INSIGHTS & TIPS
Final phase of Elie Saab Waterfront project on Al Reem Island from developer Ohana Development
14th May 2024
The prices mentioned in the article are
current as of the date of publication
The prices mentioned in the article are current as of the date of publication
Ohana Development and Metropolitan Capital Real Estate are pleased to announce a strategic partnership to launch Al Reem Island’s first-of-its-kind designer project Elie Saab Waterfront. The developer announced the second and last phase of construction. Don't miss the opportunity to become one of the last owners of a luxury residence in a unique project from Ohana Development and Elie Saab. Demand for such remarkable residences is evidenced by the fact that the first phase of The Elie Saab Waterfront project completely sold-out of available units.
Leading developer, Ohana Development, is writing a new chapter in the story of luxury housing in Abu Dhabi with the Elie Saab Waterfront project.
This majestic 39-storey residential tower takes centre stage on Al Reem Island and represents a truly innovative approach to luxury living. Interiors are finished in high-quality natural materials, while close attention was given to colour schemes and custom-made furniture which provide an elegant atmosphere of privacy and style. The complex – which is scheduled for completion in Q1 2027 – consists of 174 luxury apartments, prices for which start at AED 2M (USD 545K) and go up to AED 50M (USD 13.6M). Notably, the project provides 300 parking spaces for residents.
Each residence at Elie Saab Waterfront offers breathtaking panoramic views, luxurious design, high-end services and exclusive amenities. Among them are: a fully equipped fitness centre, spa, padel tennis court, an infinity pool overlooking the island and charging stations for electric vehicles. This project is created to satisfy its sophisticated residents’ every need and provide them with a luxurious and comfortable lifestyle.
Husein Salem, CEO of Ohana Development, said: “Our collaboration with Elie Saab represents a cornerstone in luxury real estate. Together, we are setting unparalleled standards for what it means to live elegantly. Elie Saab Waterfront transcends mere residence; it is the epitome of luxurious living and architectural innovation, crafted to offer our discerning clientele a truly enriching experience.”
Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate, had this to say: “As a leading associate of Ohana Development, we are pleased to sell the luxurious Elie Saab Waterfront project. This truly unique offering is in one of the most exclusive communities in Abu Dhabi and offers stunning views of the sea, Al Reem Island skyline and the marina, making it the perfect home for those who are looking for ultimate luxury.”
Esteemed real estate firm, Metropolitan Capital Real Estate, demonstrated its expertise and efficiency last year by closing on more than 100 premium villas in the "Ohana by the Sea" project in just 30 days. The company, to which the residences were transferred on exclusive terms, has set a new standard for quick turnover in sales of real estate in the UAE.
For more information about the magnificent Elie Saab Waterfront project, please visit the official website of Ohana Development.
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