Park View Apartment

Description

Park View Apartments on Saadiyat Island

If you're in pursuit of contemporary living amid serene surroundings with a side of lucrative investment potential, look no further than Saadiyat Island in Abu Dhabi. Among its many treasures, the Park View Apartments, developed by the esteemed Bloom Holding, stand out as a beacon of modernity. In this comprehensive guide, we'll take you on a journey to explore everything you need to know about these apartments, from their impressive features to why they are an exceptional investment opportunity. Let's embark on this exciting voyage to uncover the charm of Park View.

A Peek into Park View

Nestled on Saadiyat Island, directly opposite the world-renowned New York University Abu Dhabi, Park View is a distinctive complex consisting of two striking buildings. What sets these buildings apart is the unique bridge connecting their upper floors, complete with a pedestrian zone and a delightful swimming pool. One portion of Park View is home to 217 hotel rooms, while the other offers 230 residential apartments.

Park View's range of residential options includes studios and apartments spanning from one to three bedrooms. Sizes vary from the cozy confines of 487 square feet to the spacious expanse of 1,736 square feet. These residences come complete with contemporary kitchens and built-in closets. The combination of panoramic glazing and light-hued finishes on the walls creates an atmosphere of openness and comfort.

Location: Saadiyat Island, Abu Dhabi, UAE
Units: Studios-3BR Apartments
Type of Project: Residential Buildings
Area from: 500 - 1735 Sqft
Price From: AED 900,000
Status of Project: Completed
Possession From: Q1 2023
Developer: Bloom
Total Amount of Units: 234

Park View's Impressive Amenities

Park View Apartments offer an array of modern amenities and services designed to enhance your quality of life:

Swift Access to the Beach and Scenic Walking Paths: Immerse yourself in the serene beaches and picturesque walking paths just moments from your doorstep.
Round-the-Clock Security and Surveillance Cameras: Your safety is of paramount importance, with 24/7 security and vigilant surveillance.
Expansive Lobby with a Welcoming Reception: A spacious lobby staffed with attentive personnel ensures a grand entrance every time.
Pet-Friendly Accommodations: Park View understands the significance of pets as family, creating a welcoming environment for them.
Dedicated Playground: A specially designed playground ensures that the younger members of your family have a safe and enjoyable space to play.
Steam Rooms and Saunas: Relax and rejuvenate in the steam rooms and saunas available to residents.
Convenient Parking Facilities: Hassle-free living is ensured with well-planned parking spaces.
Infinity Pool: Take a refreshing dip in the infinity pool while enjoying breathtaking views.
Fully Equipped Gym: Stay fit and active with the convenience of an on-site gym.
Jacuzzi: Unwind in the soothing waters of the Jacuzzi.

Why Invest in Park View

Investing in Park View on Saadiyat Island presents a golden opportunity for capital preservation and passive income generation. The location offers a rich tapestry of attractions, including museums, pristine beaches, a prestigious golf club, and ongoing developments in entertainment facilities. Excellent transport links connect the island to the mainland and other parts of the emirate, ensuring convenience and accessibility.

The affordability of Park View properties makes them a prime choice for investors. Studios cater to students, while apartments are ideal for young couples and families with children. Rental prices in the complex start from AED 40,000 (USD 11,000) per year, making it an attractive prospect for potential tenants.

When it comes to return on investment (ROI), Park View stands out on Saadiyat Island. Studios offer an impressive ROI of 8.3%, closely followed by 1-bedroom apartments at 7.2%. Residences with 2 and 3 bedrooms offer competitive ROIs of 6.5% and 6.4%, respectively.

Convenience at Your Doorstep

Park View's strategic location ensures convenience beyond comparison. Within the complex, you'll find Saadiyat To Go Supermarket and Cappucci Restaurant & Cafe. For everyday essentials, Day Mart Convenience Store is just a short 10-minute walk away, while Leen Express LLC and Carrefour Supermarkets are a brief 5- to 10-minute drive away.

Should you crave a shopping spree or a delightful dining experience, Reem Mall in Al Reem and The Galleria at Al Maryah Island are within easy reach, just a 15-20 minute drive away.

Education and Healthcare

For families, education and healthcare are of paramount importance. Fortunately, Park View is surrounded by excellent options. New York University Abu Dhabi and Bright Beginnings Nursery School are both within a 10-minute walk. Théodore Monod International French School is a mere 10-minute drive away, while Al Mashael National Private School and GEMS Winchester School can be reached in 20 minutes.

Healthcare needs are also well-covered, with hospitals in Al Danah and Al Manhal districts a convenient 20-25 minute drive away. These include Sheikh Khalifa Medical City, Burjeel Hospital, and Al Elaj Hospital.

Seamless Connectivity

Getting around from Park View is a breeze. The Saadiyat New York University 1/Laffan St. bus stop is just a stone's throw away. If you prefer a private car or cab, a short 5-minute drive connects you to Sheikh Khalifa Bin Zayed St., offering easy access to Saadiyat Island, Al Mina, and Al Jubail Island areas.

For leisure and travel, Park View is ideally situated. It's a quick 10-minute drive to the public beach and Saadiyat Beach Golf Club. Additionally, Abu Dhabi International Airport and the bustling Capital Centre business district are just a half-hour drive away.

In Conclusion Park View Apartments on Saadiyat Island embody modern living in a serene and thriving community. With their affordable yet appealing investment options, impressive amenities, and strategic location, they are the epitome of a place where both residents and investors can thrive. Don't miss out on the opportunity to call Park View home or add it to your investment portfolio.