Modern Studio | Near Metro | Investor Deal | Apartment in Al Reem Island
AED 472,000

AED 969 per sqft

Permit Pending Verification

Modern Studio | Near Metro | Investor Deal | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 107 days ago
1
Beds
1
Baths
487
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Sky Tower, Al Reem Island. This 487 sqft property offers excellent value at AED 472,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views100
Reference9a493558-bb1e-4f73-85cf-b49271c67bf5

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

8.7/ 10
Great Deal22.2% below market

Priced at AED 969/sqft vs market avg of AED 1,245/sqft in Al Reem Island. This property is 22% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonAl Reem Island · 1 BR apartment
AskingAED 969/sqft
DLD Market AvgAED 1,245/sqft

Price Transparency

Estimate
This listing
AED 969/sqft
Area benchmark unavailable
Asking priceAED 472,000
DLD transfer fee (4%)AED 18,880
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,175
Agency commission (2%)AED 9,440
Est. total transaction costAED 503,595

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 404,697 compared to market rate.

Price per sqft comparisonAl Reem Island · 1 BR apartment
This PropertyAED 969/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
8.45%
After charges
Estimated Rental Income
Monthly
AED 3,933
Annual
AED 47,200
Service Charge: AED 7,305/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average62.8% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,205

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 94,400)
5%80%
4.99%
2%8%
Property PriceAED 472,000
Loan AmountAED 377,600
Total InterestAED 283,964
Total Cost (Principal + Interest)AED 661,564

Estimated Upfront Costs

Down PaymentAED 94,400
DLD Registration (4%)AED 18,880
Agency Fee (2%)AED 9,440
Total UpfrontAED 122,720

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 698K

Avg. Price

AED 1,302.7

Avg. /sqft

5

Transactions

AED 796K68.7% higher
16 Apr 2026 1 Bed 460 sqftAED 1,731/sqft
Completed Sale
AED 954K102.1% higher
15 Feb 2026 1 Bed 748 sqftAED 1,275/sqft
Completed Sale
AED 610K29.3% higher
15 Feb 2026 1 Bed 425 sqftAED 1,436/sqft
Completed Sale
AED 772K63.6% higher
17 Dec 2025 1 Bed 725 sqftAED 1,065/sqft
Completed Sale
AED 358K24.1% lower
17 Nov 2025 1 Bed 356 sqftAED 1,007/sqft
Completed Sale

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

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