Azure by Masaood Developments

Azure is a residential complex that offers 1 and 2-bedroom apartments and prestigious amenities. The building is advantageously located in the sought-after area of Al Reem Island.
Lizenznummer:
202402273451
Nummer des Projekts:
No down payment or balloon payment
No traditional mortgage
No traditional mortgage
On request
Startpreis
768 sq. ft
Area from
1-2
Number of Bedrooms
Al Reem Island
Standort

About the project

Azure is a high-rise building with a structure of 3B+G+M+29, developed by Masaood Developments. Properties in the project are presented by apartments with 1–2 bedrooms. The complex is located on Al Reem Island, in the area of Shams Abu Dhabi. 

In total, there are 339 residential units in Azure. The living areas of the residences range from 764 sq. ft to 1,389 sq. ft. The apartments have spacious terraces, panoramic windows and built-in wardrobes. The bathrooms are equipped with high-quality plumbing, while the kitchens are isolated and offer all the necessary appliances and furniture. Each residence provides a smart home system.

Key advantages

Azure offers swimming pools for adults and children, a gym, sauna and spa, as well as conference rooms. The territory is well-equipped with a walking area, bbq zones and children’s playgrounds near the complex. Three-storey underground parking is available. The building is equipped with a fire protection system and video surveillance.

Infrastructure

Supermarkets such as Lulu Express Fresh Market and Al Maya Mart Al Reem Island are located within walking distance from Azure. It takes 5–10 minutes’ to drive to Reem Mall, Shams Boutik and Abu Dhabi Mall.

For medical help, residents of Azure can contact Reem Hospital and Burjeel Day Surgery Center, which are 10 minutes’ away by car.

As for educational institutions, Hummingbird Nursery Abu Dhabi, Repton School — Rose Campus, Redwood Montessori Nursery — Shams Boutik and GEMS World Academy — Abu Dhabi are within walking distance or no more than 10 minutes’ away. Sorbonne University Abu Dhabi is also located on Al Reem Island, where the emphasis is on humanitarian disciplines. It will take about 10 minutes’ by car to get to the university. 

In the Shams area, there is Reem Central Park, children’s playgrounds, and jogging and cycling paths. For fans of football and other sports, Al Reem Island offers two stadiums with football fields — Koora Sports and Najmat Football. Travel time to the stadiums will take no more than 15 minutes’ by car.

Immobilienpreise

As of Q2 2021, the average annual rental price for one-bedroom apartments on Al Reem Island is AED 60K (USD 16K), and the ROI reaches 7.5%. Two-bedroom apartments can be rented for AED 85K (USD 23K) per year. The ROI of this type of real estate is up to 6.5%.

Grundriss

Typ wählen:

Standort

  • 5–15 minutes Abu Dhabi Center, Reem Mall, Sorbonne University Abu Dhabi
  • 20–35 minutes Saadiyat Island, Yas Island, Abu Dhabi International Airport

Azure is located in the northern part of the Shams Abu Dhabi district, on Al Reem Island. From the project, you can quickly get to both the centre and other areas of Abu Dhabi. The mainland of the emirate can be reached in a 15-minute drive, while Abu Dhabi International Airport — in a 30-minute drive.

Travel time to Saadiyat Island takes 20 minutes’ by car.  Some iconic sights of the emirate can be found here — Louvre Abu Dhabi and Saadiyat Beach. Yas Island, with the famous Ferrari World Abu Dhabi, can be reached in a 30-minute drive. 

Economic attractiveness

The Masaood Developments company positions Azure as a residential complex that is suitable for young families and professionals. The project provides developed infrastructure and a healthy lifestyle. 

The territory of Al Reem Island, where Azure is located, is actively being built up and attracts foreign investment. Due to this, buying a property here can become a profitable investment in the long term.

Einzelheiten zum Projekt

Startpreis
On request
Area from
768 sq. ft
Number of Bedrooms
1-2
Standort
Al Reem Island

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Zahlungsplan

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Holen Sie sich ein Sonderangebot

Wir rufen Sie innerhalb einer Stunde zurück und senden Ihnen zusätzliche Informationen per E-Mail
Ihre Anfrage ist eingegangen! Bitte warten Sie, bis sich ein Manager bei Ihnen meldet.
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Azure

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Rivage

AED 1,180,000
Al Reem Island
Fläche von
76 bis 724 m²
Übergabe
Q4 2027
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