Description

An exceptional opportunity to acquire a fully operational, high-performing residential tower situated along the prime waterfront of Al Reem Island. Built in 2018, this 14-story residential development delivers an impressive annual return exceeding AED 17 Million. Property Overview: • Year Completed: 2018 • Location: Al Reem Island (Sea View) • Building Height: 58.70 meters • Configuration: Basement + 3 Parking Floors + Ground + 14 Floors Total Units: 138 Apartments • 3 Bedroom Apartments – 41 Units (Size: 1,432 – 1,464 Sqft) • 2 Bedroom Apartments – 70 Units (Size: 1,070 – 1,230 Sqft) • 1 Bedroom Apartments – 27 Units (Size: 784 – 837 Sqft)   Additional Features: • 2 Retail Spaces • Health Club • Garden Area • Sauna & Steam Rooms • Ample Parking • 24/7 Security Current Income: Above AED 17 M Annually Selling Price : 230 M