• The Vida Residences Saadiyat Island project is expected to be completed by the end of 2027.
• All units in the project, which offers a modern residential experience combining creative design and community spirit, have been sold.

Abu Dhabi, United Arab Emirates : Al Ain Asset Management, a leading asset management company based in Abu Dhabi, announced the official commencement of construction work on the Vida Residences project on Saadiyat Island, Abu Dhabi, in partnership with Vida Hotels and Resorts, part of Emaar Hospitality Group, marking an exceptional milestone with the arrival of the first Vida-branded residential units in the capital, Abu Dhabi .

The Vida Residences project on Saadiyat Island is witnessing exceptional demand from buyers, reflecting investors' confidence in Vision Al Ain Asset Management and its professional approach to managing projects efficiently and with high quality. This is further supported by Vida Hotels and Resorts' ability to offer a modern and distinctive lifestyle and exceptional service. The early sale of all units this year underscores the strength of Abu Dhabi's luxury real estate market and the high demand for premium residential projects offering unique amenities and services on Saadiyat Island .

The project site witnessed a groundbreaking ceremony attended by senior officials from Al Ain Asset Management and Vida Hotels and Resorts, along with the main consultants and project partners, to launch the implementation phase after the completion of the designs and planning, and to highlight the tangible progress in developing one of the most prominent branded residential projects on Saadiyat Island .

The Vida Residences project on Saadiyat Island comprises 121 fully furnished residential units, ranging from one to three bedrooms, designed to embody the contemporary style and creative energy that characterize the Vida brand, with a focus on a seamless, connected lifestyle. The project targets young entrepreneurs, creatives, and international residents seeking innovative spaces, facilities, and services that meet their daily needs with the utmost comfort .

The project boasts a prime location, offering residents easy access to world-class cultural landmarks such as the Louvre Abu Dhabi, the Zayed National Museum, and the upcoming Guggenheim Abu Dhabi. Adjacent to prestigious educational institutions like New York University Abu Dhabi, Harrow School Abu Dhabi, and Lycée Louis Massignon, it is an ideal choice for families. The stunning natural scenery of beaches and leisure areas on Saadiyat Island complements the project, creating a comprehensive residential environment that combines comfort, luxury, and a balanced lifestyle .

The project offers a vibrant residential experience focused on a modern lifestyle, through a main plaza that combines shops, restaurants and various indoor and outdoor social spaces, along with carefully designed common areas to promote interaction and build a cohesive community .

The needs of families and pets have also been taken into account, as the project includes a dog park and recreational facilities for children, including play areas and small recreational water pools, to provide a comprehensive and welcoming residential environment suitable for all members of the community .

Residents will enjoy a range of hospitality-inspired services, including concierge, reception, 24-hour security, doorman and luggage services, as well as apartment cleaning, laundry, and coordinating the delivery of purchases, in addition to providing full management and ongoing maintenance of the properties on site to ensure the comfort and ease of daily life .

On this occasion, Khaled Al Khoury, General Manager of Al Ain Asset Management, said : “The launch of construction work on the Vida Residences project on Saadiyat Island represents a strategic and pioneering step for Al Ain Group, confirming our commitment to providing exceptional residential destinations that blend innovative design, community spirit, and unique living experiences. The project embodies the vibrant and contemporary identity of the Vida brand, and we are proud to launch a project that combines creativity, connectivity, and high-end services in one of the most sought-after locations in Abu Dhabi .”

For his part, Nicholas Bellaton, President of Hospitality at Vida Hotels and Resorts, said : “The Vida Residences project on Saadiyat Island represents an exciting milestone for the Vida brand with the introduction of our first branded residential units in Abu Dhabi. The project reflects Vida’s contemporary and community-oriented philosophy and underscores our commitment to creating design-driven residential experiences that meet the needs of the new generation of global residents .”

Saadiyat Island continues to solidify its position as a leading residential and leisure destination, combining world-class cultural institutions, stunning natural beauty, and luxurious hospitality experiences. The commencement of construction on the Vida Residences Saadiyat Island project reflects the island's ongoing dynamic development and underscores the strong investor confidence in Abu Dhabi's real estate market .

Through projects such as Vida Residences Saadiyat Island, Al Ain Asset Management affirms its commitment to implementing its strategy of partnering with prestigious global brands in the lifestyle and hospitality sectors, with the aim of delivering innovative and thoughtfully designed residential communities that provide sustainable value and contribute to shaping the urban future of Abu Dhabi .

For more information, please visit the website: https://www.alainam.ae/vida-residences-saadiyat-island/

About "Al Ain" Asset Management:

Al Ain Asset Management is a diversified investment group active in capital management, real estate, hospitality, and education. Founded in 1996, it seeks to support the social and economic growth of the communities in which it operates through sustainable, culture-sensitive investments .

Headquartered in Abu Dhabi, Al Ain Asset Management offers projects and partnerships aimed at delivering long-term value and enhancing the quality of life in the region. Committed to the values of integrity, innovation, and performance excellence, Al Ain Asset Management creates a lasting financial and social impact for its partners, investors, and the communities it serves .

Website: alainam.ae

Instagram: @alainam.ae

LinkedIn: ALAIN

Phone: 800 1144

About Vida Hotels and Resorts

Vida Hotels and Resorts is part of Emaar Hospitality Group, a distinctive and upscale hotel and residential community brand targeting the new generation of executives, entrepreneurs and travelers seeking a hotel experience that combines business and leisure .

The name "Vida" means life in Spanish, and the brand reflects warmth, simplicity, and creativity in thoughtfully designed spaces. Vida hotels are vibrant destinations where inspiring ideas can converge and come alive, providing a stimulating environment that combines elegance, comfort, and interaction .

Vida Hotels and Resorts owns five properties in Dubai: Vida Dubai Mall, Vida Emirates Hills, Creek Beach, Vida Dubai Marina & Yacht Club, and Vida Creek Harbour. It also operates hotels and serviced apartments in Egypt, Bahrain, and other key markets in the region, with its services also offered at Vida serviced apartments .

Website: www.vidahotels.com

About Emaar Hospitality Group

Emaar Hospitality Group, the hotel and leisure arm of Emaar Properties, is a global leader in luxury hospitality and lifestyle, and the developer behind Burj Khalifa, the world's tallest building. Headquartered in Dubai, the group manages 28 hotels with over 5,600 rooms in the UAE, Saudi Arabia, Bahrain, Egypt, and Turkey .

The group's portfolio includes luxury and distinctive hotel brands such as Vida Hotels and Resorts, Al Qasr Hotels and Resorts, and Armani Hotel Dubai, each offering a unique experience that blends international hospitality with cultural authenticity. Its hotels also feature residential apartments under each brand, providing a combination of elegance, comfort, and modern amenities .

In partnership with Rove Hotels, the group operates 10 additional hotels comprising approximately 3,600 rooms, offering a modern hotel experience to suit contemporary travelers .

Emaar Hospitality Group operates 39 outstanding leisure facilities, including world-class golf courses at Dubai Hills Golf Club and The Montgomery Golf Club, polo and equestrian facilities at Dubai Polo & Equestrian Club, and marinas such as Dubai Marina, Dubai Creek Yacht Club and Dubai Creek Yacht Club, to provide a unique leisure and entertainment experience .

The group is also known for its distinctive restaurants, including: Atmosphere, Thep Tara, Le Brazi, Zeta Seventy Seven, and Musam, offering unforgettable dining experiences in iconic locations .

The group also launched the Vio Fitness & Wellness brand, which offers comprehensive health and fitness programs and supports the building of active and interconnected communities .

Through its loyalty program, UBAY Emaar, the group provides personalized rewards and experiences, driven by innovation, sustainability and perfect service .

Website: www.emaarhospitality.com

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