Najmat Tower C1 is a modern residential complex located on Al Reem Island in the eastern part of Abu Dhabi. The project was developed by Reem Developers and is part of the Najmat community.
The complex provides a variety of amenities, including:
There are retail stores, cafeterias, supermarkets, and entertainment facilities situated on the first floor of the building.
Properties include one- to three-bedroom apartments that vary in size and configuration. Apartments have a minimum size of 79 sq. m (850 sq. ft), and prices start at AED 850,000 (USD 229,500).
*The price is valid for 2021
In addition to the onsite grocery store, residents can do their shopping at ZOOM, Carrefour Market, Waitrose, Al Madeena, and Bite Super Market, which are situated within walking distance of the complex. Reem Mall, Galleria Mall, and Shams BOUTIK Mall can be reached within a 10-minute drive.
Residents can enjoy several local restaurants, which serve a wide variety of cuisines, including South Chinese, Indian, and European. Buffalo Wings and Rings, Natural Kitchen, Popeyes, Johnny Rockets, and Doner & Gyros are a few of the area’s most popular dining establishments.
For medical services, residents can go to Cleveland Clinic and NMC Specialty Hospital.
Reem Central Park is situated near the complex and boasts a large number of recreation areas.
The complex is located in a community with convenient transportation accessibility. There are two local bus stations that provide routes to the city. Additionally, there are two freeways that provide access to the mainland. The community has plans to improve its highway interchange and public transportation network.
Najmat Tower C1 offers many profitable investment opportunities. Annual rental rates for a one-bedroom apartment start at AED 63,000 (USD 17,000). Units have a return on investment rate of 7.4%, which allows for a payback period that ranges from 14 to 15 years.
Apartments with two levels have a lower return rate that ranges from 4.9% to 6.2%.
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!