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One Reem Island

One Reem Island
License number: 202302934469
Project number: 2021/265990

About the Project

2,610,000 AED Starting Price from
62 Total Amount of Units
1,526 Area from
(sq. ft.)
2022 Q3 Handover

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One Reem Island is a new project by SAAS Properties that is known for its luxurious projects in premium locations around the region. The development will be located in the heart of Al Reem Island, Abu Dhabi and will be one of the best choices for those wanting to experience a beachfront lifestyle in the capital of the UAE but also be within close proximity to the city center.

One Reem Island offers 62 residential units such as 2-bedroom apartments with a living area from 1,526 sq.ft to 3,810 sq.ft, 3-bedroom apartments with a floorplan area of 2,291 sq.ft to 4,015 sq.ft, and 4-bedroom apartments with an area of 4,076 sq.ft to 4,735 sq.ft. Apart from residential units, investors might also be interested in five retail units located on the basement and ground floors of the building.

The exteriors of One Reem Island are designed in a traditional Arabic style, resembling the coastal villages of Abu Dhabi. Even though the building boasts luxurious modern interiors, it takes inspiration from its hereditary surroundings. Apartments are spacious and their interiors will be made with the thoughtful use of space and light. Each unit will also be provided with a balcony, and wide windows to allow natural light into the apartments to give an even bigger sense of space.

Residents will have the opportunity to relax in the infinity pool which will offer views of the gorgeous beach and Reem Island. If you are into sports, you will definitely appreciate the gym which has a panoramic view of the Arabian Gulf and will include a wide range of state-of-the-art fitness equipment. Right on the doorstep of the complex, one can find miles of beach where you can not only relax after a tiring day at work but also walk along with family and friends.

The building of One Reem Island will provide 141 parking spaces for residents, and storage spaces are also available for each apartment and will be located on the basement floor. A concierge team will be at your beck and call 24/7, offering the residents of One Reem Island assistance in their everyday needs.

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Location

Al Reem Island is one of the most popular areas for living and investment due to its location and connectivity to other parts of the emirate. The nearest bus station can be reached within a 5-minute walk where you can get to the city center in 55-minutes’ or in 15-minutes’ by car.

Among the nearby educational institutions for little ones are Mosaic Nursery and Belvedere British Nursery which are both located a 15-minute walk away. As for schools, parents may be interested in Repton School, which follows the British Curriculum and is located just a 20-minute walk from One Reem Island. Another option is the International Jubilee Private School which can be reached in a 10-minute drive.

Healthcare facilities for residents of One Reem Island are also very close, as those needing medical assistance can visit MediQ Healthcare & Clinic LLC that can be reached in a 5-minute drive, and is located right on the island. Residents can also visit HealthPlus Family Clinic and The British Clinic that are less than a 20-minute drive away.

Those living in One Reem Island can spend their weekends in Reem Central Park, which is located a 15-minute walk away. Here visitors can find recreational areas for children and adults, including a playground and a skate park. It’s the perfect place to practice sports or just walk along the beach or the canal. As for the nearest shopping centers, Shams Boutik Mall is the nearest option and can be reached in less than a 5-minute walk. You can also get to Abu Dhabi Mall in just 10 minutes’ by car, where you can find more than 200 boutiques.

Al Reem Island is known for its cafes and restaurants which creates its buzzing atmosphere. Among those next to One Reem Island are Smoking Doll at Shams Boutik Mall and First Clique Marina Square Café & Restaurant, which are all less than a 10-minute ride away.

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Economic Benefits

Abu Dhabi is the best place for investment due to its location, climate, high employment rate and many other reasons. Even though villas are in particularly high demand among investors, especially since the start of the COVID-19 pandemic, apartments are usually easier to rent out for both short-term and long-term periods of time, and might bring a higher income. In 2021 Al Reem Island became the most popular area among investors and end-users. And it’s predicted that the popularity of this beachfront development will grow. The ROI for apartments here varies from 6.20% to 7.5%. As of today, a 1-bedroom apartment on Al Reem Island can be rented out from AED 84,000 (USD 23,000) per year.

*The price is valid for 2022

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