Large Layout | Panoramic Views | Exclusive | Apartment in Al Reem Island
AED 1,212,000

AED 1,117 per sqft

Permit Pending Verification

Large Layout | Panoramic Views | Exclusive | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 101 days ago
2
Beds
2
Baths
1,085
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Horizon Tower, Al Reem Island. This 1085 sqft property offers excellent value at AED 1,212,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views22
Referenced6ff16fa-2676-4223-8bae-a02ec337007b

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

7.3/ 10
Good Value11.7% below market

Priced at AED 1,117/sqft vs market avg of AED 1,265/sqft in Al Reem Island. This property is 12% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonAl Reem Island · 2 BR apartment
AskingAED 1,117/sqft
DLD Market AvgAED 1,265/sqft

Price Transparency

Estimate
This listing
AED 1,117/sqft
Area benchmark unavailable
Asking priceAED 1,212,000
DLD transfer fee (4%)AED 48,480
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,563
Agency commission (2%)AED 24,240
Est. total transaction costAED 1,291,483

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 - 38% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 741,055 compared to market rate.

Price per sqft comparisonAl Reem Island · 2 BR apartment
This PropertyAED 1,117/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
9.76%
Excellent Yield
Net Yield
8.41%
After charges
Estimated Rental Income
Monthly
AED 9,855
Annual
AED 118,259
Service Charge: AED 16,275/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average4.6% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 5,663

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 242,400)
5%80%
4.99%
2%8%
Property PriceAED 1,212,000
Loan AmountAED 969,600
Total InterestAED 729,161
Total Cost (Principal + Interest)AED 1,698,761

Estimated Upfront Costs

Down PaymentAED 242,400
DLD Registration (4%)AED 48,480
Agency Fee (2%)AED 24,240
Total UpfrontAED 315,120

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 1.49M

Avg. Price

AED 1,323.73

Avg. /sqft

5

Transactions

AED 974K19.6% lower
15 Apr 2026 2 Bed 1,100 sqftAED 886/sqft
Completed Sale
AED 1.42M17.2% higher
15 Apr 2026 2 Bed 1,179 sqftAED 1,204/sqft
Completed Sale
AED 1.47M20.9% higher
15 Jan 2026 2 Bed 1,148 sqftAED 1,276/sqft
Completed Sale
AED 1.82M50.1% higher
16 Dec 2025 2 Bed 1,091 sqftAED 1,668/sqft
Completed Sale
AED 1.77M45.9% higher
16 Dec 2025 2 Bed 1,116 sqftAED 1,584/sqft
Completed Sale

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

Similar Properties

2-Bedroom apartment in Al Reem Island