Abu Dhabi’s Tourism Development and Investment Company (TDIC) has announced F&B and retail leasing opportunities at Mamsha Al Saadiyat, Saadiyat Island’s new beachfront living project.
More than 11,000m2 of leasable space is available and the approximate available shop size ranges from 50 m2 to 350 m2. The majority are beachfront units with indoor and outdoor spaces and direct access to the beach.
Sufian Hasan Al Marzooqi, chief executive officer of TDIC commented: “We are very excited to introduce this business prospect to F&B and retail establishment owners.
“This project is unique to the region and marks a significant milestone for Saadiyat Island. We are looking forward to our new partnerships with business investors who share our commitment to continued growth and development in the region.”
Situated in Saadiyat Cultural District within walking distance of the Louvre Abu Dhabi, Mamsha Al Saadiyat will offer residents sea views and F&B and retail establishments.
Out of 461 units under development, 414 are apartments or lofts offering one to four bedrooms, including nine duplex penthouses with five bedrooms, a pool and terrace. The remaining 47 are townhouses.
Earlier this year, the concrete groundwork and structure for all buildings was completed and the project is scheduled for delivery by the second half of 2018.
Al Marzooqi continued: “Mamsha Al Saadiyat is an exciting residential destination that connects the liveliness of opulent hotels, world-cuisine restaurants, boutique retail establishments and luxurious facilities with the tranquility of iconic museums, white sand beaches and natural surroundings, all within walking distance from one another.”