Al Reem Island · Listing

Spacious Studio | Balcony | Pool View | Apartment in Al Reem Island

AED 479,000

AED 1,195 per sqft

Permit Pending Verification

Spacious Studio | Balcony | Pool View | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
4mo ago
1
Beds
1
Baths
401
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Sky Tower, Al Reem Island. This 401 sqft property offers excellent value at AED 479,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views200
Referenced92f3c1c-5f53-474f-a563-46b551ad954b

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

Deal Score™

AI-powered price analysis vs DLD transactions

6.1/ 10
Good Value4.1% below market

At AED 1,195/sqft vs 1,245/sqft market average in Al Reem Island, this listing is 4% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,195

DLD Market Avg

AED 1,245

Avg

AED 765,152

Median

AED 741,000

Range

402K–1150K

DLD Benchmark
Property priceAED 479,000
DLD transfer fee (4%)AED 19,160
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,198
Agency commission (2%)AED 9,580
Total to acquireAED 513,138

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
9.12%
Excellent Yield
Net Yield
7.87%
After charges
Estimated Rental Income
Monthly
AED 3,642
Annual
AED 43,707
Service Charge: AED 6,015/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 Average62.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 2,238

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 95,800)
5%80%
4.99%
2%8%
Property PriceAED 479,000
Loan AmountAED 383,200
Total InterestAED 288,175
Total Cost (Principal + Interest)AED 671,375

Estimated Upfront Costs

Down PaymentAED 95,800
DLD Registration (4%)AED 19,160
Agency Fee (2%)AED 9,580
Total UpfrontAED 124,540

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 660K

Avg. Price

AED 1,221.03

Avg. /sqft

5

Transactions

AED 1.05M119.1% above this listing
2 May 2026 1 Bed 748 sqftAED 1,403/sqft
Completed Sale
AED 621K29.7% above this listing
2 May 2026 1 Bed 460 sqftAED 1,350/sqft
Completed Sale
AED 688K43.6% above this listing
3 Mar 2026 1 Bed 725 sqftAED 949/sqft
Completed Sale
AED 413K13.7% below this listing
3 Mar 2026 1 Bed 356 sqftAED 1,161/sqft
Completed Sale
AED 528K10.2% above this listing
2 Jan 2026 1 Bed 425 sqftAED 1,242/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.

Call Agent