1 bedroom Apartment for sale in Al Reem Island, UAE by Deals Experts Real Estate No. 84751

Property description

Bear in mind: Photos used in this specific listing are just for illustrative purposes, we urge your booking appointment for a more precise property impression.

This 1-bedroom apartment at Ocean Terrace Residence offers a perfect blend of comfort, convenience, and affordability. Located in the vibrant Marina Square on Al Reem Island, this property is an ideal investment opportunity, providing immediate rental income. Enjoy a tranquil community view in a well-established and sought-after area.

Why Choose Ocean Terrace Residence?

Prime Location: Ocean Terrace is ideally situated in Marina Square on Al Reem Island, offering easy access to key areas in Abu Dhabi, including the city center, shopping malls, and entertainment options.

Investment Opportunity: With the apartment currently rented, you can start earning rental income right away. The high demand in this area makes it a great option for investors.

Peaceful Environment: Enjoy a community view with a peaceful and well-maintained environment, perfect for relaxation after a busy day.

Facilities and Amenities:

Swimming Pool for relaxation and leisure

Fully Equipped Gymnasium to maintain a healthy lifestyle

24/7 Security for peace of mind

Covered Parking for your convenience

Retail & Dining Options located within the community

Location Features:

Easy access to major highways, making it convenient to reach the city center and surrounding areas

Close to shopping malls, schools, hospitals, and entertainment venues

Walking distance to waterfront areas and green spaces

Great Value for Money!
At AED 1,060,000, this 1-bedroom apartment offers an excellent price for a property in such a prime location, with solid rental returns and fantastic amenities.

Contact us today!
+971 50 449 4343
Deals Experts Real Estate

Don't miss out on this excellent investment opportunity in the heart of Al Reem Island!

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Parameters	Abu Dhabi
Rent Per Month
Apartment (1 bedroom) in City Centre	$ 1 360.84
Apartment (1 bedroom) Outside of Centre	$ 1 031.79
Apartment (3 bedrooms) in City Centre	$ 2 977.13
Apartment (3 bedrooms) Outside of Centre	$ 2 294.87
Buy Apartment Price
Price per Square Meter to Buy Apartment in City Centre	$ 5 803.00
Price per Square Meter to Buy Apartment Outside of Centre	$ 4 808.39

Parameters	Abu Dhabi
Crime Index	11.46
Cost of Living and Rent Index	46.38
Purchasing Power Index	137.65
Property Price to Income Ratio	8.27
Safety Index	88.54
Traffic CO₂ Index	6447.33
Traffic Inefficiency Index	230.88
Rent Index	37.32
Health Care Index	72.44
Groceries Index	45.74
Pollution Index	45.31
Traffic Commute Time Index	30.04
Restaurant Price Index	58.58
Climate Index	43.89
Cost of Living Index	53.61
Quality of Life Index	184.07
Traffic Index	136.09

Parameters	Abu Dhabi
Restaurants
Meal, Inexpensive Restaurant	$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course	$ 68.07
McMeal at McDonalds (or Equivalent Combo Meal)	$ 9.53
Domestic Beer (0.5 liter draught)	$ 10.89
Imported Beer (0.33 liter bottle)	$ 10.90
Coke/Pepsi (0.33 liter bottle)	$ 1.28
Water (0.33 liter bottle)	$ 0.42
Cappuccino (regular)	$ 5.71
Markets
Milk (regular), (1 liter)	$ 1.91
Loaf of Fresh White Bread (500g)	$ 1.46
Eggs (regular) (12)	$ 3.39
Local Cheese (1kg)	$ 10.21
Water (1.5 liter bottle)	$ 0.62
Bottle of Wine (Mid-Range)	$ 13.61
Domestic Beer (0.5 liter bottle)	$ 2.24
Imported Beer (0.33 liter bottle)	$ 2.12
Cigarettes 20 Pack (Marlboro)	$ 6.26
Apples (1kg)	$ 2.38
Chicken Fillets (1kg)	$ 7.89
Oranges (1kg)	$ 1.82
Potato (1kg)	$ 1.14
Lettuce (1 head)	$ 1.77
Rice (white), (1kg)	$ 2.48
Tomato (1kg)	$ 1.52
Banana (1kg)	$ 1.78
Onion (1kg)	$ 1.45
Beef Round (1kg) (or Equivalent Back Leg Red Meat)	$ 11.62
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)	$ 45 421.06
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)	$ 22 101.39
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment	$ 144.74
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)	$ 103.37
	$ 55.65
Salaries And Financing
Average Monthly Net Salary (After Tax)	$ 3 206.77
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	$ 96.03
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child	$ 642.45
International Primary School, Yearly for 1 Child	$ 12 849.26

1 bedroom Apartment in Al Reem Island, UAE No. 84751

Property description

Features

Indoor facilities

Outdoor features