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Properties for Sale in Makers District

Makers District
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About Makers District

Makers District is a small neighbourhood by IMKAN on Al Reem Island. It is a neighbourhood that will attract creative and entrepreneurial people from all over the world. Makers District is connected to the Abu Dhabi mainland by two bridges, and Al Maryah Island and Saadiyat Island are nearby. The master plan for the district includes the construction of mixed-use complexes, offices, a hotel, shops, cafes and restaurants.

Makers District covers an area of 1,900,000 square feet. The development is divided into several phases, the first of which will include the construction of 1,000 residences. The district has been designed by renowned architects from around the world, such as UAE-based Dewan, the Dutch firm MRDV and the Danish firm Bjarke Ingels Group.

The neighbourhood consists of studios and apartments. The residences include en-suite bedrooms, a fitted kitchen, panoramic windows overlooking the marina, a walk-in dressing room, a lounge and a staff room. All complexes have 24-hour security and their own underground car park with Makers District also having plenty of guest parking.

The chic Khor Laffan Bay area offers an idyllic lifestyle for creative people. There is a public beach and there are plenty of supermarkets, restaurants, cafes and other amenities nearby.

Trends and property values in Makers District

Properties in Makers District include studios and 1-4 bedroom apartments. The first project, and the most popular complex, is Pixel. It is a mixed-use complex of seven mid-rise buildings. It has not only residential properties, but also shops and offices. The residences range in size from 468 sq ft to 4,359 sq ft.

According to Property Finder, an elegant studio can be bought for AED 640,000 (USD 174,000) as of the first quarter of 2023. Apartments featured in the Pixel complex are priced from AED 898,000 (USD 244,000).

*The price is valid for 2023

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Why investors choose Makers District

Makers District is a freehold district. Not only can UAE nationals buy property in this area, but expatriates can as well. Makers District is considered to be the ideal place for creative professionals to live: it attracts artists, craftsmen, small and medium-sized businesses, and more.

During the design of the neighbourhood, special attention was paid to its environmental friendliness. Makers District plans to introduce technology that will reduce energy consumption and carbon emissions.

Al Reem Island has the highest ROI at 8.4% in studios. One- and two-bedroom residences are in second and third place with an ROI of 7.2% and 6.7%, respectively. Four-bedroom apartments are considered the least profitable. Investors in these properties can expect a 6.1% ROI.

If you plan to rent out the studio or apartment, your annual income will be AED 35,000 (USD 10,000).

*The price is valid for 2023

Benefits of Makers District

Makers District is located away from the hustle and bustle of Abu Dhabi, so residents can enjoy a relaxed and peaceful lifestyle. The area’s main advantage is considered to be its proximity to the beach and water activities.

There is good transport accessibility, well-developed infrastructure and several other attractions within walking and transport accessibility.

Schools, Kindergartens, Universities

Repton School is in the area and is based on the British curriculum and the Early Years Foundation Stage (EYFS).

There are nursery schools on Al Reem Island, such as Mosaic Nursery and Playhouse Nursery. These are about 10 minutes away by car.

Paris-Sorbonne University is a 5-minute drive away. This university boasts an unusual dome-shaped campus. It provides students with all the necessary facilities like an abundance of cafeterias, a student sports centre and a huge library.

Hospitals

Medical facilities, including Burjeel Hospital and Cleveland Clinic, are a 5-minute drive away and NMC Specialty Hospital is a 10-minute drive away.

Transport

Makers District can be reached by public transport via buses 67, 71 and 73. Taxi services are also available to residents of the area. The area is linked to Al Reem Island by two highways, which provide residents with easy access to any part of Abu Dhabi.

The Abu Dhabi Mall is about a 40-minute trip by public transport, and the Abu Dhabi International Airport and Yas Island are both about an hour and a half away.

Entertainment

Al Reem Mall is a 10-minute drive from the area. It is a new shopping mall which has a large indoor snow park, as well as 450 shops, fast food chains, cafes, restaurants and a multi-screen cinema.

There are several parks around the island that offer a variety of recreational activities. One of the most popular recreational spots is Reem Central Park. There are many cycling and jogging paths in the area that you can use for sports.

Eastern Mangrove National Park, Abu Dhabi City Golf Club, Zayed Sports City Ice Rink and Corniche Beach are all within a 15-20 minute drive. A 35-40 minute drive will take you to Yas Island, home to Ferrari World, Warner Bros World Abu Dhabi and SeaWorld Abu Dhabi, an oceanarium.

Buying property with Metropolitan Capital Real Estate LLC

Metropolitan Capital Real Estate LLC is one of the leading real estate companies in the UAE. We cooperate with locals and expatriates who are interested in real estate in the Emirates. Our clients can expect a personalised approach. We offer the right property for you according to your tastes and budget.

Metropolitan Capital Real Estate LLC staff will help you choose a property for sale or rent. All offered options will meet your expectations. You can also count on legal advice and assistance with mortgages.

Contact Us

Metropolitan Premium Properties

  • [email protected]
  • +971 4 428 6151
  • 36th-38th Floor, Al Salam Tecom Tower,
    Internet City, Dubai, UAE

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