Large 1BR | Balcony | Near Metro | Apartment in Al Reem Island
AED 823,000

AED 1,100 per sqft

Permit Pending Verification

Large 1BR | Balcony | Near Metro | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
Listed 118 days ago
1
Beds
1
Baths
748
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Sky Tower, Al Reem Island. This 748 sqft property offers excellent value at AED 823,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views105
Referencee00e7452-f83c-42c6-8587-51c94cf34bea

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

7.2/ 10
Good Value11.7% below market

Priced at AED 1,100/sqft vs market avg of AED 1,245/sqft in Al Reem Island. This property is 12% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonAl Reem Island · 1 BR apartment
AskingAED 1,100/sqft
DLD Market AvgAED 1,245/sqft

Price Transparency

Estimate
This listing
AED 1,100/sqft
Area benchmark unavailable
Asking priceAED 823,000
DLD transfer fee (4%)AED 32,920
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,833
Agency commission (2%)AED 16,460
Est. total transaction costAED 878,413

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 - 39% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 523,600 compared to market rate.

Price per sqft comparisonAl Reem Island · 1 BR apartment
This PropertyAED 1,100/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
9.91%
Excellent Yield
Net Yield
8.54%
After charges
Estimated Rental Income
Monthly
AED 6,794
Annual
AED 81,528
Service Charge: AED 11,220/yr15 AED/sqft
Capital Appreciation (Abu Dhabi)
vs Area Average35.2% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,845

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 164,600)
5%80%
4.99%
2%8%
Property PriceAED 823,000
Loan AmountAED 658,400
Total InterestAED 495,132
Total Cost (Principal + Interest)AED 1,153,532

Estimated Upfront Costs

Down PaymentAED 164,600
DLD Registration (4%)AED 32,920
Agency Fee (2%)AED 16,460
Total UpfrontAED 213,980

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 662K

Avg. Price

AED 1,244.65

Avg. /sqft

5

Transactions

AED 631K23.3% lower
14 Feb 2026 1 Bed 425 sqftAED 1,485/sqft
Completed Sale
AED 368K55.2% lower
15 Jan 2026 1 Bed 356 sqftAED 1,035/sqft
Completed Sale
AED 594K27.8% lower
16 Nov 2025 1 Bed 725 sqftAED 819/sqft
Completed Sale
AED 1.01M22.8% higher
16 Nov 2025 1 Bed 748 sqftAED 1,351/sqft
Completed Sale
AED 705K14.3% lower
16 Nov 2025 1 Bed 460 sqftAED 1,534/sqft
Completed Sale

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