The one name on everyone’s lips, especially if you are a resident of the capital, is Al Reem Island. This Abu Dhabi area always gets everyone excited for all that it promises. Located about 600 meters off the north-eastern coast of the city, Al Reem is a natural island which was just sand less than a decade ago. Led by Aldar Properties PJSC, the island is now bustling with residential, commercial and retail projects that have much to offer to its growing population. If you’re on the fence about moving to the heart of Abu Dhabi, here are some benefits and things to consider when deciding to rent in Al Reem Island.
benefits of renting in al reem island
Sure, living on an island sounds great. But it also raises questions of accessibility to and from the mainland and overall practicality in day-to-day life. Al Reem Island is connected to the main city through two bridges, with a third bridge under construction. The growing community is a mere 20-minutes away from Abu Dhabi International Airport. You can also head to Saadiyat or Al Maryah Island which have their own plethora of shopping and dining options.
The Education Factor
Living in Al Reem Island is also great if you have children. The island offers a wholesome community for young families to live and grow. Educational institutions like Repton School and Mosaic Nursery are located in Al Reem, making it convenient for families with children. Repton School Abu Dhabi follows a British curriculum and caters to students from nursery up to Year 13.
Also located in the heart of Al Reem Island is the prestigious Paris-Sorbonne University. The university's impressive dome-shaped campus boasts state-of-the-art facilities with an enormous library, student sports centre and a spacious cafeteria.
Leisure and recreation
Amidst towering buildings, there are plans to open Reem Central Park on the island. Scheduled to be completed later this year, the park will pan over 1,000,000 square feet providing residents with an area to relax outdoors. There are also talks of the park having a mosque big enough to accommodate 2000 worshippers. Restaurants, shops, skate park, play area for kids and interactive water features are also in the pipeline.
(Images Courtesy of Reem Weekend)
You can count on fun weekends when living in Al Reem Island. Last year, Aldar hosted its inaugural Reem Weekend where over 5000 visitors enjoyed various entertainment, shopping, music and sports activities in the heart of the island. Organic food vendors, eclectic food trucks, exciting street performances, and a pop-up market with arts and crafts attracted people from all over the capital.
One of the best things about renting in Al Reem Island is the waterfront views on and around the island. The successful completion of the 2.4-kilometre Reem Island canal have brought spectacular waterside views, promenades, and open-air areas to the island’s growing population.
The upcoming Reem Mall, located in the heart of the island, is in the pipeline with plans to house the world’s largest indoor snow park, 450 stores including 85 F&B outlets, 2 food courts, and a multiplex cinema.
In the meantime, shoppers can get their fix in Al Reem Island’s Boutik Mall that has a number of independent retailers, brands, restaurants and cafes. The mall also has a Waitrose, for residents to go about their grocery shopping. There is also Galleria Mall, located on Al Maryah Island, where Al Reem residents can enjoy a day of retail therapy.
Favorable Rental TrenDs
Following our year-end 2017 report on Abu Dhabi Real Estate, rental trends in Al Reem Island, which fared as the most popular area for renting apartments, are currently on a downward trajectory, making it the perfect time for people who've always wanted to live on the island but were hesitant because of budget constraints, to consider moving to the area. Apartment rents saw an 11% decline on average, across studios, one-bedroom and two-bedroom flats, while villas are following a similar trend all over the city.
Based on Bayut’s search volumes, the most popular areas for renting apartments in Al Reem Island are Marina Square and Shams Abu Dhabi, with Najmat (which houses villas), coming in as the fourth most favoured.
The Cons of Renting in Al Reem Island
Rush Hour Woes
The bridges to and from the city can get congested during peak hours. Al Reem Island dwellers will need to factor this in when planning their commute to work or meetings. While this is a hindrance, UAE residents face the 'traffic' issue in almost all major neighbourhoods around the country. Avoid this while renting in Al Reem Island by leaving a few minutes early and making it to your appointment on time.
The number of projects in the development stage in Al Reem Island is quite high, which means that while residents will (one day) have access to even better world-class amenities, they will also have to live in close vicinity to a construction site or two. But as a renter in Al Reem Island, you can take comfort in the fact that when it's done, the new developments will only make the area more favourable to live in.
So there you have it, everything you need to know if you're considering renting in Al Reem Island. While there are a few cons to living on this up and coming island, the advantages and benefits will certainly have you thinking. Make your move while rents are low and be a part of Al Reem Island's growing population that is nicely tucked away but not entirely cut off from the city.
For other anticipated property projects in Abu Dhabi, check out Bayut's round up of the most exciting developments in the capital in 2018.