The Wave by Aabar Properties

About the project

The Wave is a waterfront complex located on Al Reem Island in Abu Dhabi. The developer of the building is one of the largest development companies in the emirate — Aabar Properties.

The development offers 23 storeys of residential properties and a 6-storey block with offices and retail units. There are a total of 229 residential units within The Wave development, comprising 1 to 3-bedroom apartments and four-bedroom penthouses. Layouts of the premium-class apartments include an entrance hall, a living room combined with a dining area, semi-closed kitchen and bathrooms. All kitchens in the complex are fully equipped with the necessary appliances and integrated fixtures. Each apartment also has built-in wardrobes in the bedrooms.

Key advantages

Residents of The Wave will be provided with numerous exclusive amenities, such as an outdoor swimming pool, a fitness centre with sauna, hanging gardens, a hall for special events and conferences, BBQ areas, and a courtyard with a children's playground. In addition, residents can enjoy concierge services and round-the-clock security.

There is also allocated parking for 402 cars for property owners. Visitors of The Wave can use the free outdoor parking, which is situated next to the complex. 

Infrastructure

The neighbourhood has access to a 167-berth marina near a picturesque promenade with cafes and restaurants, among which are Rozana AlReem Restaurant & Cafe, Vietnamese Pho and Sweet Greens Restaurant.

Reem Mall can be reached in less than a 10-minute walk, and everyday essentials can be purchased in Primemart, Armaan Minimarket and Bite Super Market, which are all located within walking distance from the residential complex.

There are several educational institutions in the area, including Liverpool Nursery, Playhouse Nursery on Al Reem Island, Nord Anglia International School Abu Dhabi, Repton — Fry Campus, and Sorbonne University Abu Dhabi. Residents access medical assistance at Mediclinic — Al Reem Mall, Reem Hospital and Burjeel Day Surgery Center, which are all located no more than 6 minutes by car from the complex.

Al Reem Central Park offers its visitors plenty of entertainment and outdoor activities, and is less than a 10-minute drive from The Wave.

The Wave complex has a convenient location in the Najmat residential community on Al Reem Island. It is one of the fastest growing districts in Abu Dhabi, with modern and high-quality infrastructure, as well as good transport accessibility. 

There are Al Ghazal St / Al 'Oud St and Al Ghazal St / Al Baqat St public transport stops close to the complex, and convenient access to the highway that leads to the Abu Dhabi mainland.

Saadiyat Island is famous for its cultural venues and museums, including Louvre Abu Dhabi and Manarat Al Saadiyat, and is just a 20-minute drive away. The endless attractions of theme parks on Yas Island can be reached in just 25 minutes’ by car.  

Abu Dhabi International Airport is a 20-minute drive from the project.

Economic attractiveness

The apartments in The Wave residential complex are in high demand among investors and tenants due to its strategic location and the area’s well developed infrastructure. The development’s close proximity to the airport and the marina makes The Wave a convenient place for permanent residency, as well as for short-term accommodation for a business or tourist trip to Abu Dhabi. There are options available for single individuals, young couples and families with children.

The residential development offers modern services such as security, parking, a swimming pool and a laundry service, which meets the highest demands of residents. Moreover, the professional management of The Wave will solve all residents’ issues regarding the maintenance of the apartments.

As of Q3 2021 the properties of The Wave complex can generate a ROI of 7.3%, which is a good investment indicator. The value of real estate in the area will only grow in the future because of the fast development of the Najmat district, which will continue to be a location for new commercial, residential and business projects.