
Ocean Terrace is a residential complex by developer Mismak Properties, located in the Marina Square area on Al Reem Island in Abu Dhabi. The building forms an expressive silhouette of the urban landscape and sets a high standard of modern life in the UAE capital. The architectural appearance of the complex is characterized by laconic lines and panoramic glazing, which maximizes the views of the marina and the Persian Gulf. The facades are made using high-quality materials that emphasize the status of the project. Apartments in Ocean Terrace are presented with 1-3 bedrooms and combine functionality and elegance. The interior is decorated with attention to detail: modern air conditioning systems are installed, spacious dressing rooms and ergonomic kitchens with basic equipment are provided. Floor-to-ceiling panoramic windows visually expand the space and fill it with light. Residents of the complex enjoy a wide range of amenities: adult and children's pools, a fitness center with sauna and steam room, landscaped gardens with walking paths, and a playground. Round-the-clock security and a video surveillance system guarantee security. The complex is conveniently located near key points of the city: Al Maryah Island and The Galleria Mall can be reached in 10 minutes, the Saadiyat Island cultural district and Yas Island entertainment district are 20-25 minutes away, and Abu Dhabi International Airport takes about 30 minutes by car.
Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Ocean Terrace launch basis | 2,333 | AED 2.10M | Current launch / asking basis |
| Reem Island ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Reem Island premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |













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Astraterra Properties
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Reem Island
Ocean Terrace by Mismak Properties
Located in Reem Island
Starting from AED 2,100,000
Unit mix includes 2 BR, Apartments
Expected handover: Jan 2012
Official render/gallery images available
Ready-to-move units · Direct from owner · Verified by Astraterra
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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