Large 1BR | Balcony | Near Metro | Apartment in Al Reem Island
AED 1,026,000

AED 1,350 per sqft

Permit Pending Verification

Large 1BR | Balcony | Near Metro | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 135 days ago
1
Beds
1
Baths
760
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Gate Tower 2, Al Reem Island. This 760 sqft property offers excellent value at AED 1,026,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views102
Referenceb531a1de-e0fd-488d-82e8-b0e6f7f6dbf8

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

Premium Property

Positioned above market average

This is a premium-positioned property in Al Reem Island. Asking AED 1,350/sqft vs market average of AED 1,245/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 1,350/sqft
Area benchmark unavailable
Asking priceAED 1,026,000
DLD transfer fee (4%)AED 41,040
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,214
Agency commission (2%)AED 20,520
Est. total transaction costAED 1,093,974

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 - 25% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 342,000 compared to market rate.

Price per sqft comparisonAl Reem Island · 1 BR apartment
This PropertyAED 1,350/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
8.07%
Excellent Yield
Net Yield
6.96%
After charges
Estimated Rental Income
Monthly
AED 6,903
Annual
AED 82,836
Service Charge: AED 11,400/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average19.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,794

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 205,200)
5%80%
4.99%
2%8%
Property PriceAED 1,026,000
Loan AmountAED 820,800
Total InterestAED 617,260
Total Cost (Principal + Interest)AED 1,438,060

Estimated Upfront Costs

Down PaymentAED 205,200
DLD Registration (4%)AED 41,040
Agency Fee (2%)AED 20,520
Total UpfrontAED 266,760

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 711K

Avg. Price

AED 1,313.06

Avg. /sqft

5

Transactions

AED 399K61.1% lower
15 Apr 2026 1 Bed 356 sqftAED 1,120/sqft
Completed Sale
AED 781K23.9% lower
15 Apr 2026 1 Bed 460 sqftAED 1,697/sqft
Completed Sale
AED 782K23.8% lower
16 Dec 2025 1 Bed 725 sqftAED 1,078/sqft
Completed Sale
AED 1.06M3.1% higher
16 Dec 2025 1 Bed 748 sqftAED 1,414/sqft
Completed Sale
AED 534K48.0% lower
16 Nov 2025 1 Bed 425 sqftAED 1,256/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in Al Reem Island