Al Raha Lofts One is a modern 6-storey complex, which is located in Al Raha Beach. Al Bandar Marina, a park, various cafes and restaurants are close to the residence, as well as Sheikh Zayed Bin Sultan St, which offers a quick connection to other areas of Abu Dhabi. The development was commissioned by developer Reportage Properties.
There are 164 loft-style residences for sale at Al Raha Lofts One, consisting of studios and 1 to 4-bedroom apartments ranging in size from 392 sq. ft. to 4,335 sq. ft.
The studios in the complex have an equipped, open kitchen, sleeping area and bathroom. The spacious apartments additionally have bedrooms with ensuite bathrooms, a guest bathroom, built-in wardrobes, dressing room and living room. All residences have a balcony or private terrace offering magnificent views of the canal and the neighbourhood.
Facilities and services available at Al Raha Lofts One include:
For the first quarter of 2023, prices for 1-bedroom apartments start from AED 830,000 (USD 225,000) and prices for 4-bedroom residences start from AED 2,653,000 (USD 722,000).
*The price is valid for 2021
Al Raha Beach is a freehold area, so real estate investment here is available to locals and foreigners alike. It is also worth noting the proximity of the necessary infrastructure.
Among the benefits of investing in Al Raha Lofts One is the excellent location. The complex is close to the airport and a lot of other attractions.
The building has all the necessary facilities ranging from covered parking to a gym to great landscaped areas and play areas for children. In short, Al Raha Lofts One is ideal not only for bachelors and young couples, but also for families with children.
An investment in this project can expect a return on investment of between 7.1% and 7.4% depending on the type of property chosen. After buying a residence, if you plan to rent it out, you can expect to get from AED 50,000 (USD 14,000) a year.
*The price is valid for 2021
Lulu Express – Olive Tower Supermarket and Al Muneera Beach Plaza Shopping Centre are a 5-10 minute walk away. Other shops and shopping centres can be reached in 10 minutes by car or taxi.
White Orchid Flower Boutique, Wallet Pet Animal Accessories and Sea View Baqala Food Store are another 10-15 minute walk away.
Health Plus Family Clinic is a 15-minute walk from Al Raha Lofts One. Burjeel Medical Centre and Etihad Visa Screening Center are both within a 10-minute drive.
Etihad Aviation College and Yellow Submarine Nursery are both less than a 10-minute walk from Al Raha Lofts One. First Hope Nursery School and Sunny Meadows Montessori can be reached in 5 to 10 minutes by car.
The Al Raha St/Etihad Airways Centre public transport station is a two-minute walk from the residence. Al Raha Lofts One is a short 10-minute car drive from Abu Dhabi Airport and 20 minutes from Al Bateen Executive.
Al Bandar Marina is just a 5-minute drive away. The popular Yas Waterworld amusement park and Emirates Park Zoo can be reached in 10-15 minutes.
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