Al Reem Island · Listing

Corner Unit | Marina View | Exclusive | Apartment in Al Reem Island

AED 899,000

AED 1,301 per sqft

Permit Pending Verification

Corner Unit | Marina View | Exclusive | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
5mo ago
1
Beds
1
Baths
691
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Horizon Tower, Al Reem Island. This 691 sqft property offers excellent value at AED 899,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views188
Reference4e89556d-16f7-4653-bd0b-da41e3b6a916

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

Horizon Tower

· Al Reem Island

Premium Property

Positioned above market average

This is a premium-positioned property in Al Reem Island. Asking AED 1,301/sqft vs market average of AED 1,245/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
8.38%
Excellent Yield
Net Yield
7.22%
After charges
Estimated Rental Income
Monthly
AED 6,276
Annual
AED 75,315
Service Charge: AED 10,365/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average29.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,200

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 179,800)
5%80%
4.99%
2%8%
Property PriceAED 899,000
Loan AmountAED 719,200
Total InterestAED 540,855
Total Cost (Principal + Interest)AED 1,260,055

Estimated Upfront Costs

Down PaymentAED 179,800
DLD Registration (4%)AED 35,960
Agency Fee (2%)AED 17,980
Total UpfrontAED 233,740

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 668K

Avg. Price

AED 1,231.3

Avg. /sqft

5

Transactions

AED 745K17.2% below this listing
19 May 2026 1 Bed 460 sqftAED 1,619/sqft
Completed Sale
AED 959K6.7% above this listing
19 Apr 2026 1 Bed 748 sqftAED 1,282/sqft
Completed Sale
AED 495K44.9% below this listing
20 Mar 2026 1 Bed 425 sqftAED 1,165/sqft
Completed Sale
AED 778K13.5% below this listing
20 Dec 2025 1 Bed 725 sqftAED 1,073/sqft
Completed Sale
AED 362K59.7% below this listing
20 Dec 2025 1 Bed 356 sqftAED 1,018/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.

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