Al Reef Downtown
About Al Reef Downtown
(sq. ft.)
Al Reef Downtown is a multifunctional residential complex located in Al Reef, Abu Dhabi. The project was developed by Manazel Real Estate, and it was fully commissioned in 2013.
Properties include studios and one- to three-bedroom apartments with open balconies, modern bathrooms, and equipped kitchens.
Residents can enjoy a variety of amenities, including:
- Swimming pool
- Children’s playground
- Gym
- Central air conditioning
- Landscaped gardens
- Tennis court
- 24-hour security
- Patios
- Barbecue areas
- Cafes
- Parking
Units have a minimum size of 40 sq. m (430 sq. ft.). The annual rental rate for a studio starts at AED 38,000 (USD 10,000), and the purchase price for a studio starts at AED 520,000 (USD 142,000).
*The price is valid for 2021
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Property Information
- Location Al Reem Island, Abu-Dhabi, UAE
- Status of Project Ready
- Type of Project Residential Tower
- Units 1-3BR
- Area from 430 sq. ft.
Location
Al Reef Downtown is located in a community with a well-developed infrastructure. The nearest bus stop, Al Adaed Street, can be reached within a four-minute walk of the residences.
Maple Bear Nursery is situated within a five-minute walk of the complex. Medical Centre for Labour can be reached within a 25-minute drive, and Tajmeel Specialised Medical Centre is located within a 16-minute drive.
For shopping, residents have easy access to My City Centre Masdar in Khalifa City, which offers more than 70 retail stores and 17 charging points for electric vehicles.
Yas Mall can be reached within a 14-minute drive of the complex and features retail stores, restaurants, and entertainment venues. For groceries, residents can go to Select Market in Arabian Village, which is situated within a five-minute drive.
The nearest beach is on Yas Island located within a 14-minute drive of the residences. Yas Waterworld can be reached within a 16-minute drive and features more than 40 attractions in six different areas. Ferrari World Park is situated within an 11-minute drive. Abu Dhabi International Airport can be reached within a 17-minute drive, and downtown Dubai is located within an hour of the complex.
Payback
The Al Reef community offers many profitable real estate investment opportunities. Units are situated near Sheikh Maktoum Bin Rashid Road, which provides easy access to Abu Dhabi’s business districts and industrial areas. Due to high demand, real estate in Al Reef can typically be sold quickly and for a profit.
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Metropolitan Premium Properties
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Office 706, 707. Danet.
Guardian Towers. Abu Dhabi
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