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King David Residences

Rezid Holding · 12 Merab Aleksidze Street, Saburtalo, Tbilisi

King David Residences 1 / 10
2017 (completed)Completion
from $131 000entry price for a property
from 20%deposit to reserve the unit
163 apartmentsProject size

Georgia's First Condominium, Winner of the International Property Awards

King David Residences is a $70 million project by the Austrian holding company Rezid Holding GmbH, built on a hill above the Queen Tamar Bridge in the Saburtalo district. The complex comprises a 32-story residential tower with 163 apartments and a 19-story Class A business center, joined by shared amenities.

Panoramic-format apartments of 50–314 m² with views of central Tbilisi and Mount Kazbek range from 1–2-bedroom units to duplexes and penthouses on the top floors. The complex has been operating since 2017 and was the first in Georgia to combine residential, office, and hotel-style service under a single condominium format.

In 2016–2017, the project received the International Property Awards for best mixed-use development in Georgia (5-star rating).

$70 millioninvested in the project
163apartments in the 32-story tower
2016–2017International Property Awards

Floor plans and prices

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1-Bedroom, 64.4 m²
1-Bedroom, 64.4 m²
64.4 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold
from $131,000
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1-Bedroom, 66.1 m²
1-Bedroom, 66.1 m²
66.1 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold
from $134,000
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1-Bedroom, 76.7 m²
1-Bedroom, 76.7 m²
76.7 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold
from $156,000
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1-Bedroom, 99.0 m²
1-Bedroom, 99.0 m²
99.0 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold
from $201,000
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1-Bedroom, 99.1 m²
1-Bedroom, 99.1 m²
99.1 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold
from $201,500
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2-Bedroom, 95.3 m²
2-Bedroom, 95.3 m²
95.3 m² · 2 Bedrooms · Floor 7 of the residential tower · standard floor layout
from $193,500
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2-Bedroom, 99.4 m²
2-Bedroom, 99.4 m²
99.4 m² · 2 Bedrooms · Floor 27 of the residential tower · panoramic windows · sold
from $202,000
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2 Bedrooms + Study, 160.1 m²
2 Bedrooms + Study, 160.1 m²
160.1 m² · 2 Bedrooms + Study · Floor 7 of the residential tower · panoramic windows · available
from $325,500
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3-Bedroom, 151.3 m²
3-Bedroom, 151.3 m²
151.3 m² · 3 Bedrooms · Floor 8 of the residential tower · panoramic windows · available
from $307,500
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3-Bedroom, 157.9 m²
3-Bedroom, 157.9 m²
157.9 m² · 3 Bedrooms · Floor 8 of the residential tower · panoramic windows · available
from $321,000
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White Box, 206.9 m²
White Box, 206.9 m²
206.9 m² · no interior partitions · Floor 8 of the residential tower · available
from $420,500
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Duplex, Floors 17–18
Duplex, Floors 17–18
2 Levels · Floors 17–18 of the residential tower · panoramic windows · 4 apartments of this format
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Penthouse, Floors 29–30
Penthouse, Floors 29–30
Top Level · Floors 29–30 of the residential tower · 360° panoramic view
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A Pool, Fitness Center, and Class A Business Center

Pool with panoramic glazing Pool with panoramic glazing
Snap Fitness center Snap Fitness center
Class A business center lobby Class A business center lobby
Conference rooms and the Sky Hall Conference rooms and the Sky Hall
View of the complex from the Kura riverfront View of the complex from the Kura riverfront
Business-format apartments in the business center Business-format apartments in the business center

Purchase terms

€2,290–2,970 / m²resale price (+18% VAT)
163apartments in the complex
7,8%TBC Bank mortgage rate

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