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30 Renting and buying 31

LEASING GUIDE

Abu Dhabi villas

d
PROPERTY’S
Al Reef Villas, near Amenities include Khalidiya Village: gym, pool and other

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the airport: This two- a communal pool, g A villa community recreational facilities.

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ua
bedroom villa offers club house, gym, park, ran located in Al Khalidiya Rents: Start from
generous living space gardens and 24-hour has four to six- Dh230,000 per annum
and includes a back yard. security bedroomed homes on Contact:
Compiled by Sarah Alphanso, writer; map: Jacob Hernandez/ANP There is an open-plan Rent: Dh110,000 pa offer. Residents have Khidmah,

pick
kitchen, a laundry room Contact: Elysian Real access to a clubhouse, 800 544 624
and extra storage space. Estate, 02 409 0000 which includes a

AREA 1. Airport Road 2. Al Bateen 3. Al Raha Gardens 4. Al Reef 5. Al Karama 6. Al Muroor 7. Al Nahyan 8. Bain Al Jessrain 9. City Centre area 10. Corniche 11. Golf Gardens 12. Khalifa City A 13. Khalifa City B 14. Marina 15. Mangrove 16. Mushrif
Village Village

2-bed Dh100-Dh150 Dh160-Dh190 hDh105-Dh115 Dh100-Dh150 Dh100-Dh160 Dh160-Dh200 Dh100-Dh140 Dh220-iDh240 Dh90-Dh120 Dh70-Dh120 Dh160-Dh220

3-bed iDh120-Dh180 Dh190-Dh240 Dh170-hDh280 Dh115-hDh135 iDh140-Dh200 Dh140-iDh170 iDh140-Dh220 Dh180-Dh240 Dh170-hDh230 iDh150-Dh220 hDh260-Dh320 hDh120-Dh180 Dh90-Dh170 Dh180-Dh250 hDh230-hDh250 Dh170-hDh260
Size

4-bed Dh160-hDh280 Dh170-Dh300 Dh250-Dh350 Dh130-hDh165 iDh180-Dh260 Dh160-iDh220 Dh180-Dh270 Dh200-hDh300 Dh180-Dh250 Dh180-Dh320 iDh310-iDh340 hDh175-hDh235 hDh150-hDh220 Dh300-Dh500 Dh270 iDh200-hDh280

5-bed Dh180-hDh320 iDh250-Dh400 Dh160-hDh210 Dh200-Dh330 Dh180-iDh300 Dh240-iDh300 Dh220-Dh300 Dh200-hDh360 Dh200-Dh350 Dh400-Dh550 Dh170-Dh240 Dh130-Dh240 Dh350-Dh750 hDh240-Dh330

6-bed Dh400 -Dh500 Dh200-Dh400 Dh200-iDh280 Dh150-Dh280 hDh250-Dh350

7-bed

Source
Info
Did you
know? Projects offering
All rates in Dirhams ’000
Better Homes Elysian Real Estate Khidmah hiArrows indicate increase or
LLJ Property decrease in rental rates in comparison
with last month
rent-to-own schemes AREA 17. Mohammad
Bin Zayed City
18. Officers
Gate City
19. Sas Al Nakhl

Rental pricing could vary depending on the quality of villas Information is correct at the time
(prime and old), size, amenities and facilities, views, finishes of going to press and is subject to n Sun Tower, Al Reem Island n Al Zeina and Al Bandar, 2-bed Dh80-Dh120 Dh160-Dh200
and the number of cheques payable change without prior notice Developer: Sorouh Real Estate Al Raha Beach (unsold units)
The scheme provides tenants Developer: Aldar Properties 3-bed Dh100-hDh150 Dh180-iDh220 Dh180-Dh210

Size
or first-time buyers the right Tenants will be required to
Th to own their apartment in the pay a fixed rent for two years 4-bed hDh125-Dh170 Dh180-hDh335 Dh220-Dh240
corre numbe tallest tower (almost 1,000 feet with 100 per cent of the first
to th espon rs high) on Al Reem Island after year’s rent and 90 per cent 5-bed hDh150-Dh200 Dh200-iDh360 iDh250-Dh310
liste e area d three years of leasing. Tenants of the second year’s rent
d s will be able to convert 90 per converted into a deposit 6-bed hDh180-Dh240
cent of the rent into equity. towards purchase at the
current sales price. 7-bed

Market Exclusiv
e
pulse
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versus absorption.” Though villa


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rental rates for Q3 were relatively
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Dhab quarter, villas in off-island
Abu
locations such as Mohammad
Bin Zayed City and Khalifa City
Al Kh
Maqta
Bridg
saw a 5 per cent decline on an
aleej e
Al Ara
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ad
by Asteco.
Musa Road
ffa Bri
dge Airport With handovers being delayed, it Also, strong rental demand
is understood that the capital’s has been witnessed by residents’
property sector has adapted who wish to upgrade and secure
strategies to curb oversupply. better-value homes. “Golf AL ZEINA, AL RAHA BEACH
Ab

However, Loshini Lawrence, Gardens, Al Gurm Villas, The These four-bedroom townhouses provide spacious living spaces and
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operations manager – Better Hills are some projects that include a large family room, en suite bedrooms, a maid’s room, storage
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Homes, Abu Dhabi warns, offer good value for money,” and laundry area with a closed-plan kitchen. The project offers direct
in
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“Taking into account the pipeline Loshini says. While, emerging access to the beach.
17 developments and current communities such as Saadiyat Facts and figures:
handovers, the market may Beach Villas (inset) and Al Zeina Rent: Dh250,000 per year in two cheques
reach a stage of oversupply have triggered new interest. Contact: Better Homes, 02 667 8722

www.propertymagazine.ae www.propertymagazine.ae
32 Renting & buying 33

LEASING GUIDE

abu dhabi apartments

d
PROPERTY’S
Al Murjan Tower, Mushrif. pool, gym and parking Sky Tower, Al Reem include an infinity

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A brand new property on spaces. g Island: A 74-storey pool, kid’s pool, tennis

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Passport Road, the tower Rents: Starting from ran tower, the building and squash courts
offers spacious living Dh60,000 for a studio offers one, two, three and a gym.
spaces with studios and with a payment plan of and four-bedroomed Rents: From
Compiled by Sarah Alphanso, writer; map: Jacob Hernandez/ANP one- to four-bedroomed two cheques. apartments and Dh100,000 upwards

pick
homes. It also features Contact: Khidmah penthouses. The Contact: LLJ Property,
a rooftop swimming (800 544 3624) leisure facilities 02 495 0500

AREA 20. Al Bateen 21. Al Raha 22. Al Reef 23. Al 24. Al Mina 25. Al Muroor 26. Al Nahyan 27. Al Reem 28. City Centre 29. Corniche 30. Defence 31. Electra 32. Hamdan 33. Khalifa Bin 34. Liwa Street 35. Mussafah 36. Mushrif
Beach Khalidiyah Island Street Street Street Zayed Street

Studio Dh40-Dh60 Dh80-iDh90 Dh40-Dh60 Dh30-Dh70 Dh35-iDh55 Dh40-iDh50 hDh45-iDh50 iDh30-iDh50 hDh40-Dh70 Dh35-iDh55 Dh35-iDh60 hDh45-iDh50 hDh28 -iDh30 iDh35-hDh60
Size

1-bed Dh60-Dh110 Dh105-hDh150 hDh80-hDh130 hDh65-Dh80 iDh45-iDh70 Dh65-Dh120 Dh80-iDh100 hDh65-iDh80 hDh100-hDh130 iDh45-iDh70 hDh65-Dh90 hDh65-iDh80 hDh65-iDh70 hDh65 -iDh70 hDh45-hDh65 hDh65-hDh95

2-bed hDh145-Dh160 Dh130-Dh250 iDh100-Dh110 hDh100-hDh195 hDh130-Dh150 Dh70-iDh90 Dh80-Dh160 Dh120-iDh180 hDh80-iDh120 hDh130-Dh170 hDh80-iDh95 hDh80-iDh135 hDh75-iDh110 Dh70-hDh140 hDh80 -iDh90 hDh65-iDh70 hDh80-iDh120

3-bed hDh170-iDh210 Dh180-iDh280 iDh125-Dh140 hDh130-Dh220 hDh145-Dh180 hDh95-hDh185 iDh120-hDh220 iDh140-iDh210 hDh125-Dh180 hDh170-iDh220 Dh125-iDh150 Dh125-Dh180 iDh110-iDh140 hDh125-hDh185 hDh125-iDh140 iDh75-iDh90 Dh125-iDh140

4-bed Dh215-Dh240 Dh250-Dh330 Dh170-Dh190 Dh215-Dh240 Dh140-Dh200 Dh220-Dh300 hDh155-Dh200 Dh215-iDh240 hDh155-iDh170 hDh155-Dh200 hDh155-iDh170 hDh155-Dh200 hDh155 -iDh170 Dh155 - Dh170

Info
Source
All rates in Dirhams ’000 AREA 37. Mohammad 38. Najda Street 39. Tourist Club Area
hiArrows indicate increase or decrease Decline in average apartment Bin Zayed City

-6%
Asteco Better Homes Elysian Real Estate Khidmah
LLJ Property Gulf News property classifieds
in rental rates in comparison with last rents in Q3 2011 in comparison
month with the preceding two Studio hDh28-iDh30 hDh40-iDh50 hDh45-Dh50
Information is correct at the time of quarters of this year,

Size
Rental pricing could vary depending on the quality of villas
going to press and is subject to change
(prime and old), size, amenities and facilities, views, finishes
without prior notice
according to Asteco’s Real 1-bed Dh40-iDh50 Dh50-iDh70 Dh60-Dh80
and the number of cheques payable
Estate Monitor
2-bed iDh55-iDh70 iDh60-iDh90 hDh80-iDh120

3-bed Dh80-iDh90 Dh95-iDh140 hDh115-iDh140

4-bed Dh140-Dh200

24 Market e
pulse Exclusiv
39 The two- and three-bedroomed
33 27 units are appealing to both new BAYNUNAH TOWER, ABU DHABI
34 and existing residents who are Prominently located on the
38 currently [living] in dilapidated Corniche, next to Hilton Baynunah
29 32 inner city dwellings.” Hotel, this new mixed-use tower
28 22
31 In terms of developments right is close to the beach. The tower
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oa on the money, Al Reem Island comprises 148 spacious apartments
Ai

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rni has all the draw cards, while in a stunning mix of two-, three-
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i - Du Al Zeina on Al Raha Beach, and four-bedroom homes and


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20 25 Abu
comprising 952 apartments, has a penthouse. The flats, which come
36 21 added a significant new supply with balconies and a maid’s room,
to the market. offer views of the Arabian Gulf.
Al Kh Maqta
aleej
Al Ara
Bridg
e Apartment rents in Abu Dhabi Areas appealing to families Residents have parking and
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ad declined only 6 per cent in are Al Khalidiyah, Corniche and a 15 per cent discount on food and
comparison with the preceding Bateen, while properties on beverages at the Hilton Baynunah
Th Musa Airport
Road

corre numbe
ffa Bri
dge quarters, according to property Al Reem Island and in Al Muroor next door. Also, they receive

to th espon rs
consultancy Asteco’s Q3 report. area are attracting young membership to the Skyline Health

liste e area d
Andrea Menown, leasing professionals. Club at the hotel.
Ab

manager, LLJ Property, feels the The five-building Etihad Rents per annum: Dh160,000 for
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current supply of properties is Towers (inset) on the Corniche, two-bedroomed, Dh230,000 for
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35 37
in

adequate to cope with demand. which is expected to be handed three-bedroomed and Dh310,000
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ad

“With an increasing number of over in phases later this year, is for three-bedroomed units and
younger residents, one-bedroom aimed at global professionals Dh625,000 for a penthouse.
properties remain sought-after. arriving in the capital city. Contact: Asteco/ 02 626 2660

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