TDIC launches Saadiyat Lagoons at Cityscape Abu Dhabi
The Tourism Development & Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced at Cityscape Abu Dhabi 2016, the annual real-estate event, its launch of the Saadiyat Lagoons District.
Located within minutes from Abu Dhabi city, the Lagoons District is a premium residential community which is expected to become home to 29,000 residents across more than 4,000 residential units. The 6 million square-metre, mixed-use development will feature contemporary townhouses, villas and apartments that offer access to neighbourhood shops, F&B outlets, children’s play areas, mosques and leisure facilities such as a state-of-the-art equestrian centre.
His Excellency Ali Majed Al Mansoori, TDIC’s Chairman of the Board, said: “We are pleased to announce today the launch of the largest district on Saadiyat. Saadiyat Lagoons District is set to be a vibrant destination for both residents and visitors, which offers a unique lifestyle experience along with proximity to the island’s other districts and their rich leisure, education and cultural offerings. We are confident that this development will raise interest in Saadiyat even further while strengthening its position as a leading destination across all sectors.”
The Saadiyat Lagoons District will be developed in phases with the first phase including 820 townhouses set in a gated community. The townhouses will make up 236 two-bedroom units and 584 three-bedroom units featuring a contemporary style. Homeowners will also have access to a range of community facilities, including a dedicated retail venue, and access to a neighbourhood lake. Out of the 820 townhouses, only 246 units will be made available for sale after Cityscape Abu Dhabi.
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