Nation Towers by International Capital Trading LLC

About the project

Nation Towers is a multifunctional complex located in Corniche, one of the most prestigious and comfortable areas of Abu Dhabi. The project was built by International Capital Trading LLC and was commissioned in 2013.

The complex consists of two towers that are connected by a bridge. Tower A has 65 floors and a total of 360 apartments featuring one- to five-bedroom floor plans. Tower B is occupied by office space and the St. Regis Hotel.

Apartments have ergonomic layouts and unique designs. Units vary depending on their size and configuration. One-bedroom apartments have an average size of 1,001 sq. ft. Two-bedroom apartments range in size from 1,250 sq. ft to 1,894 sq. ft, and three-bedroom apartments range in size from 2,206 sq. ft. to 2,895 sq. ft. Four-bedroom apartments range in size from 2,293 sq. ft to 2,992 sq. ft, and five-bedrooms apartments have an average size of 3,197 sq. ft.

Residents can enjoy a variety of amenities, including:

• Two levels of underground parking with space for 2,077 vehicles
• 11 high-speed elevators
• Modern gym equipped with top-notch simulators
• Spa salon
• Rooftop swimming pool
• Cinema
• Concierge services
• Event space
• Conference halls and meeting rooms
• 24-hour security and video surveillance
• Centralised air conditioning
• Electricity and water supplied by ADDC

Corniche is a prestigious area of Abu Dhabi that has a well-developed infrastructure and several promenades and beaches. Nation Towers is situated near Corniche Road, one of the most important roadways in the city.

The nearest bus stops can be reached within a five-minute walk of the towers. By public transportation, residents can travel to Al Lulu Island and Al Kasir Island within 15 minutes, and the Abu Dhabi International Airport is located within 25 minutes.

Residents can choose from a selection of local restaurants. The Terrace on the Corniche and Wafi Gourmet offers a wide range of Lebanese, Arab, Moroccan, Middle Eastern, and European dishes. The Azura Panoramic Lounge and the Bateel Café specialise in healthy foods and a large seafood selection.

For groceries and home goods, residents can shop at Spinneys, Choithrams, and Organic Foods & Cafe, which are situated within a 10-minute walk of the apartments.

Residents can take advantage of nearby schools. The International Jubilee Private School offers an American curriculum and can be reached within a 10-minute drive of the complex. For medical services, NMC is one of the best clinics in the city and is also located within a 10-minute drive.

The towers are situated within a 15-minute drive of several popular attractions, including:

• Emirates Palace
• Marina Mall, one of the largest shopping and entertainment centres in the city that features fashion boutiques and the Mercedes-Benz exhibition centre
• Observation Deck at 300, the highest observation deck in Abu Dhabi located on the 74th floor of Jumeirah Tower

Payback

Nation Towers offers apartments that are available to buy and rent. Units are popular among tenants and investors. Local real estate statistics show that the Corniche area is the leader among all the parts of the city for purchasing housing.

One- and two-bedroom apartments are particularly attractive to investors. When leased for a long period of time, these properties have a return on investment rate that can reach up to 6.8%.

Today, the average annual rental rate for a one-bedroom apartment is AED 90,000 (USD 25,000), and the average annual rental rate for a two-bedroom apartment is AED 140,000 (USD 38,000). The average annual rental rate for a three-bedroom apartment is AED 200,000 (USD 54,000), and the average annual rental rate for a four-bedroom apartment is AED 220,000 (USD 60,000).