1 bedroom Apartment in Al Reem Island, UAE No. 7766

Property description

Build Your Asset with this Exclusive 1 Bedroom Apartment having Unobstructed City View Balcony in Julfar Residence, City Of Lights, Al Reem Island, brought to you by Metropolitan Capital Real Estate.This unit is not only in exquisite condition but also offers a prime investment opportunity with an existing tenant.Property Highlights:- Spacious 1-bedroom apartment in pristine condition- Unobstructed balcony showcasing breathtaking city views- Thoughtfully designed living spaces with contemporary finishes- Modern kitchen equipped with top-of-the-line appliances- Well-appointed bedroom with ample storage space- High-quality bathroom fittings and fixtures- Mid-floor location ensuring tranquility and spectacular viewsWhy Julfar Residence, City Of Lights?Renowned for its upscale living experience, combining luxury with convenience. Residents benefit from proximity to shopping, dining, and entertainment options. Offers easy access to Abu Dhabi city center and other major areas, making it a prime choice for both homeowners and investors.

Investment Opportunity:This apartment is currently rented, providing immediate rental income and a hassle-free investment. It promises attractive rental yields and capital appreciation potential.Don't miss out on this opportunity to own a premium property in one of Abu Dhabi's most desirable locations. Contact us today to arrange a viewing!Metropolitan Capital Real Estate (MCRE) is dedicated to delivering you a wide array of services in terms of sales, rentals, property management, consulting services, mortgage brokerage and a lot more. We are an accredited agency for all licensed developers across the UAE and a leader in the UAE market and considered one of the top Abu Dhabi’s real estate agencies.

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Parameters	Abu Dhabi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 1 360.78
Apartment (1 bedroom) Outside of Centre	$ 1 031.75
Apartment (3 bedrooms) in City Centre	$ 2 977.01
Apartment (3 bedrooms) Outside of Centre	$ 2 294.77
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 5 802.76
Price per Square Meter to Buy Apartment Outside of Centre	$ 4 808.20

Parameters	Abu Dhabi
Crime Index	11.42
Cost of Living and Rent Index	46.59
Purchasing Power Index	140.76
Property Price to Income Ratio	8.08
Safety Index	88.58
Traffic CO₂ Index	6447.33
Traffic Inefficiency Index	230.88
Rent Index	37.56
Health Care Index	72.44
Groceries Index	46.04
Pollution Index	45.31
Traffic Commute Time Index	30.04
Restaurant Price Index	58.55
Climate Index	43.89
Cost of Living Index	53.76
Quality of Life Index	185.51
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)	$ 1.32
Water (0.33 liter bottle)	$ 0.42
Cappuccino (regular)	$ 5.67
Markets
Milk (regular), (1 liter)	$ 1.91
Loaf of Fresh White Bread (500g)	$ 1.49
Eggs (regular) (12)	$ 3.41
Local Cheese (1kg)	$ 10.30
Water (1.5 liter bottle)	$ 0.62
Bottle of Wine (Mid-Range)	$ 13.61
Domestic Beer (0.5 liter bottle)	$ 2.26
Imported Beer (0.33 liter bottle)	$ 2.16
Cigarettes 20 Pack (Marlboro)	$ 6.26
Apples (1kg)	$ 2.40
Chicken Fillets (1kg)	$ 7.98
Oranges (1kg)	$ 1.85
Potato (1kg)	$ 1.16
Lettuce (1 head)	$ 1.84
Rice (white), (1kg)	$ 2.48
Tomato (1kg)	$ 1.54
Banana (1kg)	$ 1.79
Onion (1kg)	$ 1.47
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.58
Transportation
One-way Ticket (Local Transport)	$ 0.68
Monthly Pass (Regular Price)	$ 25.18
Gasoline (1 liter)	$ 0.79
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)	$ 45 419.20
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)	$ 22 100.49
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 144.73
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 103.36
	$ 55.65
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 281.75
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	5.41
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult	$ 64.41
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, ...)	$ 53.49
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	$ 642.42
International Primary School, Yearly for 1 Child	$ 12 848.76