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
Listed 83 days 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
Views151
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

Deal Scoreâ„¢

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.

Price per sqft comparisonAl Reem Island · 1 BR apartment
AskingAED 1,129/sqft
DLD Market AvgAED 1,245/sqft

Price Transparency

Estimate
This listing
AED 1,129/sqft
Area benchmark unavailable
Asking priceAED 402,000
DLD transfer fee (4%)AED 16,080
Trustee fee (flat)AED 2,100
Mortgage registration (0.25% of 75% LTV)AED 1,044
Agency commission (2%)AED 8,040
Est. total transaction costAED 429,264

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 - 37% Below Market!

This property is priced significantly below the Al Reem Island average of AED 1800/sqft. You could save AED 238,876 compared to market rate.

Price per sqft comparisonAl Reem Island · 1 BR apartment
This PropertyAED 1,129/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
9.65%
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
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

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 667K

Avg. Price

AED 1,235.4

Avg. /sqft

5

Transactions

AED 715K77.8% higher
17 Mar 2026 1 Bed 725 sqftAED 986/sqft
Completed Sale
AED 671K67.0% higher
17 Mar 2026 1 Bed 460 sqftAED 1,459/sqft
Completed Sale
AED 585K45.4% higher
17 Mar 2026 1 Bed 425 sqftAED 1,375/sqft
Completed Sale
AED 907K125.7% higher
15 Feb 2026 1 Bed 748 sqftAED 1,213/sqft
Completed Sale
AED 458K14.0% higher
16 Jan 2026 1 Bed 401 sqftAED 1,143/sqft
Completed Sale

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