Bright Studio | Open Kitchen | Great Investment | Apartment in Al Reem Island
AED 51,000/year

AED 104 per sqft

Permit Pending Verification

Bright Studio | Open Kitchen | Great Investment | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 112 days ago
1
Beds
1
Baths
489
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Gate Tower 2, Al Reem Island. This 489 sqft property offers excellent value at AED 742,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views184
Referencedba9bfa4-d74b-4229-9c22-1353988011f7

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

Price Transparency

Estimate
This listing
AED 104/sqft
Area benchmark unavailable
Annual rentAED 51,000
Security deposit (est. 5%)AED 2,550
Ejari registrationAED 220
Agency commission (5% one-off)AED 2,550
Est. first-year cash outlayAED 56,320

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.

Rental Market Comparison

Great Value

Great Rental Value - 11% Below Average

Priced below the area rental average. Good value for Al Reem Island.

Save AED 530/month

Area Avg Rent
AED 117
per sqft/year
This Property
AED 104
11% below avg
Area Yield
6.5%
rental return
Monthly
AED 4K
per month

Investor Insight

Est. Property Value

AED 880K

Implied Yield

5.79%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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.

Rental Cost Analysis

Monthly Rent

AED 4,250

Annual: AED 51,000

AED 104/sqft per year

AED 51,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 2,550
Agency Commission(5% of annual rent)
AED 2,550
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 7,320

Recent Apartment Rental Transactions

Similar apartments rented in Al Reem Island

AED 73K

Avg. Annual Rent

AED 143

Avg. /sqft (yr)

5

Rentals

AED 107K108.9% higher
16 Mar 2026 1 Bed 489 sqftAED 218/sqft
Rental Agreement
AED 106K107.6% higher
14 Feb 2026 1 Bed 489 sqftAED 217/sqft
Rental Agreement
AED 52K1.7% higher
14 Feb 2026 1 Bed 447 sqftAED 116/sqft
Rental Agreement
AED 59K15.1% higher
16 Dec 2025 1 Bed 771 sqftAED 76/sqft
Rental Agreement
AED 41K19.7% lower
16 Nov 2025 1 Bed 463 sqftAED 88/sqft
Rental Agreement

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