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Horizon Towers

License number: 202302934469

About Horizon Towers

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1-4BR Available Units
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(sq. ft.)
2018 Handover

Horizon Towers is a residential complex located in the City of Lights area of Al Reem Island. The project was developed by Tamouh Investments LLC and completed in 2018. Its towers are situated on a canal, and panoramic windows offer stunning views of the water and island.

Properties include one- to four-bedroom apartments. The units in Horizon Towers A range in size from 705 sq. ft. (65 sq. m) to 3,484 sq. ft. (324 sq. m), and apartments in Horizon Towers B range in size from 736 sq. ft. (68 sq. m) to 2,306 sq. ft. (214 sq. m). Residences are fully finished using light colours and have balconies.

Horizon Tower A has 57 floors, and Tower B has 38 floors. The buildings are united by a common podium with several businesses, such as Grandiose Supermarket, Liverpool Nursery, Kozma Curl Salon, Illuminations Well-Being Centre, and Horizons Pharmacy.

The complex provides a variety of amenities and services, including:

  • Children’s playground
  • Swimming pools for adults and children
  • Central air conditioning
  • Pet-friendly accommodations
  • Concierge services
  • Security with video surveillance
  • Gym
  • Covered parking

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Property Information

Location

Horizon Towers is located at the intersection of Al Reem Street and Al ‘Oud Street on Al Reem Island. This part of Abu Dhabi is well-developed and offers quick access to important locations throughout the emirate.

The Al Reem Street/Al Zawi Street bus stop and Al Fay Park are situated within a five-minute walk of the buildings. Repton School – Fry Campus, Burjeel Day Surgery Centre Clinic, Shams Boutik, Reem Mall, the Chippy Cafe, and Johnny Rockets can be reached within a 10-minute walk.

The complex is located within a short drive of several popular destinations, including:

  • Sorbonne University Abu Dhabi – 5 minutes
  • Al Reem Island Central Park – 10 minutes
  • Cove Beach and Abu Dhabi Beach – 15 minutes
  • Abu Dhabi Cultural District – 15 minutes
  • Mushrif Mall – 15 minutes
  • Zayed Military Hospital – 15 minutes
  • Sheikh Zayed Mosque – 20 minutes
  • Abu Dhabi City Golf Club – 20 minutes
  • Abu Dhabi International Airport – 30 minutes
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Payback

Horizon Towers offers apartments that are suitable for tourists, professionals, and families with children. The Al Reem Island area is well-developed and offers a tranquil waterfront living environment, which attracts investors and long-term tenants.

The return on investment rate for a property in the area is approximately 6.7%. The annual rental rate for a property in Horizon Tower A ranges from AED 49,000 (USD 13,000) to AED 160,000 (USD 44,000), and the annual rental rate for a unit in Horizon Tower B ranges from AED 48,000 (USD 13,000) to AED 115,000 (USD 31,000).

*The price is valid for 2021

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