1 bedroom Apartment in Al Reem Island, UAE No. 6858

Property description

Introducing 1-bedroom apartment in Pixel, Reem Island: A Smart Investment OpportunityLocated on a high floor, it's currently rented with an annual income of AED 75,000, payable in one payment over a 12-month contract. It offers immediate returns and a stable income stream.The apartment is thoughtfully designed with high-quality finishes and an open layout that maximizes natural light and ventilation. It features 2 bathrooms, built-in closets for ample storage, and an open kitchen that's both practical and inviting. The large living room seamlessly extends to a balcony, offering a cozy outdoor space with a partial sea view and a picturesque fountain view, emphasizing tranquility right in the heart of Reem Island.Additional conveniences include a laundry room and a dedicated parking spot. Residents also have access to a gym within the same community and can enjoy the convenience of private beach, supermarkets, restaurants and a pharmacy all within walking distance, making everyday living effortless and enjoyable.

This property promises not just a home but a lifestyle of comfort and convenience. Whether you're an investor seeking a lucrative asset or someone looking for a high-quality living space that comes with the added benefit of generating rental income, this unit offers it all.Don't miss out on this exceptional opportunity to own a part of this vibrant community.Inquire today to secure your investment in a location that blends urban convenience with serene living.Mobile No. Metropolitan Capital Real Estate (MCRE) is dedicated to delivering our clients a wide array of services in terms of sales, rentals, property management, consulting services, mortgage brokerage and many more.

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Parameters	Abu Dhabi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 1 380.23
Apartment (1 bedroom) Outside of Centre	$ 1 027.06
Apartment (3 bedrooms) in City Centre	$ 2 984.68
Apartment (3 bedrooms) Outside of Centre	$ 2 293.75
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 5 802.79
Price per Square Meter to Buy Apartment Outside of Centre	$ 4 808.22

Parameters	Abu Dhabi
Crime Index	11.41
Cost of Living and Rent Index	46.78
Purchasing Power Index	138.14
Property Price to Income Ratio	8.14
Safety Index	88.59
Traffic CO₂ Index	6447.33
Traffic Inefficiency Index	230.88
Rent Index	38.16
Health Care Index	72.48
Groceries Index	45.89
Pollution Index	45.31
Traffic Commute Time Index	30.04
Restaurant Price Index	56.94
Climate Index	43.89
Cost of Living Index	53.47
Quality of Life Index	184.46
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)	$ 1.33
Water (0.33 liter bottle)	$ 0.39
Cappuccino (regular)	$ 5.76
Markets
Milk (regular), (1 liter)	$ 1.95
Loaf of Fresh White Bread (500g)	$ 1.47
Eggs (regular) (12)	$ 3.20
Local Cheese (1kg)	$ 11.01
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)	$ 2.40
Chicken Fillets (1kg)	$ 7.97
Oranges (1kg)	$ 1.85
Potato (1kg)	$ 1.14
Lettuce (1 head)	$ 1.84
Rice (white), (1kg)	$ 2.48
Tomato (1kg)	$ 1.51
Banana (1kg)	$ 1.76
Onion (1kg)	$ 1.45
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.74
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)	$ 45 419.39
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)	$ 22 100.58
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 144.47
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 103.83
	$ 55.31
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 258.59
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.41
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 65.98
Tennis Court Rent (1 Hour on Weekend)	$ 33.40
Cinema, International Release, 1 Seat	$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)	$ 58.93
1 Summer Dress in a Chain Store (Zara, H&M, ...)	$ 57.97
1 Pair of Nike Running Shoes (Mid-Range)	$ 97.65
1 Pair of Men Leather Business Shoes	$ 97.14
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 642.42
International Primary School, Yearly for 1 Child	$ 12 574.15