1 bedroom Apartment in Al Reem Island, UAE No. 70927
ID70927
$ 245 065
Property description
Indulge in luxury living at its finest with this captivating 1-bedroom apartment in Ocean Terrace Residence, Marina Square, Al Reem Island, Abu Dhabi. Currently rented until February 2025, this property is a lucrative investment opportunity or a perfect home for those seeking elegance and comfort. Priced competitively at just 900K, it offers exceptional value for money in one of Abu Dhabi's most sought-after locations.Why choose this property?
1. **Prime Location**: Nestled in Marina Square on Al Reem Island, residents enjoy easy access to Abu Dhabi's waterfront lifestyle, with shopping, dining, and entertainment options at their doorstep.
2. **Investment Potential**: With a lease secured until February 2025, this property offers immediate rental income, making it an ideal choice for investors seeking returns.
3. **Luxurious Amenities**: Ocean Terrace Residence boasts top-notch amenities, including swimming pools, a fully-equipped gym, landscaped gardens, and 24/7 security, ensuring a lifestyle of comfort and convenience.
4. **Scenic Views**: Revel in breathtaking views of the Marina Square community, with its picturesque waterfront and lush surroundings providing a serene escape from city life.
5. **Competitive Price**: At just 900K, this property presents an attractive opportunity to own a premium residence in a prime Abu Dhabi location, offering excellent value for discerning buyers.
Facilities and Location Features:
- **Leisure Attractions**: Residents can enjoy leisurely strolls along the Marina Square promenade, with parks, beaches, and marinas nearby for recreation.
- **Convenient Access**: With easy access to major road networks and public transportation options, commuting is convenient for residents.
Experience luxurious waterfront living in Abu Dhabi at Ocean Terrace Residence. Don't miss out on this incredible opportunity. Contact our deals experts at +971 50 449 4343 to arrange a viewing today.
Abu Dhabi - Statistics
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| Parameters | Abu 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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| Parameters | Abu Dhabi |
|---|---|
| Crime Index | 11.82 |
| Cost of Living and Rent Index | 45.51 |
| Purchasing Power Index | 157.29 |
| Property Price to Income Ratio | 5.96 |
| Safety Index | 88.18 |
| Traffic CO₂ Index | 6447.33 |
| Traffic Inefficiency Index | 230.88 |
| Rent Index | 35.46 |
| Health Care Index | 72.44 |
| Groceries Index | 45.51 |
| Pollution Index | 45.31 |
| Traffic Commute Time Index | 30.04 |
| Restaurant Price Index | 61.65 |
| Climate Index | 43.89 |
| Cost of Living Index | 53.59 |
| Quality of Life Index | 194.06 |
| Traffic Index | 136.09 |
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| Parameters | Abu 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-Rate | 5.22 |
| 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.
Contact the seller
Abu Dhabi
Al Reem Island
Apartment
1
82 m²
- m²
- sq. ft
$ 245 065
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