By The Sea Tower is a 9-storey complex on Al Reem Island in Abu Dhabi. It was developed by Al Beed Investment Group. Construction was completed in the fourth quarter of 2020.
Real estate in the building is represented by apartments with 1-3 bedrooms, as well as luxury sky villas with 4 bedrooms. The total area of the residences ranges from 785 to 3,991 sq. ft.
All apartments are finished in a contemporary style and have all the necessary furniture. The apartments have central air conditioning, Wi-Fi Internet and cable TV support. Panoramic windows overlook the Arabian Gulf and the surrounding island.
By The Sea Tower offers many amenities; residents have access to the swimming pool, spa centre, gym, and underground parking. There is a playground for families with children and, for added security, there is video surveillance on the territory of the complex.
Reem Central Park and a landscaped waterfront are nearby, which offer ample opportunities for relaxing and active recreation, such as walking alleys with fountains and benches, bike paths along the mangroves, children’s play areas, skateboarding areas, and multi-purpose courts.
Rental rates for residences at By The Sea Tower in March 2023 range from AED 65,000 to AED 275,000 (USD 17,500-75,000) per year.
The starting price for buying a one-bedroom apartment is AED 787,000 (USD 215,000).
*The price is valid for 2021
Thanks to the fresh sea air and lack of industrial enterprises nearby, Al Reem Island has earned the status of being environmentally friendly. It is in demand among families with children and professionals who want to live closer to work, but away from the hustle and bustle of the city. The high demand for real estate on the island, coupled with an average ROI of 6.6%, attracts investors.
By The Sea Tower is located on a natural island. In addition to the white sandy beaches within walking distance of the complex, it offers all the necessary social and entertainment infrastructure.
There are several supermarkets within a 5-10 minute walk of the complex, among them being Daily Mini Mart Food and Salla Supermarket.
Reem Mall with more than 450 stores, restaurants and cafes, plus many attractions and the largest indoor snow park in the world, Snow Abu Dhabi, is within 15-minutes’ walking distance.
The major medical facilities, Reem Hospital and Burjeel Day Surgery Center, are 5-10 minutes away by car. Al Salama Hospital, Cleveland Clinic Abu Dhabi, Dar Al Shifa Hospital, Burjeel Hospital, Corniche Hospital, Perfect Balance Rehabilitation Center, and Cleveland Clinic Abu Dhabi are a 15-minute drive away.
Campus Rose of the popular Repton School is a 10-minute drive away. Other schools nearby are Abu Dhabi Grammar School (Canada), INSEAD Middle East Campus, Polaris Private Academy, and Cranleigh Abu Dhabi.
For families with children, there are several nursery schools on the island: Hummingbird Nursery, Mosaic Nursery, Giggles English Nursery, Early World Nursery, Sesame Street Private Nursery, and Bright Beginnings Nursery.
There are several bus stops within walking distance of By The Sea Tower: Al Qud St/Union National Bank and Al Qud St/Beach Towers. Al Shematri Street, Al Shifa Bint Abdullah Street and Al ‘Oud Street, all of which are close by, provide quick access to any part of the city. Abu Dhabi International Airport is about half an hour away.
At a distance of 15-20 minutes away are:
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