Parkside A by Al Markaz Development

About the project

The residential project of Parkside A is located on Al Reem Island. The development is part of Parkside Residence, which consists of two 17-storey twin towers by the name of  Parkside A and Parkside B. Both residential buildings are connected to each other and offer apartments with 1–3 bedroom layouts, ranging in size from 700 sq. ft to 1,550 sq. ft. The developer of Parkside Residence is Al Markaz Development, which is part of Al Markaz Group. 

Parkside A is the first residential project of the company, however it has been completed at the highest standards. The one-bedroom apartments boast an en-suite bathroom, a fully equipped open-plan kitchen, and living and dining areas, in addition to a balcony. At the same time, the two-bedroom apartments are available with closed and open kitchen options and include a guest bathroom, a large balcony, as well as a dining and living area. The three-bedroom properties include guest and en-suite bathrooms, dining and guest areas, and a fully equipped kitchen. Not forgetting a number of layouts that include a maid's room to ensure the maximum comfort of the occupants.

Key advantages

The residents of the complex can enjoy a swimming pool, a sauna, a gym, a rooftop garden with a barbecue area, as well as a playground and a children's pool. Parkside A also has central air conditioning and 24-hour security and concierge services. In addition to the above, the project has EV chargers, parking for visitors, and residents' parking (1 space for the owners of the 1–2 bedroom apartments and 2 spaces for the 3-bedroom residences).

Infrastructure

Parkside A occupants can shop at numerous stores and supermarkets, the nearest of which include Carrefour Market, Boom Mini Market and Mangrove Mini Market. More shopping options can be found in Shams Boutique, which is reachable in a 10-minute walk, and Reem Mall, located 5 minutes’ away by car. 

There are several restaurants within close proximity to Parkside A, including Eat & Drink Restaurant, RNO Burgers, Arabisk Restaurant & Cafe, Santorini Cafe.

It is worth mentioning that Al Reem Island is also home to an array of well-established schools and nurseries, including Redwood Montessori Nursery — Shams Boutik Reem Island, Hummingbird Nursery (Reem Island Branch) Abu Dhabi, Playhouse Nursery on Al Reem Island, Repton — Fry Campus and Sorbonne University Abu Dhabi. Several medical clinics are available within walking distance from Parkside A, including Burjeel Orthopedics and Sports Medicine Center, Reem Hospital and Via Medica International Healthcare LLC.

Residents of Parkside A will appreciate the proximity of Reem Beach and Shams coast east to spend a day near the sea. Reem Central Park, which features sports fields and playgrounds for children, can be reached in 10 minutes’ on foot.

Parkside A is located on Al Reem Island, which is a popular and rapidly developing area. The island is connected to the mainland by 2 bridges that allow quick connections to any spot within the emirate. Abu Dhabi Mall, which houses not only various boutiques, but also a cinema and a food court, is only 10-minutes’ drive away. 

Residents of the island can get around by public transport, as Abu Dhabi Bus Station is a 15-minute drive from Parkside Residence, and the E100 and E101 bus routes are connected to the mainland. The nearest bus stop is Al 'Oud St / Beach Towers.

Within a 30-minute drive, residents of Parkside Residences will be able to visit an extensive variety of recreational facilities on Yas Island, including Ferrari World Yas Island, Abu Dhabi, Yas Waterworld Abu Dhabi, SeaWorld Abu Dhabi. 

The main cultural hub of the emirate, Saadiyat Island, is about 20 minutes’ away from the complex. The area offers some world-famous museums and art galleries along with some of the best beaches in Abu Dhabi. 

Abu Dhabi International Airport is approximately a 30-minute drive from the residential complex.

Economic attractiveness 

Due to the developed social infrastructure, the large number of attractions and transport accessibility, real estate on Al Reem Island, where Parkside A is located, is a promising investment. It can offer everything for a comfortable life in a peaceful neighbourhood but with close proximity to the most sought-after locations of the capital.

Residential apartments in Parkside Residence are in demand among families with children, as well as professionals, foreign visitors who come for business purposes and tourists. If you are planning to buy a property for subsequent letting, you may be interested to know that the return on investment in the complex has reached 7.7% for one-bedroom apartments, as of Q3 2022. At the same time, the initial annual rental cost in Parkside Residence is AED 65K (USD 18K).