Overview

Property Description

It was developed by Al Beed Investment Group and completed in the fourth quarter of 2020. The building includes apartments with 1-3 bedrooms as well as luxurious sky villas with 4 bedrooms, ranging in size from 785 to 3,991 square feet. Featuring modern furnishings, air conditioning, Wi-Fi Internet and cable TV support, all apartments have panoramic views of the Arabian Gulf and surrounding islands. There are many amenities at By The Sea Tower, including a swimming pool, spa, gym, and underground parking, as well as a playground for children. For added security, video surveillance is installed throughout the complex. A landscaped waterfront and Reem Central Park are nearby, offering many activities for relaxing and active recreation, including walking alleys with fountains and benches, bike paths along the mangroves, children's play areas, skateboarding areas, and multipurpose courts. AED 65,000 to AED 275,000 (USD 17,500-75,000) per year is the rental rate for residences at By The Sea Tower in March 2023. One-bedroom apartments start at AED 787,000 (USD 215,000). *Prices are valid for 2021 Al Reem Island is known for its clean sea air and lack of industrial enterprises. It is in high demand among families with children and professionals who want to live closer to work, but away from the hustle and bustle of the city. Investors are attracted to the island because of the high demand for real estate and the 6.6% average ROI. In addition to the white sand beaches within walking distance of the complex, By The Sea Tower offers all the necessary social and entertainment facilities.

Location