Properties for Sale in Al Reem Island
Al Reem Island Projects
About Al Reem Island
Overview of Al Reem Island
Al Reem Island, situated in the northeastern part of Abu Dhabi and just 600 meters from the mainland of the emirate, is a multifunctional and rapidly developing district. Its unique location near Saadiyat Island and Al Maryah Island offers a perfect blend of resort-style living with the conveniences of a large metropolis. The area boasts a well-developed social and entertainment infrastructure, including banks and commercial facilities, making it a vibrant and comfortable place to live.
As one of the first freehold areas in Abu Dhabi, Al Reem Island has attracted significant investments for its development. The main developer, Aldar Properties, has introduced a diverse range of real estate on the island, from high-rise complexes with studios and apartments to townhouses and villas on the coast. The district features modern architectural styles with exceptions of classic Moroccan and Spanish styles for some villas.
Trends and Real Estate Values on Al Reem Island
Among the most popular projects on Al Reem Island are the Shams community with variously sized apartments, the Marina Square complex on the waterfront with diverse residences, and the City of Lights community with apartments and offices. These projects attract both UAE residents and foreign investors due to their prestigious locations and high quality of life.
Al Reem Island offers a high return on investment, particularly for studios, which yield a profitability of 8.4%. Apartments with 1 or 2 bedrooms also represent a lucrative investment opportunity with a return of 7.2% and 6.7% respectively. Income from villas and townhouses ranges from 5.1% to 6.7% annually, making Al Reem Island an attractive choice for long-term investments and comfortable living.