Modern 2 Bed | High Floor | Vacant | Apartment in Al Reem Island
AED 1,061,000

AED 965 per sqft

Permit Pending Verification

Modern 2 Bed | High Floor | Vacant | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 75 days ago
2
Beds
2
Baths
1,100
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Gate Tower 1, Al Reem Island. This 1100 sqft property offers excellent value at AED 1,061,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views86
Reference6d49dd8a-1764-453f-8985-45176f9010f4

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

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

8.9/ 10
Great Deal23.7% below market

Priced at AED 965/sqft vs market avg of AED 1,265/sqft in Al Reem Island. This property is 24% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonAl Reem Island · 2 BR apartment
AskingAED 965/sqft
DLD Market AvgAED 1,265/sqft

Price Transparency

Estimate
This listing
AED 965/sqft
Area benchmark unavailable
Asking priceAED 1,061,000
DLD transfer fee (4%)AED 42,440
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,279
Agency commission (2%)AED 21,220
Est. total transaction costAED 1,131,139

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 - 46% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 918,500 compared to market rate.

Price per sqft comparisonAl Reem Island · 2 BR apartment
This PropertyAED 965/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
10%
Excellent Yield
Net Yield
8.44%
After charges
Estimated Rental Income
Monthly
AED 8,842
Annual
AED 106,100
Service Charge: AED 16,500/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average16.5% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,957

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 212,200)
5%80%
4.99%
2%8%
Property PriceAED 1,061,000
Loan AmountAED 848,800
Total InterestAED 638,317
Total Cost (Principal + Interest)AED 1,487,117

Estimated Upfront Costs

Down PaymentAED 212,200
DLD Registration (4%)AED 42,440
Agency Fee (2%)AED 21,220
Total UpfrontAED 275,860

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 1.55M

Avg. Price

AED 1,319.51

Avg. /sqft

5

Transactions

AED 1.65M55.2% higher
14 Feb 2026 2 Bed 1,382 sqftAED 1,191/sqft
Completed Sale
AED 1.17M10.7% higher
14 Feb 2026 2 Bed 1,179 sqftAED 996/sqft
Completed Sale
AED 1.90M78.8% higher
15 Jan 2026 2 Bed 1,091 sqftAED 1,739/sqft
Completed Sale
AED 1.71M61.3% higher
15 Jan 2026 2 Bed 1,116 sqftAED 1,534/sqft
Completed Sale
AED 1.31M23.1% higher
16 Dec 2025 2 Bed 1,148 sqftAED 1,138/sqft
Completed Sale

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