Development of the Month: Al Mahra Residence by Siadah Development
We’re excited to reveal our latest Development of the Month! For April 2021, we’ll be focusing on Al Mahra Residence in Abu Dhabi. This mixed-use project is located in sustainable development of Masdar City and comprises two mid-rise apartment complexes.
This project has generated significant interest from investors in search of lucrative property investments in the Abu Dhabi’s off-plan sector. Let’s delve into all you need to know about Al Mahra Residence by Siadah Development, including available properties, amenities and more!
About Al Mahra Residence by Siadah Development
Al Mahra Residence Abu Dhabi is an upcoming project that will be a unique addition to the capital’s real estate market. The project will offer spacious, fully-equipped apartments in the heart of Masdar City with charming views of the development.
Al Mahra Residence has a variety of units available for buyers with each building standing eight storeys tall. Furthermore, the project has already garnered a lot of interest from prospective investors who wish to get onto the UAE property ladder — including UAE Nationals, expat residents and overseas investors.
Why invest in Al Mahra Residence apartments?
Its ideal location
Al Mahra Residence is located in Masdar City, a mixed-use urban development that focuses on environmentally-friendly and sustainable projects. Masdar City is situated on mainland Abu Dhabi with an enviable location near key destinations in the emirate. For instance, the Abu Dhabi International Airport is located adjacent to Masdar City, while residents will also appreciate the close proximity to leading attractions such as Yas Island and Al Raha Beach.
Masdar City also shares borders with the well-established community of Khalifa City, previously known as Khalifa City A — an area that is home to some of the city’s top academic institutions including schools and universities.
For a better perspective, we’ve listed the travel time from Al Mahra Residence to notable destinations in Abu Dhabi:
- Abu Dhabi International Airport: 6 minutes
- Yas Island: 10 minutes
- Ferrari World: 10 minutes
- Khalifa City: 13 minutes
- Saadiyat Island: 32 minutes
- Emirates Palace: 31 minutes
- Corniche Beach: 29 minutes
Apart from the aforementioned locations, this upcoming project is also near the vicinity of the Mohammed Bin Zayed University of Artificial Intelligence.
Its elegant apartments
There are various configurations available for apartments in Al Mahra Residence. Overall, the project houses more than 200 units spread across Block A and Block B.
Al Mahra Residence offers properties ranging from studios to 3-bedroom units. The size of these apartments range between 530 sq.ft to 2,134 sq.ft, making it ideal for single professionals, couples and families.
Its abundant facilities and amenities
The Al Mahra Residence project includes all amenities that are essential for the comfort and convenience of its residents! For instance, there are four supermarkets in the vicinity where residents can shop for their daily groceries. Residents will also have access to an expansive courtyard and tree-lined boulevards. Some of the other facilities that those living in the apartments will enjoy include the following:
- Prayer room
- Service elevators
- Central air-conditioning
- Play area for kids
- Maintenance staff
- CCTV security
- Large balconies with nice views
- State-of-the-art gym
- Shaded swimming pool
- Shaded walkways
- 6.5km running and cycling track
- Visitor parking and bicycle parking
Aside from these amenities, residents can also benefit from the other nearby facilities in Masdar City. For instance, the popular My City Centre Masdar is located just 10 minutes away on foot. The mall is known for its range of upscale retail brands, dining options and services. Additionally, residents can also visit the nearby, beautifully-designed Masdar Central Park.
Sustainable development
Similar to other projects in Masdar City, Al Mahra Residence has also been designed according to high eco-friendly standards. For example, all the buildings in the development are fitted with solar panels, reducing energy consumption by over 40%. The development is expected to contribute significantly to the Masdar City ecosystem in functionality, value and aesthetics.
Al Mahra Residence Payment Plan
The apartments for sale in the development are competitively-priced, offering investors and buyers a chance to invest in one of Abu Dhabi’s most popular communities at affordable rates. According to current listings on Bayut, the prices to buy 1-bedroom apartments in Al Mahra Residence start from AED 700k, while 2-bedroom apartments for sale start from AED 1.26M.
Prospective buyers can also find financing options in cooperation with various banks for these apartments in Masdar City. Siadah Development also offers various payment options for buyers looking to invest in Al Mahra Residence.
Quick facts about the project
- Developer: Siadah International Real Estate Development
- Location: Masdar City, Abu Dhabi
- Status: Off-plan
- Types of units: Studios, 1, 2 and 3-bedroom apartments
About Siadah Development
Also known as Siadah International Real Estate Development, Siadah Development specialises in building state-of-the-art sustainable communities in the UAE real estate market. Established in 2018, Siadah Development is based in Abu Dhabi and focuses on sustainable developments that are offer an integrated, environmentally-friendly lifestyle for residents.
Frequently Asked Questions
Where is Al Mahra Residence located?
Al Mahra Residence is located in Masdar City, Abu Dhabi.
When will the construction of Al Mahra Residence be completed?
The project is expected to be completed by the second quarter of 2021.
Can expats buy apartments in Al Mahra Residence?
The project is located in a freehold area, which means that expat investors can purchase property here.
What is it like to live in Masdar City?
Masdar City is an energy-efficient neighbourhood with several residential and commercial spaces. It includes various facilities like universities, schools and retail outlets. Those who are considering a move to the area should check out our comprehensive guide to the pro and cons of living in Masdar City.
Why is Masdar City popular with investors?
Aside from being a sustainable development, part of Masdar City’s appeal comes from being one of the freehold areas in Abu Dhabi. These are investment zones where foreign or non-UAE nationals are allowed to buy property on a freehold basis. Among all of the freehold areas in the capital, Masdar City is especially known for its affordable investment opportunities.
That concludes our guide to Al Mahra Residence in Abu Dhabi. Interested in investing in the emirate’s property market? Take a look at our annual Abu Dhabi sales report for Q1 2021 to learn the most popular areas to buy affordable and luxury property. Our guide to top areas to invest in Masdar City will also reveal more popular projects in the area.
For more updates on newly-launched real estate projects in Abu Dhabi and the rest of the UAE, stay tuned to MyBayut!
