Al Reem Island · Listing

Corner 2BR | Skyline View | Best Deal | Apartment in Al Reem Island

AED 1,420,000

AED 1,088 per sqft

Permit Pending Verification

Corner 2BR | Skyline View | Best Deal | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
4mo ago
2
Beds
2
Baths
1,305
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Horizon Tower, Al Reem Island. This 1305 sqft property offers excellent value at AED 1,420,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views55
Reference5092fbcb-470b-4044-9e22-7ab9fe4aba34

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

Deal Score™

AI-powered price analysis vs DLD transactions

7.6/ 10
Great Deal14.0% below market

Priced at AED 1,088/sqft vs market avg of AED 1,265/sqft in Al Reem Island. This property is 14% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,088

DLD Market Avg

AED 1,265

Avg

AED 1,467,833

Median

AED 1,481,500

Range

1061K–1784K

DLD Benchmark
Property priceAED 1,420,000
DLD transfer fee (4%)AED 56,800
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 3,550
Agency commission (2%)AED 28,400
Total to acquireAED 1,512,950

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 7 rental comparables in Al Reem Island

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
8.62%
After charges
Estimated Rental Income
Monthly
AED 11,833
Annual
AED 142,000
Service Charge: AED 19,575/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 Average11.8% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 6,634

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 284,000)
5%80%
4.99%
2%8%
Property PriceAED 1,420,000
Loan AmountAED 1,136,000
Total InterestAED 854,298
Total Cost (Principal + Interest)AED 1,990,298

Estimated Upfront Costs

Down PaymentAED 284,000
DLD Registration (4%)AED 56,800
Agency Fee (2%)AED 28,400
Total UpfrontAED 369,200

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 1.40M

Avg. Price

AED 1,250.25

Avg. /sqft

5

Transactions

AED 1.04M26.8% below this listing
1 Jun 2026 2 Bed 1,100 sqftAED 945/sqft
Completed Sale
AED 1.47M3.3% above this listing
2 May 2026 2 Bed 1,148 sqftAED 1,278/sqft
Completed Sale
AED 1.73M21.8% above this listing
1 Feb 2026 2 Bed 1,091 sqftAED 1,585/sqft
Completed Sale
AED 1.64M15.7% above this listing
1 Feb 2026 2 Bed 1,116 sqftAED 1,473/sqft
Completed Sale
AED 1.14M19.4% below this listing
2 Jan 2026 2 Bed 1,179 sqftAED 971/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.

Call Agent