King David Residences — Rezid Holding

About the Project

Saburtalo · Above the Queen Tamar Bridge

Winner of the International Property Awards 2016–2017

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).

1-Bedroom, 64.4 m²

64.4 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold

from $131,000

1-Bedroom, 66.1 m²

66.1 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold

from $134,000

1-Bedroom, 76.7 m²

76.7 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold

from $156,000

1-Bedroom, 99.0 m²

99.0 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold

from $201,000

1-Bedroom, 99.1 m²

99.1 m² · 1 Bedroom · Floor 27 of the residential tower · panoramic windows · sold

from $201,500

2-Bedroom, 95.3 m²

95.3 m² · 2 Bedrooms · Floor 7 of the residential tower · standard floor layout

from $193,500

2-Bedroom, 99.4 m²

99.4 m² · 2 Bedrooms · Floor 27 of the residential tower · panoramic windows · sold

from $202,000

2 Bedrooms + Study, 160.1 m²

160.1 m² · 2 Bedrooms + Study · Floor 7 of the residential tower · panoramic windows · available

from $325,500

3-Bedroom, 151.3 m²

151.3 m² · 3 Bedrooms · Floor 8 of the residential tower · panoramic windows · available

from $307,500

3-Bedroom, 157.9 m²

157.9 m² · 3 Bedrooms · Floor 8 of the residential tower · panoramic windows · available

from $321,000

White Box, 206.9 m²

206.9 m² · no interior partitions · Floor 8 of the residential tower · available

from $420,500

Duplex, Floors 17–18

2 Levels · Floors 17–18 of the residential tower · panoramic windows · 4 apartments of this format

Penthouse, Floors 29–30

Top Level · Floors 29–30 of the residential tower · 360° panoramic view

Rezid Holding GmbH — $70 Million Invested in King David

Rezid Holding GmbH is an Austrian holding company that invested roughly $70 million to build King David Residences. The project was carried out under a signed cooperation memorandum with Bank of Georgia.

King David is the company's flagship and most recognized project in Georgia, honored with the International Property Awards as the country's best mixed-use complex.

$70 million

invested in the project

163

apartments in the 32-story tower

2016–2017

International Property Awards

Why King David Is a Prestigious Address with a Story

A one-of-a-kind condominium in Georgia — residences, offices, and hotel-style service under one roof.

The International Property Awards recognition confirms the project's quality.

The complex has been operating since 2017 — its amenities are up and running, with a reputation proven over time.

King David Residences — On the Resale Market

Mostly Sold Out by the Developer

€2,290–2,970 / m²

resale price (+18% VAT)

163

apartments in the complex

7,8%

TBC Bank mortgage rate

Apartments 50–314 m², including duplexes and penthousesBuilding fully completed and operating (since 2017)Business center offices — rent from $19/m²Two-level parkingTBC Bank mortgage from 7.8%

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