Apartment in Al Reem Island, Abu Dhabi, UAE 2 bedrooms, 153 sq.m. № 498929

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Apartment in Al Reem Island, Abu Dhabi, UAE 2 bedrooms, 153 sq.m. № 498929
ID498929 1 500 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Welcome to RAK Tower, a prestigious residential tower situated in Marina Square on Al Reem Island, Abu Dhabi. This 2-bedroom apartment, boasting stunning views of the city skyline and the serene waters of the Arabian Gulf, presents an excellent investment opportunity for discerning buyers.

Here's why RAK Tower is the ideal choice for your next investment:

1. **Prime Waterfront Location**: Located in Marina Square on Al Reem Island, RAK Tower offers residents the luxury of waterfront living with easy access to urban amenities. Enjoy panoramic views of the sea and the city skyline from the comfort of your own home.

2. **Modern and Spacious Living**: This 2-bedroom apartment features modern design elements and spacious interiors, providing residents with a comfortable and stylish living space. The apartment's layout is thoughtfully designed to maximize natural light and optimize living space.

3. **Rental Income Opportunity**: With the apartment rented until March 2025, buyers have the opportunity to generate rental income immediately upon purchase.
Benefit from a steady stream of income while owning a valuable asset in one of Abu Dhabi's most coveted locations.

4. **Facilities and Amenities**: Residents of RAK Tower enjoy access to a range of facilities, including swimming pools, fitness centers, and children's play areas. Additionally, 24-hour security and concierge services ensure safety and convenience for all residents.

5. **Good Price**: Priced competitively, this apartment offers excellent value for a property of its caliber in Al Reem Island. Take advantage of this attractive price point to invest in luxury real estate in one of Abu Dhabi's most sought-after neighborhoods.

Don't miss out on this opportunity to own a piece of luxury living on Al Reem Island. Contact Deals Experts Real Estate at +971 50 449 4343 to schedule a viewing and secure this 2-bedroom apartment at RAK Tower.

Location

Location
  • Near public transportation
  • Close to shopping malls
  • Close to schools
  • Near restaurants
  • Near Hospital
  • Near Mosque

Features

Equipment and Appliances
  • Central A/C
Furniture
  • Unfurnished
  • Built-in closet

Indoor facilities

Additional facilities
  • Basement
  • Storage room
Sport facilities
  • Fitness room

Outdoor features

Barbecue
  • Barbecue area
Security
  • Security
Abu Dhabi - Statistics
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ParametersAbu Dhabi
Rent Per Month
Apartment (1 bedroom) in City Centre4 907.14 AED
Apartment (1 bedroom) Outside of Centre3 678.26 AED
Apartment (3 bedrooms) in City Centre10 489.13 AED
Apartment (3 bedrooms) Outside of Centre8 093.23 AED
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre18 872.88 AED
Price per Square Meter to Buy Apartment Outside of Centre16 247.57 AED
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ParametersAbu Dhabi
Crime Index11.85
Cost of Living and Rent Index44.12
Purchasing Power Index178.64
Property Price to Income Ratio5.97
Safety Index88.15
Traffic CO₂ Index7216.66
Traffic Inefficiency Index282.97
Rent Index35.05
Health Care Index71.07
Groceries Index43.23
Pollution Index46.89
Traffic Commute Time Index32.79
Restaurant Price Index59.84
Climate Index43.89
Cost of Living Index51.19
Quality of Life Index199.85
Traffic Index151.83
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ParametersAbu Dhabi
Restaurants
Meal, Inexpensive Restaurant40.00 AED
Meal for 2 People, Mid-range Restaurant, Three-course250.00 AED
McMeal at McDonalds (or Equivalent Combo Meal)32.50 AED
Domestic Beer (0.5 liter draught)40.00 AED
Imported Beer (0.33 liter bottle)40.00 AED
Coke/Pepsi (0.33 liter bottle)3.92 AED
Water (0.33 liter bottle) 1.63 AED
Cappuccino (regular)21.11 AED
Markets
Milk (regular), (1 liter)6.23 AED
Loaf of Fresh White Bread (500g)4.91 AED
Eggs (regular) (12)10.19 AED
Local Cheese (1kg)31.05 AED
Water (1.5 liter bottle)1.94 AED
Bottle of Wine (Mid-Range)50.00 AED
Domestic Beer (0.5 liter bottle)7.90 AED
Imported Beer (0.33 liter bottle)9.77 AED
Cigarettes 20 Pack (Marlboro)23.00 AED
Apples (1kg)7.87 AED
Chicken Fillets (1kg)26.36 AED
Oranges (1kg)6.43 AED
Potato (1kg)3.67 AED
Lettuce (1 head)5.26 AED
Rice (white), (1kg)6.48 AED
Tomato (1kg)5.22 AED
Banana (1kg)6.58 AED
Onion (1kg)3.81 AED
Beef Round (1kg) (or Equivalent Back Leg Red Meat)42.02 AED
Transportation
One-way Ticket (Local Transport)2.00 AED
Monthly Pass (Regular Price)80.00 AED
Gasoline (1 liter)2.95 AED
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)163 937.00 AED
Taxi Start (Normal Tariff)12.00 AED
Taxi 1km (Normal Tariff)1.90 AED
Taxi 1hour Waiting (Normal Tariff)30.00 AED
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)80 066.67 AED
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment606.15 AED
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)375.69 AED
214.38 AED
Salaries And Financing
Average Monthly Net Salary (After Tax)14 703.10 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.38
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult259.71 AED
Tennis Court Rent (1 Hour on Weekend)116.88 AED
Cinema, International Release, 1 Seat50.00 AED
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)261.09 AED
1 Summer Dress in a Chain Store (Zara, H&M, ...)205.95 AED
1 Pair of Nike Running Shoes (Mid-Range)381.65 AED
1 Pair of Men Leather Business Shoes376.67 AED
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child2 505.33 AED
International Primary School, Yearly for 1 Child45 923.08 AED
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
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CityAbu Dhabi
TypeApartment
Bedrooms2
Living space153 m²
  • sq. ft
Price
  • Price
  • per m²
1 500 000 AED
  • AED
  • EUR €
  • USD $
  • RUB ₽
  • GBP £