The Wave, Al Reem Island

HIGHLIGHTS

About The Wave

Al Reem Island has developed and gained rapid prominence in the last couple of years. As one of the newest developments in the emirate, Al Reem Island offers a host of ultra-modern residences that combine luxury with affordability. The Wave is a prominent example of this dynamic.  Located in Najmat, right across the Marina waterfront promenade, the 23-storey mixed-use development offers a multitude of properties. From a total of 229 residential units, you can find an array of apartments and duplex penthouses that are contemporary and spacious, offering amazing views of the marina and the city'€™s skyline. Besides the residential flats, The Wave has 11 office spaces and four retail units.

The exquisite architecture sets the tower apart. There'€™s a large opening at the centre of the building, surrounded by a podium that pays homage to traditional Islamic courtyards. The U-shaped podium acts as a central hub, connecting residents of the Wave with both the Marina and the street side. The project has been developed by Aabar Properties, one of Abu Dhabi'€™s leading investment companies. Construction was completed in September 2014. Apartments and offices are freehold properties, which further increases their demand in the market.  

In A Nutshell 

  • Type of building: Mixed-use
  • Location: Najmat, Al Reem Island
  • Developer: Aabar Properties
  • Date of completion: September 2014
  • Number of floors: 23
  • Number of units: 229 residential flats, 11 offices and 4 retail shops
  • Unit type: 1 to 4-bedroom apartments and penthouses
  • Type of Ownership: Freehold
  • Amenities: A fitness centre, spa and roof gardens

BUILDING DETAILS

Facilities in The Wave

Covered parking in Wave Tower, Al Reem Island is available for all residents. There are a total of 402 car parking spaces in the building, and at least one space is allotted per apartment. 

The Wave has 24-hour security with CCTV surveillance. Maintenance staff keeps the building in a pristine condition.

One of the key features of The Wave is the availability of outdoor and recreational spaces. These include a common BBQ area on the terrace. 

There is a full-fledged gym in Wave Tower, Al Reem Island with equipment for fitness enthusiasts of all levels, such as weights, treadmills and cycles.  Also, taking a dip in an exclusive, outdoor pool that overlooks the Marina is a one-of-a-kind experience. Residents can find a shared sauna and Jacuzzi in the building as well.

A children'€™s play area keeps the young residents of the building thoroughly engaged. The Wave has tennis and squash courts as well. 

24-hour concierge services are also available, including doorman services. 

The Wave Floor Plans

  • 1-bedroom apartments in The Wave consist of one unit type
  • 2-bedroom apartments in The Wave consist of four different unit types
  • 3-bedroom apartments in The Wave consist of two different unit types
  • 4-bedroom penthouses in The Wave consist of two different unit types
  • 4-bedroom townhouses in The Wave consist of one unit type

PropertyDigger has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you'€™re interested in by browsing The Wave Floor Plans.

Apartment Types in The Wave

The tower features more than 200 apartments including 1, 2, 3, and 4-bedroom apartments and penthouses. These sleek, spacious apartments have a contemporary design and bring an artistic approach to living spaces. All residential units provide the facilities needed for a modern lifestyle along with features that promote community and outdoor living.  

The tower has 48 1-bed flats, with covered areas ranging from 797 sq. ft. to 1,050 sq. ft. 1-bedroom apartments in Wave Tower, Al Reem Island have a foyer, a kitchen, a dining area, a living area, a master bedroom, two bathrooms, a wardrobe and powder room for extra space. The kitchen features a stylish design with elegant cabinets while the bathrooms have superior quality fixtures and fittings.  

Moving on, 2-bedroom apartments in Wave tower, Al Reem Island constitute the greatest number of residential units in this building. A total of 116 2-bedroom flats are available for interested buyers and tenants with covered areas ranging from 1,037 sq. ft. to 1,600 sq. ft.

These units include a foyer, powder room, open kitchen with cabinets and appliances, living area with appliances, dining area, two bedrooms, two or three bathrooms, wardrobe, and a laundry room with washing machine. The balcony offers amazing sea views. Not to mention, the apartments are centrally air-conditioned and have well-finished ceramic flooring and walls. 

More than 60 3BHK flats appeal to those in search of larger waterfront apartments. Boasting covered areas between 1,575 sq. ft. and 2,000 sq. ft., these units have a foyer, a powder room, three bedrooms, three bathrooms, a kitchen, a living area, a dining area, a balcony, a wardrobe, a laundry room, a maid'€™s room and maid'€™s bathroom.

3-bedroom apartments in Wave Tower, Al Reem Island also have double-glazed windows that bring adequate natural lighting into the apartment which is already accentuated with the beautiful pendant lighting. 

Finally, there are four penthouses in Wave Tower, Al Reem Island. These luxurious units have four bedrooms, four bathrooms, along with a maid'€™s room and bathroom. Residents also get both elevator and stair access. 

Most Popular Apartment Types in The Wave

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 4-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on PropertyDigger.com over the past 12 months

PropertyDigger.com'€™s search data shows that 2-bedroom flats are the most popular in The Wave with 1-bedroom apartments on the next spot. They are followed by 3-bedroom flats on the third spot while 4-bedroom penthouses wrap up the list.

Rental Trends in The Wave

Apartments for rent in The Wave have the following pricing details.

  • You will find 1-bedroom apartments for rent in The Wave priced between AED 55k and AED 60k.
  • 2-bedroom apartments for rent in The Wave have prices ranging between AED 79k and AED 110k
  • 3-bedroom apartments for rent The Wave can cost you AED 125k to AED 150k per year

Rental prices may vary according to covered areas, among other factors. For example, you can find a 1-bed unit for rent at 60k per year as well with coverage areas of approximately 800 sq. ft. Despite the size of the unit, apartments in The Wave provide all the facilities needed for a modern lifestyle along with features that promote community and outdoor living. The same is true for Al Reem Island apartments for rent in general. Not to mention, tenants can pay rent in multiple cheques as well. 

Sale Trends in The Wave

Pricing details of Apartments for sale in The Wave are given below.

  • Prices of 1-bedroom apartments for sale in The Wave range from AED 680k to AED 800k.
  • 2-bedroom apartments for sale in The Wave have prices between AED 1.1M to AED 2.1M
  • 3-bedroom apartments for sale in The Wave come with prices ranging from AED 2.05M to AED 3.0M

As apartments in The Wave are a freehold property, buyers and investors of all nationalities have a golden opportunity to enjoy capital appreciation and rental yield. The same is true if you buy apartments in Al Reem Island.

Rental Yield The Wave

  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on PropertyDigger.com over the past 12 months

When it comes to rental yield, 1-bedroom flats are your best bet in the Wave, promising returns of about 7.4%. 2-bedroom flats also bring returns of 6.8%. 3-bedroom flats offer an ROI of 6.0%.

NEARBY AMENITIES

Transportation near The Wave

For those commuting via private cars, Reem Island is connected via Hazza Bin Zayed Street and 10th Street from Al Falah. If you want to use public transportation near Wave Tower, Al Reem Island, you will easily find a lot of taxis in the area while boarding a bus is also a convenient option.

The nearest bus station is Stop 1054 at a 2-minute walking distance. It is serviced by bus 063.

Restaurants near The Wave

There'€™s quite an extensive list of cafes and restaurants near Wave Tower, Al Reem Island. You can dine at some of the best restaurants in Al Reem Island offering a variety of cuisines ranging from Arab, Italian and Chinese. Options include:

  • Hans restaurant
  • Beijing Restaurant
  • Leopold'€™s of London
  • Smoking Doll

There are several cafes near the building, such as:

  • La Passion Cafe
  • Wingzone
  • La Brioche
  • Cafe Macondo

Other restaurants nearby include Shawarma Al Reem and Italianissimo Restaurant & Cafe. 

Supermarkets near The Wave

Prime Mart in Wave Tower is the most convenient option to manage your daily shopping and grocery requirements. Other supermarkets near The Wave are:

  • Bite Supermarket
  • Grandiose Supermarket
  • Al Maya Supermarket

All these supermarkets are 5-7 minutes away from The Wave Tower, Al Reem Island. Residents will find several other supermarkets within the same distance including Spar Express, Waitrose and Mangrove Mini Market.

Nearby Buildings

  • Marafid Tower
  • Baheen Tower
  • RDK Tower

All these residential buildings are located close to The Wave Abu Dhabi. One can find a wide choice of apartments for rent and sale in these towers.

Major Landmarks

Nearby landmarks include:

  • Paragon Bay Mall
  • Reem Central Park
  • Najmat Football

Paragon Bay Mall is a popular shopping destination, with plenty of options related to fashion, jewellery, electronics and home improvement. Along with shopping, visitors can also dine at several eateries present in the mall. It is about a 7-minute drive away from the building.

Reem Central Park is about 9 minutes away from Wave Tower, Al Reem Island. One can enjoy a lot of activities at Reem Central Park like skating, beach walk, sports and dining.

Sports lovers will enjoy the present of Najmat Football at a short distance of 4 minutes from the building. It is a popular football field where regular matches are held, so one can participate in the sport and can go as a spectator as well.

Things to Consider

Traffic can be a nuisance at rush hours, especially if you'€™re exiting Al Reem towards E10.

Are you looking to buy or rent apartments in The Wave?

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The Wave

BUILDING DETAILS

Facilities in The Wave

PARKING

Covered parking in Wave Tower, Al Reem Island is available for all residents. There are a total of 402 car parking spaces in the building, and at least one space is allotted per apartment. 

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

The Wave has 24-hour security with CCTV surveillance. Maintenance staff keeps the building in a pristine condition.

Event Space

One of the key features of The Wave is the availability of outdoor and recreational spaces. These include a common BBQ area on the terrace. 

Gym and Fitness Facilities

There is a full-fledged gym in Wave Tower, Al Reem Island with equipment for fitness enthusiasts of all levels, such as weights, treadmills and cycles.  Also, taking a dip in an exclusive, outdoor pool that overlooks the Marina is a one-of-a-kind experience. Residents can find a shared sauna and Jacuzzi in the building as well.

Lifestyle Amenities

A children'€™s play area keeps the young residents of the building thoroughly engaged. The Wave has tennis and squash courts as well. 

Concierge and Guest Services

24-hour concierge services are also available, including doorman services. 

The Wave Floor Plans

PropertyDigger has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you'€™re interested in by browsing The Wave Floor Plans.

Apartment Types in The Wave

The tower features more than 200 apartments including 1, 2, 3, and 4-bedroom apartments and penthouses. These sleek, spacious apartments have a contemporary design and bring an artistic approach to living spaces. All residential units provide the facilities needed for a modern lifestyle along with features that promote community and outdoor living.  

1-Bedroom Apartments in The Wave 

The tower has 48 1-bed flats, with covered areas ranging from 797 sq. ft. to 1,050 sq. ft. 1-bedroom apartments in Wave Tower, Al Reem Island have a foyer, a kitchen, a dining area, a living area, a master bedroom, two bathrooms, a wardrobe and powder room for extra space. The kitchen features a stylish design with elegant cabinets while the bathrooms have superior quality fixtures and fittings.  

2-Bedroom Apartments in The Wave

Moving on, 2-bedroom apartments in Wave tower, Al Reem Island constitute the greatest number of residential units in this building. A total of 116 2-bedroom flats are available for interested buyers and tenants with covered areas ranging from 1,037 sq. ft. to 1,600 sq. ft.

These units include a foyer, powder room, open kitchen with cabinets and appliances, living area with appliances, dining area, two bedrooms, two or three bathrooms, wardrobe, and a laundry room with washing machine. The balcony offers amazing sea views. Not to mention, the apartments are centrally air-conditioned and have well-finished ceramic flooring and walls. 

3-Bedroom Apartments in The Wave

More than 60 3BHK flats appeal to those in search of larger waterfront apartments. Boasting covered areas between 1,575 sq. ft. and 2,000 sq. ft., these units have a foyer, a powder room, three bedrooms, three bathrooms, a kitchen, a living area, a dining area, a balcony, a wardrobe, a laundry room, a maid'€™s room and maid'€™s bathroom.

3-bedroom apartments in Wave Tower, Al Reem Island also have double-glazed windows that bring adequate natural lighting into the apartment which is already accentuated with the beautiful pendant lighting. 

Penthouses in The Wave

Finally, there are four penthouses in Wave Tower, Al Reem Island. These luxurious units have four bedrooms, four bathrooms, along with a maid'€™s room and bathroom. Residents also get both elevator and stair access. 

Most Popular Apartment Types in The Wave

Based on searches conducted by users on PropertyDigger.com over the past 12 months

PropertyDigger.com'€™s search data shows that 2-bedroom flats are the most popular in The Wave with 1-bedroom apartments on the next spot. They are followed by 3-bedroom flats on the third spot while 4-bedroom penthouses wrap up the list.

Rental Trends in The Wave

Apartments for rent in The Wave have the following pricing details.

Rental prices may vary according to covered areas, among other factors. For example, you can find a 1-bed unit for rent at 60k per year as well with coverage areas of approximately 800 sq. ft. Despite the size of the unit, apartments in The Wave provide all the facilities needed for a modern lifestyle along with features that promote community and outdoor living. The same is true for Al Reem Island apartments for rent in general. Not to mention, tenants can pay rent in multiple cheques as well. 

Sale Trends in The Wave

Pricing details of Apartments for sale in The Wave are given below.

As apartments in The Wave are a freehold property, buyers and investors of all nationalities have a golden opportunity to enjoy capital appreciation and rental yield. The same is true if you buy apartments in Al Reem Island.

Rental Yield The Wave

Based on searches conducted by users on PropertyDigger.com over the past 12 months

When it comes to rental yield, 1-bedroom flats are your best bet in the Wave, promising returns of about 7.4%. 2-bedroom flats also bring returns of 6.8%. 3-bedroom flats offer an ROI of 6.0%.

NEARBY AMENITIES

Transportation near The Wave

For those commuting via private cars, Reem Island is connected via Hazza Bin Zayed Street and 10th Street from Al Falah. If you want to use public transportation near Wave Tower, Al Reem Island, you will easily find a lot of taxis in the area while boarding a bus is also a convenient option.

Bus Stations near The Wave

The nearest bus station is Stop 1054 at a 2-minute walking distance. It is serviced by bus 063.

Restaurants near The Wave

There'€™s quite an extensive list of cafes and restaurants near Wave Tower, Al Reem Island. You can dine at some of the best restaurants in Al Reem Island offering a variety of cuisines ranging from Arab, Italian and Chinese. Options include:

There are several cafes near the building, such as:

Other restaurants nearby include Shawarma Al Reem and Italianissimo Restaurant & Cafe. 

Supermarkets near The Wave

Prime Mart in Wave Tower is the most convenient option to manage your daily shopping and grocery requirements. Other supermarkets near The Wave are:

All these supermarkets are 5-7 minutes away from The Wave Tower, Al Reem Island. Residents will find several other supermarkets within the same distance including Spar Express, Waitrose and Mangrove Mini Market.

Nearby Buildings

All these residential buildings are located close to The Wave Abu Dhabi. One can find a wide choice of apartments for rent and sale in these towers.

Major Landmarks

Nearby landmarks include:

Paragon Bay Mall is a popular shopping destination, with plenty of options related to fashion, jewellery, electronics and home improvement. Along with shopping, visitors can also dine at several eateries present in the mall. It is about a 7-minute drive away from the building.

Reem Central Park is about 9 minutes away from Wave Tower, Al Reem Island. One can enjoy a lot of activities at Reem Central Park like skating, beach walk, sports and dining.

Sports lovers will enjoy the present of Najmat Football at a short distance of 4 minutes from the building. It is a popular football field where regular matches are held, so one can participate in the sport and can go as a spectator as well.

Things to Consider

Traffic can be a nuisance at rush hours, especially if you'€™re exiting Al Reem towards E10.

Are you looking to buy or rent apartments in The Wave?

The Wave

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NEARBY AMENITIES

Transportation near The Wave

For those commuting via private cars, Reem Island is connected via Hazza Bin Zayed Street and 10th Street from Al Falah. If you want to use public transportation near Wave Tower, Al Reem Island, you will easily find a lot of taxis in the area while boarding a bus is also a convenient option.

Bus Stations near The Wave

The nearest bus station is Stop 1054 at a 2-minute walking distance. It is serviced by bus 063.

Restaurants near The Wave

There'€™s quite an extensive list of cafes and restaurants near Wave Tower, Al Reem Island. You can dine at some of the best restaurants in Al Reem Island offering a variety of cuisines ranging from Arab, Italian and Chinese. Options include:

  • Hans restaurant
  • Beijing Restaurant
  • Leopold'€™s of London
  • Smoking Doll

There are several cafes near the building, such as:

  • La Passion Cafe
  • Wingzone
  • La Brioche
  • Cafe Macondo

Other restaurants nearby include Shawarma Al Reem and Italianissimo Restaurant & Cafe. 

Supermarkets near The Wave

Prime Mart in Wave Tower is the most convenient option to manage your daily shopping and grocery requirements. Other supermarkets near The Wave are:

  • Bite Supermarket
  • Grandiose Supermarket
  • Al Maya Supermarket

All these supermarkets are 5-7 minutes away from The Wave Tower, Al Reem Island. Residents will find several other supermarkets within the same distance including Spar Express, Waitrose and Mangrove Mini Market.

Nearby Buildings

  • Marafid Tower
  • Baheen Tower
  • RDK Tower

All these residential buildings are located close to The Wave Abu Dhabi. One can find a wide choice of apartments for rent and sale in these towers.

Major Landmarks

Nearby landmarks include:

  • Paragon Bay Mall
  • Reem Central Park
  • Najmat Football

Paragon Bay Mall is a popular shopping destination, with plenty of options related to fashion, jewellery, electronics and home improvement. Along with shopping, visitors can also dine at several eateries present in the mall. It is about a 7-minute drive away from the building.

Reem Central Park is about 9 minutes away from Wave Tower, Al Reem Island. One can enjoy a lot of activities at Reem Central Park like skating, beach walk, sports and dining.

Sports lovers will enjoy the present of Najmat Football at a short distance of 4 minutes from the building. It is a popular football field where regular matches are held, so one can participate in the sport and can go as a spectator as well.

Things to Consider

Traffic can be a nuisance at rush hours, especially if you'€™re exiting Al Reem towards E10.

Are you looking to buy or rent apartments in The Wave?

The Wave