Al Reem Island is among the newer developments of Abu Dhabi and one of its most in-demand localities for buying apartments. The area boasts quality water-front flats that offer enchanting views of the Marina Bay and the Persian Gulf with all the luxuries that modern day buyers are accustomed to. Navigating the area is easy thanks to an efficient network of roads.
Accessibility and Commute Times to/from Al Reem Island - Of all new developments in the emirate, Al Reem Island is certainly the most accessible. Several bridges and highways connect it to mainland Abu Dhabi. One of the easiest access routes emerges from the Sheikh Zayed Street from where a dedicated exit will lead you to Al Reem Island. The busy Corniche Area is a 17-minute drive away, and so is the business and commercial hub of downtown Abu Dhabi. A trip to the airport will only take half an hour. Add another hour's drive to that travel time, and you’ll find yourself in the heart of Dubai.
Apartments in Al Reem Island - Al Reem Island is an area that offers an array of mid to high-end and super luxury apartment units. From the iconic Gate Towers to the skyscrapers by the bay, buildings in Al Reem Island area are contemporary, refined and offer an idyllic residential setting. Residential towers presently popular with buyers include Marina Square, Sun and Sky Towers and of course, the marvellous Gate Towers. Be it an efficient studio apartment, a spacious 3-bed apartment or a luxury penthouse atop the Abu Dhabi skyline, apartments for sale in Al Reem Island leave little to be desired. Additionally, the area has a freehold status, meaning buyers can enjoy full benefits of ownership.
Potential for Return on Investment in Al Reem Island - A contemporary setting and freehold status have made Al Reem Island very popular with investors as well. Its appeal is made stronger by the excellent rental returns on investment properties in Al Reem Island provided to unit owners. Average ROI for apartments in Al Reem Island is close to 7% per annum. However, the ROI for studio units and 1-bed units in Al Reem Island goes as high as 8.6% and 7.5%, respectively, some of the best in the region.
Lifestyle and Community in Al Reem Island - Al Reem Island is steadily on its way to becoming a complete lifestyle destination with a genuinely modern feel. Though it has limited retail options currently, various dining and leisure outlets are blossoming across the area. For now, The Galleria on the nearby Al Maryah Island offers a healthy dose of high-end luxury retail. Al Maryah Central and Shams Boutik are other malls in the area that are perfect for weekend shopping, dining out and recreational indulgences, like gaming arcades and bowling. Al Reem Island is expected to get its own mall, the mammoth Reem Mall, by the end of 2018 that will turn the locality into a pure retail and entertainment hub. To sum up, investing in an Al Reem Island apartment is a shrewd move on the part of home buyers and investors alike.