Renad Tower
About Renad Tower
Buy Property in Renad Tower
Renad Tower, Al Reem Island
Listing by
Naile Bregasi
Renad Tower is a 37-floor residential complex by the Tiger Group developer on Al Reem Island, which has an estimated date of handover expected to be in Q4 2026.
Properties in the development are presented by 1–3 bedroom apartments, and come fully-furnished and styled in bright colours. The layouts of residences include balconies, which will open out onto views of the emirate, as well as panoramic windows that will allow residences to be filled with an abundance of natural light throughout the day.
Property owners in Renad Tower will have access to a gym, children’s playground, BBQ zone, outdoor pool, lobby and parking.
Property prices
The initial price for an apartment in Renad Tower constitutes AED 899K (USD 245K), and potential buyers can use a convenient 80/20 payment plan, with a down payment of 10%.
*The price is valid for 2023
Property Information
- Location Al Reem Island, Abu-Dhabi, UAE
- Developer Tiger Group
- Status of Project In progress
- Type of Project Residential Building
- Units 1-3BR Apartments
- Payment Plan 80/20
Floor Plans of Renad Tower
Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
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| 1 Bedroom | Apartment | Ask for Price | ||
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| 2 Bedrooms | Apartment | Ask for Price | ||
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| 3 Bedrooms | Apartment | Ask for Price |
Location
Renad Tower is located on Al Reem Island, near Al Maryah Island, which means you can easily reach popular areas in and around the emirate from the complex. The mainland of Abu Dhabi and Saadiyat Island can be reached within 15 minutes’ by car, while Yas Island and Abu Dhabi International Airport are 30 minutes’ away.
There is a well-developed infrastructure on Al Reem Island and the neighbouring districts. Playhouse Nursery on Al Reem Island, Redwood Montessori Nursery — Arc Tower, Repton School — Fry Campus, Repton School — Rose Campus and Sorbonne University Abu Dhabi can all be reached within a 10-minute drive from the Renad Tower development. At the same time, you can reach Cleveland Clinic Abu Dhabi, Reem Hospital and Burjeel Day Surgery Center.
Travel time to The Galleria Al Maryah Island, which is home to boutiques from famous luxury brands, including Gucci, Bottega Veneta, Louis Vuitton, Cartier, Prada, Valentino and CHANEL, takes less than a 5-minute drive to get to. Reem Mall, where you can find stores, restaurants and the Snow Abu Dhabi entertainment destination, can be reached within 10 minutes’ by car.
Economic attractiveness
The Renad Tower residential complex is suited to those who appreciate a prestigious lifestyle in the vibrant area of Al Reem Island. The project is oriented towards families with children due to its spacious layouts, as well as amenities for all age groups to enjoy within the complex’s territory and beyond. Renad Tower is also a comfortable place for working professionals, because you can quickly get to the local business centres and offices from the building.
Purchasing apartments in the complex is a lucrative investment, as owners can lease their real estate. Al Reem Island was the most in-demand district for property rental in H1 2023. The average cost of a 1-bedroom apartment for rent in the area is AED 57K (USD 16K) per annum, and the estimated ROI constitutes 5.2%, as of Q3 2023.
*The price is valid for 2023
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