Al Reem Island serves as a vibrant waterfront development located just off the coast of Abu Dhabi. Al Reem Island stands out for its modern and innovative design-popular for its stunning skyscrapers and luxurious living. The island strategically positioned offers easy access to the central business district and cultural attractions in the city. On top of this, the area becomes popular with visitors, residents, homebuyers, and investors. It has several residential, commercial, and recreational spaces. This article will dive into the Al Reem Island in deep details providing a comprehensive guide to all the island offers.
As Al Reem Island harmoniously blends luxury and convenience, it appeals to both residents and investors. Also, it's a prime location for those seeking an upscale living experience as there are several modern skyscrapers, numerous upcoming projects, world-class amenities, and waterfront views. On top of that, you'll discover a unique opportunity to become part of a vibrant and forward-thinking community if you choose to live on the island with planning to make it your home or consider it an investment.
Living on the island offers something special for every investor or buyer with various housing options to suit different tastes and needs. The community delicately caters to diverse lifestyles from over 10,000 luxury apartments with breathtaking views to spacious family villas nestled in serene neighborhoods. Down below you will find your perfect home either for a high-end investment or a comfortable residence.
In this section, you will find various popular residential types on Al Reem Island, including apartments, townhouses, and villas, with their selling and renting prices as well as the occupancy rate. Below are diverse property options if you are looking for luxury waterfront living or a cozy suburban retreat to suit your differences and lifestyles.
Opting to invest in Al Reem Island presents you an alluring opportunity to maximize your financial gains. Besides, the high occupancy rate of 85% to 95% on Al Reem Island stated above is directly linked to the favorable return on investment (ROI) and capital appreciation in the area. With such a strong demand for properties, investors and homeowners can expect a steady stream of rental income and potential property value appreciation. The ROI in the areas is about 7% to 9% providing a substantial return for investors. Similarly, the capital appreciation is approximately 5% to 7% ensuring that property values continue to rise over time. The impressive numbers show the lucrative investing in the area and we ensure it is an appealing option for you and those seeking to maximize the financial gains.
There are various popular waterfront developments on Al Reem Island and below are details of the top three luxury waterfront projects on Al Reem Island showcasing some of the most popular properties in the area.
Marina Bay Towers, a prestigious waterfront development, sits along the serene shores of Al Reem Island. The project comprises two residential towers offering breathtaking Arabian Gulf views. All units designed with modern aesthetics and amenities ranging from 1 to 3-bedroom apartments. The selling prices for these luxurious apartments start at AED 1.5 million for a one-bedroom unit and go up to AED 3 million for a three-bedroom unit.
The Wave Tower is a 26-story mixed-use development on Al Reem Island known for its unique wave-like architecture. It offers a variety of living spaces ranging from studios to penthouses and townhouses developed by Aabar Properties. Living in this building you can enjoy top-notch amenities including a rooftop swimming pool, fitness center, landscaped gardens, and 24-hour security and concierge services. If you're looking to buy, the selling prices in The Wave Tower start at AED 900,000 for a studio and go up to AED 4.5 million for a penthouse. For renting, 1-bedroom apartments begin at AED 59,000, and 4-bedroom units are available for up to AED 200,000.
Sun & Sky Towers presents as a twin-tower development providing a luxurious living experience. The towers comprise a total of 74 floors connected by a podium that houses leisure and retail spaces providing many residential options including 1 to 4-bedroom apartments. There are many amenities such as an Olympic-sized swimming pool, tennis courts, a spa, and direct access to the Boutik Mall. The selling prices for apartments in Sun & Sky Towers are appealing— from AED 1.1 million for a one-bedroom unit to AED 5 million for a four-bedroom unit.
| Waterfront Development | Property Type | Sales Price |
| Marina Bay Towers | 1-Bedroom | AED 1,500,000 |
| 3-Bedroom | AED 3,000,000 | |
| The Wave Tower | Studio | AED 900,000 |
| Penthouse | AED 4,500,000 | |
| Sun and Sky Towers | 1-Bedroom | AED 1,100,000 |
| 4-Bedroom | AED 5,000,000 |
In the community you will find diverse amenities catering to residents and visitors—families can explore beautiful parks at Reem Central Park and playgrounds while fitness enthusiasts easily access modern gyms and sports facilities. If you are a shopper, the Boutik Mall presents various retail spaces including international brands and dining options. Besides, the stunning waterfront promenades invite everyone for leisurely strolls or sunset-watching. Beyond this, art and culture lovers can immerse themselves in local creativity at galleries and cultural centers. Overall, the blend of leisure, shopping, and cultural attractions on the island creates a vibrant and enjoyable living environment.
Al Reem Island connects to the mainland through a series of bridges making car travel easy. Several bus routes serve the island linking it conveniently to key areas of the city. For those who prefer private transportation, taxis and ride-sharing services are readily available. The thoughtfully designed cycling paths and pedestrian walkways invite residents and visitors to explore on foot or by bike. Besides, future plans for the island include potential metro connections promising to enhance accessibility further. The community located just a few kilometers from the central business district near the heart of Abu Dhabi provides quick access to the Abu Dhabi Mall, the Corniche, and various cultural landmarks making it an ideal place to live and work.
Al Reem Island property market experiences steady growth especially in sales and rentals. In the past five years, the average price per square foot for apartments rose an impressive 8% annually showing a robust demand. 1 and 2-bedroom apartments make up a significant 65% of total sales. People are buying these properties more than any others, reflecting their popularity among residents and investors. At the same time, luxury properties including penthouses and villas also gained traction. They hold a substantial share of the market appealing to those looking for high-end living.
On the rental side, Al Reem Island has a consistent 6% annual increase over the same five-year period. Here too, one-bedroom and two-bedroom apartments are the stars attracting young professionals and small families as offering a variety of options to suit different needs. The real estate market in the community is looking good referring to positive sales and rental trends along with new building projects. The island is becoming a great place to invest with chances for growth and profit.
In a nutshell, Al Reem Island stands out for many luxurious waterfront living as well as modern skyscrapers and diverse residential options. The central business district and cultural landmarks are easily accessible from the strategic location making it a desirable destination for residents and visitors. Besides, housing options vary catering to diverse tastes from luxury apartments with breathtaking views to tranquil villas. Investors flock to the area because the occupancy rates are high and consistent growth in sales and rentals—promising favorable returns. Beyond this, the island also enhances the living experience with leisure, shopping, and cultural attraction blends; complemented by well-designed transportation facilities.
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