Property prices for sale in Al Reef (Abu Dhabi)

The prices in real estate in Al Reef, in the Abu Dhabi region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

AED 1,434,974
Average price last 6 months
AED 867.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Al Reef has had a strong decrease during the last 6 months. In December, the average price per sq.feet was AED 1,592. In the following month the price per sq.feet decreased considerably to AED 728. The price for the following two months in (February, March) had a considerable decrease of 61 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of AED 932 to AED 738.5 during April, and May.

Average price

Based upon to the price in Al Reef (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is AED 1,470,782. In January This price remains at AED 1,420,738. In the following two months the average price has remained the same with regard to the previous two months from AED 1,445,760 to AED 1,487,233. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from AED 1,466,496.5 to AED 1,371,929 in April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 1,460,375 they are 53 % more affordable than the average price for Al Reef. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,407,688.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of AED 729 / sq.feet, with an average AED 740 / sq.feet price in Al Reef. The properties with the highest average prices have 4 bedrooms. They are 472 % more expensive than the average followed by properties with 1 bedroom with a price at AED 3,927 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 1,460,375 it is 68 % cheaper than the average price in Al Reef. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Flat". At a price of AED 1,052,738 it is 38 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Flat" at an average cost of AED 754 / sq.feet followed by "Villa" priced at AED 756 / sq.feet. "Apartment" is the most costly type of property with a AED 16,324 / sq.feet cost followed by "Townhouse" with an average price of AED 1,073 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Al Reef
Number of properties used in region Abu Dhabi
AED 1,460,375
AED 740
5,406
82,782
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bedroom Apartment For Sale At Tower 1
 5
2 Bedroom Apartment For Sale At Tower 1
AED 800,000
Al Reef, Abu Dhabi - For Sale - Apartment - 1,527 sq.feet - 2 bedrooms - 2 bathrooms
This property is a 141.96 sqm apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the tower 1 project in al reef downtown, abu dhabi...
2 Bedroom Apartment For Sale At Tower 18
 5
2 Bedroom Apartment For Sale At Tower 18
AED 850,000
Al Reef, Abu Dhabi - For Sale - Apartment - 1,582 sq.feet - 2 bedrooms - 2 bathrooms
This property is a 146.97 sqm apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the tower 18 project in al reef downtown, abu dhabi...
5 Bedroom Villa For Sale At Desert Style
 5
5 Bedroom Villa For Sale At Desert Style
AED 2,600,000
Al Reef, Abu Dhabi - For Sale - Villa - 3,749 sq.feet - 5 bedrooms - 6 bathrooms
This property is a 348.39 sqm villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the desert style project in al reef villas, abu dhabi. You...
3 Bedroom Villa For Sale At Desert Style
 5
3 Bedroom Villa For Sale At Desert Style
AED 1,430,000
Al Reef, Abu Dhabi - For Sale - Villa - 2,423 sq.feet - 3 bedrooms - 4 bathrooms
This property is a 225.20 sqm villa with 3 bedrooms and 4 bathrooms that is available for sale. It is part of the desert style project in al reef villas, abu dhabi. You...
1 Bedroom Apartment For Sale At Tower 24
 5
1 Bedroom Apartment For Sale At Tower 24
AED 600,000
Al Reef, Abu Dhabi - For Sale - Apartment - 800 sq.feet - 1 bedroom - 2 bathrooms
This property is a 74.32 sqm apartment with 1 bedroom and 2 bathrooms that is available for sale. It is part of the tower 24 project in al reef downtown, abu dhabi. You...
4 Bedroom Villa For Rent At Mediterranean Style
 5
4 Bedroom Villa For Rent At Mediterranean Style
AED 10,417
Al Reef, Abu Dhabi - For Rent - Villa - 2,858 sq.feet - 4 bedrooms - 5 bathrooms
This property is a 265.52 sqm villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the mediterranean style project in al reef villas, abu dhabi...
5 Bedroom Villa For Rent At Arabian Style
 5
5 Bedroom Villa For Rent At Arabian Style
AED 12,500
Al Reef, Abu Dhabi - For Rent - Villa - 40,364 sq.feet - 5 bedrooms - 6 bathrooms
This property is a 3,750 sqm villa with 5 bedrooms and 6 bathrooms that is available for sale. It is part of the arabian style project in al reef villas, abu dhabi. You...
4 Bedroom Villa For Rent At Arabian Style
 5
4 Bedroom Villa For Rent At Arabian Style
AED 11,667
Al Reef, Abu Dhabi - For Rent - Villa - 24 sq.feet - 4 bedrooms - 5 bathrooms
This property is a 2.29 sqm villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the arabian style project in al reef villas, abu dhabi. You...
4 Bedroom Villa For Rent At Mediterranean Style
 5
4 Bedroom Villa For Rent At Mediterranean Style
AED 11,250
Al Reef, Abu Dhabi - For Rent - Villa - 24 sq.feet - 4 bedrooms - 4 bathrooms
This property is a 2.29 sqm villa with 4 bedrooms and 4 bathrooms that is available for sale. It is part of the mediterranean style project in al reef villas, abu dhabi...
4 Bedroom Villa For Rent At Contemporary Style
 5
4 Bedroom Villa For Rent At Contemporary Style
AED 11,250
Al Reef, Abu Dhabi - For Rent - Villa - 2,856 sq.feet - 4 bedrooms - 5 bathrooms
This property is a 265.33 sqm villa with 4 bedrooms and 5 bathrooms that is available for sale. It is part of the contemporary style project in al reef villas, abu dhabi...