Leonardo Residence is a six-storey residential complex located in Masdar City, one of Abu Dhabi’s most eco-friendly and technologically advanced areas. The project was implemented by Reportage Real Estate, a well-known developer in the UAE.
There are a total of 175 residential units, including studios and one- to three-bedroom apartments that are available to buy and rent. Studios range in size from 380 sq. ft. to 450 sq. ft. and have a minimum price of AED 475,000 (USD 130,000). One-bedroom apartments have a minimum price of AED 780,000 (USD 213,000). Two-bedroom apartments have a standard size of 1,280 sq. ft. and an average price of AED 1,200,000 (USD 328,000), and three-bedroom apartments cover an area of 2,195 sq. ft. and have a price of AED 2,300,000 (USD 628,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
Leonardo Residence is located in Masdar City. The nearest public transportation stops are situated within a five-minute walk of the complex. However, residents prefer to travel around using personal vehicles. Abu Dhabi International Airport can be reached within a 10-minute drive.
For groceries and household goods, residents can shop at Waitrose Supermarket, Souq Planet, Carrefour, and Spinneys, which are located within a five-minute drive of apartments. Residents can choose from a selection of local restaurants and cafes. Sumo Sushi & Bento, a restaurant serving Japanese cuisine, and Al Tabaq Al Hijazi, a restaurant serving traditional Arabic specialities, are situated within a 10-minute drive.
Residents can take advantage of nearby educational institutions. The Ryan International School can be reached within a 10-minute drive of the residences. For medical care, residents can go to the Doctors Medical Centre, which can also be reached within a 10-minute drive.
The complex is located within a 15-minute drive of many popular attractions, including:
Real estate in Leonardo Residence generates a lot of interest among investors due to its high return on investment rates. Three-bedroom apartments have a return rate of 6.2%, and one-bedroom apartments have a return rate of 8.1%. If current trends continue, the estimated payback period on investments ranges from 12 to 15 years.
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