Overview

Property Description

Located in the Parkside Residence complex, Parkside Residence B is the second of two towers. The developer was Al Markaz Development and the building was completed in September 2019. Parkside Residence B consists of 17 floors and is located on Al Reem Island in Abu Dhabi. Featuring 1, 2 and 3-bedroom apartments, the residences range in size from 829 to 1,955 square feet. Each 1-bedroom apartment includes a master suite with an adjacent bathroom, a living room with a balcony, a guest bathroom, and an open kitchen with all the necessary appliances. A separate staff room is also included in 3-bedroom residences. Apartments feature marble floors and built-in closets. Panoramic windows overlook the Arabian Gulf. AED 790,000 (USD 215,000) will be the starting price for 1-bedroom apartments in Parkside Residence B in the first quarter of 2023. *Prices are valid for 2021 In Abu Dhabi, Al Reem Island offers a resort lifestyle, making it one of the best places to live. It is one of the first freehold areas in the emirate. Investing in the Parkside Tower B project will provide investors with a steady income when leasing the acquired real estate. The most popular apartment in the complex has one bedroom and an ROI of 6.88%, while apartments with two and three bedrooms provide returns on investment of 6.15% and 5.83%, respectively. Located on a natural island, Parkside Tower B residents enjoy spacious beaches with clean sand, breathtaking scenery, world-class recreational facilities, modern high-end medical facilities and other infrastructure amenities.

Location