Al Reem Island · Listing

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
5mo 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
Views104
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

Sky Tower

· Al Reem Island
Leaflet © Mapbox © OSM

Deal Score™

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.

Asking AED/sqft

AED 969

DLD Market Avg

AED 1,245

Avg

AED 765,152

Median

AED 741,000

Range

402K–1150K

DLD Benchmark
Property priceAED 472,000
DLD transfer fee (4%)AED 18,880
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,180
Agency commission (2%)AED 9,440
Total to acquireAED 505,700

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
8.45%
After charges
Estimated Rental Income
Monthly
AED 3,933
Annual
AED 47,200
Service Charge: AED 7,305/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 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

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 691K

Avg. Price

AED 1,282.88

Avg. /sqft

5

Transactions

AED 766K62.4% above this listing
1 Jun 2026 1 Bed 725 sqftAED 1,057/sqft
Completed Sale
AED 637K35.0% above this listing
1 Jun 2026 1 Bed 460 sqftAED 1,386/sqft
Completed Sale
AED 563K19.4% above this listing
1 Jun 2026 1 Bed 425 sqftAED 1,326/sqft
Completed Sale
AED 445K5.6% below this listing
2 May 2026 1 Bed 356 sqftAED 1,251/sqft
Completed Sale
AED 1.04M121.0% above this listing
2 May 2026 1 Bed 748 sqftAED 1,395/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.

Comparables

Similar properties nearby

1 BR apartment · Al Reem Island

Call Agent