Addax Tower — Corniche Abu Dhabi, Abu Dhabi

Addax Tower is a residential building located along the prestigious Corniche in Abu Dhabi, offering a variety of apartment configurations suited to professionals and families seeking an address in one of the capital's most iconic waterfront corridors. Situated on Abu Dhabi's celebrated Corniche Road, residents benefit from direct proximity to the turquoise Arabian Gulf, manicured public beaches, and a vibrant promenade lined with cafes, jogging paths, and cultural landmarks. With a service charge of AED 17 per sqft per year, the building sits within a competitive range for the Corniche submarket, where gross rental yields typically range from 5% to 7%, making it an attractive proposition for buy-to-let investors targeting steady rental demand. The building appeals equally to long-term residents seeking a lifestyle-rich waterfront address and investors capitalising on Abu Dhabi's growing expatriate and professional tenant base.

Developer: Aldar Properties

Facilities: Covered basement parking, 24-hour security and concierge, Central air conditioning, High-speed passenger elevators, Building maintenance services, Intercom and access control system, Lobby reception area, Dedicated building management office, Waste management and recycling facilities, Landscaped building entrance

DRE Advisory:

Nearby: Abu Dhabi Corniche Beach, Emirates Palace Mandarin Oriental, Qasr Al Hosn (Abu Dhabi Fort), Abu Dhabi National Exhibition Centre (ADNEC), Louvre Abu Dhabi, Abu Dhabi City Golf Club

Residential Building

Addax Tower

Corniche Abu Dhabi · Abu Dhabi · Aldar Properties

2011
Year Built
AED 15–19 / sqft (est.)
Est. Service Charge / year
Estimated range based on community averages. Verify with the owners association before purchase.
District AI
UAE Property Intelligence
Available now

I can see you're looking at Addax Tower in Corniche Abu Dhabi, Abu Dhabi. Developed by Aldar Properties in 2011. It's a residential building. Addax Tower benefits from one of the most desirable addresses in Abu Dhabi — the Corniche — a district that consistently commands premium rental rates and low vacancy due to its unmatched lifestyle offering and proximity to major government, financial, and business districts. Service charge runs AED 17/sqft/year. What would you like to know — pricing, rental yields, or how it compares to similar buildings?

District AI · UAE Property Intelligence

About Addax Tower

Addax Tower is a residential building located along the prestigious Corniche in Abu Dhabi, offering a variety of apartment configurations suited to professionals and families seeking an address in one of the capital's most iconic waterfront corridors. Situated on Abu Dhabi's celebrated Corniche Road, residents benefit from direct proximity to the turquoise Arabian Gulf, manicured public beaches, and a vibrant promenade lined with cafes, jogging paths, and cultural landmarks. With a service charge of AED 17 per sqft per year, the building sits within a competitive range for the Corniche submarket, where gross rental yields typically range from 5% to 7%, making it an attractive proposition for buy-to-let investors targeting steady rental demand. The building appeals equally to long-term residents seeking a lifestyle-rich waterfront address and investors capitalising on Abu Dhabi's growing expatriate and professional tenant base.

DRE Advisory

District Real Estate has specialist knowledge of Addax Tower and the wider Corniche Abu Dhabi sub-market. Contact our advisory team for current resale inventory, yield analysis, and transaction support.

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Community Feel

Living in Addax Tower places residents at the heart of Abu Dhabi's most celebrated public waterfront, where the daily rhythm is defined by morning jogs along the Corniche promenade, evenings at waterfront restaurants, and weekend visits to nearby cultural institutions. The resident profile is cosmopolitan and professionally oriented — a blend of diplomats, finance and government sector employees, and long-term expatriate families who value both the prestige of the address and the genuine community atmosphere that the Corniche fosters. It is a neighbourhood that feels simultaneously urban and relaxed, with the calming presence of the sea never far from view.

Investment Outlook

Addax Tower benefits from one of the most desirable addresses in Abu Dhabi — the Corniche — a district that consistently commands premium rental rates and low vacancy due to its unmatched lifestyle offering and proximity to major government, financial, and business districts. Gross rental yields in the Corniche area typically range between 5% and 7%, with well-positioned units enjoying strong tenant retention, particularly among diplomats, senior professionals, and corporate tenants. The service charge of AED 17 per sqft per year is moderate for the Corniche and broadly in line with comparable mid-to-premium residential towers in the area, supporting healthy net yield calculations for investors. Capital appreciation potential along the Corniche remains solid, underpinned by limited new supply in an already built-up and prestigious corridor, continued infrastructure investment by Abu Dhabi, and the emirate's growing appeal as a regional hub for finance, culture, and tourism. Buyers are typically a mix of UAE nationals, GCC investors, and expatriate professionals seeking both rental income and long-term asset stability in a globally recognised waterfront location.

Building Facilities

Covered basement parking
24-hour security and concierge
Central air conditioning
High-speed passenger elevators
Building maintenance services
Intercom and access control system
Lobby reception area
Dedicated building management office
Waste management and recycling facilities
Landscaped building entrance

Getting Around

Addax Tower enjoys excellent road connectivity via Corniche Road and the broader Abu Dhabi arterial network, with easy access to Sheikh Zayed the First Street and Sheikh Khalifa Street linking residents to the CBD, Al Maryah Island, and key government quarters within 5 to 15 minutes by car. Abu Dhabi International Airport is approximately 30 to 35 minutes away under normal traffic conditions. While Abu Dhabi does not yet have a metro system, the area is well served by the city's public bus network and ride-hailing services, making car-free commuting a viable option for many residents.

Nearby Landmarks

  • Abu Dhabi Corniche Beach
  • Emirates Palace Mandarin Oriental
  • Qasr Al Hosn (Abu Dhabi Fort)
  • Abu Dhabi National Exhibition Centre (ADNEC)
  • Louvre Abu Dhabi
  • Abu Dhabi City Golf Club

Nearby Buildings

Sun & Sky Towers, Al Reem Island
Corniche Tower Abu Dhabi
Al Marasy Residences
Nation Towers Abu Dhabi
Bainunah Tower

Frequently Asked Questions

What types of residential units are available in Addax Tower?

Addax Tower offers a variety of apartment configurations to suit different occupier needs, ranging from studio and one-bedroom units to larger multi-bedroom apartments. Prospective buyers and tenants should contact District Real Estate for the latest availability and unit specifications.

What is the service charge for Addax Tower and what does it cover?

The service charge for Addax Tower is AED 17 per sqft per year. This fee typically covers the maintenance of common areas, building security, cleaning of shared spaces, and general facilities management, ensuring the building is well-maintained for all residents.

Is Addax Tower a freehold property open to foreign buyers?

The Corniche area of Abu Dhabi contains a mix of freehold and leasehold designated zones. Buyers are advised to verify the ownership status of specific units in Addax Tower with District Real Estate and confirm eligibility with Abu Dhabi's relevant regulatory authorities before proceeding.

What rental yields can investors expect from Addax Tower?

Investment properties along Abu Dhabi's Corniche typically generate gross rental yields in the range of 5% to 7%, depending on unit size, floor level, and current market conditions. The building's prime waterfront location supports consistent tenant demand, which helps minimise vacancy periods for landlords.

How close is Addax Tower to Abu Dhabi's key business and commercial districts?

Addax Tower is ideally positioned on the Corniche, placing it within approximately 5 to 15 minutes' drive of Abu Dhabi's Central Business District, Al Maryah Island financial hub, and major government ministries. Abu Dhabi International Airport is accessible within approximately 30 to 35 minutes by car.

Enquire About Addax Tower

Our Corniche Abu Dhabi specialists have access to current resale inventory, rental listings, and yield data for Addax Tower. Let us help you make the right move.

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Building details are indicative and based on DRE research. Unit counts, sizes, and amenities may vary. Not investment advice. Verify all information with DRE advisors before transacting.

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