A tree lined street in Masdar City, Abu Dhabi, with low rise apartment buildings

15 homes listed today, every one an apartment

Apartments for Sale Under 1 Million AED

In Abu Dhabi, one million buys floor area or an address, rarely both.

15 apartments listed with us from AED 550,000, 7 of them finished. That price buys 1,011 sq ft in Al Ghadeer. AED 780,000 buys 341 sq ft on Al Maryah Island.

15Homes listed with us
AED 550,000Lowest asking price
7Finished homes among them
23Off plan projects in range

Start with what the home is for

Fifteen homes is short enough to go through one by one.

Under AED 1 million today

Under AED 1 million in Abu Dhabi at a glance

Fifteen homes is the whole list, so every figure below is counted home by home from our own stock.

Homes listed with us
15, from AED 550,000 to AED 1,000,000
What they are
All apartments: 7 studios, 7 one bedrooms, 1 two bedroom
Finished or contract
7 finished homes, 8 off plan contract resales
Floor area
341 sq ft to 1,042 sq ft
Price per sq ft
AED 544 in Al Ghadeer to AED 2,287 on Al Maryah Island
Islands on the list
Al Reem and Al Maryah. No home on Yas or Saadiyat
Priced below AED 750,000
4 homes, in Al Ghadeer, Masdar City and Zayed City
Off plan projects under AED 1 million
23 in our catalogue, three at AED 500,000 or less

The trade at this price

Three prices that put a number on the trade

Every home here is an apartment, so the choice is square feet against location. Three examples from our list show what it costs.

AED 550,000 buys 1,011 sq ft

A finished studio with a terrace in Al Ghadeer, on the Dubai border. The lowest price on the list.

Reference 126-5636, AED 544 per sq ft

AED 780,000 buys 341 sq ft

A canal view studio at Al Maryah Vista 2, sold as a contract. A third of the floor area for AED 230,000 more.

Reference 46-762, AED 2,287 per sq ft

Two homes AED 50,000 apart

AED 950,000: a finished two bedroom of 1,042 sq ft in Al Ghadeer. AED 1,000,000: a 642 sq ft one bedroom contract on Al Reem.

References 130-4128 and 398-4200

Where the homes are

Six areas hold 13 of the 15 homes

Mainland homes give floor area, island homes give the address. Each card also says how many of its homes are finished.

Al Ghadeer

FromAED 550,0004 homes, all finished

The most floor area for the money, AED 544 to AED 1,359 per sq ft.

Al Reem Island

FromAED 825,0004 homes, 2 finished

Two finished studios and two contracts, AED 1,558 to AED 1,995 per sq ft.

Masdar City

FromAED 699,9992 homes, both contracts

A studio at Plaza, and a one bedroom at Royal Park at AED 820,000.

Al Maryah Island

FromAED 780,0001 home, a contract

A 341 sq ft studio: our lowest island price and the highest rate per sq ft, AED 2,287.

Zayed City

FromAED 720,0001 home, a contract

A studio at Bloom Living, one of four homes priced below AED 750,000.

Al Reef

FromAED 900,0001 home, finished

An 836 sq ft one bedroom in Al Reef Downtown, AED 1,077 per sq ft.

Al Shamkha (AED 850,000 at Reeman Living) and Khalifa City (AED 1,000,000) hold one contract resale each. Homes sell every week.

Listed with us

Properties under AED 1 million for sale now

The six lowest priced of our fifteen homes, with floor area on each card. A home leaves the list the day it sells.

View all homes under AED 1 million

Off plan under AED 1 million

23 off plan projects priced under AED 1 million

Aldar, Bloom, Reportage, Radiant and Tamouh all sell in this range, and Reeman Living Phase 2 starts at AED 407,000. You pay across the build.

View all off plan projects in this range

By size

Studio to two bedrooms, by floor area

From the lowest price on the list to the highest, the price moves 1.8 times and the floor area three times. Compare by size, not price.

SizeOn the listFloor area
StudioThree finished, four contracts. The 1,011 sq ft studio in Al Ghadeer is the outlier.7 homes341 to 491 sq ft, one at 1,011
1 bedroomThree finished. Size does not follow price: 652 sq ft at AED 700,000, 484 at AED 850,000.7 homes484 to 836 sq ft
2 bedroomsFinished, in Al Ghadeer at AED 950,000.1 home1,042 sq ft

Ready or off plan

Ready or off plan under AED 1 million

Our list holds both: 7 finished homes and 8 contracts sold on before handover. The route decides the keys, the rent and the islands.

Ready or off plan under AED 1 millionReadyOff plan
Listed with us today7 finished homes, from AED 550,0008 contract resales from AED 699,999, and 23 projects
Islands in reachAl Reem Island only, two studiosAl Maryah and Al Reem, plus Yas Island at Gardenia Bay from AED 805,000
Cash at the startThe price at transfer, or a 20% Down Payment with a mortgageA Down Payment at booking, then instalments during the build
RentFrom the first tenancyNothing until handover
What you can checkThe home, the view and last year's service chargePlans, renders and the developer's sales gallery
Who sells itThe owner of the homeThe developer, or a buyer reselling a contract

Buying for rent? Go ready: at this price the rent is the whole case. Set on Yas Island? Under AED 1 million it appears only in the off plan list.

On top of the price

What you pay on top, and the yearly bill

Fee rates are the same at every price in Abu Dhabi. On a small apartment the yearly service charge weighs more, so it sits in the table too.

CostAmountNotes
Transfer fee2% of the priceAED 11,000 on the AED 550,000 studio, AED 20,000 at AED 1,000,000.
Down Payment with a mortgage20%, or 15% for UAE nationalsAED 110,000 on the lowest priced home, AED 200,000 at the ceiling.
Mortgage arrangementAbout 1% of the loanAED 4,400 on an AED 440,000 loan, plus a valuation of about AED 3,000.
Service chargeAED 8,000 to over 25,000 a yearBilled by the square foot, so the largest home costs the most to run, whatever its price.

The least cash to own here: about AED 128,400

On the finished AED 550,000 studio with a mortgage: AED 110,000 Down Payment, an AED 11,000 transfer fee, AED 4,400 arrangement and about AED 3,000 valuation. A UAE national needs about AED 101,175.

Standard rates at the time of writing. Each building sets its own service charge, so we ask for last year's actual bill before you offer.

What it lets for

Indicative gross yields by area

At this price most buyers are buying to let. These are area figures from our own research, not a figure for any one apartment.

AreaIndicative gross yieldWorth knowing
Al GhadeerStudios 8.69% to 9%, one bedrooms 7.2% to 8.5%Commuters working across both emirates keep units let.
Al ReefApartments up to about 9.2%The highest area figure here, on one finished home at AED 900,000.
Masdar CityApartments up to about 8.5%Tenants come from the university and the companies on site.
Al Reem IslandStudios up to about 8.47%, one bedrooms about 7.67%The deepest tenant pool in the city.

After costs6.6%

Before costs
7.5%
In your hand, monthly
AED 4,400

An estimate on the figures you enter, not a forecast. Service charges differ by building.

Gross yield is a year's rent divided by the price. Take one to two points off for the service charge, management and maintenance.

The AED 750,000 line

Where the residence line falls on this list

The published property investor residence starts at AED 750,000, well below two million. It asks for a completed home, so status counts as much as price.

Nothing from the propertyBelow AED 750,000
2 years, renewableAED 750,000 and above
Golden Visa tierAED 2,000,000 and above

This price reaches2 years, renewable

11 of the 15 by price, 5 of them finished homes from AED 825,000. In some categories only.

These are the published positions today and they can change. We do not advise on immigration.

Asked at this price

Buying under AED 1 million in Abu Dhabi

Yes. We list 15 homes from AED 550,000 to AED 1,000,000, all apartments: 7 finished and 8 sold as contracts before handover. Our catalogue holds another 23 off plan projects below AED 1 million.

A short list, home by home

We go through the fifteen with you

Tell us if the home is to let or to live in. We reply with the floor area, last year's service charge and the rent each building achieves, and we say plainly when a home is not worth a viewing.

  • 15Homes listed with us
  • AED 550,000Lowest asking price
  • 7Finished homes among them

Start with what the home is for

Fifteen homes is short enough to go through one by one.