Al Qurm
Economic Appeal
When investing in a property in Al Qurm, you will be able to benefit from a variety of family-oriented facilities within walking distance of your home. These are as follows:
- Sheikh Sultan Bin Zayed Playground
- Al Bateen Beach
- Teddy Bear Nursery – Al Mushrif Branch
- Samaya Specialized Center Al Bateen
- Al Bateen Beach Road
It is worth mentioning that Al Qurm is a freehold area, which means that properties here are available for purchase to buyers of all nationalities. You will be granted 100% ownership for an unlimited period of time, which will enable you to lease and/or resell your property at any moment. Taking this information into consideration, according to Property Finder, 5-bedroom villas generate the highest gross ROI in Al Gurm at 6%, as of Q2 2022. The starting rental price for this type of unit type costs from AED 150,000 (USD 41,000) per annum, which will guarantee a stable, yet lucrative income.
As well as all the above, when investing in a property in Abu Dhabi worth at least AED 2,000,000 (USD 545,000), you become eligible for a 5-year Real Estate Investor Visa. This visa allows you to be able to study, work and live in the UAE without an Emirati sponsor. If you are mortgaging your property, the value of the investor’s capital needs to be at least AED 2,000,000.
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Popular Properties
Al Qurm Gardens is a prime residential community with an array of exclusive 5-bedroom villas for sale. The total area of properties ranges between 4,400 sq. ft and 4,800 sq. ft and the starting price is AED 2,900,000 (USD 790,000). The villas in Al Qurm Gardens boast a private garden, a garage, living quarters for domestic staff, as well as a laundry and storage room, ensuring the utmost comfort for its occupants.
Al Qurm Mangroves has a selection of ultra-refined villas, with a minimum size of 14,994 sq. ft. At an initial cost of AED 21,900,000 (USD 5,963,000), you can become a proud owner of a stunning 5-bedroom residence, the layouts of which include a swimming pool, a maid's room, a driver's room, a terrace overlooking the mangroves, and a big area for either car or boat parking, among other defining features.
Corniche Al Qurm is a prestigious development with a range of single-row seafront villas. The starting price for a 7-bedroom property of 16,486 sq. ft is AED 25,000,000 (USD 6,806,000). These residences house an office, 2 majlis rooms, spacious terraces, a swimming pool, a gym and private parking for a boat or a yacht. In addition, the external living areas of Corniche Al Qurm villas contain staff rooms, a storage room, a large kitchen and a laundry room.
Attractions
Abu Dhabi City Golf Club is the oldest golf course in the UAE and is ever popular among golf amateurs and professionals. It is home to 3 F&B venues (Sushi Maru, Pool Bar and 19th Street and Bar Restaurant), a flood-lit golf academy, a gym and 3 tennis courts. Not forgetting a temperature-controlled swimming pool which is complemented by a jacuzzi, a children's pool and poolside seating overlooking the luscious landscaping.
Al Bateen Beach is a favourite family-friendly destination in Abu Dhabi, as it is perfect for paddling, kayaking, surfing and other activities, which are provided by the beach's watersports center. For adventure thrill-seekers, there is also the possibility of hiring a jetski to go out onto the water. In addition, Al Bateen Beach has plenty of cafes, about 100 parking spaces and a number of lifeguards on duty.
Umm Al Emarat Park, formerly called Al Mushrif Park, is one of the largest and oldest parks in the UAE which was built back in 1982. This excellent leisure offering includes a Shade House, an Animal Barn, an Amphitheatre, a Great Lawn, a Botanic Garden, a Children’s Garden and an Evening Garden. The Animal Barn is managed in collaboration with Emirates Park Zoo and is home to ponies, baby goats, cows and camels, along with other animals.