Horizon Towers by Tamouh

Originally launched back in Q4 2015 during Cityscape Abu Dhabi, Horizon Towers is a high-rise residential development by Tamouh Investments, which is famed for its multiple key projects across Abu Dhabi, including Marina Square and Fantasy Island. The project in the City of Lights, Reem Island consists of 2 towers, one at 57 storeys high and the other, 38 storeys. The whole project was financed with the support of Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank.

ABOUT THE HORIZON TOWERS

About Horizon Towers

With a total of 924 residential units, Horizon Towers features a range of stylish 1-3 bedroom apartments with floor-to-ceiling windows overlooking the iconic mangroves of Abu Dhabi. The living areas of the Horizon Towers apartments range between 771 sq. ft and 1,557 sq. ft and owners of 3-bedroom residences will also have a balcony and a maid’s room at their full disposal. AAll properties boast open-plan kitchens and walk-in wardrobes, among other defining features.

Maintained by Trojan General Contracting, the 2 towers are perched on a 6-floor podium, where plenty of well-chosen amenities can be found, as well as a parking area. That being said, residents of Horizon Towers are granted unrestricted access to:

  • Retail outlets
  • Restaurants
  • Swimming pool
  • Sport pitches
  • Gym
  • Yoga terrace
  • Landscaped areas
  • 24/7 concierge services

In addition, the location of Horizon Towers boasts an array of running and cycling paths, as well as a stunning waterfront promenade, providing multiple year-round leisure options both for adults and children. The supertall residential complex was successfully completed in Q2 2018.
Starting from AED 750,000

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Property Prices

The starting price for a 1-bedroom apartment of 770 sq. ft in Horizon Towers amounts to AED 750,000 (USD 204,200).

Another popular development in this locality is The Wave by Aabar Properties offering 229 1-3-bedroom apartments and four-bedroom penthouses at the initial cost of AED 1,170,000 (USD 318,000).

Location

Situated in close proximity to Al Reem St and Al ’Oud St, the Horizon Towers development enables its residents to easily move around the emirate. For instance, travel time to the mainland of Abu Dhabi does not exceed 15 minutes’, whereas Abu Dhabi International Airport can be easily reached within less than half an hour. Not forgetting that there are several bus links which can be found within the immediate vicinity of Horizon Towers, such as Al Reem St/Al Zawi St; Al Reem St/Al Zaffat St; and Al Reem St/Al Falaq St, among others.

As well as all the above, homeowners have access to the following facilities located right next door:

  • Grandiose Supermarket
  • Horizons Pharmacy
  • Horizam Abu Dhabi (supermarket)
  • Bliss Flower Boutique
  • Nootropix (a vitamin & supplements store)
  • 24 Design Center (a print shop)

Horizon Towers is adjacent to an array of restaurants and cafes just a 15-minute walk away; these include The Chippy, Eat & Drink, Beachside Café and Hit Burger, just to name a few. Within the same distance is Al Reem Beach, which is a popular destination for fun-filled watersports activities and to spend lazy relaxing afternoons. Not forgetting Shams Boutique Mall, which is a stone’s throw away, and treats its visitors to a variety of F&B venues and shops, an arcade, as well as the children’s Action Zone.

Residents of Horizon Towers will find many prestigious academic institutions and medical facilities which are all easily accessible and within walking distance of the buildings. These are as follows:

  • Burjeel Day Surgery Center
  • Reem Hospital
  • Sorbonne University Abu Dhabi
  • Nord Anglia School

Economic Appeal

One of the most attractive perks of residing in Horizon Towers is that it is located a 15-minute walk away from one of the most highly-anticipated attractions in Abu Dhabi, Reem Mall. Once finished, the colossal retail and entertainment destination will feature 450 retail stores, 85 restaurants, cafes and bars, as well as Snow Abu Dhabi, which is set to become its focal point. As one of the world’s largest snow parks, Snow Abu Dhabi will offer 13 exciting rides, including a crystal carousel and an ice labyrinth, among other thrilling activities. As reported by Ehab Aziz, Group CFO of Agility, Reem Mall is due to open in Q1 2022.

According to the Bayut portal, 1-bedroom apartments in Horizon Towers generate an attractive ROI as high as 6.7%, making properties here an excellent real estate investment option. The starting rental price in Horizon Towers for a 1-bedroom residence is AED 52,000 (USD 14,000). Here it is worth noting that Al Reem Island is one of Abu Dhabi’s freehold areas, meaning that once you have acquired a property in Horizon Towers, you will be able to resell it at any time or lease it for as long as you wish. The residential development is highly popular for rentals among families with small children and teenagers in particular, as it provides easy access to Mosaic Nursery, with British early year’s qualifications. It is also close to Fay Park, the first urban biodiversity park in the Middle East, with a fitness area, mini-golf zones, a beach volleyball court, a skate park and more.

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