Al Reem Island · Abu Dhabi · Off-plan

The island that moved
inside Abu Dhabi's financial centre.

Al Reem Island is the second most transacted area in the entire emirate of Abu Dhabi — AED 9.45 billion in a single quarter. Apartment prices across the emirate rose 19% in 2025, and foreign buyers own here outright. Since 2023 the island has sat inside Abu Dhabi Global Market, the emirate's international financial centre, and since 2025 its land registry has been run there too.

1,460,000 AED Starting price
50/50 Payment plan
Q2 2029 Planned handover
What changed here

A residential island that became a business address

On 24 April 2023 the jurisdiction of Abu Dhabi Global Market — the emirate's international financial centre — was extended to take in Al Reem Island. This is not a statement of intent: since November 2023 every new business on the island must register through ADGM rather than the municipal authority, and since January 2025 the island's own land registry has passed to ADGM as well.

14.38 million sqm inside the financial centre

The financial district now spans Al Maryah Island and Al Reem Island together. Before the extension it was confined to one island and to roughly a tenth of that area.

1,100+ companies added on the island

As at the completion of the integration in February 2025: more than 600 new businesses established on Al Reem, and more than 500 existing businesses moved onto an ADGM licence.

500,000 sqm of offices brought inside

This is the office space added to the financial centre by the annexation of the island — almost all of it on Al Reem itself.

+148% office leasing deals on the island

In the first half of 2026, while across the emirate as a whole the number of office leasing deals fell by 13%. The island is drawing demand precisely as the market around it contracts.

Who is already there

Sorbonne, Repton, Nord Anglia, GEMS — campuses on the island

Sorbonne University Abu Dhabi has been on the island since December 2009, on a dedicated campus of more than 93,000 sqm with classrooms, leisure facilities and student residences; its degrees are awarded by Sorbonne Université and Université Paris Cité. Repton School Abu Dhabi runs two campuses on the island, from nursery to the end of secondary. Alongside them are Nord Anglia International School, and GEMS World Academy in the Najmat district.

First Abu Dhabi Bank, Janus Henderson, PATRIZIA

First Abu Dhabi Bank, the largest bank in the UAE, is registered at Addax Port Office Tower on the island. Janus Henderson, the international asset manager, keeps its Abu Dhabi office at Tamouh Tower; and PATRIZIA, the European real-estate and infrastructure investment manager listed in Frankfurt, keeps its Abu Dhabi office at Sky Tower.

Crown Agents, Stonepeak, Kotak Mahindra — registered at an address on the island

Crown Agents Global Markets — the Abu Dhabi arm of London's Crown Agents Bank, a cross-border payments and FX bank with almost two hundred years of history — is registered at an address in Sky Tower. Also registered at addresses on the island: Stonepeak, the New York infrastructure and real-assets investment firm, at Addax Port Office Tower; Kotak Mahindra, of the Indian banking group, at Tamouh Tower; Hidden Road, the global prime brokerage owned by Ripple, at Sky Tower; and Binance's ADGM-licensed arm, Nest Trading.

Of the 483 financial services firms regulated by ADGM's Financial Services Regulatory Authority, 103 are registered today at an address on Al Reem — 96 of them active. The majority is still registered on Al Maryah, the financial centre's older island, and that makes sense: Al Reem only came inside the jurisdiction in April 2023.

Across the financial centre as a whole: 13,353 active licences in Q1 2026, of which 961 were new in that quarter alone, and 263 funds — up 43% year on year. Headcount stands at 47,047, though a substantial part of that jump comes from absorbing people who already worked on Al Reem rather than from new jobs.

The current project

Joud Residence

One Development · Al Reem Island — off-plan homes at launch pricing on a 50/50 payment plan.

Joud Residence — the tower from above, looking out over the canal
Joud Residence — the tower and the island skyline at dawn
Joud Residence — the rooftop level and the pool at dusk
G+48Residential tower
475 m²Retail space at the base
50/50Payment plan
Q2 2029Handover

The unit mix and launch prices

One bedroom 1,460,000 AED · 79–217 m² · 132 units
Two bedrooms 1,960,000 AED · 117–283 m² · 132 units
Three bedrooms 4,410,000 AED · 250 m² · 8 units
Four bedrooms 4,990,000 AED · 317 m² · 16 units

Prices are the starting price for each unit type. Note the mix: in the whole tower there are only 8 three-bedroom and 16 four-bedroom homes.

The payment schedule

On booking 10%
Month 6 5%
Month 12 6%
Month 18 7%
Month 24 10%
Month 30 12%
On handover 50%

Half the price is spread across construction, and the other half is paid only on handover.

What is in the building

Infinity pool
Fully equipped gym, indoor and outdoor
Spa and wellness with sauna and treatment rooms
Hyperbaric oxygen therapy (HBOT)
Outdoor cinema
Running track
Sports court
Children's playground
Barbecue area
Sunken majlis
Access for urban air taxis
Drone delivery system

The amenities list is as published by the developer. The last two — the air-taxi and drone-delivery infrastructure — are the developer's stated design intent, not a service running today.

The island

What already stands there, and what is still coming

Open today 183,400 sqm — Reem Mall

The mall opened formally in May 2024 and occupancy is approaching 90%. Inside it is Snow Abu Dhabi, an indoor snow park with 20 rides and attractions.

Open today 2 bridges new marine links to the highway

Opened in March 2026, connecting the island directly to the E-12. A combined 1.5 km, built for AED 450 million, with a 2 km pedestrian and cycle route alongside.

Open today Reem Central Park a finished central park

An urban park completed on the island, with 11 businesses inside it. Beside it run the waterfront promenade and beaches of Shams Abu Dhabi.

Open today Autonomous taxis running on the island since July 2025

A driverless taxi service operates across Al Reem and Al Maryah. Alongside it a trackless tram links Reem Mall to Marina Mall as a weekend pilot.

And what is coming to the area

Opening date confirmed December 2026 Guggenheim Abu Dhabi

Abu Dhabi's Guggenheim opens on 11 December 2026 on Saadiyat, the neighbouring island: 80,000 sqm built, of which 11,600 sqm is interior gallery space and a further 23,000 sqm is outdoor display. The date was announced officially in July 2026.

Announced · enabling works 60 billion AED — financial district expansion

In December 2025 Mubadala and Aldar announced an expansion of the financial district on Al Maryah, Al Reem's twin island under the same jurisdiction: 1.5 million sqm mixed-use, of which more than 450,000 sqm is Grade A office. Enabling works from 2026.

Phase 1 open · rest in design 2028 the roads that carry the island onward

The Umm Yifeenah Bridge — an 11 km six-lane highway — is phase 1 of the Mid-Island Parkway and is open. The links from Al Reem to Saadiyat, Al Raha Beach and Khalifa City are in design, targeted for completion in 2028.

Under construction 75,000 sqm Saadiyat Grove Mall

An Aldar mall under construction on Saadiyat, with more than 85 fashion and beauty stores and 40 dining outlets. The developer states a 2026 launch — with no exact date, and after the date has already slipped once.

Launched · enabling works 100 billion AED — Marsa Al Saadiyat

The final phase of the Saadiyat masterplan, launched in July 2026: 6.4 million sqm, more than 58,000 future residents and a 350-berth marina. Still at enabling works — and planned to connect to Al Reem by new roads and tunnels.

Announced · no opening date Disney's 7th park worldwide — to be built on Yas Island

On 7 May 2025 The Walt Disney Company and Miral announced Disneyland Abu Dhabi — Disney's seventh theme-park destination worldwide, after California, Florida, Tokyo, Paris, Hong Kong and Shanghai. It will be built on Yas Island, a different island in the emirate and not on Al Reem. Miral will develop, build and operate the resort, and Disney is responsible for the creative design and the operational oversight. No opening date has been given.

Announced · no opening date 1.7 billion USD — the build cost of Sphere Abu Dhabi

Sphere's first venue outside the United States will be built on Yas Island — a different island in the emirate, not Al Reem — on the plot between Yas Mall and SeaWorld Abu Dhabi, holding up to 20,000 people depending on the event configuration. The location was announced in May 2026 by Abu Dhabi's Department of Culture and Tourism together with Sphere Entertainment, and construction is expected to finish by the end of 2029. No opening date has been given.

Every item on this list has been announced officially by the authority or by the developer named beside it, and its status is written on the card — including the absence of an opening date, and which island it is on. What is not on the list matters just as much: Abu Dhabi has no metro, and no light-rail or high-speed-rail station has been announced for Al Reem.

More projects on the island

The market

Where Abu Dhabi stands

In Q1 2026 Al Reem Island was the second most transacted area in the whole of Abu Dhabi — AED 9.45 billion, behind only Hudayriyat Island and ahead of Saadiyat and Yas. That is the regulator's own figure, not a broker's.

Total Abu Dhabi transactions, H1 2026 117 billion · AED — up roughly 112% on the same half last year
Foreign property investment in that half +309% · AED 13.8 billion, from investors in 116 countries
Apartment price growth in 2025 +19% · on actual transaction prices, across the emirate
And who is buying: in 2025 Abu Dhabi sold AED 76 billion of apartments, four times the 2023 figure. Around 71% of deals were off-plan purchases — 15,900 transactions, up 68% in a year. This market is no longer a niche.
What you need to know

The rules on buying here

Full foreign ownership — since 2019

Abu Dhabi's 2019 property-law reform allows foreign nationals to hold full freehold ownership in designated investment zones, with absolute title to the unit. Al Reem Island is one of those zones.

The island's title register moved to the financial centre

Since 1 January 2025 the land registry for Al Reem Island is no longer run by the municipal authority but by the ADGM Registration Authority, under its own real-property regulations — strata registration included. That is a material difference: your title is recorded on the register of an international financial centre.

Buying off-plan — where the money sits

An off-plan purchase in Abu Dhabi is registered and administered with the local regulator, and buyers' payments are held in the project's escrow account. We go through the project documents and the payment schedule with you before you sign.

Let's move

Price list and floor plans

We'll send you the current prices by unit type, the full payment schedule, floor plans, and what is actually available as of today.

Lana Lev
Lana Lev Senior Property Advisor Speaks: English · Russian
Questions that keep coming up

Questions and answers

Why Al Reem Island and not somewhere else in Abu Dhabi?
Because it is the only address in the UAE that is both a finished residential neighbourhood and part of an international financial centre. Since April 2023 the island has sat within ADGM's jurisdiction, and by February 2025 more than 1,100 companies had been added on it. In Q1 2026 it was the second most transacted area in all of Abu Dhabi, at AED 9.45 billion.
Can foreigners buy there outright?
Yes. The 2019 reform allows foreign nationals full freehold ownership in designated investment zones in Abu Dhabi, and Al Reem Island is one of them. Since 1 January 2025 registration itself goes through the ADGM Registration Authority rather than the municipality — meaning your title is recorded on the register of an international financial centre.
What is already on the island today?
Reem Mall, 183,400 sqm, opened formally in May 2024 with the Snow Abu Dhabi snow park inside it, and occupancy approaching 90%. There is a finished central park, a waterfront promenade, and in March 2026 two new marine bridges opened linking the island directly to the E-12 highway. Autonomous taxis have run on the island since July 2025.
How do you get to the island, and what about rail?
Access today is by road: two new marine bridges opened in March 2026 connect directly to the E-12, alongside the six-lane Umm Yifeenah Bridge. On the island itself there are autonomous taxis and a trackless tram running as a pilot. Let's be precise about the rest: Abu Dhabi has no metro — the project was announced in 2008 and no construction contract was ever signed — and the high-speed line contracted in February 2026 between Abu Dhabi and Dubai has no station on Al Reem. Anyone promising you a metro station on the island is inventing it.
Who actually leases offices there?
First Abu Dhabi Bank, the largest bank in the UAE, is registered at Addax Port Office Tower on the island, and alongside it sit funds and investment houses holding ADGM licences at Sky Tower, Tamouh, Oceanscape and Najmat. In the first half of 2026 the number of office leasing deals on the island rose by more than 148%, while across the emirate as a whole it fell by 13%.
Is the Abu Dhabi market really growing, or is that a headline?
It is the regulator's own figure. In the first half of 2026 Abu Dhabi recorded AED 117 billion of property transactions, up roughly 112% on the same half last year. Foreign property investment in that period reached AED 13.8 billion, four times the previous half, from investors in 116 countries. Apartment prices rose 19% in 2025.
Why this project in particular?
Because it is at the stage where the terms are best — launch pricing and a 50/50 payment plan. We are not tied to one project: this page shows the most relevant opportunity on the island at any given moment, and if a better one launches we will swap it. Either way you get the price list and the real availability as of today from us.

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