Al Reem Island is one of the many freehold zones in Abu Dhabi where foreigners can obtain real estate properties without 100% property ownership. The capital of the UAE is ranked in the top 20 cities for expat life
, therefore, real estate in Abu Dhabi is always in demand among foreigners who have moved to the Emirate.
According to the Bayut & dubizzle 2021 annual report, Al Reem Island has become the most popular area among buyers and tenants looking for luxury apartments in Abu Dhabi. The average ROI in 2021 in this area (Shams Abu Dhabi) was 6.6% , where Yasmina Residence is located, and was one of the most popular communities. Buyers, investors and tenants are attracted by the mix of a quiet life on the shoreline, a well-developed infrastructure, luxury amenities and its closeness to the most popular entertainment and business districts of the Emirati capital.
Because the Yasmina Residence is a completed and ready-to-move project, once a transaction is finalized, investors will be able to rent the property out and start gaining a passive income. Taking into consideration the lowest prices of apartments for sale and rent, the estimated ROI in 2022 will be from 7.4%
If you are interested in obtaining or renting a property in this residential development, Metropolitan Capital Real Estate LLC
agents will help you to choose the right option that will correspond to your needs, aims and future investment plans.