Elie Saab Waterfront
Al Reem Island · by Ohana Development · Abu Dhabi
This project sits outside the full evidence tier: it is in Abu Dhabi, where developer inventories are published less completely than in Dubai. The record below is what the corpus actually holds, with nothing filled in around the gaps.
The record
- Developer
- Ohana Development
- Community
- Al Reem Island
- City
- Abu Dhabi
- Sale status
- Sold out
- Construction
- Under construction
- Classification
- Off-plan
- Property types
- Not stated
- Bedrooms offered
- Not stated
- Priced unit records
- 0
- Payment plans listed
- 1
- Furnishing
- Furnishing optional
- Floors
- G + P + 33 floors
- Service charge, developer-stated
- 17 AED/sqft
StatedProject facts, developer-published inventory, as published by the developerread 2026-07-30
Blank means the developer published nothing, not that the answer is zero. The service charge is the figure the developer published, not the RERA service charge index.
Where this price sits
No priced unit records have been published for Elie Saab Waterfront, so there is no median AED/sqft to compare and we will not estimate one. What can be said is the ground it sits on: the 354 priced off-plan units in Al Reem Island run at a median of AED 1,900 per sqft, with the middle half between AED 1,619 and AED 2,297, against a Dubai median of AED 2,021.
The one published price is the entry point, AED 2,000,000. Without a unit size it cannot be turned into a price per sqft, so it is left as it was published.
Fewer than eight priced units are published for Elie Saab Waterfront, which is not enough to draw an honest spread, so this page draws none. The Al Reem Island distribution above the community page is the closest evidence there is. What we do and do not compute.
The published payment plan
Only plans whose stages add up to the whole price are listed. The structure column files each plan the way the payment plan pages do, so a link shows every other project offering the same shape. Its handover quarter has a payment calendar page for Q1 2027: what every tracked project owes in that quarter.
The payment plan
This plan spreads the price over the months to handover and beyond, and money you have not paid yet is money you still have. Valuing every instalment on the day it actually falls due, at 5.0% a year, this schedule is worth 1.46% less than the headline, or AED 29,217 on the published entry price. It is not a discount anyone will give you at the counter, and the total you sign for does not change. It is what the timing is worth, and it is the number to compare against another project handing over at the same time.
Computed from the published schedule and the stated handover date, at a 5.0% annual cost of money compounded monthly. It credits no rent, no capital growth and no allowance for a handover delay. Definition and the reason for the rate: methodology. Where this project sits against every other: the plan discount ranking.
On the published entry price of AED 2,000,000 that is AED 1,800,000 before handover. Run other prices through the payment plan calculator.
Booking, construction and handover are three independent medians, so they are normalised to 100 before drawing and the handover share carries the remainder. 5% of plans in Al Reem Island schedule instalments after the keys.
More in Al Reem Island
The same slice of Al Reem Island: starting AED 2M to 3M 15, handing over in 2027 9, with 5% or less down 14.
- AED/sqft
- 1,019
- From
- AED 1.90M
- Handover
- Q4 2027
- Before keys
- 55%
- AED/sqft
- 2,454
- From
- AED 1.94M
- Handover
- Q1 2029
- Before keys
- 50%
- AED/sqft
- 3,040
- From
- AED 1.97M
- Handover
- Q3 2026
- Before keys
- 60%
- AED/sqft
- n/a
- From
- AED 2.07M
- Handover
- Q1 2018
- Before keys
- 100%
- AED/sqft
- n/a
- From
- AED 2.10M
- Handover
- Q4 2028
- Before keys
- 50%
- AED/sqft
- n/a
- From
- AED 2.20M
- Handover
- Q4 2025
- Before keys
- n/a
The full report: every community, every developer, ranked.
Al Reem Island, Abu Dhabi in context: price per sqft by community and developer, payment plan structures ranked by cash due before handover, the 2026 to 2029 delivery pipeline, and the CSV behind every table. PDF plus data, delivered instantly.
OffplanIndex is an independent index. We are not the developer, not the agent and not a party to any sale. Figures are developer-published asking prices as read on 2026-07-30, not transaction records. Back to the project index.