Tbilisi's largest urban redevelopment — studios and 1–3BR apartments in a city-within-a-city on the site of a historic railway factory. 11 ha of green space, padel centre, pools, school, and gastro hub. From USD 61,274. Handover 2029.
Archi's largest project — a 550,000 sq.m urban quarter on the site of a historic railway factory in Chugureti. The masterplan preserves the industrial facades, transforming them into a gastro hub, co-working spaces, a museum, and 11 ha of parks. Two towers — Block A (premium, 31 floors, 476 units) and Block B (comfort, 25 floors, 356 units) — form a self-sufficient ecosystem by international architects from Singapore, Madrid, and Sydney. Chugureti posted Tbilisi's highest price growth in 2025 at 28.3% year-on-year.
Grand Avenue dedicates 75% of its 550,000 sq.m masterplan — 11 hectares — to green space, parks, and cycling paths. For a central urban development in Tbilisi, this is unprecedented: residents live inside a park, not next to one.
The authentic facades and structures of the South Caucasus Railway's historic wagon-repair factory are preserved and integrated into the masterplan — forming a gastro hub, museum, co-working spaces, and cultural venues. The result is an urban environment with genuine character, designed by an international team from Singapore, Madrid, and Sydney.
These are just a few of the amenities available in this residence. To receive the full list of features and detailed information, please contact our agent — we will tailor the best option for your needs.
Restaurants
Co-working Area
Gardens
Cycling Tracks
Paddel Tennis
Indoor Pool
Gym
Spa
Leave your details, and an advisor will help you choose the right property and navigate the purchase process.
We’ve sent you a confirmation email and will be in touch soon.
Real Estate team
I’ll guide you step by step so you can make a confident property decision.
Tbilisi is a rare case where history, economy, and real estate move in the same direction at once. Georgia’s GDP grew at double-digit rates for four consecutive years, and the capital’s residential market reached $4.3 billion in 2024 — with 72% of all national transactions concentrated here. Saburtalo is the city’s main business and academic district: three metro lines, leading universities, medical centres, and a new wave of premium developments priced at $1,400–2,000/sq. m — an entry point that most European markets stopped offering long ago.
Click a pin to see route and travel time
Grand Avenue is developed by Archi, Georgia's leading real estate developer with 19 years of experience, 51 completed projects, and more than 47,000 residents. ISO 9001:2015 certified.
32 Tsotne Dadiani Street, Chugureti district, Tbilisi — next to Dinamo Stadium, with a direct road tunnel to Tsereteli Avenue.
Two blocks: premium (Block A, 31 floors, 476 units) and comfort (Block B, 25 floors, 356 units). Formats from studios from 37.8 sq.m to 3-bedroom apartments up to 127.2 sq.m.
Prices start from USD 61,274 for a studio in Block A.
Interest-free installments over 28 months, with monthly payments from USD 2,189.
Handover is scheduled for 2029.
Green Frame: plastered walls, screeded floors, installed electrical systems, steel entrance doors, balcony tiles. Block A additionally includes aluminium composite panels and central heating.
Yes. 100% foreign ownership rights in Georgia, no additional approvals. Same-day title registration via blockchain registry.
Grand Avenue is the largest redevelopment project in Tbilisi's history, in the city's fastest-growing district. Projected rental yield 12.5%, projected capital appreciation 42.5% by 2029, no purchase tax, 5% rental income tax, zero capital gains after two years.
Yes. Grand Avenue offers a self-sufficient urban ecosystem — 11 ha of parks, padel centre, pools, gym and spa, gastro hub, school, kindergarten, museum, and co-working — all within one city block in central Tbilisi.
Metropolitan Premium Properties is a RERA-licensed real estate brokerage in Dubai (ORN 11899), part of the Metropolitan Group established in 2008. The agency has 1,000+ professionals across offices in Dubai, Abu Dhabi, Ras Al Khaimah, and Vienna, and covers residential and commercial sales, off-plan investments, rentals, and property management. The company has closed 6,000+ transactions totalling over AED 15 billion in investments and holds 120+ industry awards.
satisfied clients
of market expertise
closings on properties
in successful luxury investments
Contact us to find your perfect property