Renad Tower in Al Reem Island
Renad Tower · Al Reem Island, Dubai
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Launch Price
AED 1.07M
Property Type
Apartment
Bedrooms
1 - 3 Beds
Payment Plan
20/50/30
Handover
Q3 2026
Projected Yield
6.4 to 9.5%
With 1 - 3 beds layouts and a starting price of AED 1.07M, Renad Tower enters the Al Reem Island off-plan market. The payment plan is 20/50/30: 20% secures the unit, 50% is paid during construction, and 30% falls due at handover in Q3 2026. Abu Dhabi's core residential market draws government and corporate tenants, keeping demand consistent and projected gross yields 6.4 to 9.5%. MonthlyDubai can match you with Renad Tower and similar projects across Abu Dhabi based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 89,476/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 214,742 Due on signing SPA |
|
| During Construction | 50% | AED 89,476/mo 6 monthly instalments |
|
| On Handover | 30% | AED 322,113 Due at Q3 2026 |
|
| Total | AED 1,073,711 | ||
On Booking
20%
AED 214,742
Due on signing SPA
During Construction
50%
AED 89,476/mo
6 monthly instalments
On Handover
30%
AED 322,113
Due at Q3 2026
Total
100%
AED 1,073,711
Questions about Renad Tower
What payment plan does Renad Tower offer?
Renad Tower uses a 20/50/30 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q3 2026.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Renad Tower fits your budget and send you comparable alternatives.
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