Apartments and flats for sale in Al Reem Island

Apartments for sale in Al Reem Island

This multifunctional district of Abu Dhabi is considered one of the most prestigious and in-demand areas for real estate acquisition. Among the buyers are locals, international investors and expats. The list of offerings includes move-in-ready apartments in Abu Dhabi’s secondary real estate market with renovations and furniture as well as diverse options in off-plan buildings.

Most residential buildings in the area are high-rises with premium amenities that provide maximum comfort. The infrastructure often includes adult and children's swimming pools, a gym, sports and play complexes and relaxation areas on roofs or building podiums. The higher the project class is, the more amenities it offers. Apartment prices in Al Reem Island have a wide range, as there are both premium-class projects and more affordable complexes. The cost is influenced by various factors, including location, area, year of construction, various additional amenities and infrastructure.

The most commonly sold types of apartments in Al Reem Island for investment are:

• Studios. These are compact living units, typically around 30 m². They have only one room combined with a kitchen, and the layout ensures maximum use of space. You can find studios with balconies and pools in luxurious residential complexes.
• Apartments. These units have 1–5 bedrooms, a combined kitchen/living room, and 1+ bathrooms. More expensive options feature a maid's room, home office, laundry room, guest bathroom, and a terrace with a Jacuzzi or pool.
• Penthouses. These are exclusive properties occupying the upper floors of buildings. They have large areas, at least 4 bedrooms, and spacious terraces, sometimes equipped with Jacuzzis or pools. These housing units provide their residents with a high level of comfort and privacy.

Reasons for investing in apartments in Al Reem Island

Investments in an apartment in Al Reem Island, UAE, appeal to buyers with various strategies—rental, resale or a long-term investment. As 2024 statistics show, the local real estate market is actively growing, and the direction is considered one of the most attractive areas for investment. Here are facts in favour of investments:

• High rental yield. On average, the income from rental property is about 9% per year. This is significantly higher than in other regions of the capital.
• Price growth. The cost of local properties increases by an average of 5–10% per year indicating market stability.
• Active construction. Around 40 projects were launched in Abu Dhabi last year, bringing 11,000 brand-new housing units to the domestic real estate market. The largest number of new buildings was launched in this island community—2,000 units.
• Economy. The country boasts a reliable and diversified economy, which reduces excessive dependence on oil sales revenue. The UAE dirham (AED) has been pegged to the US dollar at a stable rate of AED 3.67 for over 20 years, minimizing currency risk for investors.
• No taxes. The UAE has no taxes for individuals. This significantly increases the attractiveness of real estate investments.
• Cutting-edge infrastructure. There is everything needed for comfortable living: schools, clinics, shopping centres, stores, parks, recreation areas and beaches. Communities with advanced infrastructure have higher rental rates, and there is always high demand from tenants.

This direction offers numerous advantages, including high profitability, rising property values, a growing market with a positive outlook, zero taxes, and the opportunity to obtain a residence permit. If you are eager to invest in a property in Abu Dhabi profitably, the best solution is to seek assistance from a qualified specialist. Thus, you will be confident that you are investing in reliable and profitable projects.

Buying an apartment in Al Reem Island

Discover the best prices of local housing units or explore other profitable investment directions in the UAE. Our website features an extensive collection of flats and villas in Abu Dhabi. Start your search straight away to pick the home of your dreams!