Ocean Terrace
Project Overview
Ocean Terrace is a residential complex by developer Mismak Properties, located in the Marina Square area on Al Reem Island in Abu Dhabi. The building forms an expressive silhouette of the urban landscape and sets a high standard of modern life in the UAE capital. The architectural appearance of the complex is characterized by laconic lines and panoramic glazing, which maximizes the views of the marina and the Persian Gulf. The facades are made using high-quality materials that emphasize the status of the project. Apartments in Ocean Terrace are presented with 1-3 bedrooms and combine functionality and elegance. The interior is decorated with attention to detail: modern air conditioning systems are installed, spacious dressing rooms and ergonomic kitchens with basic equipment are provided. Floor-to-ceiling panoramic windows visually expand the space and fill it with light. Residents of the complex enjoy a wide range of amenities: adult and children's pools, a fitness center with sauna and steam room, landscaped gardens with walking paths, and a playground. Round-the-clock security and a video surveillance system guarantee security. The complex is conveniently located near key points of the city: Al Maryah Island and The Galleria Mall can be reached in 10 minutes, the Saadiyat Island cultural district and Yas Island entertainment district are 20-25 minutes away, and Abu Dhabi International Airport takes about 30 minutes by car.
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.
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
Astraterra Properties
Official Documents
Download official marketing materials from Mismak Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Reem Island
Nearby Destinations
Developer and Project Facts
Ocean Terrace by Mismak Properties
Located in Reem Island
Starting from AED 2,100,000
Unit mix includes 2 BR, Apartments
Expected handover: Jan 2012
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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