Area Overview: Al Reef
Abu Dhabi’s dynamic property market stands as a pivotal force in propelling the emirate towards modernity and progress within the UAE. It offers an array of housing options, from opulent villas boasting unparalleled comfort to contemporary apartments designed for convenience. Within this flourishing landscape, Al Reef boosts the spirit of community living in Abu Dhabi. This community offers a unique blend of modern living and serene surroundings.
Let’s dive into the details of Al Reef and uncover the features it offers.
Bird’s Eye View of Al Reef
Al Reef is a residential development by Manazel Real Estate. It features a mix of residential, commercial and recreational spaces. The two major sub-communities are Al Reef Downtown and Al Reef Villas.
From a bird’s eye view, the landscape is characterised by neatly arranged residential units, lush greenery and a network of well-planned roads. Moreover, the architecture predominantly follows a contemporary Arabian style, adding to the overall aesthetic appeal.
Most of the amenities and facilities such as restaurants, parks, fitness centres, hospitals, pharmacies and supermarkets are located in the centre of the community making them fairly accessible to the residents.
Location of Al Reef
The Al Reef location is southeast of Abu Dhabi city, placed strategically near major highways, providing easy access to key areas of the capital. It is in proximity to the Abu Dhabi International Airport and well-connected to the city centre, making it convenient for residents to commute to work or explore the city.
Some of the nearby communities, which are only 10 to 15 minutes distance away from Al Reef, include:
- Al Raha
- Al Shamkha
- Khalifa City A
- Al Shahama
Whereas, the nearby attractions are:
- Yas Mall
- Masdar City Central Park
- Al Ghazal Golf Club
- Yas Marina
- Sea World Abu Dhabi
- Ferrari World
Properties in Al Reef
Al Reef offers a mix of properties for sale and rent, catering to different preferences and budgets. From spacious villas to modern apartments, residents have diverse options to choose from. According to dubizzle Q3 2023 rental market report of Abu Dhabi, Al Reef stands out as one of the popular affordable areas to rent villas in Abu Dhabi. Whereas, as per Q3 2023 sales market report of the capital city, Al Reef ranks as a popular option to buy apartments in Abu Dhabi.
Disclaimer: The areas mentioned below have been extracted from dubizzle’s data dashboard and do not necessarily represent actual property transactions in the emirate.
The popular areas within Al Reef offering housing options are Al Reef Downtown and Al Reef Villas.
Al Reef Downtown
Al Reef Downtown is the central hub in Al Reef with a mix of residential and commercial spaces. Furthermore, parks, playgrounds and communal spaces create a family-friendly environment, encouraging outdoor activities and social interactions.
Additionally, the community provides essential retail outlets, ensuring convenience for daily needs within walking distance.
Villas in Al Reef Downtown
The price for villas for sale in Al Reef Downtown averages at AED 1,388,000 with a decent ROI of 8.68%. While 2 and 3-bedroom villas have an average selling price of AED 1,200,000 and AED 1,450,000, respectively. Moreover, Al Reef is also considered as one of the areas offering best ROI for villas in Abu Dhabi.
On the other hand, the rental villas in Al Reef Downtown have an average price of AED 118,000, whereas, the price for 4-bedroom rental villas is also the same, that is AED 118,000.
Apartments in Al Reef Downtown
If you are considering apartments for sale in Al Reef Downtown, their average prices round up to AED 799,000, offering an ROI of 8.14%. Smaller families can buy studio and 1-bedroom apartments in the sub-community at average prices of AED 470,000 and AED 567,000. Conversely, larger families can prefer buying 2 and 3-bedroom apartments at average prices of AED 771,000 and AED 1,060,000.
Nevertheless, apartments for rent in the sub-community average at AED 60,000. Whereas, studio, 1 and 2-bedroom apartments have an average rental price of AED 36,000, AED 48,000 and AED 61,000, respectively. Similarly, 4-bedroom apartments in the sub-community have an average rental price of AED 84,000.
Al Reef Villas
Al Reef Villas is a cluster known for its spacious villas and family-friendly environment. This sub-community predominantly features spacious and stylish villas, showcasing traditional Arabian design elements. Moreover, the area also offers apartments in different configurations.
Villas in Al Reef Villas
The average price of buying a villa in Al Reef Villas is AED 1,828,000, offering an ROI of 6.18%. The 2 and 3-bedroom villas in Al Reef Villas have an average selling price of AED 1,170,000 and AED 1,584,000. The sub-community also has options for larger families offering 4 and 5-bedroom apartments at average asking prices of AED 2,186,000 and AED 2,530,000.
Apartments in Al Reef Villas
The average asking price of apartments in Al Reef Villas is AED 1,195,000 with an ROI of 7.66%. While 2 and 3-bedroom apartments for sale in Al Reef Villas averages at AED 800,000 and AED 1,590,000.
Conversely, the average price of rental apartments in Al Reef Villas is AED 98,000. Moreover, 2, 3, 4 and 5-bedroom apartments have an average rental price of AED 78,000, AED 106,000, AED 145,000 and AED 158,000, respectively.
Lifestyle in Al Reef
Al Reef offers a serene and family-oriented lifestyle where residents can experience a fusion of comfort and community engagement. The area encompasses lush green spaces, recreational facilities and culturally inspired architecture. Furthermore, the community promotes an active way of life, instigating a sense of belonging and well-being amidst its diverse range of residential options.
Amenities and Facilities
Al Reef offers a number of amenities and facilities that redefine modern living within the community. Some of these are detailed below:
Recreational Spaces
The community boasts parks such as Quiet Park and Al Reef Camp Park, playgrounds and green spaces, promoting an active and healthy lifestyle.
Restaurants
The community offers a variety of dining options, providing residents with culinary delights to suit diverse tastes. Some restaurants in the locality are:
- KFC
- Subway
- II Forno
- MOS Delight
- Canny Candy Cafe
Swimming Pools and Fitness Centers
Many clusters have communal pools and fitness centres, enhancing the community’s recreational facilities.
Shopping Malls and Supermarkets
The community offers supermarkets within the community including Select Market and Zoom. Additionally, residents can explore nearby malls, such as Yas Mall and Al Raha Mall, for a wider range of retail and dining options.
Education
While Al Reef itself doesn’t host major educational institutions, except for Maple Bear Nursery, it offers a child-centred environment for kindergarteners till the age of 6 years. Other than that there are reputable schools and nurseries nearby, ensuring residents have access to quality education for their children.
Healthcare
Healthcare facilities, including clinics and pharmacies, are available within the community. Ibn Sina Medical Centre is one of the renowned healthcare facilities in the community. Moreover, there are many pharmacies in the area as well, such as Super Care Pharmacy and Life Pharmacy LLC.
Entertainment
Residents can enjoy various entertainment options, such as community events and social gatherings. The proximity to Abu Dhabi city opens up a plethora of entertainment choices, including:
- Yas Island
- Yas Marina
- Emirates Park Zoo
- Ferrari World
- Sea World Abu Dhabi
- Al Raha Beach and many others.
FAQs
Is there transportation available in Al Reef?
Yes, Al Reef is well-connected to other parts of the city through public buses, taxis and services like Uber.
Is Al Reef a freezone area?
Yes, Al Reef is one of the freehold areas in Abu Dhabi. This means that expats can invest in property in Al Reef, however, they must be mindful of the property ownership laws for expats in Abu Dhabi.
That’s a wrap-up of the area overview of Al Reef. It stands out as a well-planned community in Abu Dhabi, providing residents with a balanced lifestyle through its diverse amenities, strategic location and a variety of housing options.
That said, those looking for other housing options can explore this listing of villas for sale in Abu Dhabi to find their ideal residence.
For more area overviews of popular areas in the UAE, stay connected to the dubizzle property blog.