Rendr

Saadiyat Grove · Abu Dhabi

The Source Terraces by Aldar Properties

Under constructionApartmentApartment1 bed to 4 bed, 1,085 – 7,032 sqft80Good
Price from
AED 2.22M
≈ $603K
Per sqft
AED 2,042
estimated
Handover
Q3 2027
21.6% built
Payment plan

About

The Source Terraces is the smallest of Aldar's three Source buildings in Saadiyat Grove: 58 homes from one to four bedrooms, from about 1,085 to 7,032 sq ft, sharing the wellness facilities of the first phase.

Prices start at AED 2,215,600 and Aldar's completion date is the third quarter of 2027. The project is registered in Abu Dhabi as 20240000219895 and was 21.6% built at the register's last reading. Sales opened on 25 April 2024.

The starting price, launch and completion dates are as published by Aldar on 9 September 2026; confirm availability and the service charge with the developer before committing.

  • 58 homes in Saadiyat Grove
  • 1 to 4-bedroom apartments, 1,085 to 7,032 sq ft
  • From AED 2,215,600
  • Completion Q3 2027, 22% built
Status
Under construction
Sales launch
25 Apr 2024
Total units
58
Ownership
Freehold

Unit types

TypeBedroomsSize (sqft)
Apartment1 bedfrom 1,085
Apartment2 bed
Apartment3 bed
Apartment4 bedup to 7,032

Rendr score

80of 100 · Good

Based on 5 of 7 factors, 80% of the weight. Our opinion, not investment advice.

Every factor, its weight and the data behind it are listed below. The formula is public: how the Rendr score works.

How it was scored
  1. Price against what buyers actually paidweight 25

    Asking AED 2,042/sqft (estimated) against the median of AED 3,703/sqft for apartments in Saadiyat Island: 44.9% below. Developer sales, last 6 months, 603 sales.

    ADREC's register of sales, as of 7 Sep 2026

    100
  2. Developer track recordweight 20

    Abu Dhabi's largest listed developer and the master developer of Saadiyat, Yas and Fahid Island. Aldar reported 141 active construction sites running to plan in 2026 and handed over 1,075 homes in the first quarter alone, against a target of 3,500 for the year.

    Owner assessment, as of 9 Sep 2026. Sources: aldar.com, arabianbusiness.com

    90
  3. Payment planweight 15

    Needs the payment plan.

    not yet assessed
  4. Location and infrastructureweight 15

    Rated for Saadiyat Grove; applies to every project there.

    Aldar's mixed-use district beside the cultural quarter, planned around a shopping mall, cinema, town square and branded residences, with the full opening set for 2026. The location and connections are strong; much of what will make it a working neighbourhood is still opening.

    Owner assessment, as of 9 Sep 2026. Sources: saadiyatgrovead.ae

    72
  5. How easy it is to sell laterweight 10

    470 resales of apartments registered in Saadiyat Island in the last twelve months.

    ADREC's register of sales, as of 7 Sep 2026

    100
  6. Construction on scheduleweight 10

    21.6% built against 69% expected by now (launched 25 Apr 2024, handover by 30 Sept 2027).

    aldar.com (Aldar's property service), price and dates read 2026-09-09; abudhabioffplan.ae ("The Source Terraces" page), saved 2026-09-07, as of 9 Sep 2026

    0
  7. The basics on fileweight 5

    Needs a check of the escrow account and the ADREC project registration.

    not yet assessed

How the score has changed

  • 80 on 9 Sep 2026: Price against what buyers actually paid is now assessed (100).
  • on 9 Sep 2026: Construction on schedule is now assessed (0).
  • on 9 Sep 2026: Developer track record is now assessed (90); Location and infrastructure is now assessed (72).

Price against the market

−45%below

Asking AED 2,042/sqft (est.) against the ADREC median of AED 3,703/sqft for apartments in Saadiyat Island, as of 7 Sep 2026.

Developer sales, last 6 months, 603 registered sales. Source: ADREC / DARI.

ADREC registers every sale in Abu Dhabi. The median is what buyers actually paid per sqft nearby; the gap shows where this asking price sits against it.

Location

Mixed-use district beside the Cultural District.

Registration and trust

Escrow account
Not published yet
ADREC project registration
20240000219895
Developer licence
Not published yet
Brochure
Not published yet
Figures from
aldar.com (Aldar's property service), price and dates read 2026-09-09; abudhabioffplan.ae ("The Source Terraces" page), saved 2026-09-07
Last verified
9 Sep 2026

An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Abu Dhabi Real Estate Centre (ADREC) on dari.ae. Always check them, and pay into the escrow account only, before handing over a deposit.

Changes

  1. Listed on the site

    Source: aldar.com (Aldar's property service), price and dates read 2026-09-09; abudhabioffplan.ae ("The Source Terraces" page), saved 2026-09-07

All projects in Saadiyat Grove

The Source Terraces: questions buyers ask

How much does The Source Terraces cost?
Prices at The Source Terraces start from AED 2,215,600 (about $603K) for 1-bedroom, 2-bedroom, 3-bedroom and 4-bedroom homes, which is around AED 2,042 per sqft, estimated from the unit sizes. Asking prices come from the developer and change without notice.
When does The Source Terraces hand over?
The Source Terraces is expected to hand over in Q3 2027. The project is under construction. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.
Who is the developer of The Source Terraces?
The Source Terraces is being developed by Aldar Properties. It sits in Saadiyat Grove, Abu Dhabi. You can see every project by Aldar Properties we list, and how their asking prices compare with registered sales, on their page.
Can foreigners buy at The Source Terraces?
The Source Terraces is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Abu Dhabi sets which zones are freehold; confirm the title type on your own unit's contract before paying.
Is The Source Terraces registered and escrow-protected?
The Source Terraces is registered with the Abu Dhabi Real Estate Centre (ADREC) under number 20240000219895. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dari.ae before you pay.

From

AED 2.22M

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