3BR + Study | Marina View | Exclusive | Apartment in Al Reem Island
AED 2,782,000

AED 1,643 per sqft

Permit Pending Verification

3BR + Study | Marina View | Exclusive | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 147 days ago
3
Beds
4
Baths
1,693
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Horizon Tower, Al Reem Island. This 1693 sqft property offers excellent value at AED 2,782,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views163
Reference1312f0cc-d1c3-4b59-9b1a-dcfab0216f28

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

Premium Property

Positioned above market average

This is a premium-positioned property in Al Reem Island. Asking AED 1,643/sqft vs market average of AED 1,298/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 1,643/sqft
Area benchmark unavailable
Asking priceAED 2,782,000
DLD transfer fee (4%)AED 111,280
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 5,506
Agency commission (2%)AED 55,640
Est. total transaction costAED 2,958,626

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Good Price

Great Deal - 9% Below Average

Priced below the area average of AED 1800/sqft. Solid value for Al Reem Island.

Price per sqft comparisonAl Reem Island · 3 BR apartment
This PropertyAED 1,643/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

PropertyIndex.ae • Updated 2026-02-22

Al Reem Island Market Intelligence

Full Report
Avg Price/SqftAED 1,136
Active Listings66
Trendup
Price History (per sqft)
AED 1,216
Dec
AED 1,145
Jan
AED 1,050
Feb
AED 1,126
Mar

Average Price per Sqft by Month

Investment ROI Calculator

Based on 7 rental comparables in Al Reem Island

Good Yield
Gross Yield
6.63%
Good Yield
Net Yield
5.72%
After charges
Estimated Rental Income
Monthly
AED 15,377
Annual
AED 184,528
Service Charge: AED 25,395/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average119% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 12,998

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 556,400)
5%80%
4.99%
2%8%
Property PriceAED 2,782,000
Loan AmountAED 2,225,600
Total InterestAED 1,673,702
Total Cost (Principal + Interest)AED 3,899,302

Estimated Upfront Costs

Down PaymentAED 556,400
DLD Registration (4%)AED 111,280
Agency Fee (2%)AED 55,640
Total UpfrontAED 723,320

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.

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 2.15M

Avg. Price

AED 1,202.88

Avg. /sqft

5

Transactions

AED 2.00M28.1% lower
16 Apr 2026 3 Bed 2,002 sqftAED 1,000/sqft
Completed Sale
AED 1.98M29.0% lower
16 Apr 2026 3 Bed 1,434 sqftAED 1,377/sqft
Completed Sale
AED 2.17M21.9% lower
17 Mar 2026 3 Bed 2,040 sqftAED 1,064/sqft
Completed Sale
AED 2.12M23.9% lower
16 Jan 2026 3 Bed 2,008 sqftAED 1,054/sqft
Completed Sale
AED 2.49M10.5% lower
17 Nov 2025 3 Bed 1,638 sqftAED 1,519/sqft
Completed Sale

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

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