Elie Saab Waterfront

By Ohana Development

From AED2,000,000

Property Type:	Unit type:	Size:	% Down	Payment Plan:	Handover:
Apartment	Not available	Not available	10%	90/10	Q1 - 2027

Overview

Elie Saab Waterfront is an exclusive complex from Ohana Development, which was created in collaboration with Lebanese fashion and style icon, Elie Saab. This is the second and final phase of this unique project. The commissioning of the complex is scheduled for Q1 2027.

Elie Saab Waterfront is destined to become the jewel of Al Reem Island. The project is a creation of world-class developer, Ohana Development, in collaboration with the famous fashion house Elie Saab. The complex is distinguished by a dazzling exterior contour inspired by the fluidity of the ocean waves, and resembling spiralling waves of pearl, setting it apart from other skyscrapers on the island. Surrounding the project is picturesque nature and developed infrastructure.

Elie Saab Waterfront features a collection of 173 designer 1-3 bedroom apartments and one exclusive penthouse that sits atop of the tower and occupies an entire floor. Depending on the configuration, areas of the residences start from 1,184 sq. ft to 14,768 sq. ft. Units feature fully equipped kitchens, cosy bedrooms, spacious living rooms with designer furniture and bathrooms with premium fixtures. Every detail of the interiors has been exquisitely crafted in the impeccable style of Elie Saab.

The exclusive infrastructure of the project includes a swimming pool with magnificent views of Al Reem Island, tennis court, fitness centre, gym, spa, lounge areas with lush gardens, charging stations for electric vehicles and more. Shopping and dining options are available without leaving the complex – spend the day browsing boutique stores or choose from a variety of international cuisines in luxurious restaurants.

Elie Saab Waterfront is located on Al Reem Island, a popular area of Abu Dhabi replete with beaches, shopping malls, leisure and entertainment venues. The complex is located on Al Ba’ St, next to Um Yifeenah St, which connects the island to other key areas of the emirate.

A 5-minute drive from Elie Saab Waterfront is the popular Reem Mall with premium restaurants, internationally-branded stores and Snow Abu Dhabi. Popular nurseries and schools such as Redwood Montessori Nursery, GEMS World Academy, Nord Anglia International School Abu Dhabi and Repton School Abu Dhabi can be reached in just 10-15 minutes by car. The road to the nearest Mediclinic hospitals – Al Reem Mall, Cleveland Clinic Abu Dhabi, MediQ Healthcare & Clinic LLC and Via Medica International Healthcare LLC – will take the same amount of time.

For those needing to travel frequently, Zayed International Airport is conveniently located just a 25-minute drive away. Lovers of cultural recreation can visit Saadiyat Island, which hosts exhibitions of modern art and is home to a museum of history and various galleries such as the famous Louvre Abu Dhabi. The whole family will enjoy outings to Yas Island, an entire island devoted to incredible theme parks, attractions and water parks.

Elie Saab Waterfront is an ideal choice for those who wish to live surrounded by beautiful nature, but not too far from the central areas of Abu Dhabi. The first phase of construction in this project sold out almost instantly, indicating its high investment potential. After completion, housing in Elie Saab Waterfront can be profitably resold or rented out to tenants on a short/long term basis and thereby generate passive income. The average rental price for a 1-bedroom apartment on Al Reem Island is AED 69K (USD 19K) per year, with an ROI of 7.7%.

The developer offers a convenient 90/10 payment plan, which includes a 5% commission fee when booking. The down payment is 25%, while another 60% must be paid during the construction process. The final 10% is due after the complex is commissioned in Q1 of 2027. Property owners in Elie Saab Waterfront will be able to apply for a 10-year, renewable Golden Visa for themselves, their family and domestic staff.