Burtville Developments Starts First Hotel-Branded Homes in Masdar City, Abu Dhabi
Burtville Developments, a company in the UAE, announced on Tuesday the launch of its first hotel-style residential project, Bab Al Qasr Resort Residence 18 & 19, in Masdar City, Abu Dhabi.
Hotel-Branded Residential Project
A new residential project with a luxury hotel brand is being built in the area. Construction started earlier this year, and the project will have 483 units. It is the first of its kind in this location and is designed with Emirati-style architecture, according to a company statement on Tuesday.
The project covers 240,000 square feet, with a total built-up area of 915,000 square feet. It includes two buildings—one with six floors and the other with nine.
Green spaces make up 60% of the development. The project will have indoor and outdoor swimming pools, bicycle tracks, sports clubs, and community gardens.
Burtville said the residences will include one- to five-bedroom apartments, duplexes, ground-floor villas, and sky villas. These homes will be fully furnished with high-end finishes and will also have maid’s rooms and laundry areas.
This project reflects the growth of Abu Dhabi’s real estate market and government efforts to attract investment. The company believes it will meet the growing demand for high-end homes in the city.
Construction began earlier this year and is expected to be finished by the third quarter of 2028. Burtville is also working on other projects, such as 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 a planned urban community in Abu Dhabi. It was developed by Masdar, a subsidiary of Mubadala Investment Company, with most of the initial funding provided by the Abu Dhabi government.
Abu Dhabi’s Real Estate Market
Abu Dhabi’s real estate market grew in 2024, with a 10.5% increase in transaction value, reaching $26.2 billion (AED 96.2 billion), according to the Abu Dhabi Real Estate Centre (ADREC).
The number of transactions also increased by 24.2% compared to the previous year, reaching 28,249 deals. ADREC reported that:
-
16,735 sales transactions were completed, worth $15.9 billion (AED 58.5 billion).
-
11,514 mortgage transactions took place, totaling $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 saw a huge 125% increase in foreign direct investment (FDI), attracting over $2.14 billion (AED 7.86 billion) from 2,302 investors in 105 countries.
Published: 26th March 2025
For more article like this please follow our social media Twitter, Linkedin & Instagram
Also Read:
Reportage KSA sells $93M in 2024 after strong Riyadh growth
Saudi Aramco acquires 50% stake in Blue Hydrogen Gases
Saudi Arabia gave Yemen $12B, 264 projects (2012-2023)