abudhabi-rent·apartment·Al Reem Island

Full Sea View | High Floor | Ready to Move In

Canal Residence

apartment1 BR2 BA890 SQFT

-AED 5K

Price Cut

AED 140

PRICE/SQFT

32d

On Market

AED 644

MONTHLY EST.

Times Dropped

Current asking price

AED 125K

−3.8% (-AED 5K) from last price

🔄

Relisted — this listing was removed and reappeared (last: 10 Apr)

Listing details

Bedrooms

Bathrooms

Size

890 sqft

Price/sqft

AED 140

Area

Al Reem Island

Building

Canal Residence

Listed

13 Mar 2026

Broker: Savills Abu Dhabi·Ref: AP44259

Price history

17 Mar 2026

Original

AED 130K

10 Apr 2026

Drop #1

AED 125K

−3.8% (-AED 5K)

Total reduction: −3.8% (-AED 5K off original)

Price History

Upgrade to Insider

Mortgage Estimate

AED 644 /month

20% down · 25yr · 6% rate (UAE Central Bank guidelines)

Down Payment (20%)

AED 25K

DLD Fee (4%)

AED 5K

Total to Close

AED 30K

Loan Amount

AED 100K

Market comparables

AED 140/sqft — 87% below area avg of AED 1,107/sqft

Ranked #2 of 4 by price/sqft (lower is better)

Price/sqft distribution

Title	Price	/sqft	Drop
Limited Offer \| 1BR Sea View \| Open…	AED 105K	118	—
Marafid Tower \| Luxury Living \| Boo…	AED 1.72M	1,421	—
Partial Canal View \| 2BR+M w/ Balco…	AED 2.60M	1,783	—

Showing 3 of 3 comparable listings in the same area

Market Comparables

Upgrade to Insider

Area intelligence — Al Reem Island

4 active listings in this area

Median price

AED 921K

Median /sqft

AED 781

Price range

AED 105K – AED 2.60M

Avg. days listed

10d

3 similar 1-bed apartments in Al Reem Island

↓ 223 drops this month vs 446 last month(slowing market)

Area Intelligence

Upgrade to Insider

View original listing

Opens on PropertyFinder

Open listing

Deal score

52/100Good opportunity

Price dropped 3.8%

7/35

Negotiability (22/100)

6/25

86% below median

20/20

Data confidence 90%

9/10

Relisted (urgency signal)

10/10

DropNegot.MedianConf.Relist

Deal Score

Upgrade to Insider

Seller motivation

25/100Holding

Listed 32 days ago — Over a month listed10/25

1 price cut5/25

Total reduction: 3.8%5/25

Seller Motivation

Upgrade to Insider

Negotiability

Limited flexibility

Seller motivation

10/40

Price cuts count

4/20

Total price reduction

4/20

Time on market

4/15

Suggested offer range

AED 116K – AED 121K

3–7% below asking of AED 125K

Based on market data for similar properties in this area

Negotiability Score

Upgrade to Insider

Area comparison

86% below median

Area median: AED 921K (4 active listings in Al Reem Island)

Median

LowHigh

Area Comparison

Upgrade to Insider

Data confidence

90%

Why: sourced from Bayut with verified reference number

Need a specialist?

Connect with a verified UAE property, car or watch professional.

Browse verified pros →

Similar opportunities

Vacant | Near The Entrance | Modern Layout

townhouse · Al Jubail Island

AED 290K

Single Row| Corner 4BR+Maids| Landscape Provision

townhouse · Al Jubail Island

AED 350K

Elite 3BR|Modern Living|Prime Area|Top Facilities

townhouse · Noya Viva

AED 200K

Upcoming| Single Row Mid| Top Layout |Prime Area

townhouse · Noya Viva

AED 200K

Browse all →