Al Reem Bay by Mismak Properties

Al Reem Bay is a private premium residential complex located in a popular resort area of Abu Dhabi on Al Reem Island. The developer of the Al Reem Bay project is Mismak Properties and the project was completed in 2020.

ABOUT AL REEM BAY

About the Project

The complex consists of two 29-storey residential towers with a ground floor and a common 3-storey podium. T Buyers can choose from 445 one to three-bedroom apartments with a total living area from 800 sq.ft to 2,400 sq.ft. The buildings can be easily recognized by their rhomboid windows that can be seen in the central part of the facade. All apartments have floor-to-ceiling windows and balconies offering beautiful views of the Persian Gulf. The towers are provided with central air conditioning and central heating systems.

Apartments include a spacious living room, dressing room, fully-fitted bathroom and a toilet for guests, as well as a separate kitchen with built-in wardrobes, a granite countertop and a wide range of kitchen appliances.
Inside the complex residents can find several facilities such as:

  • State-of-the-art gym
  • Private parking on the ground floor
  • Swimming pool & recreational area
  • Sauna & jacuzzi
  • Shaded children’s playground
  • Landscaped garden
  • Tennis court
  • Wellness club
  • Restaurant & grocery store
  • Mosque with prayer halls for men and women
Al Reem Bay is also under 24/7 security.

Gallery

yas island

LUXURY PROPERTY ON

Al Reem Island

BEACHFRONT GOLF COURSE
PREMIER HOTELS AND RESIDENCES
WHITE SANDY BEACHES
WORLD-CLASS EDUCATIONAL OFFERINGS
Two bridges connect the island of Al Reem to the mainland: one of them is laid from the city of Abu Dhabi, the other - from the island of Al Maryah Island.

Al Reem Island is home to several prestigious schools and kindergartens, such as Mosaic Nursery, Hummingbird Nursery, Playhouse Nursery and Repton School Abu Dhabi.

The medical infrastructure here is also quite well developed. Al Reem Island has a Burjeel Hospital, and there are a number of pharmacies in the area that residents and visitors can easily find.

There are several religious sites on the island, including the Al Aziz Mosque, which accommodates more than 2,500 worshippers. The nearest church and Buddhist temple are located in the surrounding area, just a 20-minute drive from Al Reem Island.

You can check all our properties for sale on Al Reem Island here.

Location

Apartment sizes for sale in Al Maha Tower range from 872 sq.ft to 1,268 sq.ft. Properties available to rent range from 538 sq.ft to 1,173 sq.ft.

The sale price of 1-bedroom apartments starts from AED 850,000 (USD 231,450).

Rental costs for a 1 bedroom apartment start from AED 50,000 (USD 14,000) per year.

Location and infrastructure

Al Reem Bay residential complex is located on Al Reem Island, next to the DAMAC Marina Bay community and is connected to other areas of the emirate by several bridges. You can easily get to the center of Abu Dhabi by car, taxi or bus. The closest bus stop, Al Ghazal St / Al 'Oud St, can be reached within a 5-minute walk.

Just a 10-minute walk away from Al Reem Bay, residents and visitors can find restaurants such as Vietnamese Pho and Rozana Alreem Restaurant & Cafe, the wellness center Motion Cycling Abu Dhabi, several supermarkets including Primemart, ARMAAN MINIMARKET and Bite SuperMarket, and a beauty salon.
Within a 5-10 minute drive there are several educational institutions and medical centers including:

  • Mosaic Nursery and Sesame Street Private Nursery
  • Nord Anglia School and Repton School Abu Dhabi
  • Sorbonne University Abu Dhabi
  • Reem Hospital

Three shopping centers are at the full disposal of residents of Al Reem Bay, such as:

  1. Abu Dhabi Mall offers more than 200 stores including popular lifestyle and premium brands, entertainment venues such as Fun City and Xtreme Zone, VOX Cinemas, several restaurants and plenty of cafes.
  2. Shams Boutik Mall consists of two skyscrapers named Sun Tower and Sky Tower which includes retail stores of local and popular world-known brands. Several restaurants, eateries and entertainment options can be found on the territory of the shopping center as well.
  3. Galleria Mall is famous for its outlets as well as for a wide range of cafes and restaurants. Since the expansion of the mall in 2019, about a hundred restaurants offering Middle Eastern, Asian, Greek, Italian and other cuisines have been operating on its territory.

Reem Central Park, one of the most popular attractions in the area, is close to the development. Here is where one can find retail stores, cafes, walking and jogging tracks, children’s playgrounds and even a skate park.

Just a 10-minute drive away, one can get to the center of Abu Dhabi, while Abu Dhabi Dates Market, Saadiyat Island, Abu Dhabi International Airport and and one of the best tourist areas of the emirate of Yas Island can all be reached within 20-30 minutes.

Economic Attractiveness

Obtaining an apartment in Al Reem Bay is a great choice for families with children. On the territory of the community residents can find all the necessary amenities to experience a comfortable lifestyle, including a landscaped garden, a children’s playground, a swimming pool and a gym. Moreover, a great number of educational institutions are located right near the complex as well. It takes about 10 minutes’ to get to the center of Abu Dhabi, which makes Al Reem Bay ideal for business professionals.

Due to its strategic location, the apartments of Al Reem Bay are ideal both for short-term and long-term rentals. The ROI in this area is about 6.62% per year, and the rental price of a 1-bedroom apartment is from AED 55,000 (USD 15,000) per year. A 2-bedroom apartment costs from AED 75,000 (USD 20,400), and rental the price of a 3-bedroom unit is from AED 100,000 (USD 27,250) per annum.

Managers of Metropolitan Capital Real Estate can offer you the best property in Abu Dhabi to buy or rent. Our team can also assist you in learning more about the real estate market in the emirate and prepare all the necessary documents for all stages of the transaction. If you need a mortgage, Metropolitan Capital Real Estate will help you to apply for it as well.

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