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1 Bedroom 67.6 m2 | RENAD TOWER, Al Reem Island | furnished | $537,181
Fully furnished 1 Bedroom apartment of 67.6 m2 in the project RENAD TOWER by Tiger Group on Al Reem Island, Abu Dhabi.
The apartment is located on the 3rd floor of a 37-storey tower, has a balcony, clean finish and urban views. The price includes furniture and household appliances.
Planning
On page 8 of the presentation, the layout of a specific unit is presented. This is a full-fledged 1 Bedroom, not a studio.
Panoramic glazing combines the living space with the balcony and adds natural light to the apartment. The object card also indicates an additional separate bathroom.
About the project
RENAD TOWER is a 37-story residential tower from the Tiger Group on Al Reem Island. The project offers furnished apartments with 1-3 bedrooms, panoramic windows, balconies and designer finishes. The completion date is the III quarter of 2026.
For residents, there is a developed infrastructure:
Page 10 of the presentation shows a full gym, and page 11 shows an outdoor pool with lounge zones.
Conditions of purchase
The cost of a particular apartment is $537,181.
Payment plan:
10% – down payment;
70% during construction;
20% - installments for 2 years after delivery.
The purchase tax is 2%.
Thus, part of the cost can continue to be paid after receiving the finished object.
The project materials state the planned ROI from the lease of 7-9% per annum. This is a project forecast, the actual profitability of a particular apartment depends on the costs and the chosen rental strategy.
