The locality overview of Al Reem Island and Al Raha Beach, Dubai
Abu Dhabi is rapidly becoming a regional hub for business and real estate development.
Residents in the capital are considering migrating to Al Reem Island to locate a property because of the various improvements and forthcoming projects. With no shortage of waterfront buildings, one region in Abu Dhabi has piqued the curiosity of users more than others: Al Reem Island. On the other hand, Al Raha is an Abu Dhabi mixed-use development and renowned recreational resort. It is separated into two precincts, Al Raha Beach and Al Raha Gardens, which are further subdivided into 11 sub-communities. Al Raha Beach lies closer to the seashore on a public beach along Sheikh Zayed Bin Sultan Street, E10, which connects the city to Dubai. Al Raha Beach, with its 5.2 million square meters of natural beach coastline, is a bustling community that offers magnificent waterfront living at its finest.
Price Trends
In terms of pricing, a studio flat in Al Reem Island may be rented for as little as AED 35k per year. Annual rates for 1-bedroom flats in Al Reem Island range between AED 45k and AED 130k. Those searching for a larger home can rent 2-bedroom flats for AED 60k per year to AED 199k per year. Furthermore, there are 3-bedroom flats for rent in Al Reem Island starting at AED 92k per year and going up to AED 215k per year. Rental costs for four-bedroom apartments in Al Reem Island range between AED 180,000 and AED 270,000 per year. A 5-bedroom apartment may be rented for AED 250k per year. While singles and young professionals looking to relocate might discover studio apartments in Al Raha Beach for an average yearly rent of AED 62k and 1-bedroom flats for AED 76k. The covered space for studios ranges from 530 to 650 sq. ft., whereas 1-bed apartments are typically 800 sq. ft. Rents for somewhat larger apartments, like 2-bed flats near Al Raha Beach, begin at AED 70k per year.Furthermore, a 3-bedroom flat for rent costs an average of AED 155k and has an area of 1,500 sq. ft. to 1,700 sq. ft. 4-bedroom flats in Al Raha Beach, on the other hand, cost an annual rent of around AED 216k.
Things to think about
There are a few things to think about before deciding to live on Al Reem Island. Residents may live a pleasant lifestyle with quality amenities right outside their door. During peak hours, the bridges linking Al Reem Island Abu Dhabi to the main city can get clogged. Ongoing building in the neighborhood is also fairly large, which means that while homeowners will ultimately have access to even more world-class amenities, they will also have to live near a construction site. However, as a resident, you can be certain that after everything is said and done, the new projects will only make the region a better place to live.
Likewise, Al Raha Seaside residents enjoy excellent amenities as well as a lovely beach neighborhood to call home. However, there are a few things to think about before packing your belongings and moving to this beautiful region. While there are children’s play spaces in the villages of Al Muneera and Al Zeina, Al Raha Beach does not yet have its public park. In terms of parking places in the region, homeowners can park their automobiles in specified areas, but visitors must pay to park. Another source of irritation is the ongoing building in the region. Some community projects are still in the works, therefore there are a few building sites near Al Raha Beach. On the plus side, it just means that Al Raha Beach residents have exciting recent innovations to look forward more to!
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
