14394.5m² Land for sale in Al Reem Island, UAE by Open Home Properties No. 60722

Property description

Al Reem Island is designed to provide a holistic living experience, catering to the needs of individuals and families seeking comfort, convenience, and a vibrant community atmosphere.

Own this spacious plot in Al Reem Island, offering an exceptional lifestyle with a blend of urban living and natural beauty.

This residential and commercial project is home to one of the emirate’s architectural landmarks, the linked, pillared-style Gate Towers. At the heart of the island, with an imposing central dome, Sorbonne University Abu Dhabi was the first French higher-education institution to open in the Gulf and is the university's first international campus.

Community Amenities:
• High-rise apartments with stunning views of the city and waterfront.
• Luxurious villas and townhouses.
• Mixed-use developments combining residential and commercial spaces.

Parameters	Abu Dhabi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 1 367.86
Apartment (1 bedroom) Outside of Centre	$ 1 027.07
Apartment (3 bedrooms) in City Centre	$ 2 969.02
Apartment (3 bedrooms) Outside of Centre	$ 2 318.53
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 5 802.87
Price per Square Meter to Buy Apartment Outside of Centre	$ 4 808.28

Parameters	Abu Dhabi
Crime Index	11.40
Cost of Living and Rent Index	46.38
Purchasing Power Index	140.30
Property Price to Income Ratio	8.14
Safety Index	88.60
Traffic CO₂ Index	6447.33
Traffic Inefficiency Index	230.88
Rent Index	37.89
Health Care Index	72.48
Groceries Index	45.83
Pollution Index	45.31
Traffic Commute Time Index	30.04
Restaurant Price Index	56.10
Climate Index	43.89
Cost of Living Index	52.97
Quality of Life Index	185.38
Traffic Index	136.09

Parameters	Abu Dhabi
Restaurants
Meal, Inexpensive Restaurant	$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course	$ 68.06
McMeal at McDonalds (or Equivalent Combo Meal)	$ 9.53
Domestic Beer (0.5 liter draught)	$ 10.89
Imported Beer (0.33 liter bottle)	$ 10.89
Coke/Pepsi (0.33 liter bottle)	$ 1.30
Water (0.33 liter bottle)	$ 0.38
Cappuccino (regular)	$ 5.76
Markets
Milk (regular), (1 liter)	$ 1.93
Loaf of Fresh White Bread (500g)	$ 1.47
Eggs (regular) (12)	$ 3.17
Local Cheese (1kg)	$ 10.86
Water (1.5 liter bottle)	$ 0.61
Bottle of Wine (Mid-Range)	$ 13.61
Domestic Beer (0.5 liter bottle)	$ 2.39
Imported Beer (0.33 liter bottle)	$ 2.20
Cigarettes 20 Pack (Marlboro)	$ 6.26
Apples (1kg)	$ 2.39
Chicken Fillets (1kg)	$ 8.29
Oranges (1kg)	$ 1.86
Potato (1kg)	$ 1.14
Lettuce (1 head)	$ 1.82
Rice (white), (1kg)	$ 2.44
Tomato (1kg)	$ 1.49
Banana (1kg)	$ 1.78
Onion (1kg)	$ 1.44
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.77
Transportation
One-way Ticket (Local Transport)	$ 0.68
Monthly Pass (Regular Price)	$ 25.86
Gasoline (1 liter)	$ 0.79
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 45 026.59
Taxi Start (Normal Tariff)	$ 3.27
Taxi 1km (Normal Tariff)	$ 0.54
Taxi 1hour Waiting (Normal Tariff)	$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)	$ 22 100.88
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 145.20
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 103.03
	$ 54.44
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 258.29
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.38
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 65.55
Tennis Court Rent (1 Hour on Weekend)	$ 30.77
Cinema, International Release, 1 Seat	$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 59.30
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 55.57
1 Pair of Nike Running Shoes (Mid-Range)	$ 96.55
1 Pair of Men Leather Business Shoes	$ 96.02
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 642.43
International Primary School, Yearly for 1 Child	$ 13 007.45

14394.5m² Land in Al Reem Island, UAE No. 60722

Property description