Aldar announces launch of Louvre-branded residences
Project features 400 residences which are due to be handed over to residents in 2025
Aldar Properties has announced what is billed as a world-first partnership with Louvre Abu Dhabi. The deal will see the world’s first Louvre-branded residences take shape on Saadiyat Island. The residential project will feature 400 apartments including studios, one-, two- and three-bedroom units, and five exclusive penthouses.
Located within Saadiyat Grove, Aldar’s $2.27bn landmark destination on Saadiyat Island, the residential project will boast unparalleled views, designs, spaces, amenities and services. Designed for distinction and sophistication, every apartment at Louvre Abu Dhabi Residences will be finished with interior fittings and fixtures and built-in home appliances of choice from world-renowned brands, said a statement from Aldar.
The residences will be the most sought-after address in Abu Dhabi once handed over to residents in 2025, the developer added.
“Louvre Abu Dhabi Residences at Saadiyat Grove is our response to the demand for a premium residence that echoes the values, quality, and timelessness of the cultural powerhouse that is Abu Dhabi. Neighbouring Guggenheim Abu Dhabi and Zayed National Museum, Louvre Abu Dhabi Residences represents the pinnacle of art, culture, and design, tailored, and delivered for the ever-discerning homeowner. Through our partnership with Louvre Abu Dhabi, we will build and deliver the ultimate lifestyle and product to match the world-famous institution and architectural masterpiece,” said Aldar Development CEO Jonathan Emery.
Spanning an area of 242,000sqm, Saadiyat Grove will boast immersive retail, entertainment, and leisure spaces. Including the newly launched project, Saadiyat Grove will feature approximately 3,000 residential units, two hotels and co-working spaces for new enterprises and start-ups, the statement added.
Manuel Rabaté, director of Louvre Abu Dhabi concluded, “Aldar’s vision and expertise in building the most inclusive communities resonate with Louvre Abu Dhabi’s philosophy of celebrating cultural connections. With this new project, now there is an opportunity to reside at the most inspiring cultural address in the world. With the launch of Louvre Abu Dhabi Residences, homeowners and residents can benefit from an exclusive membership that provides access to Louvre Abu Dhabi’s exhibitions and events, branded merchandise, as well as personalised art consultation and services.”