Al Reem Island · Listing

Luxury 3BR | Corner Unit | Vacant | Apartment in Al Reem Island

AED 2,694,000

AED 1,298 per sqft

Permit Pending Verification

Luxury 3BR | Corner Unit | Vacant | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
5mo ago
3
Beds
4
Baths
2,075
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Horizon Tower, Al Reem Island. This 2075 sqft property offers excellent value at AED 2,694,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views171
Reference996746c3-3c2b-4daa-8e88-63b72645500f

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

5.5/ 10
Fair Price0.0% below market

At AED 1,298/sqft vs 1,298/sqft market average in Al Reem Island, this listing is 0% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,298

DLD Market Avg

AED 1,298

Avg

AED 2,291,286

Median

AED 2,299,000

Range

1700K–2907K

DLD Benchmark
Property priceAED 2,694,000
DLD transfer fee (4%)AED 107,760
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 6,735
Agency commission (2%)AED 53,880
Total to acquireAED 2,866,575

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
8.4%
Excellent Yield
Net Yield
7.24%
After charges
Estimated Rental Income
Monthly
AED 18,847
Annual
AED 226,164
Service Charge: AED 31,125/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 Average112.1% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 12,587

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 538,800)
5%80%
4.99%
2%8%
Property PriceAED 2,694,000
Loan AmountAED 2,155,200
Total InterestAED 1,620,759
Total Cost (Principal + Interest)AED 3,775,959

Estimated Upfront Costs

Down PaymentAED 538,800
DLD Registration (4%)AED 107,760
Agency Fee (2%)AED 53,880
Total UpfrontAED 700,440

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 2.06M

Avg. Price

AED 1,158.37

Avg. /sqft

5

Transactions

AED 2.29M15.2% below this listing
2 May 2026 3 Bed 2,002 sqftAED 1,142/sqft
Completed Sale
AED 2.71M0.5% above this listing
2 Apr 2026 3 Bed 1,638 sqftAED 1,653/sqft
Completed Sale
AED 1.79M33.6% below this listing
3 Mar 2026 3 Bed 1,434 sqftAED 1,248/sqft
Completed Sale
AED 1.75M34.9% below this listing
1 Feb 2026 3 Bed 2,008 sqftAED 873/sqft
Completed Sale
AED 1.79M33.6% below this listing
1 Feb 2026 3 Bed 2,040 sqftAED 876/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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