Marina Bay is a modern, 25-storey, mixed-use development in the Najmat community of Abu Dhabi, on Al Reem Island. It is a coastal building overlooking the canal. The complex is located on the eastern part of the island, which allows for a 30-minute drive to the centre of the emirate and other areas of the city.
The project was implemented by the developer DAMAC Properties. Completion of construction took place in 2018.
More than 350 properties are available to potential buyers in Marina Bay, which are represented by apartments with 1, 2 and 3 bedrooms, as well as townhouses. Residences range in size from 818 to 1,980 sq. ft. There are panoramic windows with double glazing in all the rooms, and the floors are covered with ceramic tiles.
In addition to residential real estate in the complex, there are retail stores on the first floor.
Residents of Marina Bay have access to the following amenities:
At Marina Bay, one-bedroom apartments will cost AED 736,000 (USD 201,000) in the first quarter of 2023.
*The price is valid for 2021
Al Reem Island has well-developed infrastructure; there are many residential and commercial properties, as well as schools, hotels, parks, etc. In addition to infrastructure facilities , the island offers a resort-like lifestyle. Therefore, there is always a high demand for apartments for rent in Marina Bay.
A rather high level of profitability – from 5.2% to 8.7% depending on the type of property – increases the interest in the project of potential investors.
The famous Carrefour and Bite supermarkets are within a 5-minute walk from the complex. Al Maya, Lulu Express, Armaan and Dikkan Saifan supermarkets are a 10-minute walk away.
Al Reem Island has many medical facilities. NMC, Cleveland Clinic, Al Reem Medical Center, and Burjeel Day Surgery Center are all within a 10-minute drive.
There are also several kindergartens about the same distance from Marina Bay. The most popular ones are Mosaic Nursery and Hummingbird Nursery.
Several schools are located within a 15-minute drive of the complex. GEMS World Academy enrols students up to 5th grade and the curriculum is based on the British education system.
Paris-Sorbonne University Abu Dhabi is located in the central part of the island.
Al Reem Island is connected to the mainland of Abu Dhabi by two bridges. One of them provides transport links directly to the urban areas, the second to Al Maryah Island. Thanks to the bridges, the drive to the attractions and business centres of the emirate takes no more than half an hour.
There are several bus stops within walking distance of Marina Bay. T Approximate driving times to some key destinations are as follows:
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