Vacant one bedroom apartment in Reem Island

Property Type:

Apartment

Available from:

18 Mar 2024

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Location

Sky Tower

Abu Dhabi, Al Reem Island, Shams Abu Dhabi

Agent

Mihaela Andronic

Estatehub 360

(73 Properties)

Residential Insights

Sky Tower

Price Range:998K - 16M AED

Community Insights

Al Reem Island

3.8/586 building reviews

Price Range:450K - 600M AED

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Amenities

Central A/C

Shared Pool

Security

View of Water

Shared Gym

Children's Pool

Children's Play Area

Barbecue Area

Description

Located at the heart of the Reem Island, stands the gigantic development of Sky and Sun Tower consisting of two super tall structures, and having mixed use, both residential and commercial.

We propose for investment the following unit:

-One bedroom vacant apartment
-Very high floor
-Panoramic views
-Built by Aldar in 2010
-Spacious built-up of 1,090 sq ft
-Views of the mangroves and the lakes
-Floor to ceiling high windows
-Plenty of natural light
-Spacious kitchen
-Built-in wardrobes
-Huge shopping complex at the base of the tower
-Restaurants, supermarkets, convenience stores, coffee shops, all available downstairs
-Allocated parking space
-Community facilities (pool, gym, restaurants, concierge)

Reem Island is a freehold area, currently undergoing massive levels of development. Sky Tower was built by the premier developer of Abu Dhabi, Aldar Properties. Abu Dhabi is developing its real estate market and growing the amount of investments flowing into the emirate. It offers a significantly lower price per square foot compared to Dubai with superior infrastructure, therefore making a strong case for future growth and capital appreciation potential.

This property costs 25% more than the average price of 1 bedroom in Al Reem Island

Average Sale Price is 967,674 AED

This property is 26% bigger 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