Al Raha Lofts One by Reportage Properties

About the project

Al Raha Lofts One is the first phase of the large-scale residential development of Al Raha Lofts in the popular Al Raha Beach area in ​​Abu Dhabi. The developer of the project is Reportage Properties, which was founded in 2014.

The residential complex consists of 2B + G + 6 + R storeys and features studios, 1–4 bedroom apartments, two-bedroom lofts, and two and four-bedroom duplexes. The total area of the properties range from 398 sq. ft. to 4338 sq. ft, and the windows and private terraces in each residence, offer gorgeous views of the canal or the waterfront. Al Raha Lofts One also includes retail spaces.

Residences are equipped with kitchen cabinets and countertops, as well as a fridge, a washing machine and a stove. All bedrooms have built-in wardrobes, and the bathrooms are styled with tiles and include all the necessary fixtures and fittings.

Key advantages

Residents in Al Raha Lofts One can choose from a variety of amenities to enjoy, including a swimming pool, a gym, a children's playground, a tennis court, a soccer field, covered parking, a barbecue area, and much more.

Infrastructure

The Al Rahah St / Etihad Airways Centre bus stop is located next to the complex, and the supermarket, Lulu Express — Olive Tower is also within walking distance. Al Raha Mall and My City Center Masdar can both be reached within a 10-minute drive.

As for educational institutions, Yellow Submarine Nursery — Al Muneera, Yellow Submarine Nursery — Al Zeina and First Hope Nursery, as well as Raha International School, Gardens Campus and ICS Khalifa City — International Community Schools (ICS) Branch 3, are all within a 10-minute drive from the development.

It takes 10 minutes’ to drive to NMC ProVita International Medical Center and Madinat Khalifa Healthcare Center.

Residents of Al Raha Lofts One have access to a natural sandy beach and the marina at Al Raha Creek, which is about a 10-minute drive away.

Al Raha Lofts One is located in the southeastern part of Al Raha Beach, on Al Raha Street. Residents of the complex have quick access to Sheikh Zayed Bin Sultan Street and Abu Dhabi Al Shahama Road.

Within a 15-minute drive of Al Raha Lofts One is the entertainment district of Yas Island. In addition to malls, restaurants and stores, you can enjoy water sports, visit Yas Waterworld Abu Dhabi, Ferrari World Abu Dhabi, Yas Marina Circuit, or stroll along the Yas Marina promenade.

Abu Dhabi International Airport is a 10-minute drive away.

Economic attractiveness

Al Raha Beach is one of the most attractive and sought-after areas in Abu Dhabi, with more than 3K residential units. There is a gorgeous natural sandy beach, shops, restaurants, a marina, a golf club, and many other entertainment options which make it a very versatile area that caters to all ages. Within half an hour's drive, you can reach key points of the emirate and major tourist destinations, such as Yas Island. Due to its location, accommodation in Al Raha Lofts One will be convenient for both UAE visitors and families with children who want to permanently reside here.

Properties in Al Raha Lofts One are an attractive long-term investment option. Al Raha Beach is the second most popular neighbourhood in Abu Dhabi among foreigners, and the annual rental prices here are higher than the average for the region. The average annual rental price for a one-bedroom apartment in Al Raha reaches AED 76K (USD 21K) as of Q2 2021. Renting an apartment with two bedrooms will cost at least AED 115K (USD 31K) per year, and a three-bedroom apartment will cost AED 156K (USD 42K). These figures indicate that the average return on investment will range from 6 to 7.2%.