Burtville Developments Launches First Hotel-Branded Residential Project In Masdar City, Abu Dhabi

Hotel-branded residential project

• The 483-unit development, which began construction earlier this year, is the first luxury hotel-branded residential project in the area, designed with a focus on Emirati-style architecture, a company statement showed Tuesday.
• The project spans over 240,000 square feet area and a built-up area of 915,000 square feet, consisting of two buildings with six and nine floors.
• Green spaces make up 60% of the development, with amenities such as indoor and outdoor swimming pools, bicycle tracks, sports clubs, and community gardens, according to the statement.
• Burtville said that the residences, which range from one- to five-bedroom apartments, as well as duplexes, ground-floor villas, and sky villas, come fully furnished with high-end finishes. Other features include maid's rooms and laundry areas.
• Burtville's development shows Abu Dhabi’s growing real estate market and government efforts to stimulate investment as a key driver behind the project.
• The company expects the development to meet the rising demand for upscale residential properties in the city.
• Construction began earlier this year, with completion set for the third quarter of 2028. Alongside this project, Burtville continues to make progress on other developments, including Ville 11 and Ville 12 in Masdar City, and Bab Al Qasr Residences 25 and 31 in Yas Bay, Yas Island.

Masdar city

Masdar City is an urban community development in Abu Dhabi. It was built by Masdar, a subsidiary of the state-owned Mubadala Investment Company, with the majority of seed capital provided by the Government of Abu Dhabi.

Abu Dhabi's real estate market

Abu Dhabi has seen a 10.5% year-on-year jump in the value of real estate transactions in 2024 to $26.2 billion (AED 96.2 billion), according to the Abu Dhabi Real Estate Centre (ADREC).

The total number of transactions surged by 24.2% year-on-year, reaching 28,249 transactions, ADREC said in the statement.

The sector recorded 16,735 sales transactions valued at $15.9 billion (AED 58.5 billion) and 11,514 mortgage transactions worth $10.26 billion (AED 37.7 billion).

In 2024, Abu Dhabi launched 38 new real estate projects for off-plan sales and completed 12 major developments. The emirate also registered a remarkable 125% year-on-year jump in foreign direct investment (FDI), attracting over $2.14 billion (AED 7.86 billion) from 2,302 investors across 105 countries.

Click Here: Burtville Developments Unveils First Hotel-Branded Residential Project In Abu Dhabi’s Masdar City