Al Reem Island · Listing

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
4mo 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
Views27
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

Horizon Tower

· Al Reem Island

Deal Score™

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.

Asking AED/sqft

AED 1,117

DLD Market Avg

AED 1,265

Avg

AED 1,467,833

Median

AED 1,481,500

Range

1061K–1784K

DLD Benchmark
Property priceAED 1,212,000
DLD transfer fee (4%)AED 48,480
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 3,030
Agency commission (2%)AED 24,240
Total to acquireAED 1,291,950

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
9.76%
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

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 1.40M

Avg. Price

AED 1,246.66

Avg. /sqft

5

Transactions

AED 1.52M25.6% above this listing
28 Apr 2026 2 Bed 1,091 sqftAED 1,395/sqft
Completed Sale
AED 1.36M11.9% above this listing
28 Apr 2026 2 Bed 1,148 sqftAED 1,182/sqft
Completed Sale
AED 1.11M8.1% below this listing
29 Mar 2026 2 Bed 1,100 sqftAED 1,012/sqft
Completed Sale
AED 1.17M3.7% below this listing
27 Feb 2026 2 Bed 1,179 sqftAED 990/sqft
Completed Sale
AED 1.85M52.4% above this listing
28 Jan 2026 2 Bed 1,116 sqftAED 1,655/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.

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