Al Reef Villas — project image
✓ Resale Available

Al Reef Villas

From AED 1.70M·Completed Dec 2021·Developer payment plan available Payment
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AED 1.70M
Starting Price
Dec 2021
Handover
Developer payment plan available
Payment Plan
2 BR · 3 BR
Type

Project Overview

Al Reef Villas is a residential villa complex by developer Manazel Real Estate, located in the Al Reef community in Abu Dhabi. The project embodies the concept of a closed family settlement: the villas are organically integrated into the surrounding landscape. The exterior of the complex combines modern architectural solutions with traditional elements of the Middle Eastern style. A special highlight of the project are four unique architectural trends: Arabian with arched openings , Desert with laconic shapes and natural shades, Mediterranean with terracotta tiles and tiled roofs, and Contemporary with a minimalistic design. The villas are available in 2-5 bedroom options, which allows you to choose accommodation for families of any composition. The interior decoration is focused on comfort and durability: high-quality materials and neutral tones are used in the design, and the thoughtful layout of the rooms provides functionality and a sense of spaciousness. Residents of the complex can use the developed infrastructure: swimming pools, fitness areas, playgrounds, landscaped gardens and recreation areas. The territory is guarded around the clock, convenient Parking spaces are provided. The complex is located in convenient transport accessibility: Abu Dhabi International Airport can be reached in 15 minutes, Yas Island and Ferrari World in 10-15 minutes, and the Al Forsan sports Resort in about 10 minutes by car.

Project Specifications
DeveloperManazel Real Estate
LocationAl Reef
Unit Types2 BR, 3 BR, Apartments
AreaAl Reef
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 73,355 / year
Cash-on-Cash
2.2%
Levered cashflow AED 17,255
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 782,000 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Manazel Real Estate.

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Payment Structure

Developer payment plan available

Published payment summary

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Amenities & Lifestyle

Bike path
Children’s pool
Jogging tracks
Landscaped garden
Parking
Security and CCTV
Shared Pool
Walking paths

Location

Al Reef

Nearby Destinations

Al Reef

Developer and Project Facts

01

Al Reef Villas by Manazel Real Estate

02

Located in Al Reef

03

Starting from AED 1,700,000

04

Unit mix includes 2 BR, 3 BR, Apartments

05

Expected handover: Dec 2021

06

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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