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Global Properties

1 bedroom Apartment in Al Reem Island, UAE No. 17320

$ 220 559
$ 2 657 per m²
1 Bedrooms
2 Bathrooms
83 Living space, m²
Parameters
Bedrooms
1
Bathrooms
2
Living space, m²
83
ID
17320
Type
Apartment
Property description
One of the most exciting residential developments in Abu Dhabi is The Gate Tower, which is situated on Al Reem Island. Investing in this residential development is a promising proposition because it offers a wide range of amenities, a prime location, and the potential for excellent returns.  
 
Features & Amenities:

A multitude of opulent amenities and facilities are available to residents of The Gate Tower:
- Swimming pools and a fully furnished gym
- round-the-clock security and concierge assistance
High-speed elevators and first-rate infrastructure; - A children's play area and secure parking; - Retail and dining establishments within the complex.
- Community leisure amenities

The Gate Tower: Why Invest?
Purchasing The Gate Tower 1 could have the following advantages:
- Prime Location: Considering the high demand in the area, the development's location on Al Reem Island presents an alluring investment opportunity.
- High Rental Yield: The Gate Tower 1 properties may see high rental yields due to the strong demand for residential real estate on Al Reem Island.
- Capital Appreciation: Over time, value appreciation in the area may result from ongoing development.
- Quality of Life: A high standard of living is provided by the array of amenities and facilities, which may appeal to prospective tenants.

About us:

 “Let Our Family Show Your Family the Way Home”

We at OIA Properties Strive to understand our markets and our clients’ needs and we are committed to connecting people not only to their homes but also to their communities, relationships mean a lot to us, and our clients’ needs and interests are at the heart of everything we do, we love what we do and it shows.._05477e53{min-height:3.2rem;display:-webkit-box;display:-ms-flexbox;display:flex;-webkit-box-orient:vertical;-webkit-box-direction:normal;-ms-flex-direction:column;flex-direction:column;-webkit-box-align:center;-ms-flex-align:center;align-items:center;cursor:pointer;height:100%}._05477e53:hover ._22f16be8{-webkit-transform:scale(1.1);-ms-transform:scale(1.1);transform:scale(1.1)}._5772469b{height:10rem;border-top-left-radius:5px;border-top-right-radius:5px;overflow:hidden;-webkit-box-pack:center;-ms-flex-pack:center;justify-content:center}._054375c3, 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Features
Features
  • Double glazed windows and balcony doors
  • Air Conditioners
Outdoor features
  • Electric generator
  • Swimming pool
Statistics Al Reem Island
$ 4 921
Price per m²
182
Quality of Life Index
54
Cost of living Index
Parameters
[:second_city:]
Abu Dhabi
Difference
Monthly Rent Cost
1-Room Apartment
$ 1 576
2-Room Apartment
$ 1 158
Apartment Purchase Price per m²
In the City Center
$ 4 921
Outside the City Center
$ 3 398
Crime Index
11
Cost of Living and Rent Index
48
Purchasing Power Index
127
Property Price to Income Ratio
7
Safety Index
89
Traffic CO₂ Index
6406
Traffic Inefficiency Index
230
Rent Index
41
Health Care Index
72
Groceries Index
45
Pollution Index
45
Traffic Commute Time Index
30
Restaurant Price Index
60
Climate Index
44
Cost of Living Index
54
Quality of Life Index
182
Traffic Index
136
Restaurants
Meal, Inexpensive Restaurant
$ 10.89
Meal for 2 People, Mid-range Restaurant, Three-course
$ 68.07
McMeal at McDonalds (or Equivalent Combo Meal)
$ 9.53
Domestic Beer (0.5 liter draught)
$ 11.71
Imported Beer (0.33 liter bottle)
$ 10.89
Coke/Pepsi (0.33 liter bottle)
$ 1.21
Water (0.33 liter bottle)
$ 0.43
Cappuccino (regular)
$ 5.54
Markets
Milk (regular), (1 liter)
$ 1.92
Loaf of Fresh White Bread (500g)
$ 1.58
Eggs (regular) (12)
$ 3.42
Local Cheese (1kg)
$ 10.61
Water (1.5 liter bottle)
$ 0.60
Bottle of Wine (Mid-Range)
$ 13.61
Domestic Beer (0.5 liter bottle)
$ 2.44
Imported Beer (0.33 liter bottle)
$ 2.35
Cigarettes 20 Pack (Marlboro)
$ 6.26
Apples (1kg)
$ 2.40
Chicken Fillets (1kg)
$ 8.85
Oranges (1kg)
$ 1.81
Potato (1kg)
$ 1.17
Lettuce (1 head)
$ 1.69
Rice (white), (1kg)
$ 2.47
Tomato (1kg)
$ 1.37
Banana (1kg)
$ 1.81
Onion (1kg)
$ 1.40
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 11.27
Transportation
One-way Ticket (Local Transport)
$ 0.68
Monthly Pass (Regular Price)
$ 25.87
Gasoline (1 liter)
$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 45 033
Taxi Start (Normal Tariff)
$ 3.27
Taxi 1km (Normal Tariff)
$ 0.61
Taxi 1hour Waiting (Normal Tariff)
$ 8.17
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 048
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 156
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 98.25
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 52.47
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 3 116
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 63.75
Tennis Court Rent (1 Hour on Weekend)
$ 39.69
Cinema, International Release, 1 Seat
$ 13.61
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 56.60
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 49.41
1 Pair of Nike Running Shoes (Mid-Range)
$ 93.14
1 Pair of Men Leather Business Shoes
$ 93.69
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 656
International Primary School, Yearly for 1 Child
$ 13 363
Oia Properties
Oia Properties
Contact seller
Oia Properties
Oia Properties
Contact seller

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