2 bedrooms Apartment in Al Reem Island, UAE No. 65037

2 bedrooms Apartment in Al Reem Island, UAE No. 65037
ID65037 $ 435 671
65037

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 Centre$ 1 349.31
Apartment (1 bedroom) Outside of Centre$ 1 005.59
Apartment (3 bedrooms) in City Centre$ 2 841.46
Apartment (3 bedrooms) Outside of Centre$ 2 170.72
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre$ 4 970.46
Price per Square Meter to Buy Apartment Outside of Centre$ 4 038.48
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ParametersAbu Dhabi
Crime Index11.82
Cost of Living and Rent Index45.51
Purchasing Power Index157.29
Property Price to Income Ratio5.96
Safety Index88.18
Traffic CO₂ Index6447.33
Traffic Inefficiency Index230.88
Rent Index35.46
Health Care Index72.44
Groceries Index45.51
Pollution Index45.31
Traffic Commute Time Index30.04
Restaurant Price Index61.65
Climate Index43.89
Cost of Living Index53.59
Quality of Life Index194.06
Traffic Index136.09
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ParametersAbu Dhabi
Restaurants
Meal, Inexpensive Restaurant$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course$ 76.23
McMeal at McDonalds (or Equivalent Combo Meal)$ 9.53
Domestic Beer (0.5 liter draught)$ 10.89
Imported Beer (0.33 liter bottle)$ 12.25
Coke/Pepsi (0.33 liter bottle)$ 1.08
Water (0.33 liter bottle) $ 0.42
Cappuccino (regular)$ 5.88
Markets
Milk (regular), (1 liter)$ 1.81
Loaf of Fresh White Bread (500g)$ 1.37
Eggs (regular) (12)$ 3.16
Local Cheese (1kg)$ 9.60
Water (1.5 liter bottle)$ 0.59
Bottle of Wine (Mid-Range)$ 13.61
Domestic Beer (0.5 liter bottle)$ 2.33
Imported Beer (0.33 liter bottle)$ 2.35
Cigarettes 20 Pack (Marlboro)$ 6.13
Apples (1kg)$ 2.20
Chicken Fillets (1kg)$ 7.95
Oranges (1kg)$ 1.78
Potato (1kg)$ 1.10
Lettuce (1 head)$ 1.73
Rice (white), (1kg)$ 2.15
Tomato (1kg)$ 1.52
Banana (1kg)$ 1.80
Onion (1kg)$ 1.28
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 12.21
Transportation
One-way Ticket (Local Transport)$ 0.68
Monthly Pass (Regular Price)$ 24.50
Gasoline (1 liter)$ 0.80
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 45 026.41
Taxi Start (Normal Tariff)$ 3.27
Taxi 1km (Normal Tariff)$ 0.50
Taxi 1hour Waiting (Normal Tariff)$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 21 914.21
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 155.64
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 103.04
$ 54.90
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 3 780.10
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate5.22
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult$ 64.83
Tennis Court Rent (1 Hour on Weekend)$ 35.48
Cinema, International Release, 1 Seat$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 67.20
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 62.59
1 Pair of Nike Running Shoes (Mid-Range)$ 103.06
1 Pair of Men Leather Business Shoes$ 100.93
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 669.40
International Primary School, Yearly for 1 Child$ 12 841.46
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
DistrictAl Reem Island
TypeApartment
Bedrooms2
Living space153 m²
  • sq. ft
Price
  • Price
  • per m²
$ 435 671