Azure

Azure is a luxury 29-storey residential complex in the Shams community on Al Reem Island in Abu Dhabi and was developed by Masaood Developments LLC. Construction was completed in 2019.

The complex features 339 stylish 1- to 2-bedroom apartments and one penthouse. Residences range in size from from 770 to 1387 sq. ft.

All apartments have light colours , a dining room with a living room, a separate kitchen, bedrooms with bathrooms and built-in closets, a guest bathroom with a rain shower, and a spacious balcony or terrace. The residences are equipped with a smart home system. Large panoramic windows offer stunning views of the surrounding island and the blue waters of the Arabian Gulf.

Azure has such amenities as an infinity pool, sauna and spa, gym, barbecue area and conference room. There is also a separate pool and outdoor play area for children. Parking is available on three underground floors. 24-hour security and video surveillance is provided on the territory.

One aspect that makes Azure stand out is its location right on the waterfront. The complex is surrounded by landscaped gardens for residents to enjoy walking and recreational activities.Reem Central Park is nearby and offers all sporting possibilities, including a skatepark and tennis courts.

In March 2023, the cost of 1-bedroom apartments will start from AED 800,000 (USD 220,000). You can rent this type of property for AED 60,000 (USD 16,000) per year.

Al Reem Island is popular thanks to its developed infrastructure. Within close proximity to the Azure complex are stores, cafes and exclusive restaurants, educational institutions and medical centres , and many entertainment venues.

Purchasing real estate in the Azure project with the subsequent lease is a profitable investment in the long term. Payback rate is quite high – 7.5% for 1-bedroom apartments.