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Al Reem Island, Abu Dhabi
AED 1029.13 /sq ft
Studios-2BR Apartments, 4BR Penthouses
Completed
Al Reem Island
Marina Square is the neighbourhood where Al Maha Tower is located. Paragon Bay Mall and Reem Mall are nearby, and Hazza Bin Zayed The First St is an easy drive to Abu Dhabi's mainland. Tamouh Investments LLC completed construction of the tower in 2011. In the skyscraper, there are 428 residences: studios, spacious 1-2 bedroom apartments, and luxurious 4-bedroom penthouses. All suites and penthouses feature spacious bedrooms, a bright living room, a fully-equipped kitchen, a dining area, and balconies with stunning views of the Arabian Gulf. Studios start at AED 530,000 (USD 144,000) and apartments at AED 695,000 (USD 189,000) as of Q1 2023. *Prices are valid for 2021 There are many residential and commercial properties in Marina Square, which is a freehold area, so foreigners can invest in real estate as well as locals. The ROI for the area varies between 6.35% and 11.24%. In particular, Al Maha Tower has the advantage of being close to all necessary social infrastructure. From kindergartens to veterinary clinics to parks to large shopping malls, everything is nearby. You can also enjoy the stunning view of the Arabian Gulf and the marina from the skyscraper. It is possible to make from AED 40,000 (USD 11,000) a year renting a residence after you buy it. AED 170,000 (USD 46,000) is the cost of renting the penthouse.
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