Properties for sale in Masdar City

While being the capital of the UAE, Abu Dhabi is the centre of political activities. It has become the ultimate choice for national and expats for residential purposes. A residential community, Masdar City is constructed by Masdar, a subsidiary division of Mubadala Development Company. In 2008, it was initiated to become the most sustainable eco-city. It is considered a small city within a city. The architectural marvels of Masdar City are an amalgamation of the contemporary style of construction and classical Emirati edifice. Among residential options in Masdar City, apartments and townhouses are available on sale. As of now, there are no villas or commercial units available for sale in Masdar City.

Types of Properties in Masdar City

Masdar City is claimed to be the most sustainable low-carbon area of United Arab Emirates. It is a unique blend of technology cluster and ecosystem friendly area. The properties here comprise of many apartments and few townhouses available on sale. The apartments in Masdar City have high-end finishing and come with a balcony that showcases the beautiful view of the residential area. There are a spacious living room and dining hall. The bedrooms come with elegantly built bathrooms and walk-in wardrobes. Some apartments have open space bedrooms. The kitchens of these apartments are based on modern designs and consist of pre-fitted cabinets. The residents also get secured parking space for one vehicle. The area has special facilities for a disabled individual.

Sale Price Trend in Masdar City

Masdar City is a city which has matchless amenities and is built on modern technology grounds. People who are willing to buy apartments and townhouses in this area get to choose from a long range of residential units which have different sale prices. The sale price of apartments in Masdar City ranges from AED 425,000 to AED 1,630,000. The prices depend on the specific location of the apartments and number of bedrooms. People can buy the properties through mortgage as well where the total amount is to be paid over a period of 25 years. 25% down payment has to be made while the interest rate is 3.24%.

Popular Areas of Masdar City

Masdar City has all the daily living requirements like education, medical care facilities, restaurants, shopping malls, bank/ ATM facilities, mosque, laundry service and children's play areas within the proximity. Many famous restaurants are located inside Masdar City such as Somo Sushi and Bento, Caribou Coffee, Pappa Roti, Barbacoa, McDonalds and Subway. For making it a convenient place for families, many schools are situated in Masdar City. Few of them are Ryan International School, Stepping Stones Nursery, Crescent International School, and Horizon Private School Abu Dhabi. All these schools have different curriculum. Located very close to Masdar City is Al Raha Garden where many malls are present which residents of Masdar City can visit.

Reasons for Investing in Masdar City

Masdar City is a top pick for investment among properties in Abu Dhabi. It is built on modern grounds. The buildings are built through 90 % recycled aluminium and low-carbon cement. The raw materials used for the construction of residential and commercial units of Masdar City are locally-sourced and verified materials. In terms of investment, Masdar City is an ideal location as it lies in the free zone area of Abu Dhabi and it is considered a remarkable investment zone as well. Using a solar-powered system, Masdar utilizes clean energy for becoming self-sufficient in power generation sector. There are many off-plan units in this area where development is being carried out for new business, restaurants, shops, offices and residential units. It is expected to be home to 40,000 people after its completion. Masdar City has very vigilant intellection property protection program and allows 100% foreign ownership as well which makes it a perfect place for investment.