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Al Reem Island

Al Reem Island, Abu Dhabi, UAE, Abu Dhabi, UAE
AED 500,000 - 15000000

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Overview

Bedrooms1-6
Bathrooms1-5
Area0 sqm
Year BuiltN/A

A major island development in Abu Dhabi, with numerous residential and commercial sub-projects.

Building/Community Amenities

  • 24/7 Concierge
  • Air Conditioning / Central A/C
  • Balcony / Patio / Terrace
  • City View
  • Fitness Center / Gym
  • Furnished Units Available
  • Kitchen Appliances
  • Parking
  • Pool
  • Sea / Ocean View
  • Security
  • Walk-in Closets

Investment Insights

Investment Analysis

Investment Summary

Property Price:AED 500,000
Down Payment (30%):AED 150,000
Total Investment:AED 0
Monthly Rental Income:AED 0
Net Annual Rental Income:AED 0
Future Property Value:AED 0

Key Metrics

Cash-on-Cash Return:0.00%
Cap Rate:0.00%
Total ROI (over 10 years):0.00%
Annualized ROI:0.00%

Legal & Ownership

Legal & Ownership Information

Ownership Structure

Ownership Rights

Full ownership rights (Freehold)

Foreign Ownership

Property Ownership Laws: Foreigners can purchase property in designated freehold areas across the UAE, with Dubai and Abu Dhabi offering numerous options.

Tax Considerations

Property Taxes

property tax, capital gains tax, or rental income tax, significantly enhancing the financial attractiveness of investing in UAE real estate

Transfer Tax

purchase price is payable to the Land Department

Inheritance Tax

capital gains tax, or rental income tax, significantly enhancing the financial attractiveness of investing in UAE real estate

Important Considerations

Restrictions

  • Restrictions: While freehold areas are available, non-GCC nationals cannot purchase land in certain restricted zones, which are reserved for UAE nationals.

Required Documents

    Financing Options

    Financing Options

    Mortgage Calculator

    AED 150,000
    Loan Amount:AED 350,000
    Monthly Payment:AED 0
    Total Payment:AED 0
    Total Interest:AED 0

    Financing in UAE

    The United Arab Emirates (UAE) presents a range of property financing options for foreign buyers, making it an attractive destination for real estate investment. With typical loan-to-value (LTV) ratios for non-residents ranging from 50% to 75%, the UAE offers competitive mortgage terms that appeal to international investors. The UAE's robust economic growth, strategic location, and tax-free rental income for residential properties enhance its allure. Moreover, the streamlined property purchasing process and favorable regulations further position the UAE as a prime choice for property financing.

    Requirements for Foreign Buyers
    • 1
      Valid passport
    • 2
      Proof of income or employment
    • 3
      Three to six months of bank statements
    • 4
      Credit report from home country
    • 5
      Completed mortgage application form
    • 6
      Property valuation report
    • 7
      Down payment proof
    Popular Lenders

    Contact Information

    Aldar, Sorouh, Reem devs

    Aldar, Sorouh, Reem devs

    Property Developer

    Verified

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    www.aldar.com/en

    Contact Developer

    Mention property ID: Al Reem Island when contacting.

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