Hot Deal | Investors Choice | Rent Refund
Property Type:
Apartment
Property Size:
702 sqft / 65 sqm
Bedrooms:
1
Bathrooms:
2
Available from:
25 Jan 2024
Location
Mangrove Place
Abu Dhabi, Al Reem Island, Shams Abu Dhabi
Agent
Arifa Jamal
Deals Experts Real Estate
(925 Properties)Amenities
Central A/C
Balcony
Shared Pool
Covered Parking
Built in Wardrobes
Shared Gym
Children's Pool
Children's Play Area
Barbecue Area
Description
Discover your dream home in the serene environs of Al Reem Island, Abu Dhabi. This exquisite 1-bedroom apartment in Mangrove Palace offers a perfect blend of luxury and comfort, making it an ideal choice for both investors and homeowners. Priced at 750,000 AED, this property is currently rented, ensuring immediate returns on your investment.
Key Features:
Area: A cozy 702 sqft apartment designed for elegance and comfort.
Bedrooms and Bathrooms: Features 1 spacious bedroom and 2 modern bathrooms.
Living and Dining Area: An inviting living and dining area that's perfect for relaxation and entertaining guests.
Modern Kitchen: A fully equipped modern kitchen that caters to all your culinary needs.
Investment Opportunity:
Current Rental: Rented for 50,000 AED/year, with a rent refund available for the new owner, offering an excellent yield.
Facilities & Amenities:
Security: 24/7 security for a safe and secure living environment.
Fitness Center: A well-equipped gym for health and fitness enthusiasts.
Swimming Pool: An exquisite pool area for relaxation and leisure.
Parking: Includes dedicated parking for residents.
Community Living: Set in a vibrant community with access to local shops, cafes, and recreational facilities.
Why Choose Mangrove Palace, Al Reem Island?
Prestigious Location: Located in one of Abu Dhabi’s most sought-after neighborhoods, offering a tranquil lifestyle with stunning views.
Connectivity: Easy access to the city center and major transport links.
High Demand: Al Reem Island is popular among renters and buyers, ensuring a steady investment return.
Additional Notes:
Please note that the photos used are for illustrative purposes only. We recommend scheduling a viewing to get a true feel of this beautiful property.
This property costs 22% less than the average price of 1 bedroom in Al Reem Island
Average Sale Price is 956,854 AED
This property is 19% smaller than the average size of 1 bedroom in Al Reem Island
Average size is 867 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Reem Island
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
3,131 AED
with interest rate of
3.89%
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Reference:
Deals-S7311
Listed:
3 months ago
Broker ORN:
CN-3990388
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Own this from just
3,131 AED/monthArifa Jamal usually responds within 15 minutes
Own this property from just
3,131 AED /month
Fixed rates from: 3.89%
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