AED 2,450,000
Own this from just
10,077 AED/month2 Bedrooms
3 Bathrooms
1,722 sqft / 160 sqm
APARTMENT FOR SALE IN MAG 5, MARINA SQUAREElvar is Abu Dhabi’s first purpose-driven real estate company combining luxury property investment with values-based leadership development, delivering bespoke, end-to-end solutions tailored to each client’s legacy, lifestyle, and future.
This unfurnished two-bedroom apartment in MAG 5 Residences, Al Reem Island spans 1,722 sq ft with a peaceful community view. Developed by MAG Group and completed in 2014, the 42-storey tower features smart home systems, open‑plan kitchens, built‑in closets, and panoramic double‑glazed windows. The apartment comes with one designated covered parking space, ideal for investors or long‑term holders seeking premium rental demand.
Living on Al Reem Island offers the following advantages: minutes to Al Maryah Island and ADGM, access to 100% foreign ownership, 0% corporate and personal income tax on qualifying businesses, and streamlined licensing under ADGM free zone; close to Cleveland Clinic Abu Dhabi, The Galleria Mall, Reem Central Park, Reem Mall with Snow Abu Dhabi, and 15–20 minutes from Abu Dhabi International Airport; a safe multicultural family‑friendly community with top schools, world‑class healthcare and direct links to Saadiyat, Yas Island and downtown. With strong rental yields, tax‑free ownership potential and extensive on‑site amenities, MAG 5 is a high‑attraction investment and lifestyle choice.
We have access to many more premium properties in Abu Dhabi. Kindly contact us should you require more options: (T) +971 50 145 7962. Visit our Elvar LinkedIn page for updates!
INVESTOR DEAL | RENTED TILL 2026 | COMMUNITY LIFE
This unfurnished two-bedroom apartment in MAG 5 Residences, Al Reem Island spans 1,722 sq ft with a peaceful community view. Developed by MAG Group and completed in 2014, the 42-storey tower features smart home systems, open‑plan kitchens, built‑in closets, and panoramic double‑glazed windows. The apartment comes with one designated covered parking space, ideal for investors or long‑term holders seeking premium rental demand.
Living on Al Reem Island offers the following advantages: minutes to Al Maryah Island and ADGM, access to 100% foreign ownership, 0% corporate and personal income tax on qualifying businesses, and streamlined licensing under ADGM free zone; close to Cleveland Clinic Abu Dhabi, The Galleria Mall, Reem Central Park, Reem Mall with Snow Abu Dhabi, and 15–20 minutes from Abu Dhabi International Airport; a safe multicultural family‑friendly community with top schools, world‑class healthcare and direct links to Saadiyat, Yas Island and downtown. With strong rental yields, tax‑free ownership potential and extensive on‑site amenities, MAG 5 is a high‑attraction investment and lifestyle choice.
We have access to many more premium properties in Abu Dhabi. Kindly contact us should you require more options: (T) +971 50 145 7962. Visit our Elvar LinkedIn page for updates!
Property details
Property Type
Apartment
Property Size
1,722 sqft / 160 sqm
Bedrooms
2
Bathrooms
3
Available from
4 Aug 2025
Amenities
Central A/C
Shared Pool
Shared Spa
Security
Concierge
Covered Parking
Built in Wardrobes
Lobby in Building
Children's Play Area
Barbecue Area
Location
Price Insights
This property costs 31% more than the average price of 2 bedroom in Al Reem Island
Average Sale Price is 1,864,572 AED
This property is 28% bigger than the average size of 2 bedroom in Al Reem Island
Average size is 1,347 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Reem Island
Provided by
Johan Liebenberg
No ratings
Response time
within 5 minutes
Experience
1 year
Languages
English, Afrikaans
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Monthly payment
10,077 AED
with interest rate of
3.75%
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Regulatory information
Reference
01K1SXTA60Z87NP3YZ4M3G8EXR
Listed
19 hours ago
Broker License
ADREC Permit Number
Agent License
20250000512579
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Own this property from just
10,077 AED /month
Fixed rates from: 3.75%
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