Renad Tower
1 - 3 BR
Bedroom Apartments
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Starting Price
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Handover
DESCRIPTION
The Renad Tower on Al Reem Island exemplifies modern luxury living and theisland’s dedication to innovation, offering top-notch amenities and blending Emiraticulture with advanced technology, symbolizing the unwavering commitment toluxury and innovation
Renad Tower embodies the Emiratispirit, blending traditional architecturwith modern luxury for a timeless look. The sleek exterior captures centuriesof grandeur, representing Abu Dhabi’sculture and progress. As an iconicreminder of the region’s history, itstands elegantly in the surroundingskyline.
Discover Renad Tower, Al Reem Island – a luxurious -37 story residential complex blending traditional UAE culture with modern amenities. Perfect for both permanent and temporary stays, it offers something for everyone. Experience the unique blend of luxury and tradition today.
Luxurious comfort is reflected in the interior, which boasts spacious living areas and ample natural light. Natural materials like wood and marble add warmth and texture, blending modern fittings with Emirati identity. It embodies Abu Dhabi’s spirit and offers luxurious living.
Location
Renad Tower is located on Al Reem Island, a prime location in Abu Dhabi with proximity to the canal. The surrounding community offers a grand aura with beaches, serene seating areas, running tracks, walking paths, dining options, and leisure spaces. This ensures that residents have access to the best of both worlds, connecting them to the natural beauty of the island while maintaining convenience and accessibility to the city’s key areas. Specifically, it is situated at Building Number 52 – Floor M, Hifayif St – Al Nahyan – Abu Dhabi.
Return on Investment
Renad Tower Apartments offer an excellent investment opportunity in the Abu Dhabi real estate market, known for its stability and high returns on investment. As the capital city, Abu Dhabi plays a crucial role in this dynamic market. Renad Tower’s reputation for excellence and prime location in the vibrant heart of Al Reem Island make it an attractive choice for both homeowners and investors.
The demand for quality housing in the UAE continues to grow, and Renad Tower’s luxurious amenities, breathtaking views, and strategic location provide a unique and lucrative investment opportunity. With a wide range of units available, from cozy studios to spacious three-bedroom apartments, there’s something to suit every lifestyle and budget.
Al Reem Island was the most in-demand district for property rental in H1 2023. The average cost of a 1-bedroom apartment for rent in the area is AED 57K (USD 16K) per annum, and the estimated ROI constitutes 5.2%, as of Q3 2023. Purchasing apartments in the complex is a lucrative investment, as owners can lease their real estate and benefit from the thriving rental market in Al Reem Island.