One Reem Island by SAAS Properties

2-4BR APARTMENTS FOR SALE ON AL REEM ISLAND

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License number: 202202112086

Project number: 2021/265990

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One Reem Island

About the project

One Reem Island is a new premium residential complex by SAAS Properties that is located on Al Reem Island, Abu Dhabi. The project was originally launched in Q2 2021 and offers two 8-storey buildings in a traditional Arabian style design, with the exterior architectural design made by Marco Rizzi.

All units within the complex are equipped with August Smart Locks that allow residents to open and close the door remotely, and other smart technologies. The presence of outdoor surveillance cameras, Amazon Ring Drones, Samsung Smart Things Motion Sensors and Xiaomi Mi Security Cameras provide residents with extra safety and privacy.

Investors and potential buyers can choose from apartments with bright modern interiors, as well as sophisticated minimalist units. Natural marble, Italian wooden parquet from Cora and high-quality wallpapers have been used for the interiors. Another benefit of One Reem Island is its panoramic double-glazed windows with views of the Arabian Gulf and Abu Dhabi skyline.

Residents of the premium complex have access to the following amenities:

Luxurious lobby with panoramic windows and a waiting area
Private parking on the ground floor
Electric vehicle charging stations
Recreational area & BBQ area
Infinity pool & children’s pool
State-of-the-art gym
Sauna
Retail stores
High-speed elevator from Otis
24/7 concierge service

One Reem Island offers 63 convenient 2-4 bedroom units with living areas ranging from 1,535 sq.ft to 4,394 sq.ft. Each unit is provided with a balcony, varying in size from 130 sq.ft to 1,472 sq.ft.

Each apartment offers:

Spacious living room combined with a dining room
Bathrooms made with volcanic marble, water purification systems and premium wash basins from Villeroy & Boch
Fitted kitchen with wooden cupboards, marble countertops and high-quality built-in kitchen appliances from brands such as from Whirlpool and Siemens
Eufy Robot Vacuum
Xiaomi Mi Air Purifier
Wall mounted decorative fireplace
Oak white wood wardrobes
AC system
Fire extinguishing system
Garbage chute
Centralized water heating

Each apartment also comes with a separate storeroom that can be found in the parking area.

Al Reem Island

Location

1,535 sq. ft

Area from

2-4

Number of Bedrooms

AED 2,661,000

Starting Prices

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Property Prices

The starting price of a 2-bedroom apartment in the residential complex of One Reem Island is AED 2,661,000 (USD 725,000).

Floor plan

Luxury Property On

Al Reem Island

One Reem Island is located in Shams Abu Dhabi which is located on Al Reem Island. The residential complex is close to Shams Boutik Mall and Al ‘Oud St is close to the building as well. It will take 30 minutes’ to get from One Reem Island to Abu Dhabi International Airport.

Al Reem Island is connected to other areas of the emirate by several bridges. Those living in the development can get to the center of Abu Dhabi by private car, taxi or bus. Within just a 5-minute walk from the building you can find bus stops such as Al Rayfah St/Stop 1074 and Al ʹOud St/Gate Towers.

In the surrounding area of One Reem Island residents can find a wide range of retail stores and restaurants specializing in European, Lebanese and Italian cuisines. The closest supermarket is Waitrose and is a 5-minute walk away. Several pharmacies and Burjeel Day Surgery Center can also be reached within the same distance. Reem Hospital can be reached in 15 minutes’ on foot.

One Reem Island is a great living choice for pet owners, as a 15-minute walk away residents can get to Reem Central Park where dogs are permitted with their owners. A pet shop and VIP PETS Grooming Salon are located right next to the development as well.

Reem Central Park is one of the main attractions in the area where visitors can find retail stores, cafes, walking and jogging tracks, children’s playgrounds and a skate park. Reem Mall and Galleria Mall can both be reached within a 10-minute drive.

In a 10-minute drive you can easily get from One Reem Island to:

Repton School Abu Dhabi
Sorbonne University Abu Dhabi
Abu Dhabi Downtown
Abu Dhabi Mall
Al Fay Park, an urban biodiversity park

It takes about 15-20 minutes’ to get to Zayed Port and Saadiyat Island where those who are into art can visit Louvre Abu Dhabi Museum and enjoy masterpieces by some of the world’s top artists.

Payment plan

Final payment
On Completion

75%

Installment #2
Within 150 Days

5%

Installment #1
Within 60 Days

10%

Down Payment
Immediate

10%

Economic Attractiveness

Obtaining property in One Reem Island is the best option for both families and business professionals wishing to enjoy a quiet lifestyle. Within walking distance from the residential complex residents can find all the necessary infrastructure including retail stores, restaurants, shops and universities. There will be three large malls at the disposal of residents as well. Pet owners will be able to walk with their pets at Reem Central Park, which is one of the largest parks on the island.

One Reem Island is a good option, not only for permanent living but also for long-term investment. Al Reem Island has become one of the most popular areas in Abu Dhabi among tenants in 2021, which is what makes its real estate units a profitable investment asset. The ROI of residential units at One Reem Island is 6.6% with the starting rental price of a 2-bedroom apartment currently at AED 60,000 (USD 16,300) per year.

It’s worth noting that since One Reem Island has already been launched, obtaining a real estate unit here gives the buyer an opportunity to apply for an Golden Investor Visa for 5 years with a possibility to become a sponsor for a spouse and children under 18 years old, which will also allow them to obtain a visa.

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