Where can you buy villas and apartments in Al Reef?
Located on the outskirts of Abu Dhabi, Al Reef is a popular choice for those looking for apartments or villas in the capital. The well-planned district offers family-friendly homes in a range of bed types, with modern conveniences. Whether you want to buy villas or flats in the community, here is everything you need to know about property for sale in Al Reef Abu Dhabi.
WHY BUY PROPERTY FOR SALE IN AL REEF ABU DHABI?
Popular among expat investors, Al Reef is one of the most searched-for freehold areas in Abu Dhabi.
The area is ideal for buyers searching for permanent homes in peaceful neighbourhoods. Besides, it is known for its serene ambience which makes it perfect for those who want to live away from the city centre.
The presence of several parks and verdant landscaped areas add to the tranquillity of Al Reef. Its proximity to schools, supermarkets and healthcare centres make it a family-friendly neighbourhood.
Al Reef is also one of the most popular areas for buying affordable villas and apartments in Abu Dhabi, as per Bayut & dubizzle’s Abu Dhabi annual real estate market report 2021.
Without further ado, let’s look at sales trends for apartments and villas in Al Reef.
WHERE TO BUY FLATS FOR SALE IN AL REEF ABU DHABI?
APARTMENTS | AVERAGE SALES PRICE IN AED |
|---|---|
APARTMENTS Studios | AVERAGE SALES PRICE IN AED 478,000 |
APARTMENTS 1-bed | AVERAGE SALES PRICE IN AED 638,000 |
APARTMENTS 2-bed | AVERAGE SALES PRICE IN AED 771,000 |
APARTMENTS 3-bed | AVERAGE SALES PRICE IN AED 1,018,000 |
Those who want to buy apartments in Al Reef can focus their search on the Al Reef Downtown.
AL REEF DOWNTOWN
Comprising 46 buildings, Al Reef Downtown is a popular choice for buying apartments in Al Reef, Abu Dhabi. The development offers over 1,800 apartments across a variety of layouts, ranging from studios to 3-bed units.
Al Reef Downtown puts residents close to several commercial, social and retail facilities. Buyers who wish to live in Al Reef Downtown can take advantage of a play area for kids, a community gym, a swimming pool and proximity to globally-recognised supermarkets like Carrefour and Waitrose.
At present, the apartments for sale in Al Reef Downtown average at
- AED 478k for studios
- AED 638k for 1-bed
- AED 771k for 2-bed units.
- The average cost of 3-bedroom apartments for sale in Al Reef Downtown is AED 1M
When it comes to rental returns, the flats in Al Reef Downtown boast a healthy ROI of 7.7%.
You can look at Al Reef Downtown floor plans to get a better idea of apartment layouts.
WHERE TO BUY VILLAS FOR SALE IN AL REEF ABU DHABI?
VILLAS | AVERAGE SALES PRICE IN AED |
|---|---|
VILLAS 3-bed | AVERAGE SALES PRICE IN AED 1,524,000 |
VILLAS 4-bed | AVERAGE SALES PRICE IN AED 2,176,000 |
VILLAS 5-bed | AVERAGE SALES PRICE IN AED 2,474,000 |
The villas for sale in Al Reef Villas are ideal for those looking for spacious homes in Abu Dhabi. Al Reef Villas offers 2 to 5-bedroom houses with an array of amenities.
Let’s learn more about the area as well as the cost and ROI of properties here.
AL REEF VILLAS
Al Reef Villas is a popular area for home investments in the city. Buyers can choose between a range of beautifully designed villas in 2 to 5-bedroom configurations. The gated community has 24-hour security, a play area for kids and more.
Al Reef Villas caters to families and is close to several reputable schools, including the Virginia International Private School (VIPS) in Shakbout City. Moreover, the city’s best amusement parks like Ferrari World, Yas Waterworld and Warner Bros World Abu Dhabi are located in proximity.
The average sales price of the villas in Al Reef Villas is:
- AED 1.5M for 3-bed
- AED 2.1M for 4-bed
- AED 2.4M for 5-bed houses
The houses in Al Reef Villas offer excellent rental yields of 6.2%.
- 5 BEDS
- |
- 6 BATHS
- |
- 2940 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 3747 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1193 SQFT
- 3 BEDS
- |
- 4 BATHS
- |
- 2423 SQFT
FAQs
IS AL REEF WORTH LIVING IN?
Offering a diverse property portfolio and easy access to amenities, Al Reef is an ideal community to live in. The added advantage of living in the community is that it lies close to Abu Dhabi International Airport and is thirty minutes away from the mainland.
WHAT IS THE SALES PRICE OF A HOUSE IN AL REEF?
You can buy a house in Al Reef at a minimum price of AED 1.1M.
- 5 BEDS
- |
- 6 BATHS
- |
- 2941 SQFT
- 5 BEDS
- |
- 6 BATHS
- |
- 2940 SQFT
- 2 BEDS
- |
- 3 BATHS
- |
- 1831 SQFT
That brings an end to our guide on places to buy property for sale in Al Reef Abu Dhabi. Al Reef is also a popular area for buying and renting affordable villas in Abu Dhabi.
However, it’s a good idea to consider the many benefits of living in Al Reef before buying property here.
Aside from investors, Al Reef is a popular choice for tenants. Those looking to rent here can consider this guide on renting in Al Reef to get a better idea of average yearly prices.
For more updates on sales trends in Al Reef and the rest of the UAE, stay tuned to MyBayut.
