Ocean Terrace Tower by Mismak Properties

Ocean Terrace Tower is a 43-storey complex located in Marina Square. The project offers 1–3 bedroom apartments with access to amenities both for children and adults.
License number:
202302934469
Project number:
On request
Starting Price
7.20%
ROI
1-3
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Marina Square
Location

About the project 

Ocean Terrace Tower is a 43-storey waterfront tower in Marina Square on Al Reem Island. The project was developed by Mismak Properties and completed back in 2012. 

There are 375 residences within the complex, which include apartments with 1–3 bedrooms, ranging in size from 872 sq. ft to 2,120 sq. ft. All residences have spacious dining and living rooms, at least two bathrooms, panoramic windows, built-in wardrobes in the bedrooms and tiled floors. Some apartments are also offered with furniture packages.

Key advantages

Residents of the Ocean Terrace Tower complex will have access to numerous amenities, including a gym with a sauna and a steam room, an outdoor swimming pool, a playground, 24-hour security services and covered parking. Pets are allowed within the complex as well.

Infrastructure

The Playhouse Nursery, which teaches the UK EYFS (Early Years Foundation Stage) programme, is located less than a 5 minute walk away. Also within walking distance from the complex are Oxid Cafe and Baz Station internet café, Oriental Karate & Kobudo Club, Marwanito's Gym and Carrefour Market Paragon Bay.

The Perfect Balance Rehabilitation Center is a 10-minute walk from Ocean Terrace Tower, and other medical facilities include Burjeel Day Surgery Center and Reem Hospital, which are both located within a 10-minute drive. Sorbonne University Abu Dhabi can be reached within the same amount of time.

Residents can enjoy a nice walk in Mangrove National Park, Dolphin Park or Jubail Mangrove Park, which are all located within 25 minutes by car.

As for public transport stops, it takes 10 minutes to walk to the Khor ʹAzeez St/Marina Square and Hazzaʹ Bin Zayed St/Marina Square bus stops.

Property prices

Floor plan

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Location

  • 5–15 minutes Al Maryah Island, Abu Dhabi mainland
  • 20–35 minutes Saadiyat Island, Yas Island, Abu Dhabi International Airport

The Ocean Terrace Tower project is located in Marina Square on Al Reem Island in Abu Dhabi. To connect the development with the central part of the emirate, there are Hazza' Bin Zayed The First St. and Al Matla'i St., which allows quick and easy access to the rest of the capital. 

Al Maryah Island which has Galleria Mall is a 10-minute drive away. Here you can find boutiques from some of the world's most famous brands.

Saadiyat Island is 20 minutes’ away by car from the complex, where residents of Ocean Terrace Tower can visit Louvre Abu Dhabi, Manarat Al Saadiyat and Saadiyat Beach Golf Club.

Yas Island is the main entertainment area of the emirate, which can be reached within 25 minutes. Residents of the project will be able to experience Ferrari World, Yas Links Abu Dhabi, Warner Bros. World Abu Dhabi, Yas Mall and much more on this vibrant and exciting island.

Abu Dhabi International Airport is about 30 minutes by car from Ocean Terrace Tower.

Economic attractiveness

Ocean Terrace Tower is a ready-to-move-in project where buyers and tenants can choose spacious apartments with 1–3 bedrooms. The complex provides its residents with prestigious recreational and fitness amenities.

The main advantage of Marina Square is that foreign nationals are allowed to buy property here with full ownership. If you are considering buying an apartment in Ocean Terrace Tower as an investment, the area offers the highest possible return on investment for one-bedroom apartments, at about 7.7% per annum, as of Q4 2021.

Al Reem Island is a sought-after destination for buyers and tenants, as it features a well-developed infrastructure, plenty of entertainment venues and good transport accessibility to the rest of the emirate.

Project details

Starting Price
On request
ROI
7.20%
Number of Bedrooms
1-3
Location
Marina Square

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