Real estate in Marina Square

Marina Square is located at the intersection of Hazza 'Bin Zayed The First St and Al Matlaʹi St and has excellent transport accessibility. Nearby is the central part of Abu Dhabi, Al Maryah Island and Saadiyat Island. The road houses its own bus stops Hazzaʹ Bin Zayed St / Marina Square and Khor 'Azeez St / Marina Square, and also has the Helipad helipad. Due to good transport accessibility, you can reach the central part of the emirate in about 10 minutes and Abu Dhabi International Airport in 30 minutes.

Marina Square has an excellent social infrastructure as the area has a Playhouse Nursery on Al Reem Island, which operates under the UK EYFS (Early Years Foundation Stage) programme. This means that your child will have a comfortable environment for mental, physical and intellectual development. Within the same area is also a clinic for physiotherapy; Perfect Balance Rehabilitation Center, where you can undergo rehabilitation after a sports injury, sign up for a course of physiotherapy for women's health (preparation for pregnancy, childbirth and postpartum recovery) or enroll in physiotherapy for children with neurological, orthopedic and musculoskeletal diseases.

A special attraction of Marina Square is the Al Aziz Mosque, which has a capacity of 2,770 parishioners. The idea of the building, according to the architects, should fit into the appearance of the area, but at the same time become its decoration. A distinctive feature of the facade of the mosque is a special light reflection, where it is painted in different colours at different angles of reflection of the sun's rays. Al Aziz Mosque has been complemented by unique elements, such as the calligraphic Arabic letters on each panel, which are illuminated in the evening. There are also the supermarkets Carrefour Market Paragon Bay, ZOOM and Carrefour Market, National International Holding Bank, Bubble Care Express Laundry LLC Marina Square Bldg. 8 and Modern National Laundry. In addition, there are public car parks on the territory of the district, and for those who like to cycle, there are automatic bike rental stations scattered around the area as well. There are many cafes and restaurants, including First Clique Marina Square Café & Restaurant, PINSANITY – Reem Island and Oxid Cafe.

In the first half of 2021, Al Reem Island ranked first in terms of the value of real estate transactions in Abu Dhabi as property sales brought in USD 563 million (more than RUB 40,2 billion). Another important feature for foreign investors to consider is that Al Reem Island, where the Marina Square area is located, belongs to a special investment freehold zone, which allows foreign citizens to buy real estate with full ownership. According to Bayut, in Marina Square, 1-bedroom apartments are the most popular among investors, followed by 2-3-bedroom apartments, then studios and larger 4-5-bedroom properties. At the same time, studios and 1-bedroom apartments show the highest ROI – up to 7.7% ROI.

You can rent a 1-bedroom residence in Marina Square from AED 50,000 (USD 13,600) per year. There are also several office premises ranging from 1,238 to 1,938 sq.ft in the Tamouh Tower, which are available for rent at a price of AED 132,000 (USD 35,940) per year.

Offering a huge range of amenities, Marina Square is a great place to invest in Abu Dhabi real estate. The only drawback that can be noted is that while living here, residents may experience congestion on bridges during rush hour, as they connect Al Reem Island with the mainland of the emirate. But this can be observed only during certain periods of the day, otherwise, the movement usually remains smooth.

Many of the towers in Marina Square are popular due to their affordable purchase price, but still offer high-end amenities such as gyms, large swimming pools, children's playgrounds, 24-hour security, secure parking on the basement floor, and concierge services. Pets are also welcome in the resident buildings. As the apartments are sold unfurnished, you can furnish the interiors yourself, depending on your own design preferences and practical needs.

• Marina Heights. The 43-storey towers of Marina Heights I and II were built in 2011 by Profile Group Properties. A wide range of residences are available for buyers and tenants including studios, 1-3 bedroom apartments and 5 bedroom penthouses with private pools. The tower has a "Smart Home" system in each unit and houses an outdoor recreation area. In addition, there are only 6 residences per floor so residents have a little more space and privacy than they would have compared to other similar buildings. The selling price of a 1 bedroom apartment starts from AED 750,000 (USD 204,200) and for penthouses - from AED 6,000,000 (USD 1,635,000).

• Marina Blue Tower. A 51-storey residential tower built in 2012 by Green Emirates Properties. The residential complex offers a swimming pool and a gym, as well as a prayer area and a laundry room. Buyers are presented with apartments with 1-3 bedrooms and a penthouse ranging from 807 sq.ft to 3,498 sq.ft. The selling price of apartments here start from AED 950,000 (USD 259,000).

• MAG 5 Residences. 42-storey tower built-in 2014 by MAG Property Development. The residential building has all the basic amenities, from covered parking to a high-tech security system. The tower has a “Smart Home” system and a Health Club. Buyers are offered a choice of spacious 1-4 bedroom apartments. Prices for a 1,356 sq.ft 1 bedroom residence start at AED 1,207,500 (USD 329,000).

• Tala Tower. The 49-storey tower, created in 2011 by Aldar Properties provides itsresidents with world-class amenities including a spa, a women-only lounge, swimming pool, games and prayer rooms and a multi-functional event hall. There is a large selection of residences with 1-3 bedrooms available for sale and to rent. The price for a 926 sq.ft 1 bedroom apartment starts from AED 860,000 (USD 234 ,50).

• Rak Tower. The 43-storey tower was built by RAK Properties in 2011. For a comfortable and safe stay, high-speed elevators, a 24-hour front desk, fire safety systems, and laundry services have been implemented for the use of all residents. For buyers and tenants, there are 1, 2 and 3 bedroom apartments and penthouses with world-class amenities for sale and to rent. Prices for a 1,023 sq.ft 1 bedroom apartment start at AED 950,000 (USD 259,000).

• Burooj Views Tower is a 35-storey residential building from developer Burooj Properties. The complex includes 350 housing units, including 1 and 2 bedroom apartments. Residents of the complex will have access to a wide range of amenities and services, including a fitness area, adult and children's pool, and basketball and tennis courts, among others. The starting price of a 1-bedroom apartment is AED 800,000 (USD 218,000).

• Ocean Terrace Tower consists of 43 floors of residential real estate from the developer, Mismak Properties. Apartments with 1-3 bedrooms are available for purchase or lease starting from AED 800,000 (USD 218,000). The apartments in this complex are only partially furnished, which allows the owners to choose the design style and interiors for their future home. Amenities include indoor parking, a gym with a steam room and sauna and a swimming pool.

• Al Maha Tower is a multifunctional residential complex from the developer Tamouh Investments LLC. There are 428 units, including 1 and 2-bedroom apartments. All residences have spacious living rooms, combined with a dining area and access to a balcony. Amenities available to residents include stroller and bicycle storage, landscaped community gardens, and access to a swimming pool and a gym. Sale prices start from AED 850,000 (USD 231,450).

• Al Durrah Tower is a 42-storey residential building by Aabar Properties. The complex consists of two buildings with apartments of 1-4 bedrooms. The apartments have a beautiful view of the bay and the piers on one side, and the large marina on the other side. There are numerous facilities and services available for the maximum comfort of residents. In addition, 2-bedroom apartments can bring a maximum return on investment of 6.1%. The selling price for 2-bedroom units start from AED 1,900,000 (USD 517,300).