HIGHLIGHTS
ABOUT MASDAR CITY
Masdar City is a mixed-use project in Abu Dhabi built by Masdar (Abu Dhabi Future Energy Company). Established in 2006, the development is designed to become a sustainable urban community. The project involves maximum utilisation of renewable energy for community operations leading to a clean, healthy environment. The urban community strategically combines residential and business complexes, proving to be a popular investment opportunity. Located beside the airport, it lies close to major leisure attractions of the emirate.
Masdar City Abu Dhabi is also popular amongst investors, as seen in Bayut’s Annual Market Report for Abu Dhabi 2019. It’s placed fifth in terms of the most popular areas to buy apartments.
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POPULAR AREAS |
ROI |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018 |
STUDIO |
1 BED APT |
2 BED APT |
|---|---|---|---|---|---|
| Al Reem Island |
ROI
7.0% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Al Raha Beach |
ROI
7.0% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Al Ghadeer |
ROI
8.0% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Al Reef |
ROI
8.6% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Masdar City |
ROI
8.7% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Saadiyat Island |
ROI
7.8% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Yas Island |
ROI
6.6% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Baniyas |
ROI
7.7% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Al Maryah Island |
ROI
N/A |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
| Danet Abu Dhabi |
ROI
7.2% |
PRICE PER SQ.FT
Avg. Price/sq.ftChange from 2018
|
STUDIO
|
1 BED APT
|
2 BED APT
|
|
Not available due to low/no historical inventory or influx of off-plan properties |
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IN A NUTSHELL
- Provides a sustainable environment with the utilisation of solar power and renewable energy
- An energy-efficient community offering a cost-effective residence
- Mixed-use development which offers a range of luxurious apartments, villas and business complexes
- Soon to be home to My City Centre – a mega shopping and leisure destination
- Within close vicinity to the Abu Dhabi International Airport
NEIGHBOURHOOD
COMMUNITY OVERVIEW
Built with the capacity to house over 45,000 residents, Masdar City is a futuristic mixed-use project that is home to various residential units and commercial buildings. Apart from boasting luxurious villas and apartments, the community also hosts headquarters of the International Renewable Energy Agency and a commercial complex known as the Incubator Building which is home to 260 companies.
Masdar City provides access to various facilities. With a range of eateries, gyms, supermarkets and outdoor activities, the community offers an ideal lifestyle for individuals and families alike. The development promotes sustainable living by incorporating solar power and renewable energy. Since the development plan is based on the idea of sustainability, the residents will find living in the community economically viable and cost-effective.
PROPERTIES IN MASDAR CITY
Embracing energy-saving technologies, the efficient eco-villas in Masdar City are thoughtfully constructed to reduce running costs. Many of the villas are equipped with solar panel roofs adding to the sustainability factor of the residences. The villas provide luxurious living with modern amenities.
The villas in Masdar City come in a variety of configurations. Families looking for a spacious home can opt for a 5-bedroom villa which has an average rent of AED 220k yearly, while the rent for a smaller 4-bedroom villa average at AED 200k.
RENTAL TRENDS IN MASDAR CITY
Apartment Type | Average Rent Price in AED |
|---|---|
Apartment Type Studio | Average Rent Price in AED 45,000 |
Apartment Type 1-Bed | Average Rent Price in AED 70,000 |
Apartment Type 2-Bed | Average Rent Price in AED 99,000 |
People can find apartments for rent in Masdar City in three variations. The average rent of a studio unit is AED 45k while one can rent a 1-bedroom apartment for AED 70k. The average rent of a 2-bedroom apartment is about AED 99k.
SALE TRENDS IN MASDAR CITY
Apartment Type | Average Sale Price in AED |
|---|---|
Apartment Type Studio | Average Sale Price in AED 535,000 |
Apartment Type 1-Bed | Average Sale Price in AED 762,000 |
Apartment Type 2-Bed | Average Sale Price in AED 1,107,000 |
Combining traditional Arabic architecture with modern technology, the apartments for sale in Masdar City come with convenient facilities. Most apartments are furnished with built-in wardrobes, kitchen appliances and have huge balconies. Residents can make use of covered car parking, shared gyms and swimming pools.
ROI IN MASDAR CITY
Apartment Type | ROI |
|---|---|
Apartment Type Studio | ROI 8% |
Apartment Type 1-Bed | ROI 8% |
Apartment Type 2-Bed | ROI 7% |
The highest ROI is of a studio and 1-bedroom unit of 8%. A 2-bedroom apartment has the lowest ROI of 7%.
Most Popular buildings in Masdar City
The 600 unit Oasis Residence is a 9-storey residential building in Masdar City. It is the most popular building in the area. The complex is comprised of luxury apartments ranging from 1 to 3-bedroom units and studios. The studio flats for sale will cost about AED 525k while a family-sized 3-bedroom apartment has an average price of AED 2M.
Leonardo Residences takes the second spot in popularity. Those looking to buy smaller flats can opt for studios or 1-bedroom apartments in Leonardo Residences, the prices for which range from AED 500k to AED 800k. Those looking to rent studio flats in Leonardo Residences can expect to shell out an average of AED 50k per annum. The Gate and Al Mahra Residence rounds of the list.
TRANSPORTATION AND PARKING SPACES IN MASDAR CITY
Masdar City has eco-powered cars and other clean-energy vehicles for mass transit inside the city. The visitors can safely park their cars in the outskirts and then a driverless car can take them in. As for parking spaces, the residents are provided with car parking.
The area is not reachable by public transport with the nearest bus stop in Khalifa City, a 10-minute drive away.
AMENITIES, SCHOOLS AND HEALTHCARE
SUPERMARKETS IN MASDAR CITY
Since Masdar City aims to provide all the facilities within its vicinity, community members can head to F-Mart supermarket in Masdar City itself. The supermarket is a one-stop-shop for all the daily grocery needs of the residents. Providing a wide range of grocery items, the market offers high-quality products to the residents. Another option is the Souq Planet in Etihad Plaza which is just outside the borders of Masdar City. It is known for its vegan produce and health food section.
CHURCHES, TEMPLES AND MOSQUES IN MASDAR CITY
Catering to the religious needs of the residents, Mosque Masdar is built within the confines of the neighbourhood. For the church-going community members, there are multiple options in Mussafah, about a 15 to 20-minute drive away. Those following the Sikh faith can visit the New Gurdwara Abu Dhabi. Hindu residents will have to wait for the new temple to be constructed in Abu Dhabi. Until then the only option is the temple in the Bur Dubai district in Dubai which is about 1 hour and 30 minutes away.
SCHOOLS AND UNIVERSITIES IN MASDAR CITY
Established by Ryan Group of Institutions, Ryan International School is located within Masdar City. Following the International Baccalaureate (IB) curriculum, the school provides state-of-the-art infrastructure, classrooms with the latest amenities, a swimming pool, an auditorium and activity rooms. The residents can also opt for schools and nurseries located in the neighbouring Khalifa City as the area has some top-rated options.
Affiliated with Khalifa University, Masdar Institute of Science and Technology is located within the premises of the community. Popularly known as Masdar Institute, the university offers masters programs focused on environmental research, sustainability, alternative energies and engineering sciences. The university also boasts several research centres.
HOSPITALS AND CLINICS IN MASDAR CITY
The Doctors Medical Center is a clinic in Masdar City offering a number of services. The medical centre provides services in cosmetic dermatology, hair restoration, dentistry, body contouring, physical therapy and laser hair removal. Apart from this, Mediclinic Khalifa City and Provita International Medical Centre are also located at an 8 to 10-minute drive away in the neighbouring Khalifa City. The nearest hospital is the NMC Royal Hospital in Khalifa City.
NEARBY AREAS
Masdar City is built adjacent to Khalifa City A. The geographical location of the community allows the residents to easily reach several of the prime locations of the emirate namely Abu Dhabi International Airport, Al Ghazal Golf Club, Yas Island and Al Raha Mall.
Lifestyle
SHOPPING, DINING AND NIGHTLIFE
MALLS IN MASDAR CITY
The leisure and shopping hub, My City Centre, is currently being constructed in the heart of Masdar City. The project is designed to have 77 stores built on an area of 18,800 sq.m. The development will include an entertainment centre called Magic Planet. A Carrefour Hypermarket is also part of the plan covering as much as 5,760 sq. m. For healthcare services, City Centre Clinic will also be located in the development to provide medical facilities to the visitors and residents of the nearby areas. Since Masdar City primarily focuses on utilising renewable energy, the My City Centre mall will incorporate shaded car parking spaces for 430 vehicles with overhead solar panels. The project will also adopt several innovative waste management and strategic energy consumption methods, making the mall one of its kind.
Until the development of My City Centre is complete, the residents have an option of visiting the Al Raha Mall to meet the shopping needs. From retail to entertainment to dining options, the shopping centre has a lot to offer to its visitors.
RESTAURANTS IN MASDAR CITY
There is no shortage of restaurants in Masdar City; Caribou Coffee, Jim’s Kitchen Table, Pappa Roti Café, Skinny Genie and Sumo Sushi & Bento are some of the dining options the residents can visit easily. There are a few wallet-friendly food and beverage outlets in Masdar Park such as Café di Roma, Frost Bite Icecream, Rock & Rolls Restaurant, Casa Latina Food Truck and Burger Kitchen. The residents can also head to Khalifa City A, which features a plethora of dining options.
BEACHES NEAR MASDAR CITY
There are numerous beaches in Abu Dhabi that are quite close to the community. Yas Beach is located about 15 minutes away from Masdar City. For a sunny day out with family, the residents can also head to Al Raha Beach, Saadiyat Public Beach and Corniche Beach located 30 minutes away by car.
LEISURE ACTIVITIES AND NOTABLE LANDMARKS
Part of the top golf clubs in Abu Dhabi, Al Ghazal Golf Club is a sports destination located at a 12-minute drive away. The golf club offers a unique sand golf experience while providing food and beverage options. The residents of Masdar City can also visit Al Forsan International Sports Resort to avail a number of sports activities. It offers motorsports, equestrian sports, free-range shooting, water sports and more.
To enjoy the oceanfront views, Yas Marina Abu Dhabi is also a mere 15-minute drive away.
OUTDOOR ACTIVITIES, FITNESS AND BEAUTY
Those looking for a little peace and quiet can head to Masdar Park. It is a family-friendly park that is popular with residents. Spread over an area of 2,500 sq.m., the park consists of children’s playgrounds and dining options housed in recycled shipping containers. Solar-powered benches are also installed at the park where visitors can charge their phones.
Masdar City is based on the idea of healthy living, hence the community encompasses sporting facilities and gymnasiums. A football pitch and an outdoor basketball court are located adjacent to Masdar Park. Stretching over 5.6 kilometres, a trail is set within the community that provides cycling and running tracks.
COMMUNITY EVENTS
Several community events are hosted by Masdar in Masdar City to shed a light on sustainability and its importance. The events include music, fun-filled activities, entertainment, food stalls and learning workshops for children. As a part of Abu Dhabi Sustainability Week, The Festival held at Masdar City aims to provide an entertaining yet educational experience while delivering the hands-on workshops. Masdar Park also hosts a number of events consisting of recreational activities for children and adults.
THINGS TO CONSIDER
There are many pros and cons of living in Masdar City, Abu Dhabi. The mixed-use development of Masdar City offers its residents a blend of luxurious living with a sustainable environment. Also, the community boasts various entertainment spots for its residents. However, a portion of the area is still under construction; several of the residential units and leisure developments will reach their completion in the next few years.
LOCATION
- Easy access to the neighbouring communities of Khalifa City A and Khalifa City B
- Located next to Abu Dhabi International Airport
- Yas Island can be reached within 15 minutes
- Al Raha Mall is a 15-minute drive away