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
Listed 130 days 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
Views184
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

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.

Price Transparency

Estimate
This listing
AED 1,301/sqft
Area benchmark unavailable
Asking priceAED 899,000
DLD transfer fee (4%)AED 35,960
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,976
Agency commission (2%)AED 17,980
Est. total transaction costAED 959,116

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

Excellent Deal

Exceptional Value - 28% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 344,809 compared to market rate.

Price per sqft comparisonAl Reem Island · 1 BR apartment
This PropertyAED 1,301/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

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

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 672K

Avg. Price

AED 1,263.94

Avg. /sqft

5

Transactions

AED 632K29.7% lower
16 Apr 2026 1 Bed 725 sqftAED 871/sqft
Completed Sale
AED 759K15.6% lower
15 Feb 2026 1 Bed 460 sqftAED 1,649/sqft
Completed Sale
AED 382K57.6% lower
17 Dec 2025 1 Bed 356 sqftAED 1,072/sqft
Completed Sale
AED 996K10.8% higher
17 Dec 2025 1 Bed 748 sqftAED 1,331/sqft
Completed Sale
AED 593K34.0% lower
17 Nov 2025 1 Bed 425 sqftAED 1,396/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in Al Reem Island