Alba Tower

By Reportage Properties in Al Satwa, Dubai

Alba Tower, image 1
Price from
AED 853,536
Price up to
AED 2,075,068
Community
Al Satwa
Status
Off-plan, selling

About Alba Tower

Alba Tower is an off-plan development by Reportage Properties in Al Satwa, Dubai. Entry price is AED 853,536.

Alba Tower is a modern residential complex developed by a major developer Reportage Properties. The building includes a ground floor, two podium floors, 8 residential floors and a roof. The project includes a total of 72 luxury residences, 40 one-bedroom apartments and 32 two-bedroom apartments. All residences have a modern interior design, double-glazed windows, central air conditioning, fiber-optic Internet connection, balconies with stunning panoramic views. At the disposal of residents of Alba Tower there are the following amenities: shopping pavilions on the first levels of the building, walking and recreation areas with landscaped gardens, a large outdoor swimming pool, children's playgrounds, a gym, parking on the ground floors of the building, barbecue areas. The complex is located in the midst of a large number of shopping infrastructure in Al Satwa district, and there are also a number of good schools and kindergartens for children, medical centers, cafes and restaurants nearby. Alba Tower is located in the heart of Dubai's industrial life, from here it is only 9 minutes to Dubai World Trade Center, 10 minutes to Dubai Raam, 12 minutes to Museum of The Future, 15 minutes to Burj Khalifa, 15 minutes to Dubai Mall, 15 minutes to Jumeirah Grand Mosque, 16 minutes to Jumeirah Beach, 10 minutes to Dubai Metro, 15 minutes to Museum of The Future. Building Configuration: G+2P+8+R

About Reportage Properties

Reportage Properties is a high volume developer of affordable off plan apartments and townhouses across Dubai's mid market districts.

The model is straightforward: a lot of units at low entry prices, with long payment plans, aimed squarely at investors and first time buyers rather than the luxury end. It is originally an Abu Dhabi company and now builds heavily in Dubai.

What do they build?

Mid rise apartment buildings and townhouse clusters, weighted toward studios and one and two bedroom units. The selling point is the payment plan and the price per square foot rather than the address or the finish.

Where do they build?

What should you check before buying?

  • Handover dates against the payment plan, and what happens if the two drift apart. On a long plan this is the main thing to understand.
  • The escrow account, and that your payments go into it rather than anywhere else.
  • How many similar units are being delivered nearby at the same time, because a wave of comparable studios handing over together affects both rent and resale.
  • Service charges, which on affordable stock take a larger proportional bite out of the yield.
  • The finish specification in writing, not from the show unit.

Are they a safe developer to buy from?

They have completed projects and they build at scale, but a high volume affordable model concentrates a particular risk: a lot of near identical units arriving on the market at once, in districts where several other developers are doing the same thing. That is a pricing and competition risk more than a construction one, and it is worth modelling before you commit. Read how to buy off plan in Dubai first.

All Reportage Properties projects

Interested in Alba Tower?

Tell us the size and budget you have in mind. We will come back with what is available now, the developer's current terms, and comparable projects if this one does not fit.

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