Abu Dhabi, UAE — Radisson Residences Al Reem Island Phase 1 sells out within 24 hours of launch, highlighting surging investor appetite for branded residences on Abu Dhabi’s Al Reem Island.
The AED1.2 billion ($326 million) project by Royal Development Holding (RDH), a subsidiary of Emirates Stallions Group, marks the world’s first standalone Radisson Residences. All studios, one- to three-bedroom apartments, and three- to four-bedroom townhouses in the initial phase found buyers rapidly.
The development sits along Al Reem Island’s waterfront, offering mangrove views and hospitality-led amenities that align with UAE sustainability goals. RDH emphasized modern architecture and refined interiors drew investors and homeowners. Phase 2 preparations have begun following the quick sell-out.
Executive Reactions
RDH CEO Tariq Nazzal said: “We are extremely proud of this achievement, which reflects the strength of our collaboration with Radisson Hotel Group.”
Also read: Radisson Residences Al Reem Island: World’s First Unveiled
He added: “Over the years, we have focused on building a strong presence in the premium branded residences sector, and the complete sell-out of Phase 1 of the Radisson Residences Al Reem Island within 24 hours of its official launch is a tangible demonstration of that strategy in action.”
Elie Milky, CDO for the Middle East, Northeast Africa, Greece & Cyprus at Radisson Hotel Group, said: “Our collaboration with Royal Development Holding carries particular significance, as the company was able to anticipate market needs and deliver a highly sought-after product for buyers seeking an elevated lifestyle.”
He added that the successful 24-hour sell-out of Phase 1 of the Radisson Residences Al Reem Island represents a new chapter in Radisson’s growth journey, increasingly associating the brand with refined residential living.
Abu Dhabi Market Context
Abu Dhabi’s residential market saw sales prices rise 11% year-on-year in 2024, with rents up 20%, driven by limited supply on islands like Al Reem. Off-plan sales hit 77% of transactions in Q3 2025, amid 16% price growth, as demand outpaces new units.
Also read: Abu Dhabi Real Estate Market Growth Hits AED 94 Billion In Nine Months
Al Reem Island led with 38% off-plan price surges in Q2 2025 and 24% rental increases, per Cushman & Wakefield and Knight Frank reports. Branded residences fuel this trend, with $1.6 billion in global capital targeting the emirate.
Appeal to Indian Investors
Indian investors eye UAE assets amid high yields up to 9.95% and foreign ownership reforms, with Abu Dhabi drawing capital for its 30% cheaper prices versus Dubai. Practical steps include verifying developer escrow compliance and RERA certification before off-plan commitments like Radisson Residences Al Reem Island Phase 1.
This sell-out underscores Al Reem Island’s prime status amid Abu Dhabi’s supply-demand imbalance, offering Indian investors stable returns via branded waterfront assets. With Phase 2 upcoming, it signals sustained off-plan momentum, but buyers should monitor 8,500 new 2025 units for pricing relief.
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