aldar properties

Shining Towers

Completed in 2012, Shining Towers is a mixed-use development located in the Al Khalidiyah district of Abu Dhabi. The complex consists of two buildings: a 33-storey residential tower and a 42-storey commercial tower. Both buildings have a two-level podium that features landscaped areas and retail outlets.

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ABOUT SHINING TOWERS

About the project

Shining Towers is considered one of Abu Dhabi’s architectural masterpieces. The twisting towers slope sideways towards one another. The complex won the GCC Tower Award during Construction Week in 2010.

Properties include two- to three-bedroom apartments. All of the residential units have living rooms, dining rooms, built-in wardrobes, balconies, and at least two bathrooms. Three-bedroom apartments also have staff accommodations and powder rooms.

Residents can enjoy a variety of amenities, including

  • State-of-the-art gym
  • Retail outlets on the ground floor
  • 24-hour concierge services
  • 24-hour security and video surveillance
  • Central air conditioning
  • Three levels of parking
  • 10 lifts, including three high-speed lifts and a fire lift

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Property values

Apartments range in size from 1,250 sq. ft. to 2,700 sq. ft. Two-bedroom apartments range in price from AED 1,300,000 (USD 354,000) to AED 1,900,000 (USD 517,000).

Location

yas island

LUXURY PROPERTY IN

Abu Dhabi City

The nearest public transport stop is Zayed The First Street / Mubarak Bin Mohammed Street, which can be reached within a five-minute walk of the complex. Al Bateen Executive Airport is located within a 20-minute drive.
Residents can choose from a selection of nearby social and leisure facilities, including:

  • Kitfo Restaurant, the Square Bistro, Potato Oven, and Al Fanoos Grill
  • Choithram Supermarket, Carrefour City Supermarket, Lulu Hypermarket, Safa Express Supermarket, and Seven Emirates Supermarket
  • Amrita Medical Centre Hospital
  • Life Pharmacy
  • Elite Private School
  • Playhouse Nursery

The complex is situated within a short walk of several popular attractions, including:

  • Corniche Beach, a beautiful beach area with entertainment and sports facilities – 5 minutes
  • Khalidiyah Mall, a shopping centre with retail stores, restaurants, a cinema, and entertainment venues – 10 minutes
  • Heritage Village Abu Dhabi, a family-friendly destination offering insight into traditional desert life with an ancient bazaar, a mosque, and a camp – 15 minutes

Economic attraction

Al Khalidiyah is the cultural centre of Abu Dhabi. It features a harmonious blend of historical sites and modern buildings. Residential properties are in-demand among those looking to live in the heart of the capital. The area offers high-rise residential complexes and villas.

Al Khalidiyah is also well-known for being in close proximity to Corniche Beach. The high-rise developments in the area offer superb views of the sea and surrounding area. As a result, properties are popular among investors. Today, the return on investment rate for units in the area is 6%.

Annual rental rates for apartments at Shining Towers range from AED 85,000 (USD 23,000) to AED 110,000 (USD 30,000), and the payback period ranges from 18 to 22 years.

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