Leonardo Residences
About Leonardo Residences
(sq. ft.)
Leonardo Residences is a six-storey complex located in Masdar City. The project was developed by Reportage Properties LLC and completed in 2019.
There are a total of 175 residential units. Properties include studios and one- to three-bedroom apartments that range in size from 380 sq. ft. to 2,195 sq. ft.
Studios have bathrooms, spacious living rooms, dining rooms, and equipped kitchens. Units also have Italian-style balconies with sliding doors that offer beautiful views of the surrounding areas.
Apartments have bedrooms with built-in closets and adjoining bathrooms, as well as guest bathrooms and terraces that can be converted into cosy sitting areas.
The complex provides a variety of amenities and services, including:
- Covered parking
- High-speed elevators
- Barbecue area
- Swimming pool
- Fitness room
- Playground and game club
- Landscaped gardens
Leonardo Residences is located on the landscaped central boulevard in Masdar City. There is a park area next to the complex with walking paths and sports facilities. The park also hosts cultural and entertainment events.
Leonardo Residences Prices
As of Q1 2023, studios have a minimum price of AED 527,000 (USD 144,000) and an annual rental rate of AED 42,000 (USD 12,000).
*The price is valid for 2021
Property Information
- Location Masdar City, Abu Dhabi, UAE
- Developer Reportage Properties
- Status of Project Completed
- Type of Project Residential Building
- Units Studios-3BR Apartments
- Area from 380 sq. ft.
- Total Amount of Unit 175
Why Invest in Leonardo Residences
One of the main reasons to invest in real estate at Leonardo Residences is its location. It is situated in an environmentally-friendly self-sufficient area near the centre of the country’s capital. The neighbourhood has a developed infrastructure and good transport accessibility. Residents have easy access to social, commercial, and leisure facilities that can be reached within walking distance.
Leonardo Residences is located in a freehold area, which means that properties can be purchased by locals and foreigners.
Units have a return on investment rate that ranges from 6.5% to 8%. Studios are some of the most profitable properties and have a return on investment rate of 7.5%.
Supermarkets
For groceries and household goods, residents can shop at Carrefour Supermarket, which can be reached within a five-minute walk of the complex. My City Centre Masdar is situated within the same distance and offers many brand-name stores and popular restaurants.
Souq Planet at Etihad Plaza, Waitrose Supermarket, and Spinneys are located within a 15-minute walk.
Education and Healthcare
Ryan International School, Canadian International School, Khalifa City A School, and First Hope Kindergarten can be reached within a 10-minute walk of the apartments.
For medical care, residents can go to Al Noor Hospital, The Doctors Medical Centre, Mediclinic Khalifa City, and NMC Royal Hospital, which are situated within a 10- to 15-minute drive.
Location
The nearest bus stop, Al Ibda St/Al Mahra Residences, is located within a five-minute walk of the residences. Al Diyafah Street, which connects Masdar City to Sheikh Zayed Bin Sultan Street, can be reached in a few minutes.
Abu Dhabi International Airport is situated within a 10-minute drive.
Al Ghazal Golf Club, Al Forsan International Sports Resort, Al Raha Beach, and Yas Waterworld are located within a 20-minute drive. The latter features the world’s longest roller coaster and a floating movie theatre.
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Metropolitan Premium Properties
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