Al Raha Beach is the coastal area of Abu Dhabi
, covering an area of 55.9 million sq. ft. This district adjoins the aforementioned Khalifa City and is yet another major project by Aldar Properties. According to the master plan, the area will have a landscaped sandy beach, gardens, parks, various social and recreational facilities, and more than 3,000 real estate units. Once completed, Al Raha Beach will be able to accommodate up to 120,000 people.
It is a developed self-sufficient neighbourhood with its own schools, clinics, restaurants and entertainment venues. This year Al Raha Beach became the fifth most popular residential community among Abu Dhabi real estate investors, with a return on investment rate of 5.6%. The total value of real estate transactions made in Al Raha Beach is AED 168M (USD 46M), while the average market price of residences in the area is AED 1.2M (USD 327K).