The Source II — a new complex in Abu Dhabi

The Source II is a new 8-storey project by the leading developer in Abu Dhabi; Aldar Properties. The complex will be located in the Cultural District area of Saadiyat Grove.

Buyers of the project can choose from 146 residences, including 1-3 bedroom apartments. The total living area of the properties within the new complex ranges from 958 sq. ft to 2,540 sq. ft.

Each residence will be complemented by panoramic windows and a private balcony, allowing residents to enjoy the beautiful view of the new landmark of the emirate — Zayed National Museum. The layouts of all apartments include walk-in closets and laundry rooms, and some two-bedroom, as well as all three-bedroom residences will be equipped with a maid’s room.

The Source II will be built according to all environmental construction standards and will receive two Pearl Estidama pearls rating.

Residents of the complex will be able to enjoy a wealth of prestigious amenities, including a gym, indoor and outdoor swimming pools, sauna and steam rooms, a children’s playground, a library, a public garden, and a farm space. To maintain good health, the project also includes a salt cave, yoga and meditation rooms, reflexology paths, and Kneipp paths. The complex will be complemented by co-working spaces, shops and restaurants.

The starting price for one-bedroom apartments in The Source II is AED 2.82M (USD 768K) as of the second quarter of 2023. Buyers are offered payment plans of 60/40 and 70/30 with an initial down payment of 10%. The handover of the complex is scheduled for the fourth quarter of 2026.

Purchasing real estate in The Source II is a lucrative investment opportunity, as owners of residences can resell them after the project’s completion at a higher price. Another option is to rent your property, which will generate a stable passive income. The return on investment in the Cultural District area is 5.8% for one-bedroom apartments. Rental prices for these types of properties start from AED 77К (USD 21К) per year.

An additional privilege of purchasing apartments in The Source II will be the advantage of obtaining a 10-year Golden Visa, which will also be granted to your family members and domestic staff. The visa will allow you to live in the Emirates without any time limitations, work and study without a local sponsor, and much more.