Al Reem Island Real Estate Investments

Al Reem Island, the crown jewel of Abu Dhabi's real estate landscape. Situated just 600 meters off the north-eastern coast of the city, Al Reem Island has rapidly become one of the most sought-after residential areas in the capital.

With its picturesque waterfront views of Marina Bay and the Arabian Gulf, this natural island offers a modern lifestyle in a vibrant and thriving community.

Neighborhood Overview

Al Reem Island is a rapidly developing neighborhood in Abu Dhabi, offering a wide range of residential and retail options. Whether you're looking for a luxury penthouse an apartment with stunning waterfront views or a charming waterfront villa, Al Reem Island has it all.

A Mixed-Use Community

As a mixed-use community, Al Reem Island offers residents a multitude of conveniences and amenities. The area is home to scenic waterfront developments that are equipped with the latest technology and designed to cater to the diverse needs of its residents. Its appeal extends to a wide range of nationalities as Al Reem Island was one of the first developments in Abu Dhabi to offer property ownership to expats on a leasehold basis. This multicultural environment adds to the vibrant atmosphere of the island creating a rich tapestry of cultures and lifestyles.

Rental Trends on Al Reem Island

Rental prices on Al Reem Island are competitive and vary depending on the property type and size.

• Studio apartments can be rented for as low as AED 35,000 per year
• 1-bedroom flats range from AED 45,000 to AED 130,000 per year.
• 2-bedroom flats are available at prices ranging from AED 60,000 to AED 199,000 per year.
• 3-bedroom apartments range from AED 92,000 to AED 215,000 per year
• 4-bedroom apartments, the prices range from AED 180,000 to AED 270,000 per year.
• 5-bedroom flats can be rented for AED 250,000 per year.
• Penthouses on Al Reem Island can range in price from AED 148,000 to AED 300,000 per year.

Villas on Al Reem Island offer a range of spacious and luxurious accommodations for residents.

Villa Types:

• 2-bedroom
• 3-bedroom
• 4-bedroom
• 5-bedroom

Rental Prices:Rental prices for villas on Al Reem Island can vary depending on the size, location and amenities. On average the rental prices for villas are as follows:

Availability:

There are several villas available for rent on Al Reem Island.

• AED 170,000 Yearly: This 3-bedroom villa offers 4 bathrooms and spans across 1,899 square feet. It is located in Al Reem Island.
• AED 60,000 Yearly: This 1-bedroom villa features 2 bathrooms and covers an area of 720 square feet. It is situated in Burooj Views, Marina Square in Al Reem Island.
• AED 349,999 Yearly: With 5 bedrooms and 8 bathrooms spread over 4,978 square feet, this villa is located in Nalaya Villa, Najmat Abu Dhabi in Al Reem Island.

There are several villas available for rent on Al Reem Island.

• AED 275,000 Yearly: This villa offers 5 bedrooms, 6 bathrooms, and covers an area of 4,081 square feet. It is situated in Nalaya Villa, Najmat Abu Dhabi in Al Reem Island.
• AED 140,000 Yearly: With 3 bedrooms and 4 bathrooms this villa spans across 2,152 square feet and is located in RAK Tower, Marina Square in Al Reem Island

Nearby Areas

• Abu Dhabi city: Al Reem Island is connected to Abu Dhabi city via a bridge, providing easy access to the city's amenities, attractions and business districts.
• Al Maryah Island: Another bridge connects Al Reem Island to Al Maryah Island, which is a cultural community offering additional options for retail, recreation and leisure activities.
• Saadiyat Island: Saadiyat Island is located minutes away from Al Reem Island and is known for its cultural landmarks, beautiful beaches, and luxury resorts. It provides residents with more options for retail, recreation and leisure purposes.

• Yas Island: Yas Island is approximately 30 minutes away from Al Reem Island and is a popular entertainment destination. It features attractions such as Ferrari World, Yas Waterworld and Yas Marina Circuit.
• Abu Dhabi Corniche: The Abu Dhabi Corniche, located about 20 minutes away from Al Reem Island, is a waterfront promenade that offers scenic views, beaches, parks and various dining options.
• Sheikh Zayed Grand Mosque: The Sheikh Zayed Grand Mosque, one of the world's largest mosques is about a 35-minute drive from Al Reem Island.
• Burj Khalifa: Although not nearby, Burj Khalifa, the world's tallest building, is approximately a 2-hour and 20-minute drive from Al Reem Island.

Residents of Al Reem Island have access to several malls in the vicinity.

• Shams BOUTIK Mall
• Galleria Mall

Al Reem Island boasts a variety of restaurants that cater to different culinary preferences. Some popular restaurants in Al Reem Island Abu Dhabi

• Pizza Express
• Buffalo Wings and Rings
• Super Poke
• The Kettle Corner
• Doppio Café
• Smoking Doll
• Popeyes

Beaches near the community

• Saadiyat Public Beach: Saadiyat Public Beach is the closest beach to Al Reem Island, located approximately 20 minutes away by car. It offers sun loungers, lockers, towel services and even weekly yoga classes.
• Abu Dhabi Corniche Beach: Another option is Abu Dhabi Corniche Beach, which is also about 20 minutes away. It's a free public beach with ample parking space and is conveniently located near popular restaurants and cafés.

Parks and Leisure Activities

• Al Reem Central Park: Al Reem Island features the newly developed Reem Central Park, spanning over 1 million square feet. The park offers a large open space with a skate park, play areas for kids and a promenade along the canal, providing residents with recreational and leisure opportunities.
• Outdoor Activities and Fitness: The promenade along the 2.4-kilometer canal on Al Reem Island offers residents a pleasant space for long strolls by the water or quick evening jogs. Primal Gym, located at the back of the island, is a popular fitness option with various classes and martial arts training taught.

Investment Opportunity

Here's the average sales price in buying properties in Al Reem Island;

Types	Prices (AED)
Studio	546,000
1-bedroom	792,000
2-bedroom	1,263,000
3-bedroom	1,885,000
4-bedroom	3,701,000
5-bedroom	9,636,000

The average return on investment (ROI) for apartments in Al Reem Island

• 8.7% for a studio apartment
• 2-Bedroom: The average ROI for a 2-bedroom villa is approximately 5.6%.
• 3-Bedroom: For a 3-bedroom villa, the average ROI is around 5.1%.
• 4-Bedroom: The average ROI for a 4-bedroom villa is about 6.7%.
• 5-bedroom unit is about 4.2%

For villas and townhouses, the ROI is around 5% for 2-bedroom units and 6.1% for 3 and 4-bedroom units.

• Strategic Location: Al Reem Island's prime location provides easy access to Abu Dhabi's central business district and transportation networks, attracting both local and international investors.
• Diverse Property Portfolio: With a diverse range of apartments, penthouses, and villas, Al Reem Island offers investment options for various budgets and preferences.
• Strong Rental Yields: The high demand for rental properties on Al Reem Island ensures attractive rental yields, making it a lucrative investment for generating consistent income.
• Capital Appreciation Potential: Ongoing infrastructure projects and planned expansions contribute to Al Reem Island's growth potential, creating opportunities for capital appreciation.
• Golden Visa Program Eligibility: Investors in Al Reem Island properties may qualify for the Golden Visa Program, granting them long-term residency and ownership rights, further enhancing the investment appeal.
• Luxurious Lifestyle and Amenities: Al Reem Island offers a luxurious lifestyle with world-class amenities, including shopping malls, restaurants and marinas, elevating the overall investment value.

Al Reem Island History

Nestled off the coast of Abu Dhabi, Al Reem Island has a captivating history that intertwines with its modern development.

Ancient Roots:

• Al Reem Island, historically known as "Dhaher Island," has a heritage that dates back centuries.
• The island served as a natural habitat for diverse marine life, attracting fishermen and traders to its shores.

Development Era:

• In the early 21st century, Abu Dhabi's urban expansion plans included the transformation of Al Reem Island into a thriving residential and commercial hub.
• Extensive land reclamation projects commenced, gradually shaping the island into what it is today.

Visionary Planning:

• Al Reem Island's development was meticulously planned to create a dynamic community that harmonizes with its natural surroundings
• Emphasis was placed on incorporating sustainable practices, green spaces, and state-of-the-art infrastructure.

Over the years, Al Reem Island has become home to iconic landmarks, architectural marvels and world-class amenities. The skyline is adorned with striking towers, luxury residences and prominent commercial establishments

Al Reem Island continues to evolve, with ongoing infrastructure projects and planned developments shaping its future.

Popular Projects in Al Reem

Marina Square:

• Features luxurious apartments with stunning views with high-end amenities and a vibrant community atmosphere.
• A waterfront development offering a mix of residential towers, commercial spaces and retail outlets

The Gate Towers:

• An iconic landmark on Al Reem Island comprising 3 towers with residential, commercial and leisure facilities.
• Offers spacious apartments with modern architecture and a range of amenities including swimming pools, fitness centers and landscaped gardens

Beach Towers:

• Located in Shams Abu Dhabi, Beach Towers is a mixed-use development offering residential apartments and retail spaces.
• Known for its beachfront location, residents can enjoy beautiful sea views and access to a wide range of recreational facilities.

Sky Tower:

• A prestigious residential tower offering luxurious apartments with panoramic views of the Arabian Gulf and Abu Dhabi skyline.
• Provides residents with access to a wide range of amenities including gym, swimming pools and a dedicated concierge service

Al Maryah Vista:

• A prestigious waterfront residential development offering luxury apartments with panoramic views of the Arabian Gulf.
• Features premium amenities such as a rooftop infinity pool, gyam nd direct access to Al Maryah Island's vibrant business and entertainment district.