The Kite Residences by Aabar Properties

About the project

Located on the northeastern edge of the iconic Al Reem Island, The Kite Residences is a 29-storey residential building, which was developed by Aabar Properties. The development offers a total of 126 bespoke properties, including 2–4 bedroom apartments and penthouses. With living areas starting from 1,700 sq. ft, all residences offer spacious living and dining spaces, and there is also a maid’s room that is included in the majority of the properties. Potential real estate buyers will be keen to learn that the kitchens are fully-equipped with top-of-the-line appliances.

The upscale development welcomes its residents with a spacious lobby and is equipped with several high-speed elevators. Moreover, The Kite Residences features CCTV and 24-hour security, along with air conditioning and fire suppression systems.

Key advantages

Property owners of The Kite Residences are granted full access to a set of unparalleled amenities, which include:

• swimming pool
• fitness club
• children’s playrooms
• community centre
• private parking

Infrastructure

The Kite Residences is nestled within the Shams area on Al Reem Island and boasts close proximity to a stunning promenade and a beach. Within the immediate vicinity of the development there are Skate Park, Reem Central Park and the Orca Park water park, as well as numerous children’s playgrounds that are all easily accessible. 

It takes no more than 20 minutes’ to walk to various supermarkets, medical facilities and educational institutions. That being said, homeowners can stock up on groceries in Almaya Mart and LuLu Express, among other supermarkets. Furthermore, Reem Mall, which is a premier leisure, shopping and entertainment destination in the area, can be reached in just 6 minutes’ by car. Tha mall offers over 450 stores and 85 F&B venues and hosts the world’s largest snow park, called Snow Abu Dhabi, where visitors are guaranteed to have the time of their lives on 13 thrilling rides and attractions, including a crystal carousel, an ice labyrinth, a snowflake garden and an enchanted tree.

The Burjeel Day Medical Center is famed for its combination of conventional medicine and alternative therapies, and is located just a 5 minute drive away from the complex. Reem Hospital can also be reached within the same amount of time.

Repton School — Rose Campus, which is right across the road from The Kite Residences is the first school in Abu Dhabi to be rated ‘Very Good’ in the inspection report by the ADEK. The nearest nurseries are Hummingbird Nursery (Reem Island Branch) Abu Dhabi, Redwood Montessori Nursery — Shams Boutik Reem Island and Liverpool Nursery.

Not forgetting that The Kite Residences is surrounded by an array of coffee shops, beauty lounges and hair salons. Additionally, Makers District, which is the first community in the UAE aimed to promote creativity and culture, is also located just a stone’s throw away from the community.

The Shams community on Al Reem Island is a well developed area with a diverse infrastructure and convenient transport accessibility. Abu Dhabi mainland and the centre of the emirate can be reached in 15 minutes’ by car. Several bus stations are just a 5 minute walk away from The Kite Residences, which include Al ’Oud St / Repton School and Al ’Oud St / Union National Bank.

Within a 25-minute drive, owners of The Kite Residences will be able to reach Saadiyat Island, which contains some of Abu Dhabi’s most unique cultural attractions. These include, but are not limited to, the Louvre Abu Dhabi, the upcoming Zayed National Museum and Guggenheim Abu Dhabi. At the same time, Yas Island is situated within the same distance, and houses numerous record-breaking theme parks, such as Ferrari World Abu Dhabi, Warner Bros. World Abu Dhabi and Yas Waterworld Abu Dhabi, among many others.

Abu Dhabi International Airport can be reached within 30 minutes’ by car.

Economic attractiveness

Given the large living areas of the apartments, its convenient location, the availability of social and educational institutions, shops and recreational facilities, the real estate in The Kite Residences is a perfect option for singles and families. 

Al Reem Island is a sought-after destination among both locals and tourists due to its excellent transport accessibility and its easy access to other parts of the emirate. The spacious properties of The Kite Residences, complemented by its upscale amenities will always be in demand and generate a high income from rentals. As of Q1 2022, two-bedroom apartments are set to generate the highest ROI of up to 5%, with an estimated annual rental price of AED 120K (USD 33K). 

By purchasing a property in The Kite Residences, you can obtain a 10-year Golden Visa, which allows you to live and work in the UAE for a prolonged period of time, as well as many other benefits.