Properties for rent in Al Reem Island

Abu Dhabi is rapidly becoming a centre of profit making and real estate activity in the region. Al Reem Island is one of the most well-developed properties in Abu Dhabi. Abu Dhabi has its own importance because it is the capital of the United Arab Emirates.  Interested tenants have an array of property types on Al Reem Island to choose from apartments, exquisite waterfront villas, and luxurious penthouses.

Types of Properties in Al Reem Island

When it comes to renting a property on Al Reem Island, there are numerous options such as villas, penthouse, and apartments. Al Reem Island is one of the first developments in Abu Dhabi to offer property ownership to expats on a leasehold basis. Al Reem Island has 1 BHK, 2 BHK, and 3 BHK apartments. Apartments on Al Reem Island are lavish and they come in different sort of coverage areas.  All the apartments for rent are centrally air-conditioned and have reserved parking spaces, balcony or terrace, swimming pool, waste disposal, security staff, intercom, and 24-hour security concierge. The villas on Al Reem Island also come with the same facilities plus balcony with sea view, backyard, inside courtyard, store room, laundry room, maid's room, and a private garden.

Rent Price Trend of Properties in Reem Island

Prices may vary according to the size location and number of rooms of the apartment. These apartments offer high class living with updated equipment.  A 1 BHK for rent ranges from AED 55,000 to AED 68,000. A 3 BHK on Al Reem Island ranges from AED 100,000 to AED 180,000. If a number of bedroom and space is required then it is better to get a villa. A 4-bedroom rental villa on Reem Island ranges from AED 250,000 to AED 260,000. The rent is to be paid on yearly basis. Mostly the properties are available on 2 cheques per year basis.

Popular Areas in Al Reem Island

Marina Square is the most famous and talked about the unit of Al Reem Island next are the City of Light and Shams Abu Dhabi. Reem Island is ideally situated next to Abu Dhabi Downtown. For commercial purposes, offices are also available on rent in Addaz Port, Shams Gate District, and Marina Square. Najmat Abu Dhabi is a well-developed residential area of Al Reem Island which comprises villas for rent and sale. Abu Dhabi International Airport is also 30 minutes' drive away from Al Reem Island. The area is an ideal location for families and mostly the villas and apartments are occupied by families. The area has many education centres nearby like The Repton Foundation School of London – which is a co-education boarding school, British Orchard Nursery, as well as Start for Special Abilities and Early Intervention Center. There are many healthcare centres located near Al Reem Island as well such as the American European Medical Center and Beverly Hills Medical Center, which are 4 kilometres from Al Reem Island. Famous eateries like Bon food, Bloomsbury's and Shabby Chic café are also close by.

Reason for Investing in Al Reem Island

Al Reem Island is under further development and there will be a lot more real estate properties and tourist attraction added to the current rundown of parks, supermarkets, and eateries. Nearest to Al Reem Island, Al Maryah Island and Saadiyat Island are fast becoming business districts of the capital and have plenty of additional facilities. Al Reem Island was one of the first free zones in Abu Dhabi and as such opened up property ownership to expatriates. The most famous Yas Island is also some minutes drive away from Al Reem Island, where there are never-ending entertainment options.