Al Reem Island · Listing

Modern Studio | Near Metro | Investor Deal | Apartment in Al Reem Island

AED 402,000

AED 1,129 per sqft

Permit Pending Verification

Modern Studio | Near Metro | Investor Deal | Apartment in Al Reem Island

Al Reem Island, Abu Dhabi
4mo ago
1
Beds
1
Baths
356
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Horizon Tower, Al Reem Island. This 356 sqft property offers excellent value at AED 402,000. Located in the heart of Abu Dhabi, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views156
Referenceff8cafbe-3be4-42eb-845b-bbeadc3954fd

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

6.9/ 10
Good Value9.3% below market

At AED 1,129/sqft vs 1,245/sqft market average in Al Reem Island, this listing is 9% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,129

DLD Market Avg

AED 1,245

Avg

AED 765,152

Median

AED 741,000

Range

402K–1150K

DLD Benchmark
Property priceAED 402,000
DLD transfer fee (4%)AED 16,080
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 1,005
Agency commission (2%)AED 8,040
Total to acquireAED 431,325

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
9.65%
Excellent Yield
Net Yield
8.32%
After charges
Estimated Rental Income
Monthly
AED 3,234
Annual
AED 38,802
Service Charge: AED 5,340/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 Average68.4% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 1,878

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 80,400)
5%80%
4.99%
2%8%
Property PriceAED 402,000
Loan AmountAED 321,600
Total InterestAED 241,850
Total Cost (Principal + Interest)AED 563,450

Estimated Upfront Costs

Down PaymentAED 80,400
DLD Registration (4%)AED 16,080
Agency Fee (2%)AED 8,040
Total UpfrontAED 104,520

Recent Apartment Transactions

Similar apartments sold in Al Reem Island

AED 642K

Avg. Price

AED 1,196.32

Avg. /sqft

5

Transactions

AED 620K54.1% above this listing
1 Jun 2026 1 Bed 725 sqftAED 855/sqft
Completed Sale
AED 505K25.5% above this listing
2 May 2026 1 Bed 425 sqftAED 1,188/sqft
Completed Sale
AED 896K122.8% above this listing
2 Apr 2026 1 Bed 748 sqftAED 1,197/sqft
Completed Sale
AED 695K72.8% above this listing
1 Feb 2026 1 Bed 460 sqftAED 1,510/sqft
Completed Sale
AED 494K22.9% above this listing
2 Jan 2026 1 Bed 401 sqftAED 1,232/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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