Overview

Property Description

Al Muhaimat Tower is a modern 41-storey building located in the coastal community of Najmat, on Al Reem Island in Abu Dhabi. Located in the center of the island, it is surrounded by landscaped gardens, parks with walking alleys and sports fields, supermarkets and entertainment venues. Arabian Falcon Group implemented the project and commissioned the complex in 2017. According to the developer, the design of Al Muhaimat Tower is inspired by the architecture of Manhattan Island in New York. There are 258 residences in the complex, including studios, apartments with 1, 2, and 3 bedrooms, and penthouses with 3-4 bedrooms. There is a separate staff room for larger apartments and penthouses. Each residence features a large balcony with a sliding glass door. The rooms have ceramic tile floors and panoramic windows that offer spectacular views of Marina Bay and the Arabian Gulf. A spacious four-bedroom penthouse can be rented for AED 235,000 (USD 64,000) per year at Al Muhaimat Tower in Q1 2023. *Prices are valid for 2021 Because of its developed infrastructure and the opportunity to live on the Gulf coast, Al Reem Island is one of the most popular places in Abu Dhabi to buy and rent properties. Al Muhaimat Tower project offers passive income of 7.5% per annum to investors. Potential investors can earn 7.5% per annum from a studio.

Location