- Liwa Street
Near Liwa Street
Renting a Property in Liwa Street
Ever since the United Arab Emirates (UAE) diversified its focus from the oil industry to tourism and real estate, it has been under the global spotlight. Abu Dhabi is one such emirate that has contributed to the economy of the country, especially by hastening its real estate sector. It offers a wide range of water-front residential projects, landscaped roads, and commercial districts attracting visitors and locals alike. Housing around 2.5 million people from around the world, the real estate in Abu Dhabi has witnessed massive advancement over the years. One of the busiest and most sought-after districts in Abu Dhabi is Liwa Street that runs along Khalifa Bin Zayed St. and Sheikh Rashid Bin Saeed St., extending from the Corniche. The street presents a happening environment and a variety of residential buildings with all basic amenities at within reach.
Types of Properties on Liwa Street
Liwa Street in Abu Dhabi is a commercial district with many mid to high-rise residential buildings surrounded by retail outlets, malls, and facilities. Moving along the road one can find a number of office spaces, residential flats, serviced apartments, and hotel apartments offering a variety of options for people looking for a property to rent in Abu Dhabi. The apartments on Liwa Street are built in well-kept buildings and guarded by reliable security systems. Each residential unit enjoys panoramic views of the city and world-class facilities. Mostly coming in 2 and 3-bed settings, these flats are good for couples and families while one may also find some good 1BHK and 4BHK options. A standard 2-bedroom apartment boasts a sturdy floor-plan of about 950 sq. ft. to 1,400 sq. ft. whereas renting 3-bedroom flats on Liwa Street means one can expect a large living space up to 2,100 sq. ft.
Rent Price Trends for Properties on Liwa Street
The properties on Liwa Street are an ideal option for those in search of affordable rentals. The residential and serviced apartments throughout the street are all reasonably priced. The annual cost of renting 2BHK flats is AED 70,000 approximately, coming with a modern kitchen, 3 well-fitted bathrooms, a balcony, and an open dining area. Rental prices of 3-bedroom apartments vary based on the size of the covered area and floor ranging from AED 75,000 to AED 198,000 per annum. Those wishing to compare the rents of apartments in Liwa Street with neighbouring complexes in Al Nasr Street, Hamdan Street, or Khalifa Bin Zayed Road can consider doing so to get an idea of the rates.
Popular Areas of Liwa Street
Liwa Street in Abu Dhabi gleams with several apartment buildings and lavish shopping centres along the road. Al Safa Tower, Sheikh Maryam Building, and Arzana Building are some of the popular choices with apartments up for rent. Moreover, residents enjoy access to every necessity, such as banks and exchanges and grocers and shopping centres. Liwa Centre, Mall of World Trade Center, and Malabar Gold and Diamonds are some favourite shopping spots that offer almost every brand as well as local shops.
Reasons for Renting in Liwa Street
Liwa Street in one of the most popular districts in Abu Dhabi famous for classy shopping arcades. It forms the centre of the capital lying in close proximity to the beach and Corniche lake park. Geographically, the street holds great importance in keeping residents connected to all of Abu Dhabi and beyond. Liwa Street is a massive shopper’s paradise with family-favourite malls and markets. Khalifa Station and Hamdan Station are the closest stations built at a short walking distance.