Abu Dhabi, 4/1/2013 11:00:00 AM - Tourism Development & Investment Company (TDIC), master developer of tourism, cultural and residential destinations in Abu Dhabi, opened the second phase of its Eastern Mangroves resort residential component - The Promenade Apartments - for lease after receiving high demand and successfully leasing out its first phase of residences in this luxury waterfront development in Abu Dhabi city.
The Eastern Mangroves Promenade Apartments offer a selection of 170 sleek and spacious apartments set across two buildings, of which one building of 77 apartments will be available for lease at this stage, offering the exclusivity of resort-style living and the convenience of a prime city location. These are available in one, two and three-bedroom apartments, as well as three-bedroom penthouses. The breathtaking views from these high-end urban apartments offer residents unobstructed views of the lush green mangroves naturally thriving on the edge of the Arabian Gulf waters, while an impressive Abu Dhabi skyline panoramically frames the background of this world-class development. For a limited period only, TDIC is offering special pre-launch annual leasing rates with a variety of payment and financing options.
Residents of the Eastern Mangroves Promenade Apartments enjoy a number of private facilities, including two swimming pools, a gymnasium and extensive parking spaces. The apartments are available in varying sizes ranging from 102 square metres for a one-bedroom to 252 square metres for a three-bedroom, while penthouses range from 878 square metres to 1,063 square metres.
Ahmed Al Fahim, Executive Director of Marketing, Communications, Sales and Leasing at TDIC, stated: "We are delighted to welcome Eastern Mangroves Promenade Apartments, which is the latest addition to this premium development. Following the successful leasing and high demand received for the Eastern Mangroves Residences, we are expecting to receive high interest for the second residential phase as potential tenants will have a greater variety of apartments and penthouses to choose from. Tenants will enjoy stunning views of the marina, as well as easy and direct access to the soon-to-open retail complex, offering exciting venues and food and beverage outlets."
These luxury units will offer the comforts of waterfront living, as well as high levels of privacy, featuring dramatic views over the marina and its facilities. The interior design of Eastern Mangroves Promenade Apartments has been inspired by the surrounding green mangroves and waterways. Each apartment features exceptional finishes, including a semi-fitted large open kitchen with Bosch appliances, Dark Emperador Galala marble tops and red oak timber wood, finished in a warm and fresh palette, complemented by accents of light timber and stone.
Residents of the apartments, as well as visitors, will enjoy the convenience of having a vibrant retail complex right at their doorstep. The Promenade will feature an eclectic variety of outlets, including six restaurants, which are internationally and locally acclaimed to suit a range of tastes and price points, with a supermarket and ladies beauty salon. The Promenade features a loose interpretation of a souk-type avenue with its arch-fronted open colonnade providing a pedestrian zone specifically for the retail areas, where residents can enjoy jogging, biking and various social activities, and gain access to al fresco dining venues. Meanwhile, the location of the retail area offers great views of the mangroves and Abu Dhabi will provide an inviting, enjoyable and open-air environment for customers and visitors who can benefit from extensive parking facilities including 370 parking spaces and a dedicated valet service.
These exclusive residences form part of the Eastern Mangroves complex which also features the 222-room five-star Eastern Mangroves Hotel & Spa by Anantara, opened in June 2012, which offers a spa and a variety of restaurants. The complex comprises the luxurious Eastern Mangroves Residences, the first residential phase launched in September 2012, consisting of a limited number of 50 residences including 48 three-bedroom apartments and two four-bedroom penthouses that are set across six low-rise buildings with only two apartments per floor. The development will also include the Eastern Mangroves Promenade retail complex, scheduled to open in the second quarter of 2013.
The Eastern Mangroves complex occupies a prime position along a 1.2-kilometre stretch of Abu Dhabi's protected Eastern Mangroves district, and is only 15 minutes from Abu Dhabi International Airport. The development also benefits from being situated in one of the city's most accessible locations, with easy access to the city centre via Sheikh Zayed Street.
Residents will enjoy a number of privileges and benefits from the Eastern Mangroves Hotel & Spa by Anantara including, the hotel's à la carte services, in-residence housekeeping, laundry and spa treatment at special discounted rates. In addition, residents who wish to experience other high-end residences will have the opportunity to transfer from the Eastern Mangroves Promenade Apartments to any of TDIC's real estate portfolio including the prestigious St. Regis Apartments, St. Regis Villas and Saadiyat Beach Villas with no exit penalty and a minimum notice period.
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