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Flat 73 м² in Abu Dhabi, UAE (United Arab Emirates)

ID 4OVvR
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Area
73 m²
Bedrooms
1

Description

Apartment in Abu Dhabi. City - Abu Dhabi

ID AD1009_LOUVRE_RESIDENCES

Louvre Abu Dhabi Residences is an ultra-luxurious residential complex in the developing Saadiyat Grove district on Saadiyat Island. Aldar Properties collaborated with the world-renowned Louvre Abu Dhabi to create the world's first residences under the museum's brand. Exquisite studios, 1-3 bedroom apartments, and 5-bedroom penthouses will feature floor-to-ceiling windows offering views of the famous Louvre Abu Dhabi.

Location Features:

  • CLOSE PROXIMITY TO MANY ESSENTIAL AMENITIES INCLUDING SCHOOLS AND MEDICAL CENTERS
  • THE SHEIKH KHALIFA BRIDGE CONNECTS THE ISLAND TO THE MAINLAND OF ABU DHABI
  • STEPS AWAY FROM THE FAMOUS LOUVRE ABU DHABI AND THE FUTURE GUGGENHEIM ABU DHABI AND ZAYED NATIONAL MUSEUM
  • 5 MINUTE DRIVE TO LOUVRE ABU DHABI
  • 5 MINUTE DRIVE TO GUGGENHEIM ABU DHABI
  • 17 MINUTE DRIVE TO CORNICHE ROAD
  • 30 MINUTE DRIVE TO ABU DHABI INTERNATIONAL AIRPORT
  • RESIDENTS CAN REACH DUBAI IN 1 HOUR 10 MINUTES

Areas and Prices:

  • 44 SQM STUDIO FROM 1,300,000 AED
  • 1 BEDROOM. FROM 73 SQM. FROM 2,000,000 AED
  • 2 BEDROOM. FROM 111 SQM. FROM 2,900,000 AED
  • 3 BEDROOM. FROM 178 SQM. FROM 5,000,000 AED

Local Infrastructure:

  • SUPERMARKETS: Al Madeena supermarket, Mina Al Madeena supermarket, Al Maya supermarket, Sulaif grocery store, SPAR Express
  • RETAIL/FAST FOOD RESTAURANTS: Cuba Café, Zahrat Lebnan, Abu Dhabi Mall
  • SCHOOLS/NURSERIES: Abu Dhabi high school, ICSE City Centre International school, Little Smarties nursery and pre-school
  • GAS STATION: ADNOC Al Madina
  • MEDICAL FACILITIES: Consultants Medical Center (CMC), Doctor Rami Sami Medical Center, WellCare Medical Center LLC, Basel Medical Center
  • PUBLIC TRANSPORT: BUS - Al Mavkib Street/School Zaid Bin Sultan
  • ATTRACTIONS: Louvre Abu Dhabi, Saadiyat Beach Club, Saadiyat Beach Golf Club, Guggenheim

The apartments will be available in 2 color schemes: Dark Premium with a rich palette of cool neutral tones like wood charcoal with chalky gray tones, and Light Premium with dark gray and cream accents. Interiors will be complemented with marble finishes and metallic accents, as well as exclusive art pieces displayed in the living and dining areas. Each apartment has 1 or 2 spacious balconies and a laundry room.

Key Features:

  • EACH UNIT HAS AT LEAST ONE SPACIOUS BALCONY OR TERRACE AND A LAUNDRY ROOM
  • OWNERS BECOME PART OF THE GROVE CIRCLE COMMUNITY
  • EXCLUSIVE RANGE OF CONCIERGE SERVICES AVAILABLE TO ALL RESIDENTS INCLUDING: PET CARE, PERSONAL STYLIST SERVICES, EVENT PLANNING, PERSONAL TRAINING, ETC.
  • GLASS ELEVATORS IN THE COMPLEX THAT TRANSPORT RESIDENTS TO THEIR OWN APARTMENTS
  • PRIVATE MOVIE THEATER AND CHILDREN'S PLAY AREA

Buying Advantages:

  • FIRST-CLASS, PRESTIGIOUS, AND MOST RENOWNED LOVE NAME
  • SAADIYAT ISLAND - ONE OF THE MOST SOUGHT-AFTER AREAS IN ABU DHABI, BOTH FOR LIVING AND LEISURE
  • A VERY BEAUTIFUL ISLAND WITH PLENTY OF ENTERTAINMENT AND DINING OPTIONS
  • CULTURAL AREA OF ABU DHABI
  • HIGH INVESTMENT RETURN POTENTIAL AT 7.8%
  • LOUVRE RESIDENCES WILL COMPLY WITH PEARL BUILDING RATING SYSTEM
  • PLETHORA OF CONCIERGE INDIVIDUAL SERVICES IN RESIDENTIAL UNITS
  • 2-BEDROOM APARTMENTS HAVE SPACE FOR MAID'S ROOM, WALK-IN WARDROBE, AND STORAGE ROOM
  • 3 APARTMENTS HAVE A HOME OFFICE AND MAID'S ROOM

Payment Plan: 10% Down Payment, 40/60

ROI: Similar residences on Saadiyat Island at 7-7.8%

Developer Information:

Aldar Properties PJSC is a leading real estate developer in Abu Dhabi and one of the most well-known in the United Arab Emirates. The company started its operations in 2005 and continues to develop exciting and innovative projects, such as the globally recognized headquarters building located in Al Raha Beach area, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to the Yas Island Formula One track.

Things to Know:

  • SERVICE CHARGE: AED 21.5 PER SQUARE FOOT
  • DEDICATED PARKING: YES
  • RESALE POLICY: OUT OF PLAN AFTER 40% PAYMENT. READY PROPERTY - ANYTIME

Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
544 648 $
Floor
5

FAQ

How can I get a residence permit by buying property in UAE (United Arab Emirates)?

In UAE (United Arab Emirates) a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Abu Dhabi; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Is a mortgage available for non-residents in UAE (United Arab Emirates)?

Banks in UAE (United Arab Emirates) finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

What taxes and fees apply when buying in UAE (United Arab Emirates)?

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

How is the title checked in UAE (United Arab Emirates)?

A title search at the land registry of UAE (United Arab Emirates) takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Can I rent out property after purchase in UAE (United Arab Emirates)?

Yes. Rental income tax is 5–25% depending on the regime. In Abu Dhabi short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (544 648 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in UAE (United Arab Emirates)?

A typical transaction runs 30–90 days, averaging 45 in Abu Dhabi: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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