Najmat Residential Tower is an apartment complex located in Abu Dhabi’s coastal area of Al Reem Island. The development consists of two 29-storey towers that are united by a three-level podium. The project was developed by Mismak Properties and was fully completed in 2020.
Properties include one- to three-bedroom apartments and three-bedroom duplexes. Units range in size from 726 sq. ft. (67 sq. m) to 2,400 sq. ft. (223 sq. m). Interiors were designed using bright colours, and panoramic glazed windows provide the maximum amount of natural light.
Residents can enjoy a variety of amenities and services, including:
Najmat Residential Tower is located off Ahl Al Ikram Street on Al Reem Island. Residents have easy access to nearby parks, shops, and restaurants. The island is home to Repton Senior School and the Sorbonne University Abu Dhabi, which can be reached within a 10-minute drive of the towers.
The complex is situated near Bite Supermarket, Ama Fruity Supermarket, Vietnamese Pho Cafe, Rozana AlReem Restaurant, Posh Pets Boutique & Spa, a laundry service, and the Al Ghazal Street/Al ‘Oud Street bus stop. The Carrefour at the Reem Mall is located within a 15-minute walk of the residences.
The complex is situated within a short drive of several popular destinations, including:
Najmat Residential Tower is suitable for those wanting to live in a coastal area of the emirate. The complex is ideal for professionals and couples looking for long-term rental units. The community offers a wide selection of entertainment venues and recreation areas, which also attracts families with children to the tower.
Annual rental rates for a property in the complex ranges from AED 60,000 (USD 16,000) to AED 170,000 (USD 46,000). Real estate on Al Reem Island has a return on investment rate of 7.2%. The return rate for a one-bedroom apartment is 6.7%, and the return rate for a two- or three-bedroom apartment is 6.3%.
*The price is valid for 2021
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