Onyx Tower
About Onyx Tower
Onyx Tower is a multi-storey residential complex located on Al Reem Island in Abu Dhabi. The tower has a glass facade, and properties including one- to four-bedroom apartments and penthouses. Units feature large windows with stunning views of the nearby canal and marina.
Apartments are equipped with modern conveniences, and they were constructed using high-quality materials. Units have bright spacious rooms, furnished kitchens, bathrooms, and interiors that feature a laconic European-inspired design.
The project was developed by Sorouh Real Estate Development PJSC. The building offers a wide range of apartments that vary in size and configuration, and penthouses are situated on the top floor. Residents can enjoy a variety of amenities, including:
- Swimming pool
- Covered parking
- Children’s playground
- Fitness centre with 24-hour access
- Recreation areas
- Barbecue areas
The cost of renting a one-bedroom apartment starts at USD 12,250 (AED 45,000), per year, and two-bedroom units have a starting price of USD 13,340 (AED 60,000), per year. Three-bedroom apartments have a starting price of USD 25,310 (AED 93,000), per year, and four-bedroom units have a starting price of USD 60,165 (AED 221,000), per year.
The annual rental rate for a penthouse ranges from USD 40,840 (AED 150,000) to USD 82,000 (AED 300,000).
*The price is valid for 2021
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Property Information
- Location Al Reem Island, Abu-Dhabi, UAE
- Status of Project Ready
- Type of Project Residential Tower
- Units 1-4BR Apartments
Location
Onyx Tower is located on Al Reem Island, one of the fastest-growing areas of Abu Dhabi. The island is located 600 metres from the northeastern coast of the emirate.
Residents can take advantage of a nearby promenade with pedestrian walkways, cafes, restaurants, commercial centres, and trendy boutiques.
Reem Central Park can be reached within a short drive of the complex and features one km of green space. Residents can access sandy beaches within a 20-minute drive of the tower. The centre of Abu Dhabi is located within a 30-minute drive, and Dubai can be reached within a two-hour drive. The island is connected to the centre of the capital by two expressways. Residents typically travel by personal car, public bus, and cab.
The tower is situated within a 15-minute drive of several popular destinations, including:
- Shopping Malls – Reem Mall, Shams BOUTIK Mall, and Galleria Mall
- Supermarkets – Geant, Carrefour, Waitrose, Al Maya, and Zoom
- Mosques and temples – Al-Aziz and St. Joseph’s Cathedral
- Schools and Nurseries – Hummingbird Nursery, Repton School, Playhouse Nursery, and Mosaic Nursery
- Restaurants: Buffalo Wings and Rings, Pizza Express, Super Poke, Doppio Cafe, the Kettle Corner, Smoking Doll, and Popeyes
- Private clinics and public hospitals
Payback
Onyx Tower is an ideal place to live for families with children. Al Reem Island has become one of the most popular areas in Abu Dhabi due to its well-developed infrastructure and stunning views of the bay. Properties attract investors from around the world.
The average annual return on investment rate for a one-bedroom apartment on the island is 7.2%. Two-bedroom apartments have a return rate of 6.6%, and four-bedroom apartments have a return rate of 5.2%.
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Metropolitan Premium Properties
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+971 58 557 7888 -
Office 706, 707. Danet.
Guardian Towers. Abu Dhabi
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