By The Sea Tower
About By The Sea Tower
The development is not only surrounded by the ultimate F&B venues and shopping destinations, but also contains a range of well-chosen amenities for recreation and leisure. That being said, homeowners of By The Sea Tower can benefit from full access to a gym and an outdoor swimming pool. The stunning mid-rise tower also provides private residential parking and 24-hour security for the utmost comfort of its residents.
The By The Sea Tower boasts a convenient location right next to Al Shematri St, Al Shifa Bint Abdullah St and Al 'Oud St, which facilitates an easy commute around the rest of the city. Moreover, there are several bus links in the immediate vicinity of the development, such as Al 'Oud St/Union National Bank and Al 'Oud St/Beach Towers, among others. With that in mind, potential real estate investors will be keen to learn that it takes about 30 minutes' to reach the mainland of Abu Dhabi and Abu Dhabi International Airport.
For daily/weekly grocery shopping, there are several supermarkets to be found within the immediate vicinity of the tower, including Salla Supermarket and Daily Mini Mart Food, among others. On top of that, potential real estate buyers with children will be keen to learn that By The Sea Tower is in close proximity to well-reputed academic institutions, such as Hummingbird Nursery Abu Dhabi and Repton School – Rose Campus, both a 15 minute drive away. It takes about the same amount of time to reach Reem Hospital and Burjeel Day Surgery Center, which offer a wide range of professional medical services.
Not forgetting Reem Central Park which is a stone's throw away and offers plenty of leisure options to visitors of all ages. In fact, it houses an array of al fresco dining venues, fountain features and children's playgrounds, overlooking the luscious mangroves. To bolster a healthy lifestyle in Abu Dhabi, there are also pedestrian and cyclist paths, a skateboard park and 4 multi-sports courts.
The By The Sea Tower was successfully completed in Q4 2020, which means once you have acquired an apartment in this development, you can move in at once, or lease it and start generating income. That being said, the starting rental price for 1-bedroom apartments in similar projects nearby, such as The Bridges by Aldar Properties, amounts to AED 45K (USD 12.2K) per annum. According to Bayut & dubizzle, Al Reem Island was one of the top most popular areas in 2021, with a 6.64% ROI, which ensures lucrative long-term rental yields.
One of the most attractive benefits of owning an apartment in By The Sea Tower is its easy access to Reem Mall, which is a 20-minute walk away. Scheduled to open in 2022, the first omnichannel mall in the world will feature more than 450 high-end retail stores and 85 cafes and restaurants. In addition, Snow Abu Dhabi, one of the world's biggest snow parks, will also be located within Reem Mall, with a total of 13 exciting attractions and rides.
Also, we invite you to read our article, why the purchase of real estate Abu Dhabi acts as one of the best options for investment in 2022.