Al Reem Island · Listing

Corner Unit | Marina View | Exclusive | Apartment in Al Reem Island

AED 985,000

AED 1,135 per sqft

Permit Pending Verification

Corner Unit | Marina View | Exclusive | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
4mo ago
1
Beds
1
Baths
868
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Horizon Tower, Al Reem Island. This 868 sqft property offers excellent value at AED 985,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views206
Referencecab69b26-22e3-43e7-a5c2-c022ef3c34be

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
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

6.8/ 10
Good Value8.9% below market

At AED 1,135/sqft vs 1,245/sqft market average in Al Reem Island, this listing is 9% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,135

DLD Market Avg

AED 1,245

Avg

AED 765,152

Median

AED 741,000

Range

402K–1150K

DLD Benchmark
Property priceAED 985,000
DLD transfer fee (4%)AED 39,400
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 2,463
Agency commission (2%)AED 19,700
Total to acquireAED 1,050,763

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
9.6%
Excellent Yield
Net Yield
8.28%
After charges
Estimated Rental Income
Monthly
AED 7,884
Annual
AED 94,608
Service Charge: AED 13,020/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 Average22.5% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,602

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 197,000)
5%80%
4.99%
2%8%
Property PriceAED 985,000
Loan AmountAED 788,000
Total InterestAED 592,594
Total Cost (Principal + Interest)AED 1,380,594

Estimated Upfront Costs

Down PaymentAED 197,000
DLD Registration (4%)AED 39,400
Agency Fee (2%)AED 19,700
Total UpfrontAED 256,100

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 662K

Avg. Price

AED 1,257.54

Avg. /sqft

5

Transactions

AED 441K55.3% below this listing
2 May 2026 1 Bed 356 sqftAED 1,237/sqft
Completed Sale
AED 864K12.2% below this listing
2 Apr 2026 1 Bed 748 sqftAED 1,156/sqft
Completed Sale
AED 799K18.9% below this listing
2 Apr 2026 1 Bed 460 sqftAED 1,737/sqft
Completed Sale
AED 698K29.1% below this listing
2 Jan 2026 1 Bed 725 sqftAED 963/sqft
Completed Sale
AED 507K48.5% below this listing
2 Jan 2026 1 Bed 425 sqftAED 1,194/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

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