Overview

Property Description

Located on Al Reem Island, Marina Bay is a modern, 25-storey mixed-use development in the Najmat community of Abu Dhabi. The complex is located on the eastern part of the island, which means it is a 30-minute drive to the city center and other parts of the emirate. It is a coastal building overlooking the canal. Construction on the project was completed in 2018 by the developer DAMAC Properties. More than 350 properties are available to potential buyers in Marina Bay, which include apartments with 1, 2 and 3 bedrooms, as well as townhouses. All of the residences have panoramic windows with double glazing, and ceramic tiles cover the floors. Residences range in size from 818 to 1,980 sq. ft. A retail store is located on the first floor of the complex in addition to residential real estate. One-bedroom apartments at Marina Bay will cost AED 736,000 (USD 201,000) in the first quarter of 2023. *Prices are valid for 2021 There are many residential and commercial properties on Al Reem Island, as well as schools, hotels, parks, and more. The island also offers a resort-like lifestyle besides infrastructure facilities. As a result, Marina Bay apartments are in high demand. Potential investors are attracted to the project due to its high level of profitability - from 5.2% to 8.7% depending on the type of property.

Location