Muzoon Tower is a 14-storey residential complex located in the Al Raha Beach area of Abu Dhabi. The project was developed by Aldar Properties.
Properties include studios and one- to two-bedroom apartments. Interiors feature fully equipped kitchens with appliances, modern bathrooms, spacious living rooms, and master bedrooms. Apartments also have guest bathrooms and terraces, which offer beautiful views of the sea and surrounding area. Studios have small balconies.
Residents can enjoy a variety of amenities, including:
Muzoon Tower offers properties ranging in size from 516 sq. ft (48 sq. m) to 1,453 sq. ft (135 sq. m). Studios have an average price of AED 929,000 (USD 253,000), and two-bedroom apartments cost approximately AED 1,632,000 (USD 444,300).
*The price is valid for 2021
Muzoon Tower is located on Channel Street, which runs parallel to Sheik Zayed Bin Sultan Street, one of Abu Dhabi’s main streets. The area features a well-developed infrastructure and convenient transportation options.
Residents can buy groceries at Spinneys Supermarket, which can be reached within a five-minute walk of the complex. Lulu Express, Carrefour Market, and SPAR are situated within a 10-minute drive.
There are several local kindergartens and secondary educational institutions, which attract families with children to the area.
Residents can access nearby medical clinics and 24-hour pharmacies.
The area offers a wide selection of restaurants located within a 10-minute drive of the complex, including:
Al Raha Shopping Centre is located within a five-minute walk of the residences. In addition to boutiques and stores, the centre has entertainment venues and restaurants, such as Papa Murphy’s Pizza, Charleys Philly Steaks, Subway, and Gloria Jean’s Coffees.
The complex is located within a short drive of many attractions, including:
Al Raha Beach is a popular coastal area of Abu Dhabi offering a vibrant and active living environment. Therefore, it is not surprising that real estate here is in high demand among investors.
Muzoon Tower offers properties with a return on investment rate of approximately 6%. Investments can be recouped through rental apartments, and annual rental rates range from AED 50,000 (USD 13,600) to AED 90,000 (USD 24,500). The payback period for an investment ranges from 18 to 20 years.
*The price is valid for 2021
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