Radiant Square
✓ Resale Available

Radiant Square

From AED 1.45M·Completed Oct 2024·Accepted payment methods: credit_debit_card, bank_check,... Payment
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AED 1.45M
Starting Price
Oct 2024
Handover
Accepted payment methods: credit_debit_card, bank_check,...
Payment Plan
1 BR · Apartments
Type

Project Overview

Radiant Square at Al Reem Island in Abu Dhabi is a residential project consisting of five towers, the tallest of which has 44 floors. The towers include residential, retail, commercial and entertainment facilities and are designed to meet the diverse needs of its residents. Radiant Square includes more than 1,200 residences, three swimming pools, a variety of stores, a children's area, a gym, and various restaurants and cafes. Also known as the City of Lights, this vibrant location on Al Reem Island offers a variety of elegant 1-5 bedroom residences as well as duplexes. All apartments feature functional layouts and understated, modern design. Each residence has 1-2 balconies or spacious terraces with magnificent views of the Arabian Gulf and the city. With easy access to highways, residents have easy access to key locations on and off the island. Within walking distance of Radiant Square are SPAR Express, Waitrose, Carrefour and Al Maya supermarkets. Reem Mall, Galleria Mall and Shams Boutik, one of the largest shopping centers in the emirate, are all within a 5-minute drive. In addition to shopping, there are plenty of recreational opportunities, including cinemas, Arabian, Indian and European restaurants, an art center and more. Units are priced at the first payment plan.

Project Specifications
DeveloperRadiant
LocationReem Island
Unit Types1 BR, Apartments
AreaReem Island
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 62,568 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,718
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 94,250 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Radiant Square launch basis1,611AED 1.45MCurrent launch / asking basis
Reem Island ready-stock comps1,500AED 1.35MIndicative resale benchmark
Reem Island premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Radiant Square official render 1

Radiant Square official render 1

Radiant Square official render 2

Radiant Square official render 2

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Radiant Square official render 5

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Radiant Square official render 7

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Radiant Square official render 9

Radiant Square official render 10

Radiant Square official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Radiant.

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Enter your details to access brochures, floor plans & payment schedules

Payment Structure

Accepted payment methods: credit_debit_card, bank_check,...

Flexible Payment

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Kids Play Area
Leisure areas
Lobby
Retail outlets
SPA
Security and CCTV
Shared gym & fitness

Location

Reem Island

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Reem IslandReem IslandDubai, UAE

Developer Track Record

01

Radiant Square by Radiant

02

Located in Reem Island

03

Starting from AED 1,450,000

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Oct 2024

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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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