Overview

Property Description

The Leonardo Residences in Masdar City was developed by Reportage Properties LLC and completed in 2019. In total, there are 175 residential units, including studios and one- to three-bedroom apartments ranging in size from 380 square feet to 2,195 square feet. Units feature bathrooms, spacious living rooms, dining rooms, and kitchens. Italian-style balconies offer beautiful views of the surrounding area. There are bedrooms with built-in closets and adjoining bathrooms, as well as guest bathrooms and terraces that can be converted into cosy sitting areas in apartments. There is a minimum price of AED 527,000 (USD 144,000) and an annual rental rate of AED 42,000 (USD 12,000) for studios as of Q1 2023. *Prices are valid for 2021 There are many reasons to invest in real estate at Leonardo Residences, including its location. The neighbourhood has a developed infrastructure and good transport accessibility. It is located in an environmentally friendly, self-sufficient area near the capital of the country. In addition to social, commercial, and leisure facilities within walking distance, residents have easy access to local amenities. Located in a freehold area, Leonardo Residences is available to both locals and foreigners. A return on investment rate of 6.5% to 8% is typical for units. Studios have a return on investment rate of 7.5%.

Location