Mortgages on Al Reem Island
Finance Abu Dhabi's most popular expat community — waterfront apartments and stunning city views.
Al Reem Island is Abu Dhabi's most popular residential destination for expat professionals — a natural island off Abu Dhabi's northeastern coast with over 30 completed residential towers. Apartments with city skyline views, excellent connectivity to the mainland, and competitive prices make it the go-to for Abu Dhabi buyers.
Mortgage Facts for Al Reem Island
| Detail | Information |
|---|---|
| Average Property Price | AED 700K – 4M |
| Maximum LTV | 75% (expats) / 80% (UAE nationals) |
| Average price per sqft | AED 1,200–2,000 |
| Typical mortgage for 2BR | AED 1.2M–2.5M |
| Example EMI (AED 2M, 25yr, 3.79%) | ~AED 10,320/month |
| Rental yield | 6–8% p.a. |
| Dominant developer | Aldar Properties, Tamouh, RAK Properties |
| CBD proximity | 5 min to Abu Dhabi CBD |
Popular Areas in Al Reem Island
- Shams Abu Dhabi
- Marina Square
- City of Lights
- Gate Towers
- Najmat Abu Dhabi
Buying Tips for Al Reem Island
- Al Reem Island is Abu Dhabi's most liquid property market — easiest resale in the emirate.
- City of Lights sub-district offers newer builds and higher spec than older Shams Abu Dhabi towers.
- New bridges and road connections to Abu Dhabi mainland have improved commute times significantly.
Frequently Asked Questions
Is Al Reem Island freehold?
Yes, Al Reem Island is a designated investment zone in Abu Dhabi where all nationalities can own freehold property. UAE bank mortgages are fully available.
How does Al Reem Island compare to Dubai Marina?
Al Reem Island is Abu Dhabi's equivalent of Dubai Marina — popular, liquid, and well-serviced. Prices are generally 20-30% lower than Dubai Marina, with similar lifestyle amenities.
Recommended Banks for Al Reem Island Mortgages
Based on lending criteria, property approvals, and competitive rates for Al Reem Island properties, Mortigo recommends the following UAE banks:
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Buying Property in Abu Dhabi
Al Reem Island is Abu Dhabi's most popular residential destination for expat professionals — a natural island off Abu Dhabi's northeastern coast with over 30 completed residential towers. Apartments with city skyline views, excellent connectivity to the mainland, and competitive prices make it the go-to for Abu Dhabi buyers.
Popular Areas in Abu Dhabi
Quick Facts
AED 700K – 4M
75% (expats) / 80% (UAE nationals)
Mortgage Rates & Costs
AED 1,200–2,000
AED 1.2M–2.5M
~AED 10,320/month
6–8% p.a.
Aldar Properties, Tamouh, RAK Properties
5 min to Abu Dhabi CBD
Tips for Buying in Abu Dhabi
Abu Dhabi Mortgage FAQs
Is Al Reem Island freehold?
Yes, Al Reem Island is a designated investment zone in Abu Dhabi where all nationalities can own freehold property. UAE bank mortgages are fully available.
How does Al Reem Island compare to Dubai Marina?
Al Reem Island is Abu Dhabi's equivalent of Dubai Marina — popular, liquid, and well-serviced. Prices are generally 20-30% lower than Dubai Marina, with similar lifestyle amenities.