Al Muhairy Centre
About Al Muhairy Centre
Al Muhairy Centre is a mixed-use complex located in Al Khalidiya, Abu Dhabi. The top 15 floors of the building are occupied by residential real estate and offices. The lower two floors consist of retail and entertainment outlets. The project aims to provide one place for people to live, work, shop, exercise, and relax. The building’s infrastructure includes rooms for business meetings and events. There is a conference room and business centre, as well as a room for informal meetings. The complex provides a variety of amenities, including a gym, an adult swimming pool, an entertainment centre, a children’s playground, and a children’s pool.
Residential units include one- to four-bedroom apartments that feature built-in closets and cabinets. Two- and three-bedroom apartments are the most popular properties and have an average size of 1,990 sq. ft. Layouts include balconies and spacious living areas, and some units also have staff accommodations.
Al Muhairy Centre also provides commercial spaces, including open-plan offices, warehouses, and retail outlets. Smaller units are the most popular format of commercial real estate. Furnished offices have a minimum size of 215 sq. ft. There are common areas for employees to relax and eat. The building provides tenants with concierge services, assigned parking, and meeting spaces.
Property Information
- Location Al Khalidiyah, Abu-Dhabi, UAE
- Status of Project Ready
- Type of Project Residential Tower
- Units 1-4BR Apartments
Location
Al Muhairy Centre is located in the community of Al Khalidiya, a well-developed area with convenient transport accessibility. The nearest bus stop, Al Ittihad Square, is situated in front of the building.
Skyline Restaurant and JoAnn Restaurant can be reached within a five-minute walk of the complex, and Burro Blanco, a Mexican restaurant, is located within a five-minute drive. There is a shopping centre inside the building. Visitors can take advantage of panoramic elevators and 12 escalators. Residents and employees can shop for basic necessities and pharmaceutical products. The building also provides family-friendly entertainment at FunWorld. Residents have everything needed to ensure a comfortable living environment.
For groceries and household goods, residents can shop at Safa Express and Choithrams, which are situated within a five-minute drive of the apartments. Corniche Beach can be reached within a 10-minute drive. The community is home to the American Community School, and Al Bateen Academy operates in the neighbouring district. For medical care, residents go to the Al Kamal Medical Polyclinics. Heritage Village, one of the city’s most popular attractions, is located within a 15-minute drive.
Economic attractiveness
Al Muhairy Centre is a mixed-use complex that has economic potential. It attracts real estate investors with its wide selection of commercial and residential real estate. The building has apartments that vary in size, as well as small offices and retail spaces. Units have a minimum return on investment rate of 4.8%. The average annual rental rate for a three-bedroom apartment is USD 35,500 (AED 130,500), and the average annual rental rate for an office is USD 6,500 (AED 24,000).
Al Khalidiya is considered to be the cultural centre of Abu Dhabi. The community attracts tourists, and it ranks in the top three for rental units.
*The price is valid for 2021
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