Al Reem Island
Island Urban Living
Life Style
Waterfront Living
Landmark
Paris-Sorbonne University
Price starts atAED 575,000
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About Al Reem Island
Al Reem Island is a thriving mixed-use development in Abu Dhabi, offering a blend of residential, commercial, and recreational amenities. Its prime location near the mainland provides easy access to the city's major attractions while maintaining a serene island atmosphere. The island boasts stunning waterfront properties, creating a resort-like living experience. A well-developed infrastructure includes banks, commercial facilities, parks, and sports areas.
As one of Abu Dhabi's first freehold zones, Al Reem Island has attracted significant investment, leading to the development of high-rise residential complexes, townhouses, and coastal villas. The architectural style is predominantly modern, with some exceptions showcasing classic Moroccan and Spanish designs. The island's strategic location and diverse offerings make it a highly desirable area for both residents and investors.
Popular projects on Al Reem Island include the Shams community (studios and apartments ranging from 650 to 3,000 sq. ft.), the Marina Square waterfront complex (13 buildings with 3,440 residences), and the City of Lights community (apartments and offices). Rental prices vary widely depending on the size and location of the property. For example, a studio apartment can be rented for AED 35,000 (USD 9,000) per year. Purchasing a studio starts from AED 540,000 (USD 147,000), while spacious 3-bedroom villas can be purchased from AED 2,900,000 (USD 790,000) (prices valid for 2024).
Return on investment (ROI) also varies depending on the property type. Studios offer the highest ROI at 8.4%, while 1 and 2-bedroom apartments offer 7.2% and 6.7%, respectively. Villas and townhouses yield between 5.1% and 6.7% annually. These figures highlight the potential for both rental income and capital appreciation in Al Reem Island's real estate market. The freehold nature of the island also adds to its attractiveness for investors.
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Discover Dubai Real Estate in One Click: Your Fast Track Guide to Property Opportunities
Dubai's real estate market is full of opportunities for buying, selling, renting, and investing. In 2023 alone, the market saw over AED 407 billion in sales, attracting buyers from around the world. Dubai's prime location, business-friendly environment, and zero property taxes make it the top choice for real estate investments. This guide is designed to help you take advantage of the best opportunities in the Dubai real estate market.
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Al Reem Island Location & Surroundings
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Education
Al Reem Island offers a variety of educational options for residents. Playhouse Nursery, Hummingbird Nursery, and Mosaic Nursery provide early childhood education, while Repton School (with two campuses) and GEMS World Academy offer British and international curricula, ensuring high-quality education for children of all ages.
Healthcare
Healthcare is readily accessible on Al Reem Island with numerous pharmacies conveniently located near residential complexes. The Burjeel Day Surgery Center provides preventative and consultative care, while Reem Hospital offers a wider range of services. Residents also benefit from the proximity of the Cleveland Clinic Abu Dhabi (a short drive away), Burjeel Hospital, and NMC Specialty Hospital, ensuring comprehensive healthcare options.
Transportation
Al Reem Island is well-served by taxis and buses (routes E100 and E101), providing convenient transportation within the island and to downtown Abu Dhabi. Most residents utilize private transportation, with ample parking provided within each residential complex. The central emirate is reachable within 20 minutes, Abu Dhabi International Airport is a 30-minute drive, and Dubai is approximately a 2-hour drive away.
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Al Reem Island offers a vibrant selection of recreational facilities and entertainment options. Reem Central Park provides ample space for various activities, including basketball, tennis, soccer, and skateboarding. Shams Boutik Mall features a variety of stores and eateries. The large-scale Reem Mall provides even more entertainment, with a snow park, ice slides, skating rink, and restaurants. Saadiyat public beach is also within a short driving distance, offering sun loungers and yoga classes.
Right Place, Right Time
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