(MENAFN- Khaleej Times) The Tourism Development & Investment Company (TDIC) has unveiled the third phase of its Saadiyat Beach Villas, a total of 77 villas that are to be delivered by the fourth quarter of 2015. At this stage however, only 33 villas are offered on the market.
This announcement comes following the great success of the delivery and sale of the first two phases of the Saadiyat Beach Villas, taking the total number of villas of the project from 344 to 421 units.
Construction of the third phase is scheduled to start during the third quarter of 2013, with the new units available for purchase off-plan. This new batch of exclusive stand alone homes will come in Mediterranean standard style and will be available in four and five-bedroom sizes. The built-up area for a standard four-bedroom villa will be 449 square metres, while a five-bedroom villa will be 542 square metres. The Mediterranean style villas also feature outdoor terraces, stone veneers and detailed balcony railings.
Ahmed Al Fahim, executive director of marketing, communications, sales and leasing at TDIC, stated: "We are certain this third phase will achieve greater success as we factor in the feedback we've received while constructing the first two phases, as well as consider the best selling villa types and sizes."
A special launch price starting from Dh6 million is on offer for a limited period of time. TDIC is working with Abu Dhabi Commercial Bank, National Bank of Abu Dhabi, Abu Dhabi Islamic Bank, Al Hilal Bank, Abu Dhabi Finance, Mashreq Bank, and Standard Chartered Bank to offer mortgage facilities starting at 4.5 per cent fixed for a limited period and finance of up to 85 per cent from property value and loan tenor up to 30 years.
With the handover of the first two phases now in its final stage, the high-end Saadiyat Beach Villas have become home to a large residential community, which will grow even further with this new addition.
The luxurious homes, designed by leading architects JZMK Partners and interior designers CDC, have spacious rooms, outdoor areas, and premium fittings. The residential community consists of landscaped parks, play areas for children, swimming pools and terraces, state-of-the-art gyms, and basketball and squash courts.
The residential development is located in the Saadiyat Beach District, which is the island's hospitality hotspot featuring a collection of international five-star resorts such as, The St. Regis Saadiyat Island Resort, Abu Dhabi and Park Hyatt Abu Dhabi Hotel and Villas, and top-class sports and leisure facilities. These include the region's first championship beachfront golf course, the Saadiyat Beach Golf Club and the world's first Monte-Carlo Beach Club outside of Monaco, Monte-Carlo Beach Club, Saadiyat.
This year, a number of important community services and developments are on schedule to open and serve residents of Saadiyat Beach Villas.
Â
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.