Property

Joud Residence by One Development

Location: Al Reem Island, Abu Dhabi

Al Reem Island is one of Abu Dhabi's most established and actively developing urban addresses — a mixed-use waterfront district positioned minutes from the capital's city centre. The island has matured into a high-density residential and commercial corridor, home to a significant population of professionals, families, and international residents drawn by its connectivity, lifestyle infrastructure, and proximity to key business and government hubs.

The district supports a strong and consistent retail demand base. With thousands of residents concentrated across a relatively compact island footprint, daily footfall for convenience, F&B, wellness, and lifestyle services is well-supported. Major retail destinations, schools, hospitals, and cultural institutions are all within easy reach, reinforcing Al Reem Island's position as a self-contained urban community.

Joud Residence is positioned within this established catchment, with ground-floor retail fronting one of Abu Dhabi's most sought-after island addresses — benefiting directly from the tower's 289 contemporary residences and the wider Al Reem Island population.

Project Overview

An AI-Integrated High-Rise with Ground-Floor Retail

Joud Residence is a G+48-storey AI-integrated residential tower developed by One Development. The project delivers 289 contemporary units across 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations, with intelligent community features embedded throughout the building. The tower incorporates forward-looking infrastructure including urban drone taxi access and a drone delivery system — positioning it among Abu Dhabi's most technologically advanced residential addresses.

Ground-floor retail completes the building's urban offering, providing commercial space that serves both the tower's resident base and the broader Al Reem Island community. With the residential component spanning a wide demographic range — from compact 1-bedroom units to large 4-bedroom homes — the retail catchment is diverse and consistent throughout the week.

Building Configuration

Structure
- G + 48 Residential Floors
- AI-integrated systems throughout
- Ground-floor retail with direct street access
Ground Level
- Retail units with frontage to the street and pedestrian approach
- Residential lobby and building entrance
Residential Mix (289 Total Units)
- 1-Bedroom (132 units): 854–2,337 sq. ft. — from AED 1.46 million
- 2-Bedroom (132 units): 1,254–3,041 sq. ft. — from AED 1.96 million
- 3-Bedroom (8 units): 2,695 sq. ft. — from AED 4.41 million
- 4-Bedroom (16 units): 3,408 sq. ft. — from AED 4.99 million
Amenities Level
- Rooftop and podium amenity zones
- Pool deck, wellness facilities, sports, and leisure areas

Retail Overview

Availability: Approximately 6 retail units available under one title deed
Total Retail Area: 3,789.65 sq. ft.
Individual Unit Sizes: Not individually specified in source documents; units form part of a single registered title
Starting Price: Approximately AED 3,600 PSF *******CONTACT US FOR SPECIAL NEGOTIATED PRICE
Payment Plan: 50/50
Handover: Q2 2029
Frontage: Ground-floor street-facing retail with direct access from external pedestrian circulation and building lobby

Payment Plan — 50/50

Stage	Milestone	%
Booking	Down Payment	10%
Month 6	2nd Instalment	5%
Month 12	3rd Instalment	6%
Month 18	4th Instalment	7%
Month 24	5th Instalment	10%
Month 30	6th Instalment	12%
Handover	Final Instalment	50%

***Additional DLD/ADM registration fees applicable on purchase.

Project Amenities

Infinity swimming pool
Wellness spa with sauna and treatment rooms
Hyperbaric Oxygen Therapy (HBOT)
Fully equipped indoor and outdoor gym
Jogging track
Sunken Majlis
Outdoor cinema
BBQ area
Sports court
Outdoor kids' playground
Urban drone taxi access
Drone delivery system
Intelligent community features throughout

Design & Finishes

AI-integrated building systems across residential and common areas
Contemporary architectural form — high-rise tower with sculpted facade
Intelligent community infrastructure embedded at building level
Ground-floor retail designed for active street-facing commercial use
Floor-to-ceiling glazing and premium finishes throughout residential floors

Views

Ground-floor retail frontage faces the street approach and pedestrian access of a high-density Al Reem Island address
The tower's elevated position offers upper-floor residents views across the Abu Dhabi waterfront and city skyline
Surrounding context includes established residential towers, waterfront promenades, and urban green corridors

Location

Al Reem Island, Abu Dhabi: An Established Urban Waterfront Address

Al Reem Island is a freehold development zone directly adjacent to Abu Dhabi's city centre, connected by multiple road bridges that allow seamless movement into the capital's core. The island has grown steadily into one of Abu Dhabi's most populated and commercially active residential districts, with a mature mix of towers, lifestyle retail, schools, hospitals, and waterfront amenities already in place.

For retail operators, Al Reem Island offers a densely populated catchment with high average household income, strong weekday and weekend footfall, and consistent demand for quality F&B, wellness, convenience, and professional services. The absence of a dominant single-destination mall on the island means neighbourhood retail carries real weight — residents rely on ground-floor and podium-level operators for daily and weekly needs.

Connectivity

Al Reem Island Bridge / Hazza' Bin Zayed Street: Direct connection to Abu Dhabi city centre and Corniche
Sheikh Zayed Road: Arterial link connecting westward to Abu Dhabi International Airport and key government districts
Al Falah Street and Al Salam Street: Connecting the island to wider Abu Dhabi residential and commercial zones

Proximity to Landmarks

5 minutes — Abu Dhabi city centre, Corniche, Cleveland Clinic Abu Dhabi
10 minutes — Abu Dhabi Mall, Nation Towers, ADNOC Headquarters
15 minutes — Yas Island, Louvre Abu Dhabi, Saadiyat Island
20 minutes — Abu Dhabi International Airport

The combination of an established resident population, strong infrastructure, and a forward-looking tower concept makes Joud Residence's ground-floor retail a well-positioned commercial opportunity on one of Abu Dhabi's most active island addresses.

Illustrative model

Scenario modeller

Set your own assumptions and see how Joud Residence Retail behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.

Purchase

Purchase price

The price you are actually considering.

Unit size

Drives the service charge only.

Time to handover

Rent and service charge both start here.

Holding & income

Gross annual rent

Your figure — we have not assumed one.

Rent growth

0% holds rent flat. It may be negative.

Vacancy allowance

8% is roughly a month plus re-letting.

Maintenance & management

Letting fees and routine repairs.

Service charge

Replace with the building's own schedule.

Acquisition costs

DLD transfer fee

4% is the Dubai standard.

Agency fee

Buyer-side. 5% VAT added.

Conveyancing, trustee & admin

Trustee, title deed, NOC.

Exit

Holding period

1 to 40 years.

Exit price growth

0% by default: we publish no price forecasts.

Sale agency fee

5% VAT added automatically.

Nothing to calculate yet

Enter the asking price to run the model.

Every figure recalculates as you type. Use the price you are actually considering.

How each figure is calculated

Handover: The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
Gross yield: Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
Net yield: (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
Rent growth: Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
ROI: Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
ROE: Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
Cash-on-cash return: Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
IRR: The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.

An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.

Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell’s Realty is a trading brand; the RERA-licensed entity is The Luxury Real Estate Brokers LLC.

Location

Joud Residence — Al Reem Island, Abu Dhabi

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Joud Residence Retail

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Joud Residence by One Development

Location: Al Reem Island, Abu Dhabi

Project Overview

An AI-Integrated High-Rise with Ground-Floor Retail

Building Configuration

Retail Overview

Payment Plan — 50/50

Project Amenities

Design & Finishes

Views

Location

Al Reem Island, Abu Dhabi: An Established Urban Waterfront Address

Connectivity

Proximity to Landmarks

Scenario modeller

Location

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