Al Reem Island · Listing

Family Home | Park View | Well Maintained | Apartment in Al Reem Island

AED 1,512,000

AED 1,315 per sqft

Permit Pending Verification

Family Home | Park View | Well Maintained | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
5mo ago
2
Beds
2
Baths
1,150
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Sky Tower, Al Reem Island. This 1150 sqft property offers excellent value at AED 1,512,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views63
Reference064243f7-0c4b-4424-9474-a476ed42d2f3

Area & Neighborhood Guide

7.5/10
Investment Score
6.5%
Avg. Yield
+8%
1Y Growth
Moderate
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
1
Waterfront
0

Nearby Amenities & Landmarks

Al Reem Island Community Center
Local Shopping
Schools
Healthcare
Public Transport
Parks & Recreation
Dining Options

Upcoming Developments

Infrastructure improvements in Al Reem Island
New residential projects
Enhanced community facilities

Demographics

25K+
Residents
35
Avg. Age
70%
Expats

Sky Tower

· Al Reem Island
Leaflet © Mapbox © OSM

Premium Property

Positioned above market average

This is a premium-positioned property in Al Reem Island. Asking AED 1,315/sqft vs market average of AED 1,265/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Investment ROI Calculator

Based on 7 rental comparables in Al Reem Island

Excellent Yield
Gross Yield
8.29%
Excellent Yield
Net Yield
7.15%
After charges
Estimated Rental Income
Monthly
AED 10,445
Annual
AED 125,344
Service Charge: AED 17,250/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Abu Dhabi)
vs Area Average19% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,064

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 302,400)
5%80%
4.99%
2%8%
Property PriceAED 1,512,000
Loan AmountAED 1,209,600
Total InterestAED 909,647
Total Cost (Principal + Interest)AED 2,119,247

Estimated Upfront Costs

Down PaymentAED 302,400
DLD Registration (4%)AED 60,480
Agency Fee (2%)AED 30,240
Total UpfrontAED 393,120

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 1.48M

Avg. Price

AED 1,322.81

Avg. /sqft

5

Transactions

AED 1.43M5.2% below this listing
11 Apr 2026 2 Bed 1,148 sqftAED 1,248/sqft
Completed Sale
AED 1.18M21.7% below this listing
11 Apr 2026 2 Bed 1,179 sqftAED 1,004/sqft
Completed Sale
AED 1.99M31.9% above this listing
12 Mar 2026 2 Bed 1,091 sqftAED 1,828/sqft
Completed Sale
AED 984K34.9% below this listing
12 Mar 2026 2 Bed 1,100 sqftAED 894/sqft
Completed Sale
AED 1.83M21.0% above this listing
10 Feb 2026 2 Bed 1,116 sqftAED 1,640/sqft
Completed Sale

Transactions shown are for similar apartments in Al Reem Island. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Abu Dhabi Real Estate Centre (ADREC)

Permit Required
ADREC Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: services.dari.ae

Alternatively, search the permit on the DARI portal for instant verification.

Comparables

Similar properties nearby

2 BR apartment · Al Reem Island

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