Tara Park Phase 1
Project Overview
Tara Park Phase 1 is a prestigious residential complex in the heart of Reem Island, featuring contemporary architecture designed for comfortable urban living. The complex consists of two residential towers connected by a common podium and configured with a ground floor, podium, and eighteen residential floors. The project offers a collection of 340 residences, featuring one-, two-, and three-bedroom apartments. The apartments are designed with an emphasis on natural light, functionality, and comfort, with views of landscaped green gardens. The complex features swimming pools, a fitness center, a yoga studio, a padel court, a multi-purpose sports field, a children's playroom, a shaded garden lounge, a coworking and study area, open workspaces, an art studio, a community kitchen, an indoor retail courtyard, an early childhood education center, and on-site security. Tara Park Phase 1's location provides convenient access to key points: Downtown Abu Dhabi, ADGM, and The Galleria Mall are 5 minutes away; Louvre Abu Dhabi is 15 minutes away; Disneyland Abu Dhabi is 23 minutes away; Zayed International Airport is 25 minutes away; and Downtown Dubai is 90 minutes away. Sorbonne University, Repton School, and Cleveland Clinic Abu Dhabi are also nearby.
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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Astraterra Properties
Official Documents
Download official marketing materials from Modon.
Payment Structure
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Amenities & Lifestyle
Location
Nearby Destinations
Developer and Project Facts
Tara Park Phase 1 by Modon
Located in Reem Island
Starting from AED 2,673,000
Unit mix includes 2 BR, 3 BR, Apartments
Expected handover: Dec 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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