Al Manara Building by Aldar Properties

Al Manara Building is a 14-storey residential building located on Al Raha Beach in the Al Bandara district of Abu Dhabi. The complex is an ideal place for those looking for a calm and quiet lifestyle near the sea. Properties include balconies featuring stunning views of the Persian Gulf and marina.

ABOUT AL MANARA BUILDING

About the Project

Abu Dhabi is one of the most popular emirates, and it offers a wide range of premium real estate. Residents can take advantage of an abundance of upscale amenities, and properties are situated within a short walk of several infrastructure facilities.

Properties include four-bedroom apartments that range in size from 4,089 sq. ft. to 7,534 sq. ft. and five-bedroom penthouses with an area of 7,535 sq. ft.
Al Manara Building provided a variety of amenities, including:

  • Gym
  • Indoor swimming pool with temperature and air controls
  • Tennis, squash, and basketball courts
  • Silkor Laser & Aesthetic Centre, a private medical facility
  • Children’s playground
  • Barbecue area
  • Landscaped gardens
  • Golf course
  • High-speed elevators
  • Lobby with reception desk
  • Parking
  • 24-hour security with CCTV
  • Smart Home systems
  • Keycard entry systems

Gallery

Prices

Four-bedroom units with an area of 4,089 sq. ft. have a minimum price of AED 6,700,000 (USD 1,800,000), and the average cost for renting a four-bedroom apartment is AED 300,000 (USD 82,000), per year.

The starting price for a four-bedroom penthouse is AED 6,700,000 (USD 1,800,000), and the starting price for a five-bedroom penthouse is AED 12,000,000 (USD 3,267,000).
yas island

LUXURY PROPERTY ON

Al Raha Beach

BEACHFRONT GOLF COURSE
PREMIER HOTELS AND RESIDENCES
WHITE SANDY BEACHES
WORLD-CLASS EDUCATIONAL OFFERINGS
Al Raha Beach is a subdivision of Al Raha district in Abu Dhabi. It spans 11 km along coastline and adjacent to Khalifa City A, new residential suburb of Abu Dhabi.

Opposite the shoreline Al Raha Beach is limited by Highway E11 – a road to Dubai. Also, it has Yas Island and Abu Dhabi International airport at its neighborhood. Al Raha Beach de-lux development belongs to Aldar Properties company, one of the major foremost authorities in real estate market of Middle East.

The district covers 5,2 mln m2 and intended to accommodate about 120.000 residents in 3000 properties.

Flagship communities of Al Raha Beach comprise Al Bandar, Al Muneera and Al Zeina. Besides, there are Muzoon Building and Lamar Residence.

You can learn more about available properties on Al Raha Beach here.

Location and Transportability

Al Manara Building is located near Rawd Street, Al Bateen Street, and Mubarak Bin Mohhamed Street. Residents have easy access to local beaches with ferries and beautiful views of the Persian Gulf, and Yas Beach can be reached within a 40-minute drive of the complex.

Residents can enjoy nearby stores and restaurants, including Sushi Counter, Bricco Pizza & Pasta, Jones the Grocer, Nolu's Café, Spinneys, Carrefour Market, Souq Planet, and Waitrose. There are several bus stops situated within walking distance of the residences, including Zayed 1st St./Al Khalidiya Public Garden, Zayed 1st St./Dana Plaza, Corniche St./Public Beach Main Entrance, and Mubarak Bin Mohammed St./Oud Al Hisan St. Uber services are also easily available near the complex.
Al Manara Building is an ideal option for families with children because of the wide range of educational institutions located in the area. Local schools include Coastal Safety International – Sea School, Al Shohub School, Raha International School, Crescent International School, and Rawafed School.

For medical services, residents can go to Healthplus Family Clinic, Silkor Laser & Aesthetic Centre, Etihad Airways Medical Centre, BounceBack Physiotherapy Treatment Centre, and Cosmedics Skin & Laser Clinic.

The complex is situated within a short drive of many popular destinations, including:

  • Silver Rock Framing Gallery – 5 minutes
  • Rotana Mall – 5 minutes
  • Veneto Fashion House – 5 minutes
  • Aquarium Lives Centre – 5-minutes
  • Mohammed Saif Bin Musaed Mosque – 5-minutes
  • Emirates Palace – 10 minutes
  • Etihad Modern Art Gallery – 10 minutes
  • Qasr Al Hosn – 10 minutes

Investment Appeal

Al Manara Building offers real estate with a return on investment rate that can reach 4.4%. Thus, the approximate profit from rental units, including VAT (5%), would be AED 285,000 (USD 78,000), per year.

The complex offers many advantages for investors, including:

  • The chance to obtain a business licence while purchasing property
  • Membership in the rent-to-own programme, which offers payment plans from the developer

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