Apartment for sale in City of Lights, Al Reem Island

Sale Price: AED600,000

City of Lights, Abu Dhabi

Apartment
-- Bed(s)
1 Bath(s)
Available

 
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Street Address

City of Lights, Abu Dhabi

Property description

Description:

The project comprises six towers of 24 - 29 - stores each. The towers are built on a five stores mixed - use podium, housing all the facilities associated with a modern luxury living environment. Phase 1 containing buildings C4, C5,C6 is ready to be handed over in the first quarter of 2015 and will comprise all residential ranges studio, one, two, two bedroom and as well as luxury serviced apartments, with one car parking allocated for each and stunning views overlooking either the mangrove , sea or community of City of Lights.
Spacious Al Reem Island apartment with amazing sea views & mango tree island views; beautiful built-in black marble kitchen breakfast bar & cabinets; central A/C; swimming pool, gym, steam room, sauna & Jacuzzi hot tub spa; free underground parking; 24 hour security, maintenance & property management
Great investment opportunity with one of the highest profit yields in UAE
- Al Reem studio sale prices projected to be over 1 million AED within 1 year
- Resale profit margins per unit showing increases of at least 200,000-300,000 AED yearly
- Perfect for leasing out to renters- Stunning views of the sea overlooking Al Reem Island & the mango trees
- Close to prestigious Cleveland Hospital, Paris Sorbonne University & Burjeel Hospital
- Close to Boutik Mall, Galleria Mall, Abu Dhabi Mall & Al Wahda Mall
- Located just 20 minutes from the Abu Dhabi Airport; 1 km from the city center, 5 minutes from the Dubai freeway

Property Features :

  • Size: 423.00 SqFt
  • Bedrooms: Studio
  • Bathrooms: 1
  • Price / SqFt: 1418 AED
  • Property Reference: lcre-p-10929
  • Developer: Hydra Properties
  • Amenities: Central A/C & Heating , Shared Pool , Shared Gym , Security , Covered Parking , View of Water , View of Landmark