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The Residence at The St. Regis

License number: 202302934469
Project number: 2018/303182

About the project

The Residence at The St. Regis is located on Saadiyat Island and is owned by Aldar Properties. The exterior of the residence is designed in a Mediterranean style and offers buyers a choice of studios and apartments with 1, 2, 3 and 4 bedrooms.

The rooms are of modern interior design and all units are equipped with furniture and appliances. All residences have beautiful views of the Saadiyat beach and golf course.

The following facilities are provided for residents:

  • Fitness club
  • SPA
  • Tennis court
  • Indoor swimming pool
  • Equipped gym
  • Restaurants and stores in walking distance
  • Free Wi-Fi

Apartments range in size from 55 sq. m to 1,500 sq. m (592 sq. ft – 16145 sq. ft). The approximate rental cost for a one-bedroom unit is AED 95,000 (USD 26,000) per year.

*The price is valid for 2021

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Location

There are many commercial, retail and entertainment venues on the island, with new real estate development currently flourishing here. The plan is to turn the island into a cultural center of the city with eight new museums foreseen as part of this goal. In addition, Saadiyat Island is one of the main attractive areas for investment in Abu Dhabi.

Transportation in the area is well established and there are many public transportation links to take you to and from the island.

From the complex to Abu Dhabi International Airport takes 15 minutes, and it takes just 10 minutes’ to get to the center of the city by car.

There are resorts on the island with their own beaches and green areas.

The Residence at The St. Regis is in close proximity to the following attractions:

  • The Louvre Abu Dhabi Museum, which opened in 2017.
  • The Gold Market, where all kinds of gold products are on display.
  • Qasr Al Hosn Exhibition, which hosts an annual festival celebrating Arab culture.
  • The Landmark Tower.

Restaurants and cafes are available to visit all over the island, with the local bars proving to be very popular.

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Payback

Saadiyat Island is a very favourable area for investment. There are many advantages to owning property on the island, including:

  • The best beach in Abu Dhabi is located on Saadiyat Island.
  • Direct access to the Arabian Gulf.
  • Good location – 10 minutes drive from the city center
  • The island has the largest number of premium hotels.
  • The basis of architecture on the island are low-rise buildings.
  • Of the high-rise buildings on Saadiyat Island, 13 are skyscrapers which belong to the Water’s Edge community.

Due to these factors, property values are steadily increasing with growth averaging between 0.8 and 3% per month. There is a high demand for both the purchase of property of different types and for rental rental properties on the island. Investments in commercial and residential real estate offer high returns regardless of the type of property.

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