23 July 2017
- Structure works for all buildings across Mamsha Al Saadiyat have been completed -

- Mamsha Al Saadiyat will offer a unique selection of beachfront one to four bedrooms apartments complete with modern sophistication -

Abu Dhabi, UAE – The Tourism Development & Investment Company (TDIC), master developer of major tourism, cultural and residential destinations in Abu Dhabi, announced the achievement of significant stages in the development of the Mamsha Al Saadiyat project. All concrete groundwork has been laid, with the structure for all buildings now complete.

Situated in close proximity to the Saadiyat Cultural District, Mamsha Al Saadiyat represents a reimagination of beachfront living, with iconic world-class museums, first-class facilities and amenities set to be within walking distance of every apartment and townhouse. Mamsha Al Saadiyat will once complete, offer residents an array of retail and F&B establishments, access to landmark cultural attractions, panoramic views of pristine beaches and use of natural landscaped spaces.

Mamsha Al Saadiyat will feature 7,802 square meters of retail and dining floor space, spread across nine medium-rise residential towers. Of the 461 units available, 414 are apartments or lofts with one to four bedrooms or five-bedroom duplex penthouses, measuring between 106 and 454 square meters in size. The remaining 47 units are townhouses, whose size ranges from approximately 227 to 315 square meters. Each five-bedroom duplex penthouse features a private swimming pool and terrace as well as two living rooms and a dining room, in addition to a maid’s room and a driver’s room.

"The development of Mamsha Al Saadiyat is in line with the schedule and we’re aiming for it to be delivered in 2018. Due to the increased demand for the project, we have released residential units in the new Azure 1 building," said Amna Alalkeem Al Zaabi, Mamsha Al Saadiyat Project Manager at TDIC. Al Zaabi added: “The project has attracted a large number of residents and investors due to its unique location, stunning beachfront views and world-class facilities, enhancing our reputation for the development of residential complexes that are well received by investors and residents."

Today, Saadiyat Island is already home to world class developments such as The St. Regis Saadiyat Island Resort & Spa, The Collection, the Saadiyat Beach Golf Club, Saadiyat Beach Club, and more. Additionally, residents will live close to high-quality educational institutions including Cranleigh Abu Dhabi, the sister campus of the renowned UK-based Cranleigh School, and the New York University Abu Dhabi campus, as well as Manarat Al Saadiyat, the leading arts and exhibition center in the Cultural District.

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About Tourism Development & Investment Company (TDIC)
Tourism Development & Investment Company (TDIC), established in 2006 and fully owned by Abu Dhabi Tourism & Culture Authority, is a master developer of major tourism, cultural and residential destinations in Abu Dhabi.

These include Saadiyat, a natural island ten-minute drive from downtown Abu Dhabi featuring luxury resorts, championship beachfront golf courses, sophisticated residential communities, retail destinations and cultural institutions - designed by world-renowned Pritzker Prize-winning architects - such as Zayed National Museum, Louvre Abu Dhabi and Guggenheim Abu Dhabi. TDIC is also developing Desert Islands, a heritage-based tourism destination composed of eight islands - Sir Bani Yas Island, the historical Dalma Island and the previously unexplored Discovery Islands.

TDIC has built a strong reputation among international industry players for its compelling value proposition, transparency of business approach and ability to deliver. The company has been awarded high investment grade ratings of A1, AA, and AA by three top credit rating agencies, Moody’s, Standard & Poor’s and Fitch Ratings, respectively. These ratings reflect TDIC’s strong financial position and support the company’s credit worthiness to investors, lenders and other market participants.

By creating investment partnerships and joint ventures, TDIC’s developments are helping to support the Emirate’s evolution into a world-class destination for tourists, businesses and residents. TDIC offers significant employment and vocational training opportunities for Emiratis keen to enhance their careers and professional qualifications.

For further information, please visit http://www.tdic.ae.

© Press Release 2017