• Business

Abu Dhabi Residents Office Joins Forces with Nine Yards to Elevate Real Estate Investment

by Swati Gupta

September 21, 2023 23

ABU DHABI, 21st September, 2023 (WAM) — Nine Yards, a prominent Abu Dhabi-based real estate developer, has recently entered into a strategic partnership with the Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Economic Development (ADDED), aimed at bolstering the real estate investment sector and providing enhanced support to Nine Yards’ clientele.

This collaboration aligns seamlessly with ADRO’s strategic objectives, which revolve around simplifying the lives of Abu Dhabi residents, fostering their integration into society, and developing innovative smart services and benefits that enrich their daily lives. Moreover, the partnership is poised to attract top-tier talent, investors, and their families from across the globe to Abu Dhabi, reinforcing its status as one of the world’s most sought-after cities for living and working.

The synergistic alliance also serves to amplify Abu Dhabi’s allure as an investment hub, particularly within the real estate sector. This sector is a pivotal driver of economic growth, significantly influencing investors’ long-term strategies and plans.

Hareb Al Mheiri, Executive Director of ADRO, expressed enthusiasm regarding the partnership, stating, “We are excited to collaborate with Nine Yards Real Estate Development, which mirrors Abu Dhabi’s commitment to economic diversification and the establishment of model communities. These initiatives are designed to elevate the emirate’s quality of life, attract and retain exceptional talent, investors, and their families in Abu Dhabi. The partnership encompasses a diverse range of services and programs, aiming to create unparalleled investment opportunities and strengthen the emirate’s reputation as the preferred destination for growth and prosperity.”

Ahmed Selet, CEO of Nine Yards, underscored the significance of this collaboration in line with the UAE’s leadership vision, which seeks to attract investment and cultivate a distinctive and exceptional business environment for entrepreneurs and investors. Selet emphasized, “By nominating eligible investors for the Abu Dhabi Golden Visa, we contribute to the stability and convenience of our clients, thereby providing further support to the capital’s diversified and sustainable economy. We greatly value ADRO’s efforts in promoting Abu Dhabi as a unique global destination, efforts that will solidify the UAE’s economy and its ongoing pursuit of sustainable development.”

One of Nine Yards’ flagship projects, Sea La Vie, situated on the picturesque waterfront of Yas Bay on Abu Dhabi’s Yas Island, epitomizes luxurious living with a plethora of entertainment options and amenities. The development comprises four striking towers, encompassing a total of 668 residential units, including a diverse range of luxury apartments, lofts, townhouses, duplexes, and penthouses.

Sea La Vie’s coveted location offers residents and visitors awe-inspiring views, while its wealth of amenities includes an Infinity Lagoon, swimming pools, a children’s play area, a panoramic viewing platform, a state-of-the-art gym, a sauna, paddle tennis courts, and jogging tracks.

Investors who acquire properties exceeding AED 2 million in the Sea La Vie project become eligible to apply for the coveted Abu Dhabi Golden Visa, granting them a 10-year long-term residence permit. This provision aligns perfectly with ADRO’s vision of incentivizing investment in the capital.

The Abu Dhabi Golden Visa is extended to investors and distinguished talents worldwide, encompassing professionals, researchers, physicians, scientists, inventors, creative individuals, athletes, start-up entrepreneurs, and real estate investors.

In summary, the Sea La Vie project not only offers a luxurious and desirable living environment but also presents investors with a world-class investment opportunity. The inclusion of the Abu Dhabi Golden Visa benefit elevates its attractiveness, making it an even more enticing investment prospect.