AED 580,000

Own this from just

2,386 AED/month
Studio
1 Bathroom
539 sqft / 50 sqm
APARTMENT FOR SALE IN AL MAHA TOWER, MARINA SQUARE

Open View| Low Floor| Huge Studio| Maha|

This lovely studio is located in Al Maha Tower, in Marina Square Compound, Al Reem Island. This studio is located on a low floor and covers the size of 538 square feet. The studio has the following:

* Bathroom with bathtub.
* Open plan kitchen separated from the living room.
* Huge living room with wall-to-wall windows and built-in cabinet.
* One allocated parking spot.
* Gym and swimming pool access.


Marina Square Compound is one of the most popular compounds in Al Reem Island. That is due to its close proximity to Abu Dhabi and several restaurants, supermarkets and different amenities.

Marina Square lies at the entrance of Reem Island, its few minutes away from Al Reem Mall. The compound is lively and full of life. Purchasing this studio has a great potential for investment. The minimum net ROI is 6%. Other alternatives would be furnishing the studio and getting a higher rent on a course of 2,3 years. Being more aggressive in your investment, you could obtain a short home holiday license and list it for short term.

Property details

Property Type

Apartment

Property Size

539 sqft / 50 sqm

Bedrooms

studio

Bathrooms

1

Available from

18 Jun 2024


Amenities

Central A/C

Shared Pool

Security

Covered Parking

Shared Gym

Children's Pool

Children's Play Area

Barbecue Area


Location

Map preview
Al Maha Tower
Residential Insights

Price Range:

580K-1.5M AED
Al Reem Island
Community Insights
3.9/587 building reviews

Price Range:

530K-150M AED

Price Insights

This property costs 12% less than the average price of studio bedroom in Al Reem Island

Average Sale Price is 660,883 AED

This property is 8% bigger than the average size of studio bedroom in Al Reem Island

Average size is 498 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Reem Island

Provided by

Pierre Ibrahim

4.0

Diamond Key Properties

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Response time

within 30 minutes

Experience

12 years

Closed Deals

1

Languages

English, Arabic

See agent properties (31)

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300,000 AED35,000,000 AED
20%
116,000 AED464,000 AED
1 year25 years

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Monthly payment

2,386 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

DKP-S-003

Listed

6 months ago

Broker License

CN-1059312

Agent License

202401381679

Call

Pierre Ibrahim

4.0

Usually responds within 30 minutes

Own this property from just

2,386 AED /month

Fixed rates from: 3.75%

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