Mangrove Place — prices & recorded sales
Mangrove Place in Al Reem Island has 507 recorded ADREC sale transactions, at a median of AED 900,000 and AED 1,059 per built-up square foot. These are settled sales — what units actually sold for, not developer listings or asking prices.
ADREC registry · 2021-11-03 → 2026-07-27
507
Recorded sales
AED 1,059
Median AED per built-up sqft
+13.1% vs last year
AED 900,000
Median sale price
AED 505m
Total recorded value
2021–2026
First → latest sale
Median price by unit size
Recorded sales grouped by bedroom count. Sizes with fewer than five sales are omitted.
| Unit size | Recorded sales | Median AED/sqft | Median price |
|---|---|---|---|
| 1BR | 197 | AED 1,052 | AED 750,000 |
| 2BR | 267 | AED 1,095 | AED 1,000,000 |
| 3BR | 34 | AED 873 | AED 1,688,350 |
| 4BR | 6 | AED 776 | AED 1,420,000 |
How these sold
Off-plan versus completed stock, and first sales versus resales.
| Split | Recorded sales |
|---|---|
| Off-plan | 76 |
| Ready | 431 |
| First sale (primary) | 385 |
| Resale (secondary) | 122 |
Recorded sales by year
| Year | Recorded sales |
|---|---|
| 2021 | 2 |
| 2023 | 162 |
| 2024 | 167 |
| 2025 | 128 |
| 2026 | 48 |
Method
These are recorded ADREC sale transactions — what units in this project actually sold for. They are not developer listings, asking prices, or availability. Median AED per built-up square foot is converted from the registry's square-metre basis at 10.7639 sqft per sqm. Phase-level registry entries are grouped under the parent project. Projects 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, "Mangrove Place prices & recorded sales", https://www.knownable.com/en/projects/mangrove-place
Published under CC BY 4.0.
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