Fairmont Marina Residences — project image
✓ Resale Available

Fairmont Marina Residences

From AED 4.25M·Completed Feb 2022·100% down payment Payment
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AED 4.25M
Starting Price
Feb 2022
Handover
100% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Fairmont Marina Residences is a residential complex by National Investment Corporation, located on Al Kasir Island in Abu Dhabi. Two towers, comprising a basement level, a ground level, and thirty eight residential floors with apartments, are connected by an arched structure, creating an elegant silhouette over the waters of the Persian Gulf, blending Arabian luxury with modern style. The complex offers apartments with 1-4 bedrooms. The residences offer an atmosphere of comfort with premium finishes and spacious layouts. Residents can enjoy amenities such as a pool, tennis center, fitness center, and Willow Stream Spa. Apartment owners also receive privileges at the Fairmont Marina Resort. Additional services include cleaning, childcare, personal chefs, and event organization, along with a rental system managed by Fairmont, making the project attractive for both living and investment. The convenient location in Abu Dhabi ensures quick access to key city areas. The Corniche waterfront is 5 minutes away, Marina Mall and Heritage Village are 10 minutes away. The cultural center of Saadiyat Island with the Louvre Abu Dhabi museum can be reached in 15 minutes, while Abu Dhabi International Airport is a 30-minute drive away.

Project Specifications
DeveloperNational Investment Corporation
LocationAl Kasir
Unit Types2 BR, Apartments
AreaAl Kasir
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 183,225 / year
Cash-on-Cash
2.2%
Levered cashflow AED 43,099
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.95M / 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 National Investment Corporation.

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Payment Structure

100% down payment

Published payment summary

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Amenities & Lifestyle

Adults Pool
Beach Access
Children’s pool
Concierge Service
Conference room
Coworking zone
Dining outlets (coffee houses & restaurants)
Infinity pool
Kids Play Area
Landscaped garden
Leisure areas
Lift
Lobby
Lounge
Nanny
Retail outlets
SPA
Sauna
Shared Pool
Shared gym
Tennis court

Location

Fairmont Marina Residences location map
Project location

Nearby Destinations

Al Kasir

Developer and Project Facts

01

Fairmont Marina Residences by National Investment Corporation

02

Located in Al Kasir

03

Starting from AED 4,246,232

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Feb 2022

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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

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RERA Registered
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Property Enquiries

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

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