Al Raha Lofts 2 Abu Dhabi: A Complete Guide for Buyers & Investors
Overview and the Core of the Architecture
Developer & Style: Al-Raha Lofts 2 is the second part in the Al-Raha Lofts series, and it was created by reporting Properties.With curved windows facing a peaceful canal, the architecture is modern looking.
Structure & Units:There are apartments, from smaller in size to larger in size, including three- and four-bedroom apartments with modern technologies..
Abu Dhabi’s Urban Premium Properties Off-Plan Renowned
bathroom bedrooms, modern kitchens, living spaces, guest bathrooms, and rooftops or balconies with views of the canal or surrounding countryside are standard features of each apartment.
Location and Availability
The project, which is located on Al-Raha Beach, has a great coastline site and easy access:
- Recreation: Yas Island attractions, Yas Mall
- Education: Foreign nurseries and schools
- Healthcare: A number of clinics and facilities
- Dining & Shopping: Al Raha Mall, cafes, bakeries, and coffeehouse
Vision & Developer
Following the success of the first building 1, Al Raha Lofts 2 was developed by Reportage Properties. Reportage is renowned for its modern, contemporary design and has won awards for its projects,
Layout & Architectural Design
With its river-facing balconies and elegant waterfall outside, the design gives a great look. The interior facilities include internet wiring, automatic air conditioning, complete kitchens and bathrooms.
Lifestyle Features & Services
Community facilities:
- sports courts (football, tennis), a playground for kids, a gym, a private steam room, a swimming pool, and BBQ places
- Shops and well maintained public spaces
- Tracks for bicyclists and runners, a beach walkway
Parking, multiple lifts, security available around the clock, and personal assistance
Features inside:
- Great views of the canal and surrounding scenery, together with high-end features.
- completely equipped bathrooms, windows with double-glazed glass, internet connectivity, air conditioning, and cupboards; completely equipped kitchens with drawers, hardwood floors, and a few items
Cost and Availability
- For smaller units, starting prices start at about Dirham 950,000 (or approximately USD 259 thousand dollars).
- The starting price per square foot is about AED 1,313.
- Plans for payments: 10% down payment is required, with further payments
- Status of handover: finished and prepared for occupancy
Prospects for Investment and Rental
- High demand for rentals: as of the second quarter of 2021, one-bedroom apartments in Abu Dhabi bring in over AED 70K, while two-bedroom apartments bring in over AED 95K.
- Depending on the size of the unit and the state of the market, some estimates indicate rental income of AED 50,000 annually.
- For professionals, researchers, or companies wishing to invest in or migrate to Abu Dhabi, the area’s proximity to free industrial areas.
The reputation of the developer
- The project’s developer is Reportage Properties. The business has earned honors.
- Among the more recent participants, it has launched global efforts.
Note: Aldar Property Group is the main developer of Al Raha Beach and has created a number of showcase neighborhoods and tourist destinations close to this wider network that makes Al Raha Lofts 2 attractive locally.
Facilities in the Area
Shops & Daily Services: It’s only a short drive or bike ride to supermarkets . There are many bakeries, restaurants, and cafes in the area.
Many nurseries and schools within ten minutes. Additionally, there are local clinics and medical facilities.
An outstanding lifestyle setting is created by the city walkways, the sea views, and the closeness to Yas Island attractions theme parks.
Buyer Factors
Possible difficulties to be aware of:
- Al Raha area buildings have frequently been the subject of management concerns, with facilities occasionally being badly handled or responsive to complaints.
- Storms and other external disasters can cause property damage and when management takes a long time to fix it, it raises concerns and may require extra maintenance.
Benefits & Points to Remember
Advantages:
- Location: Canal views, waterfront, close to everything.
- Flexibility: A variety of rental or personal unit types are available.
- Payment Plans: Captivating financing choices and special deals.
- Credibility of the Developer: solid track record and multiple awards.
Things to Think About
- Market fluctuations: The most recent market data is advised as prices and income estimates are subject to change.
- Management Input: A few subjective complaints from several Al Raha buildings raise issues with management or maintenance performance.
- Competition: Because Al Raha developments are close by, buyers need to assess the products and future values.
Advice for Purchasing and Investing
- Seek Latest Market Data: For the most recent information on pricing, rent income, and resale buyers, speak with local agents.
- Take a Look at the Property: Examine the actual apartments, the facilities, and the level of maintenance.
- Make Payment Terms Clear: Recognize the down payment, the installment plan, any extra fees and any discounts offered by the promotion.
- Assess Lease Demand: To confirm rental income estimates, look up comparable properties in the area.
- Think about Resale Value: Being close to recreational areas and having a waterfront appeal increase resale value. Examine the long-term course.
- Verify Registration Fees: When considering choices, keep in mind that some offers might reduce registration fees.
Conclusion
In the end,I would like to say that a unique residential option in Abu Dhabi, Al Raha Lofts 2 attracts both homeowners and investors due to its stylish architecture, numerous facilities, and ideal location. This development offers attractive value whether you’re looking for a profitable investment or a private lake-view home.
