5197m² Land in Al Reem Island, UAE No. 70519

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5197m² Land in Al Reem Island, UAE No. 70519
ID70519 $ 17 154 527
70519

Property description

Metropolitan Capital Real Estate is delighted to offer you this For Sale: Prime Land Residential Plot in Najmat Abu Dhabi, Al Reem Island

Competitive pricing with flexible terms for serious investors.

Property Features:
- Plot Size: 55,941 sq.ft.
- Gross Floor Area (GFA) 300,003 sq.ft.
- Directly in front of The Galleria Mall, one of Abu Dhabi's premier luxury retail and lifestyle destinations
Investment Highlights:
- Prime Residential Location
- Perfect for Luxury Residential Development
- High Demand for Residential Properties
- Potential for Capital Appreciation
- Negotiable Terms
This residential land plot is an exceptional opportunity for developers looking to create a luxury residential development in a prime location. The proximity to The Galleria Mall and the broader amenities on Al Reem Island ensures this plot will attract affluent residents, making it a highly desirable investment.

For more information or to schedule a viewing, please contact us.

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 much more.

Location

Location
  • Near public transportation
  • Close to shopping malls
  • Near restaurants
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
TypeLand
Living space5197 m²
  • sq. ft
Land area5197 m²
  • sq. ft
Price
  • Price
  • per m²
$ 17 154 527