The District

$
441056.00

City: Abu Dhabi

Area: Al Reem Island

Class: business

Number of building: 3

Area sq.m: 99 - 279

Finishing: fine

Parking: underground parking

Safety: security, video surveillance, closed territory, checkpoint

Cost of contract registration: 2%

Agreement: SPA

Visa: residential for 2 years, gold for 10 years

Readines: 2029

About the building
Facilities on the territory
Finishing
Payment system

About the building

The District is a residential complex with three 30-story towers, featuring penthouses and apartments with one to four bedrooms. The project also includes spacious four-bedroom townhouses. The buildings are constructed using monolithic technology with plastered facades and panoramic windows.

All residences are offered with a fine finish, equipped with kitchen units and built-in wardrobes. The buildings have both passenger and freight elevators, and a podium parking lot for cars. The infrastructure of the complex is designed with an emphasis on comfort and safety. There are swimming pools for adults and children, a modern gym and a play area for kids. The territory is closed to outsiders, there is 24-hour security and a video surveillance system. Access to the territory is through checkpoints. The podium part provides space for offices and commercial activities, and concierge services allow residents to solve everyday problems.

The complex is located on the picturesque Al Reem Island, surrounded by water and greenery. This is a multifunctional area with developed residential, commercial and tourist infrastructure. On the territory you can find schools, kindergartens, universities, medical centers, beaches, parks, restaurants and cafes. Reem Mall and Shams Boutik Mall shopping centers are just a five-minute drive away by transport, and the road to Saadiyat Island takes about 15 minutes. Zayed International Airport (AUH) is 25 minutes away. Al Reem Island has become one of the first places in Abu Dhabi with the right to freehold property, which significantly increases its attractiveness for investors.

The coastal lifestyle, developed infrastructure and a wide range of entertainment contribute to stable demand from tenants. The average income from renting out apartments with one to three bedrooms is from 6 to 8% per annum, and the profit from townhouses reaches 9%.

Facilities on the territory

  • swimming pools for adults and children
  • modern gym
  • play area for children

Finishing

  • floor: final finishing in accordance with the design project
  • walls: final finishing in accordance with the design project
  • ceiling: final finishing in accordance with the design project
  • electrical: sockets, switches
  • plumbing: sink, shower/bath, toilet, faucets
  • furniture: kitchen set, built-in wardrobes

Payment system

Three installment options:

  • Option 1:. 30/70 (5% discount)
  • Option 2:. 10/90
  • Option 3:. 20/80
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