Marina Bay
Buying Property in Marina Bay
Marina Bay By DAMAC, Al Reem Island
Listing by
Palwasha Gul Manan
Marina Bay by DAMAC, Al Reem IslandListing by
Palwasha Gul Manan
Marina Bay by DAMAC, Al Reem Island
Listing by
Amani Mufadi Abed AlHelo
Marina Bay by DAMAC, Al Reem Island
Listing by
Mustafa Alshami
Marina Bay by DAMAC, Al Reem IslandListing by
Mustafa Alshami
Marina Bay by DAMAC, Al Reem IslandListing by
Amani Mufadi Abed AlHelo
Marina Bay by DAMAC, Al Reem IslandListing by
Amani Mufadi Abed AlHelo
Marina Bay by DAMAC, Al Reem IslandListing by
Amani Mufadi Abed AlHelo
Marina Bay by DAMAC, Al Reem IslandListing by
Amani Mufadi Abed AlHelo
About the project
Marina Bay is a hotel complex with both townhouses and apartments with 1-3 bedrooms. The complex is located on Al Reem Island in Abu Dhabi and is a multifunctional 25-storey building overlooking the waterfront and the canal. The developer of the project is Damac Properties.
On the first floor of the building are retail spaces and a lobby, with the following amenities available to the tenants within the complex:
- Concierge services
- A modern fitness room
- Sauna, Jacuzzi, spa and pool
- Games room with billiards, tennis tables, foosball and other entertainment
- Children’s playroom
- Multi-level parking
- 24 hour security with video surveillance system
All apartments have double-glazed windows and kitchens are equipped with built-in cabinets, countertops, a refrigerator, stove and a cooker hood. A washing machine and dryer is also provided within each residence.
Apartments in the Marina Bay range in size from 510 sq. ft to 1,663 sq. ft (47 sq. m-154 sq. m). Property prices start from AED 450,000 (USD 122,500) and go up to AED 2,200,000 (USD 599,000) depending on the number of bedrooms.
*The price is valid for 2021
Location
Marina Bay Hotel Complex is located within the Najmat Community on Al Reem Island. This island is located 600 meters from the north-west coast of Abu Dhabi and houses many residential and commercial properties, as well as schools, hotels, parks, etc.
The area provides a good public transportation system as bus stops are within walking distance of the complex. In 15 minutes’ you can reach the city center.
Shams Boutique and Galleria shopping centers are 10-15 minutes’ from the apartments.
Just 15 minutes’ from Marina Bay are several world-class medical facilities, including NMC Specialty Hospital and Cleveland Clinic.
Al Reem Island is home to many nurseries and schools such as Mosaic Nursery, Hummingbird Nursery, Playhouse Nursery and Repton School. In the central part of the island there is also the Paris-Sorbonne University.
Payback
Real estate on the island of Al Reem today is considered one of the best options for buying and renting. The most profitable options are considered to be apartments with one bedroom. Rental prices start from AED 42,000 (USD 11,500) and reach AED 115,000 (USD 31,300). Owners of apartments in Marina Bay can expect a profit margin of 5-9%.
*The price is valid for 2021
Similar Projects
Metropolitan Premium Properties
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[email protected] -
+971 58 557 7888 -
Office 706, 707. Danet.
Guardian Towers. Abu Dhabi
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