The Louvre in Paris has its place in Abu Dhabi, and the well-known “museum of sands” was inaugurated in 2017. This space in Abu Dhabi was established as the first universal museum of the Arab world located in the capital, thanks to an exorbitant financial investment. This presence was part of an agreement with France to pay 1.3 billion dollars (over 1.193 million euros) for the use of the ‘Louvre’ brand for 40 years.
This beautiful and lush museum is also a sign of luxury and culture in Abu Dhabi, a clear indication that the culture of other countries can also be combined with Middle Eastern culture. Currently, this building is one of the emblems within the city, which will also draw part of its inspiration from a real estate development that promises luxury investments with high returns.
The Louvre residences arrive in Abu Dhabi.
Real estate projects are part of the economic growth of Abu Dhabi, where investments in this sector are increasing with the arrival of foreign millionaires and the rise of family offices. In this context, the successful construction company Aldar launched the mega development called Louvre Abu Dhabi Residences by Aldar.
This is a residential complex of 400 apartments located in a privileged area of the city, with sea views and a strong investment potential for interested parties. This site will feature spaces such as Le Salon Détente, exclusive for residents, which will showcase art exhibits from the very best. It will also include its own movie theater, a wellness center, and a spa in the finest French style.
Other new projects in Abu Dhabi promise to increase investments.
If it comes to real estate projects, Abu Dhabi remains at the forefront of property developments, which marks a constant growth of the United Arab Emirates, receiving a significant influx of expatriates and foreigners from areas such as Asia and Russia. In this context, real estate programs increase according to demand, making condominiums part of this trend.
One of the new sites is Ramhan Island, off the coast of Abu Dhabi. This space is recent but can become one of the favorite destinations for luxury and exclusivity lovers because it features 1,800 independent villas, 900 residences at the marina, luxury brand residences, its own shopping center, and a waterfront promenade that makes it unique. Here, property values range from 12.8 million dirhams (more than 1 million euros).
Living in the mountains, in the heart of Abu Dhabi.
Mountain living is also one of the ambitions of nature lovers, even if it is not possible in a place like Abu Dhabi. In this case, the “Sama Yas” project may bring a bit of that lifestyle to the city of skyscrapers with the construction of three 17-story buildings, featuring unique cascading architecture that resembles mountains.
These homes have a value of 3.3 million dirhams (2 million euros) and are offered in their 1, 2, and 3-bedroom variants. These apartments feature high-quality materials, such as shiny Italian marble, natural wood, and porcelain tile. Additionally, they possess all the amenities that only the lifestyle of Abu Dhabi can offer, with valet parking service, an elegant lobby, and a private concierge desk, as well as a smart home system.
