Al Reem Island — property prices & transactions
Al Reem Island has 26,463 recorded ADREC sale transactions, at a median price of AED 1,500,000 and AED 1,207 per built-up square foot. These are settled transactions, not asking prices.
ADREC registry · 2019-01-02 → 2026-07-30
26,463
Recorded sales
-11.2% vs last year
AED 1,207
Median AED per built-up sqft
+21.4% vs last year
AED 2m
Median sale price
AED 62.8bn
Total recorded value
80
Projects with sales
Median price by unit size
Per-sqft price and unit size move inversely — smaller homes command more per foot, so one blended figure hides which size a buyer is actually pricing.
| Unit size | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| Studio | 2,326 | AED 1,418 | AED 698,916 |
| 1BR | 11,074 | AED 1,200 | AED 1,176,000 |
| 2BR | 7,900 | AED 1,237 | AED 1,672,554 |
| 3BR | 3,719 | AED 1,126 | AED 2,463,000 |
| 4BR | 1,371 | AED 1,068 | AED 2,702,815 |
| 5BR | 73 | AED 1,089 | AED 11,941,857 |
By property type
| Type | Recorded sales | Median AED/sqft |
|---|---|---|
| apartment | 24,536 | AED 1,230 |
| villa | 890 | AED 1,102 |
| townhouse | 827 | AED 1,041 |
| duplex | 210 | AED 1,096 |
Off-plan vs ready
Off-plan sales register at a different price point from completed stock; splitting them keeps the median honest.
| Status | Recorded sales | Average price |
|---|---|---|
| Off-plan | 12,459 | AED 2m |
| Ready | 14,004 | AED 2m |
Most active projects
Ranked by recorded sales. Projects with at least 10 sales in this district.
| Project | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| Marina Square, Paragon Bay Mall | 4,147 | AED 1,040 | AED 1,250,100 |
| Radiant Square | 1,589 | AED 1,085 | AED 1,094,000 |
| Hydra Avenue (Hydra Towers) | 1,452 | AED 1,113 | AED 740,198 |
| Reem Hills - Phase 2D | 1,082 | AED 1,058 | AED 1,622,490 |
| Addax Tower | 1,050 | AED 978 | AED 1,808,591 |
| Sun & Sky, Boutik Mall | 1,040 | AED 1,038 | AED 1,500,000 |
| The Gate and Arc Towers | 997 | AED 996 | AED 1,130,000 |
| Pixel | 743 | AED 1,273 | AED 1,205,777 |
| The Bridges (Towers 1, 2, and 3) | 620 | AED 1,127 | AED 1,084,564 |
| Shams Meera Towers | 563 | AED 1,281 | AED 1,250,000 |
Recorded sales by year
| Year | Recorded sales |
|---|---|
| 2019 | 3,028 |
| 2020 | 3,042 |
| 2021 | 1,562 |
| 2022 | 1,706 |
| 2023 | 3,222 |
| 2024 | 3,271 |
| 2025 | 5,630 |
| 2026 | 5,002 |
Method
Figures are medians over recorded ADREC sale transactions — settled deals, not asking prices or portal listings. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. A median can move because the mix of what sold changed, not only because prices changed. Districts are published only where at least 30 sales are on record. This is market information for professional use, not investment, valuation, legal or tax advice.
Cite this page
You are welcome to quote these figures in articles, reports and client material. Please attribute them and link back so readers can check the period and method:
Knownable, "Al Reem Island property prices & transactions", https://www.knownable.com/en/districts/al-reem-island
Published under CC BY 4.0.
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