Ohana Development introduces the final phase of Elie Saab Waterfront project on Al Reem Island

Metropolitan Capital Real Estate (MCRE), a key player in the Metropolitan Group and a notable entity in global real estate markets, is at the forefront of launching the Elie Saab Waterfront alongside Ohana Development.

Ohana Development has announced the second and final phase of the project's construction, giving buyers the final exclusive opportunity to buy a residence at Elie Saab Waterfront. The project's rapid sell-out of its initial phase highlights Abu Dhabi's vibrant real estate sector and the keen interest in this project from buyers.

The project promises to redefine luxury with its 39-story residential skyscraper featuring 174 high-end apartments and 300 parking spaces. Elie Saab Waterfront emerges from a prestigious partnership with fashion mogul Elie Saab, blending high fashion with luxurious living. Ohana Development’s commitment to sustainable and superior construction, combined with the iconic designer’s signature design, creates residences that are not only aesthetically pleasing but also embody sophistication and timeless elegance. Slated for completion in the first quarter of 2027, this project will be the first of its kind on the island and the second within all of Abu Dhabi. The apartments are priced from AED 2M (USD 545K) to AED 50M (USD 13.6M).

The residences, ranging from spacious penthouses to sophisticated apartments, feature panoramic views, exquisite design details and access to premium services. The building includes top-notch amenities such as a modern fitness centre, luxurious spa, paddle court, electric vehicle charging stations and infinity pools with cityscape views. The tower also offers concierge services, elegant lounges, a library, meeting spaces, manicured gardens, retail outlets and gourmet dining venues, ensuring a first-class lifestyle of comfort and elegance.

Husein Salem, CEO of Ohana Development, stated, “Our collaboration with Elie Saab represents a cornerstone in luxury real estate. Together, we are setting unparalleled standards for what it means to live elegantly. Elie Saab Waterfront transcends mere residence; it is the epitome of luxurious living and architectural innovation, crafted to offer our discerning clientele a truly enriching experience.”

Last year, Metropolitan Capital Real Estate swiftly sold over 100 premium villas in the Ohana by the Sea development, located at the Dubai and Ghantoot border, within just 30 days — a transaction worth over AED 1 billion and a record for off-market exclusive sales in the UAE.

Evgeny Ratskevich, CEO of Metropolitan Capital Real Estate, added, “As a leading associate of Ohana Development, we are pleased to sell the luxurious Elie Saab Waterfront project. This truly unique offering is in one of the most exclusive communities in Abu Dhabi and offers stunning views of the sea, Al Reem Island skyline and the marina, making it the perfect home for those who are looking for ultimate luxury.”

For those interested in this epitome of refined living, more details can be found at Elie Saab Waterfront by Ohana (ohana-development.com) .