Marina Bay

Project Description

The multifunctional 25-floor Marina Bay building features well-equipped waterfront apartments and townhouses of various sizes and with various layouts that overlook the canal on Al Reem Islands in Abu Dhabi. The first floor houses the vestibule and retail quarters, while other floors are filled with over 350 residential units. Along with other upper-grade amenities, residents have access to:

• Round-the-clock concierge services;
  
• Gym with modern fitness equipment;
  
• Sauna, jacuzzi, spa, and swimming pool on the waterfront;
  
• Playroom features billiard and tennis tables, as well as table soccer, Carrom, and other things;
  
• Children's playroom;
  
• Multilevel covered parking;
  
• Round-the-clock security and CCTV.

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• Barbeque
• Cafes and restaurants
• Temperature-controlled pools
• Fully equipped gyms

Property Features

• Property surface area, including the balcony, ranges from 76 m² to 184 m²;
  
• Centralized air conditioning;
  
• Double glazed windows;
  
• Ceramic tile floors;
  
• Inbuilt kitchen cabinets, tabletops, a fridge, stove, cooker hood; and washing machine with a dryer;
  
• Maintenance options.

Marina Bay is located in the Najmat district, on the natural Al Reem Island. The island itself is located 600 meters away from Abu Dhabi's North-Western shore and combines residential and commercial real estate, as well as multiple schools, parks, hotels, and resorts. The island connects to the mainland via two bridges: one from Abu Dhabi city, and one from Al Maryah Island.

• Marina Bay is located within a 30-minute ride from the Saadiyat Island's Cultural Center, Yas Island's entertainment facilities, and the Abu Dhabi International Airport;
  
• It takes 10-15 minutes to get to world-class medical facilities by car, including the NMC Specialty Hospital and the Cleveland Clinic Abi Dhabi;
  
• Shams Boutique Mall is located in about a 10-minute ride, while the Galleria mall and Abu Dhabi's center are located 15 minutes from the community;
  
• It takes 10 minutes by car to get to Reem Central Park;
  
• Such landmarks, as Louvre Abu Dhabi, Mangrove National Park, and the Sheikh Zayed Mosque (one of the six largest mosques in the world) can be reached within 20 minutes by car;
  
• Public transport stations are within walking distance.

Closest Educational Institutions

• Repton Abu Dhabi is located within a 5-minute ride and within a 20-minute walk;
  
• Mosaic daycare center is located within a 10-minute ride;
  
• Abu Dhabi Grammar School, private INSEAD Middle East Campus, and GEMS World Academy are all located within a 15-minute ride from Marina Bay.
  

Return on Investment

According to the Abu Dhabi annual real estate report, Al Reem Island is considered one of the best choices for renting and buying apartments in the city. Annual revenue from property rental generally ranges from 5.2% to 8.7% with the lowest indicator generated by 4- and 5-bedroom apartments and the highest indicator – by studios and 1-bedroom apartments. As for rental prices, they range from AED 49 000 (about USD 13 500) for studios and AED 63 000 (about USD 17 200) for 1-bedroom flats up to AED 600 000 (about USD 163 500) for 5-bedroom apartments annually.