RAK Tower by RAK Properties

RAK TOWER OFFERS LUXURY 1, 2 AND 3 BEDROOM APARTMENTS THAT OVERLOOK THE HIGH-PROFILE MARINA SQUARE COMMUNITY

ABOUT RAK TOWER

About RAK Tower

RAK Tower is a 43-storey residential complex located in Marina Square, which is one of the most exclusive coastal communities on Al Reem Island in Abu Dhabi. The initial handover date of the complex took place back in 2011, so the complex is an ideal real estate purchase for those looking to move in straight away or as an investment property. The developer of the Rak Tower complex, RAK Properties, is one of the leading developers in the UAE in the development of residential and tourist infrastructure.

Rak Tower has a total of 375 units, which include 1-3 bedroom apartments and 4 bedroom duplex penthouses. The 1-bedroom and 2-bedroom apartments have a standard layout, while the larger units have a 3+1 and 4+1 configuration. For the larger units, in addition to the guest bedroom and bathroom, the property also has a spacious living room with a dining area and a balcony, and either 2 or 3 additional bedrooms. Two and three-bedroom apartments also have an additional room with a bathroom for a maid. IAll 2-4 bedroom apartments have walk-in closets, an office area and a fully equipped open or closed kitchen. The properties available range in size from 958 sq.ft to 5,005 sq.ft The apartments also feature plenty of natural light and gorgeous views of Marina Square, the Arabian Gulf and part of Al Reem Island, thanks to its panoramic windows.

As well as the above, RAK Tower provides its residents with a tranquil yet cosmopolitan atmosphere in an eco-friendly environment and world-class modern amenities. Among the amenities in the building are:

  • Sauna and jacuzzi
  • Children's playground
  • Swimming pools for adults and children
  • Gym and fitness club
  • Tennis and squash courts
  • Pet-friendly accommodation
  • Parking spaces for all residents of the complex
  • Garden leisure area as well as a barbecue area
  • 24/7 reception, security and concierge service
  • High-speed lifts with constant maintenance

Starting from AED 900,000

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Property prices

The sale price of a 1-bedroom apartment in RAK Tower starts at AED 950,000 (USD 259,000).

The entry price for a 4-bedroom penthouse is from AED 5,000,000 (USD 1,361,000).

Please consider that since the RAK Tower complex has already been commissioned, there are a limited number of properties still available for purchase.

Rental prices in the building start from AED 55,000 (USD 15,000) a year and above.

Location

The RAK Tower is connected to the mainland of the emirate via Hazza' Bin Zayed Street, which provides access to central Abu Dhabi, within 15 minutes’ by car, while the journey via public transport takes around 1 hour. The Khor' Azeez St and Hazza' Bin Zayed St bus stops are just a 10-minute walk away, and so are the Carrefour Paragon Bay Supermarket, Retro Marina Gents Salon, Al Aziz Mosque, National International Holding Bank branch, Bshawarma and First Clique Marina Square Cafe & Restaurant.

The Marina Square area has a good social infrastructure, making it suitable for single professionals as well as couples with children to reside here. In the immediate vicinity is the Playhouse Nursery School and across the road is the University College with on-site student accommodation. Bus 63 provides access to Nord Anglia School (FCP5+7WH), Repton School Abu Dhabi, Mosaic Nursery, INSEAD Middle East Campus, Sorbonne University Abu Dhabi and GEMS World Academy. All of the mentioned schools can be reached within 25 minutes’ by bus route 63.

Reem Hospital and MediQ Healthcare & Clinic LLC are the best hospitals on the island and are less than 10 minutes away by car. There is also the Australian Veterinary Clinic to take care of your pets should they need medical attention.

Abu Dhabi Mall or Al Wahda Mall are 30 minutes away by bus (number 40 or 42). Louvre Abu Dhabi Museum, Marina Mall, Abu Dhabi Beach, Khalifa Park or Corniche Beach are all within a 20-minute drive.

It takes 35 minutes by car to reach Abu Dhabi International Airport and 20 minutes to reach Al Bateen Executive Regional Airport.

For recreation and entertainment, Marina Square community residents can visit places such as Dolphin Park, Mangrove National Park or Jubail Mangrove Park, which is the first park in Abu Dhabi that is self-contained educational, natural and recreational destination within a half-hour drive of the development. Each of these places offers engaging excursions and fun activities with family or friends.

Investment attractiveness

RAK Tower was successfully completed back in 2011, so all residences are ready for buyers to move in. They can be purchased for both commercial and residential purposes, as they benefit from excellent transport links, close proximity to iconic sightseeing attractions and there is a well-developed infrastructure in the vicinity. Located in a freehold zone, RAK Tower is able to attract not one, but several categories of potential tenants and homeowners, including foreign residents, representatives of business and industry, highly skilled migrant workers, families with children, and tourists.

For those looking to invest in RAK Tower, the best option is to own a 1-bedroom apartment as they provide a return on investment that can reach up to 8.9%. Other options for renting out properties can generate an income of 5-6%.

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