Silver Wave Tower
About Silver Wave Tower
(sq. ft.)
Silver Wave Tower is a mixed-use development located in the Al Mina area of Abu Dhabi. The project was developed by International Capital Trading and consists of 38 above-ground floors and four underground levels. The ground floor has 10 offices, and residential units can be found on 26 floors of the building.
Properties include two- to three-bedroom apartments. Units feature built-in closets, spacious lounge areas, staff accommodations, and fully-equipped kitchens with marble counters and natural woodwork. Each bedroom has a separate bathroom.
Residents can enjoy a variety of amenities, including:
- State-of-the-art gym with trainers
- Spa
- Swimming pool
- Sauna
- Health club
- Lobby
- Underground parking
- High-speed lifts
- Concierge services
- 24-hour security with video surveillance
Apartments range in size from 1,605 sq. ft. (149 sq. m) to 3,000 sq. ft. (279 sq. m).
Property Information
- Location Al Mina, Abu-Dhabi, UAE
- Status of Project Ready
- Type of Project Residential Tower
- Units 2-3BR
- Area from 1,605 sq. ft.
Location
Silver Wave Tower is situated on the waterfront in Abu Dhabi’s Corniche community. Its central location offers easy access to other parts of the emirate. The complex is within walking distance of various supermarkets, banks, parks, and cultural centres.
Several upscale restaurants, such as Samurai Japanese Restaurant, Olive Garden, Rodeo Grill, and La Petite Maison, are located within a five-minute drive of the complex. Supermarkets, such as Voll, Lifco, and ZOOM, can also be reached within a five-minute drive.
The complex is situated within a 10-minute drive of many popular destinations, including:
- Heritage Park
- Electra Park
- Dhow Harbour
- Louvre Abu Dhabi
Payback
Silver Wave Tower has residential and commercial properties for sale and rent. Investors from around the world are attracted to the development’s central location. The area offers several schools, medical centres, shopping centres, and recreation areas.
Apartments at Silver Wave Tower have a return on investment rate of 6%. Investors can purchase units to subsequently rent out. The annual rental cost for an apartment at Silver Wave Tower ranges from AED 90,000 (USD 25,000) to AED 125,000 (USD 34,000), and properties have a payback period that ranges from 15 to 20 years.
*The price is valid for 2021
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