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Starting from AED 2,330,000
Apartments
About the Project
Located on the northeastern edge of the iconic Al Reem Island, The Kite Residences is a 29-storey residential building, which was developed by Aabar Properties. The development offers a total of 126 bespoke properties, including 2–4 bedroom apartments and penthouses. With living areas starting from 1,700 sq. ft, all residences offer spacious living and dining spaces, and there is also a maid’s room that is included in the majority of the properties. Potential real estate buyers will be keen to learn that the kitchens are fully-equipped with top-of-the-line appliances. The upscale development welcomes its residents with a spacious lobby and is equipped with several high-speed elevators. Moreover, The Kite Residences features CCTV and 24-hour security, along with air conditioning and fire suppression systems.
Available Units
Apartments
Nearby Landmarks
Given the large living areas of the apartments
its convenient location
the availability of social and educational institutions
shops and recreational facilities
the real estate in The Kite Residences is a perfect option for singles and families. Al Reem Island is a sought-after destination among both locals and tourists due to its excellent transport accessibility and its easy access to other parts of the emirate. The spacious properties of The Kite Residences
complemented by its upscale amenities will always be in demand and generate a high income from rentals. As of Q1 2022
two-bedroom apartments are set to generate the highest ROI of up to 5%
with an estimated annual rental price of AED 120K (USD 33K). By purchasing a property in The Kite Residences
you can obtain a 10-year Golden Visa
which allows you to live and work in the UAE for a prolonged period of time
as well as many other benefits.
