Overview

Property Description

The Hydra Avenue complex was built by Hydra Properties in the City of Lights community on Al Reem Island. Buildings range in height from 24 to 29 floors and are connected by a podium with stores, restaurants, and underground parking for 2,500 cars. There is a private beach and marina within walking distance of the complex, as well as jogging paths and athletic fields. By design, Hydra Avenue is futuristic: smooth facades combine with panoramic glazing and in the evenings, architectural lighting illuminates the complex. The towers have studios ranging in size from 424 to 815 square feet and 1- to 3-bedroom apartments ranging in size from 944 to 1782 square feet. AED 420,000 (USD 115,000) will be the starting price for studio apartments in Hydra Avenue in the first quarter of 2023. Monthly rent starts at AED 34,000 (USD 9,000). *Prices are valid for 2021 Al Reem Island is considered a popular area for investing in new modern projects. There is a guarantee of return due to the interest in the project: a complex equipped with recreational and entertainment amenities attracts tenants. A 7.2% average return is guaranteed. Hydro Avenue is located in the coastal community of City of Lights, which further increases its popularity. In addition to shopping, social, and entertainment infrastructure within walking distance, residents here have access to a wide range of amenities. Al Reem Island is a panoramic view from the complex, built on the Arabian Gulf coast.

Location