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Al Reef Villas

Al Reef Villas
License number: 202302934469
Project number: 2018/278412

Buying Property in Al Reef Villas

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About the project

Al Reef Villas is a well-known project by the developer Manazel Real Estate, located in the Al Reef community. The construction of the complex was completed in 2012 and houses villas built in four different architectural styles

In total there are 2,376 units of various sizes and layouts. The complex is divided into clusters depending on the appearance of buildings. The four architectural styles of the villas are: Arabian, Desert, Mediterranean, Contemporary, that come with a choice of 2, 3, 4, 5 bedrooms. Each villa has a terrace with a garden and a swimming pool.

Al Reef Villas offers the following types of amenities:

  • Closed guarded area
  • Playground
  • Park area
  • Swimming pool
  • Fitness center
  • Supermarkets
  • Cafes
  • Beauty salons
  • Children’s garden

A villa with two bedrooms has a living area of 1,832 sq. ft (170 sq. m) and three bathrooms, an open-plan kitchen, a spacious living room and additional practical rooms, as well as a parking space for a car. The minimum price of a two bedroom villa is AED 1,080,000 (USD 291,600).

*The price is valid for 2021

Location

Al Reef Villas is part of the Al Reef community and is close to a key highway in the UAE – Sheikh Maktoum Bin Rashid Rd(E11) and provides easy access to any part of the city of Abu Dhabi.

Abu Dhabi International Airport is a 15-minute drive away and it takes approximately 1.5 hours to reach the neighbouring emirate of Dubai.

The Mangrove National Park nature reserve is a 20-minute drive away, where you can see animals and birds in their natural habitat.

Al Forsan International Sports Resort is about 10-15 minutes’ away by car or by public transport. There are a variety of recreational activities for all tastes here, including equestrianism, fitness, shooting range, water sports, go-karting and tennis.

The Abu Dhabi Golf Club is also closeby to the villa complex.

The large shopping center of Yas Mall is located 10-15 minutes’ away where there are hundreds of retail stores, food courts, a cinema and a children’s entertainment center.

Maple Bear Nursery is situated inside the community, as well as several supermarkets, cafes, beauty salons, and a modern equipped fitness center on-site.

Medical clinics including NMC Health Center and Mafraq Hospital are a 10-minute drive away.

Public schools like Amity International School Abu Dhabi and Sabis International School are both 10-15 minutes away.

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Payback

The ROI for this type of project is 7.1% with the average cost of a long-term villa rental with two bedrooms is AED 75,000 (USD 20,350) a year.

*The price is valid for 2021

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