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Reem Diamond

Reem Diamond
License number: 202302934469

About Reem Diamond

Ask for Price Starting Price from
1-3BR Available Units
850 Area from
(sq. ft.)
2014 Handover

Reem Diamond is a 12-storey apartment complex located on Al Reem Island in Abu Dhabi. Construction on the building began in 2012 and was completed in 2014.

There are a total of 48 apartments available to buy and rent. Properties include one- to three-bedroom apartments featuring balconies, functional layouts, modern finishes, built-in closets, closed kitchens, separate dining rooms, and bedrooms with en-suite bathrooms. Three-bedroom apartments also have staff accommodations.

The complex provides a variety of amenities, including:

  • Underground parking for 62 vehicles
  • Landscaped rooftop area
  • Swimming pool
  • 24-hour security with video surveillance
  • Maintenance services
  • High-speed elevators
  • Air conditioning (extra charge)
  • Lobby
  • 24-hour concierge services
  • Equipped gym

One-bedroom apartments have a minimum size of 79 sq. m (850 sq. ft.).

For pricing information, please contact Metropolitan Premium Properties.

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Property Information

Location

Reem Diamond is located next to Al Rayfah Street and Al’Oud Street, which offer easy access to the business and cultural centres throughout Abu Dhabi.

The Abu Dhabi Central Bus Station is situated within a 15-minute drive of the complex. The Al ʹOud Street bus stop, near Gate Towers, can be reached within a five-minute walk. Shams Boutik and Waitrose are also located within a five-minute walk.

For medical services, Reem Hospital can be reached within a 15-minute walk of the residences, and Sorbonne University is situated within a four-minute drive.

Residents can take advantage of local educational facilities. There is a school on Unnamed Road, which can be reached within 14 minutes of the complex. Abu Dhabi Women’s College and GEMS World Academy are situated within a 10-minute drive.

Founded in the 18th-century, Qasr Al Hosn, the former residence of the ruling family of Abu Dhabi, can be reached within a 15-minute drive of the complex. Visitors can attend daily events, such as guard marches and falcon shows. Najmat Football is located within a five-minute drive, and Al Fay Park and Reem Central Park can be reached within a 15-minute walk. BLS International Spain Visa Application Centre is situated within a five-minute drive.

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Payback

Residential real estate on Al Reem Island is popular among families who want to settle in a quiet neighbourhood with plenty of social and cultural facilities. For several years, this area has been one of the most popular locations for rental properties in Abu Dhabi. In addition, Al Reem Island is one of the few areas where freehold properties are available. Apartments on the Island have a return on investment rate of 6.52%, per annum.

The most popular units at Reem Diamond are the one-bedroom apartments, which have an annual rental rate of AED 70,000 (USD 19,000).

*The price is valid for 2021

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