Marina Bay by DAMAC Al Reem Island Abu Dhabi
Established in 2002, DAMAC has garnered a high-standing name when it comes to luxurious structures. The giant organization boasted an impressive $382 million profit in 2022 and is expected to keep expanding. Marina Bay is one of the many successful projects presented by DAMAC properties that boasts a prime location in Najmat Abu Dhabi. The complex is close to popular attractions like the Reem Central Park, Yas Island’s recreational facilities, and the Sheikh Khalifa Grand Mosque.
The surrounding Najmat community is filled with other residential areas, a beach, schools, resorts, a mall, commercial spaces, and business properties. This development is situated within Al Reem, which is a natural island located near the coast of Abu Dhabi. The building complex overlooks a picturesque round marina, and there’s a main bridge connecting the island to the mainland, which is easily accessible from Al Zawiyah Street.
Overall, Marina Bay by DAMAC in Najmat Abu Dhabi offers a profitable investment opportunity. With its location, surroundings, community, and amenities, this development has a resort-like lifestyle advantage and a strategic location.
Properties for Sale or Rent in DAMAC Marina Bay
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Overview
DAMAC completed the project construction in 2018. The DAMAC Marina Bay building is 25 stories with over 350 housing apartment units. Potential residents can find units as small as 453 sq ft or as big as 1,878 sq ft. The complex offers a range of unit options, including one to three-bedroom and studio apartments.
Each residence enjoys panoramic double-glazed windows overlooking the canal. Meanwhile, the floors are all covered in ceramic tiles. The architectural style of the complex is primarily modern.
Marina Bay by DAMAC in Najmat Abu Dhabi is located adjacent to the canal off the coast of Abu Dhabi and on the southwestern side of Al Reem Island. Subsequently, the drive to the mainland isn’t too far off —only about 15 minutes by car.
The island boasts a friendly community and easy access to multiple locations, such as schools, parks, and landmarks. In addition, the residential tower is surrounded by attractions and restaurants that are within a reasonable walking distance.
The apartment complex features 24-hour maintenance and public transport. Additionally, the complex enjoys enhanced safety through its 24/7 video surveillance system.
Overall, owners of this Abu Dhabi complex benefit from a high return on investment. Besides that, Marina Bay holds other benefits including Grade A construction, freehold real estate status for expats, and accessibility for all nationalities.
Subdistricts and Communities in Reem Island
Al Reem Island is comprised of six main subdistricts:
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The DAMAC Marina Experience
Upon entering Marina Bay by DAMAC, residents are greeted by the concierge. As they walk further, they’ll find five elevators and two service lifts. Most of the residential tower’s facilities are on the third floor, including the BBQ area, kids' play area, sauna, functions hall, single-gender gyms, and swimming pool. The pools have an allocation schedule for females and males. In turn, this DAMAC complex fulfills most recreational requirements, whether it involves taking a dip or grilling meat. There’s ample opportunity for residents to explore their surroundings.
For an all-round shopping experience, there’s a wide range of malls nearby, from grand options like Galleria and Al Reem Mall to more quaint spots like Shams Boutik and Madinat Zayed Shopping Centre. In terms of restaurants, Marina Bay by DAMAC is surrounded by multiple exceptional dining locations. For instance, residents can opt for a family-friendly healthy meal at Park House. Alternatively, there’s Super Poke and Smoking Doll located in Shams Boutik for Asian cuisine.
Aside from dining and retail, Marina Bay by DAMAC also centers around exciting attractions. Residents can visit Reem Central Park or Mangrove National Park, where sports courts and waterside views are available.For sightseeing, the Louvre Abu Dhabi and Sheikh Zayed mosque are about a 20-minute drive away from this development.
In short, the apartment complex offers a well-suited location for exploring diverse dining, retail, and tourist experiences.
How much is the Marina Bay by DAMAC Al Reem Island service charge?
The service charge for Marina Bay by DAMAC is AED 16 for every sqft. Which means that for every square foot of an apartment in in this complex AED 16 must be paid. So for a 453 sqft studio, a AED 7,248 service charge is billed.
How much is the Marina Bay by DAMAC Al Reem Island service charge?
The service charge for Marina Bay by DAMAC is AED 16 for every sqft. Which means that for every square foot of an apartment in in this complex AED 16 must be paid. So for a 453 sqft studio, a AED 7,248 service charge is billed.
How much are residential unit prices in DAMAC Marina Bay?
- Studio apartments start from AED 545,000.
- One-bedroom apartments start from AED 580,000.
- Two-bedroom apartments start from AED 900,000.
- Three-bedroom apartments start from AED 1.16 million.
How much are residential rent prices in DAMAC Marina Bay?
- Studio apartments start from AED 43,000 (annually).
- One-bedroom apartments start from AED 49,000 (annually).
- Two-bedroom apartments start from AED 68,000 (annually).
- Three-bedroom apartments start from AED 90,000 (annually).
The Amenities and Features of DAMAC Marina Bay
The tower holds a mini retail shop on the first floor, and residents also have access to other facilities and amenities including multi-level underground parking, and with the attractions and landmarks in Reem Island and beyond, there is never a dull moment in DAMAC Marina Bay. Education, shopping, healthcare, and dining are all conveniently found within a short distance for residents of this great complex.
Marina Bay by DAMAC in Najmat Abu Dhabi is hardly rivaled when it comes to amenities and facilities. The complex has a relaxing spa, jacuzzi, swimming pool, and sauna, plus more entertaining options like a playroom with billiard tables, Carrom, and table football.
- Swimming Pool
- Jacuzzi
- Gymnasium
- Steam and Sauna Rooms
- Massage Rooms
- Game Rooms
- Children’s Play Area
- BBQ Area
- Retail on the Ground Floor
Fortunately, there’s no shortage of retail choices near Marina Bay by DAMAC in Najmat Abu Dhabi. Residents can explore options like Reem Mall, Paragon Bay Mall, Shams Boutik, and Galleria at a short distance and even more options a longer distance away.
Marina Bay by DAMAC in Al Reem Island offers an ideal location for all kinds of cuisines and restaurants. Whether it’s a quick Thai bite or a fine-dining Japanese experience, the area is well-rounded.
Marina Bay by DAMAC in Najmat Abu Dhabi is home to multiple world-renowned educational and health facilities. The majority of the schools are within less than 15 minutes away.
