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Apartment in Al Reem Island, Abu Dhabi, UAE 1 bedroom, 65.2 sq.m. № 498962
4
ID498962
720 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Charming 1-Bedroom Apartment for Sale in Mangrove Palace, Al Reem Island - 720,000 AEDDiscover your dream home in the serene environs of Al Reem Island, Abu Dhabi. This exquisite 1-bedroom apartment in Mangrove Palace offers a perfect blend of luxury and comfort, making it an ideal choice for both investors and homeowners. Priced at 720,000 AED, this property is currently rented, ensuring immediate returns on your investment.
Key Features:
Area: A cozy 702 sqft apartment designed for elegance and comfort.
Bedrooms and Bathrooms: Features 1 spacious bedroom and 2 modern bathrooms.
Living and Dining Area: An inviting living and dining area thats perfect for relaxation and entertaining guests.
Modern Kitchen: A fully equipped modern kitchen that caters to all your culinary needs.
Investment Opportunity:
Current Rental: Rented for 50,000 AED/year, with a rent refund available for the new owner, offering an excellent yield.
Facilities & Amenities:
Security: 24/7 security for a safe and secure living environment.
Fitness Center: A well-equipped gym for health and fitness enthusiasts.
Swimming Pool: An exquisite pool area for relaxation and leisure.
Parking: Includes dedicated parking for residents.
Community Living: Set in a vibrant community with access to local shops, cafes, and recreational facilities.
Why Choose Mangrove Palace, Al Reem Island?
Prestigious Location: Located in one of Abu Dhabi’s most sought-after neighborhoods, offering a tranquil lifestyle with stunning views.
Connectivity: Easy access to the city center and major transport links.
High Demand: Al Reem Island is popular among renters and buyers, ensuring a steady investment return.
Additional Notes:
Please note that the photos used are for illustrative purposes only. We recommend scheduling a viewing to get a true feel of this beautiful property.
Abu Dhabi - Statistics
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| Parameters | Abu Dhabi |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | 4 907.14 AED |
| Apartment (1 bedroom) Outside of Centre | 3 678.26 AED |
| Apartment (3 bedrooms) in City Centre | 10 489.13 AED |
| Apartment (3 bedrooms) Outside of Centre | 8 093.23 AED |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | 18 872.88 AED |
| Price per Square Meter to Buy Apartment Outside of Centre | 16 247.57 AED |
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| Parameters | Abu Dhabi |
|---|---|
| Crime Index | 11.85 |
| Cost of Living and Rent Index | 44.12 |
| Purchasing Power Index | 178.64 |
| Property Price to Income Ratio | 5.97 |
| Safety Index | 88.15 |
| Traffic CO₂ Index | 7216.66 |
| Traffic Inefficiency Index | 282.97 |
| Rent Index | 35.05 |
| Health Care Index | 71.07 |
| Groceries Index | 43.23 |
| Pollution Index | 46.89 |
| Traffic Commute Time Index | 32.79 |
| Restaurant Price Index | 59.84 |
| Climate Index | 43.89 |
| Cost of Living Index | 51.19 |
| Quality of Life Index | 199.85 |
| Traffic Index | 151.83 |
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| Parameters | Abu Dhabi |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | 40.00 AED |
| Meal for 2 People, Mid-range Restaurant, Three-course | 250.00 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 Apartment | 606.15 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-Rate | 5.38 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | 259.71 AED |
| Tennis Court Rent (1 Hour on Weekend) | 116.88 AED |
| Cinema, International Release, 1 Seat | 50.00 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 Shoes | 376.67 AED |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 505.33 AED |
| International Primary School, Yearly for 1 Child | 45 923.08 AED |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
CityAbu Dhabi
DistrictAl Reem Island
CommunityShams Abu Dhabi
TypeApartment
Bedrooms1
Living space65.2 m²
- m²
- sq. ft
Price
- Price
- per m²
720 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
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