residential units, 170 of which will be branded residential units. There will also be a selection of hotels, and co-working spaces designed to support new enterprises and startups, and to promote a culture of entrepreneurship.
Phase One of Saadiyat Grove will include 606 residential units and around 200 retail units, supported by a range of amenities such as gyms, pools, kids play areas, community gardens and a running track that will connect the whole project.
Saadiyat Island is already home to Louvre Abu Dhabi, Manarat Saadiyat, five luxury beach resorts, top educational institutes including NYU Abu Dhabi and Cranleigh School. Saadiyat Grove, along with the future museums planned, will further cement Saadiyat Island's status as the destination of choice in Abu Dhabi, and will draw together three museums in one place: Louvre Abu Dhabi, which opened to international acclaim in November 2017; Zayed National Museum, the UAE's first national museum, which is currently underconstruction;
The project is in line with Aldar's strategy focused on creating and delivering exceptional and memorable customer experience
Saadiyat Grove will be developed in phases, with Phase 1 handover commencing 2022.