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Abu Dhabi real estate: Saadiyat Island tops chart for rental yield, capital gains for Q3 2023. It has the highest annual capital gains with villa prices rising 10.3% and apartment prices 4.7% according to a ValuStrat study for Q3 2023
Source: https://www.arabianbusiness.com/industries/real-estate/abu-dhabi-real-estate-saadiyat-island-tops-chart-for-rental-yield-capital-gains-for-q3-2023
ASGC is the main contractor for the Grove project at Saadiyat Island in Abu Dhabi by Aldar Properties
Source: https://www.asgcgroup.com/projects/residential/the-groveASGC is the main contractor for the Grove project at Saadiyat Island in Abu Dhabi by Aldar Properties. The mixed-use development comprises residential homes and retail outlets offering comprehensive community living, enhancing how people live, stay, shop and play.
ASGC executes construction works for the substructure work package, including two basements and a lower ground floor. In addition, ASGC provides Design & Build services for the superstructure package, comprising an upper ground floor, five (UG+10 floors) residential and retail mixed-use buildings, town square & cinema block (UG+6 floors) and other retail areas. Our additional scope consists of landscaping, utilities, MEP, and infrastructure works.
Aldar Properties, a prominent real estate developer in Abu Dhabi, has introduced The Source II, an innovative wellness-inspired property. The company anticipates that the project will be ready for handover by the year 2026.
source: https://www.arabianbusiness.com/industries/real-estate/abu-dhabi-real-estate-aldar-launches-the-source-ii-expects-2026-handover
Not sure how accurate that is. TeamLab Phenomena and National History Museum are being built next to each other as seen in the link below. This image is from February this year. I can't see any later images.
https://livingatlas.arcgis.com/wayback/#active=25982&ext=54.40174,24.52584,54.40512,24.53278&localChangesOnly=true
According to this article posted last month, Zaha Hadid’s building was abandoned and replaced with what is now being built on its site: Teamlab Phenomena Abu Dhabi.
https://www.dezeen.com/2022/06/24/teamlab-phenomena-abu-dhabi-saadiyat-island/amp/
This location:
https://maps.app.goo.gl/ZBUc5gTUSrQDY79D8
It also seems to tie up with the location of the bridge too.
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Abu Dhabi's Groundbreaking Saadiyat Grove Project, Connecting Three Iconic Museums
As published in October 2022, Abu Dhabi is set to witness a revolutionary $1.5 billion project, Saadiyat Grove, taking shape on Saadiyat Island, as revealed by CRTKL, a distinguished global cultural agency renowned for its expertise in architecture, planning, and design.
Saadiyat Grove is poised to become a magnificent "connective fabric" linking three prestigious museums - the Louvre Abu Dhabi, the Guggenheim Abu Dhabi, and the Zayed National Museum.
This visionary development features 60,000 sqm of retail, entertainment, and leisure spaces, along with 3,000 homes, two hotels, and co-working spaces. Saadiyat Grove's urban design embraces tradition, creating a vibrant "15-minute city" with low-carbon solutions.
Construction is underway, and visitors can expect an extraordinary experience in under five years.
Stay tuned for this transformative cultural and lifestyle destination.
A Culture of Discovery - Saadiyat Grove is an inclusive community complex transforming the way people live, stay, shop and play. The progressive development comprises residential homes, retail outlets, business premises and leisure facilities.
Saadiyat GroveAbu Dhabi ProjectsCultural HubInnovative Living
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