Overview

Property Description

Located on Saadiyat Island directly across from New York University Abu Dhabi, Park View is a development by Bloom Holding. One part of the complex consists of 217 hotel rooms, the other 230 residential apartments, connected by a bridge with a pedestrian zone and a swimming pool. There are studios and apartments with 1 to 3 bedrooms available at Park View. Sizes range from 487 square feet to 1,736 square feet. Each residence comes with a kitchen and built-in closet. The rooms appear larger due to the panoramic glazing and light finishes on the walls. Studios at Park View start at AED 590,000 (USD 161,000), apartments at AED 875,000 (USD 238,000). *Prices are valid for 2021 In addition to preserving capital and generating passive income, Saadiyat Island offers museums, beaches, a golf club, and new entertainment facilities are being built. The area also has excellent transport connections to the mainland and other parts of the emirate which can be reached easily and quickly. Rental prices at Park View start at AED 40,000 (USD 11,000) per year and are suitable for students, young couples, and families with children. The highest ROI on Saadiyat Island is 8.3% for studio apartments, followed by 7.2% for 1-bedroom apartments, and 6.5% and 6.4% for 2- and 3-bedroom residences.

Location