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Azure Al Reem

License number: 202302934469

About the project

Azure Al Reem residential complex is located on the island of Al Reem and is part of the Shams community. The gorgeous development is about 600 meters from the coast of Abu Dhabi.

The complex is a modern high-rise residential tower with 1 and 2 bedroom apartments and penthouses. The project is owned by Masaood Developments and construction was completed in 2019.

Azure Al Reem

Azure Al Reem offers a number of amenities. These include:

  • A private pool
  • A fully equipped gym
  • A children’s pool and a shaded playground
  • BBQ areas
  • Picnic areas and a garden

The building has underground parking, as well as separate parking for bicycles.
The complex also has 24-hour security and video surveillance with 24/7 concierge services available to all residents. Each residence is also equipped with a Smart Home system for the ease of tenants and residents.

The area of the apartments varies from 90 sq. m to 130 sq. m (968 sq. ft-1399 sq. ft). The layout of units includes bathrooms with modern fixtures and fittings, a fully equipped kitchen, dining area, guest room and a living room. The apartments have built-in closets, large balconies, panoramic windows and a terrace.

Apartments in Azure Al Reem cost around AED 70,000 (USD 20,000) per year to rent.

*The price is valid for 2021

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Location

All the necessary infrastructure is located close to Azure Al Reem and the road access to the area is excellent. The airport is 20 minutes’ away by either private or public transport.

There are three supermarkets within a 2-minute walk of the development, of which two are Almaya and Lulu Fresh Market.

The Shams community has landscaped parks for walking and takes around 15 minutes’ to walk to the nearest beach.

Al Reem Island has two stadiums for soccer fans – Koora Sports and Najmat Football. They are both a 5-minute drive away.

The nearest schools and educational centers are a 15 to 20 minute drive away, with the most popular ones being Repton School and International Community Schools Branch 1.

Mosaic Nursery is nearby and available for young children in the community.

Al Reem Island also has medical facilities of various orientations. The nearest ones are Barjeel Day or Reem Hospital.

You can spend your leisure time visiting the famous amusement park; Ferrari World with its well-known race track, as well as visit the major shopping and entertainment center of Abu Dhabi Mall.

Payback

Owners can receive a net profit from the rental of apartments or from the subsequent resale of property in Azure. Those wishing to purchase housing are guaranteed a good return on investment. Return on investment in real estate in Azure Al Reem is approximately 5% per annum.

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