About the project
Companies involved in the development of the residential project are 3AM Properties Investment CO., Tamouh Investment LCC and Etan Engineering Consult. The construction of the Leaf Tower started in 2011 and was completed by 2018.
The 748-ft building has a total number of 59 floors, with two basement floors, a ground level, a five-storey podium and 51 residential floors. The office lobby is situated on the podium level, and on the sixth floor of the building, which is also the roof of the podium, residents can find a stunning landscaped area with an international sized tennis court, a fountain and a pool area, which include a splash pool for children and a large pool for adults, connected to a jacuzzi on one side. Several restaurants are also located on the sixth and seventh levels of Leaf Tower.
The development offers 1 and 2-bedroom apartments with freehold ownership, which begin from the 8th to 30th storey. The total number of residences in the building constitutes 396 and all properties have a maid’s room. Residential units in Leaf Tower range in size from 968 sq. ft to 1,452 sq. ft.
Office floors in Leaf Tower are situated from levels 32 to level 56. There are about 12 offices on each commercial floor and the office areas vary from 1,009 sq. ft to 4,251 sq. ft. There are two separate lobbies in the building, which provide separate entrances for residences and office tenants..
Amenities of Leaf Tower comprise a jacuzzi, a children’s playground, a table tennis court, fitness club, male and female prayer rooms, high-speed elevators and a round-the-clock security service. A health club with a gym is also located on the 57th level. Parking within the building can accommodate 2,790 cars with each unit in Leaf Tower having at least one parking space.
The Leaf Tower project has a strategic location on a popular destination in the emirate called Al Reem Island. The complex is situated in the Tamouh area, which is the biggest independent developing district that covers the western, eastern and central parts of Al Reem Island. The development of the area is still ongoing, but the necessary infrastructure is within reach of the building.
Within 10-15 minutes walking distance from Leaf Tower are the following amenities:
- Galleria Mall
- Cleveland Clinic Abu Dhabi
- Koora Sports football field
- ACTIVE Al Maryah Island Sports & Recreation
- Royal Orchid Thai & Chinese Restaurant
Supermarkets that are in close proximity to Leaf Tower include Al Maya Supermarket, Waitrose, ZOOM and Carrefour Market. The nearest pharmacies are located in Paragon Bay Mall and The Galleria Mall.
There are several educational facilities for different age groups near the residential building. The best of them include Repton School - Rose Campus, Hummingbird Nursery, Mosaic Nursery and Playhouse Nursery.
The mixed-use complex has easy access to the city center of Abu Dhabi due to its location next to the Zayed the First Street bridge. Bus stations within walking distance include Al Maryah St / Al Rami St 1 and Hazzaʹ Bin Zayed St / Al Maryah St and travel time to Abu Dhabi International Airport will take about 45-50 minutes.
The area of the building is one of the fastest-developing communities in Abu Dhabi, Al Reem Island, and provides residents of Leaf Tower with fast access to key landmarks and the well-developed infrastructure of the area. For example, one of the biggest mosques in Abu Dhabi, Al Aziz Mosque, is situated here, which has a capacity of over 2,500 worshippers and can be reached in less than a 10-minute drive.
The development of Al Reem Island continues to evolve, and new infrastructure facilities and residential buildings are expected in the future. For example, a few days ago a couple of new residential projects Reem Five and Reem Nine were launched by SAAS Properties on Al Reem Island.
Leaf Tower is a unique development due to the location of the residential units which are within close proximity to the surrounding office blocks. Real estate in the project is a profitable investment because investors can rent out the properties and get a high return on investment. The starting price of a 1-bedroom apartment for rent in Leaf Tower constitutes AED 60,000 (USD 16,000) per year. Considering the approximate price for the purchase of 1-bedroom apartments on Al Reem Island, which is AED 570,000 (USD 155,000), ROI will constitute about 10%.
Investors also can purchase commercial property in Leaf Tower for its further rental. The minimum price for office space to rent in the complex is approximately AED 1,152,000 (USD 314,000) per annum. The starting price of commercial office space for sale in Leaf Tower is AED 3,800,000 (USD 1,035,000). The average payback time of the office in the complex is 3 years.
Specialists of Metropolitan Capital Real Estate Company will be glad to help you choose, purchase and lease a property in the Leaf Tower project. Our team of luxury property experts have years of experience in handling real estate so our clients can be confident in our expert ability to help them. In addition, we are an award-winning company, which has access to over 20 banks and lending institutions in the UAE, in which our brokers can help you to get an optimal mortgage solution for your needs at any time.