Al Reem Island apartments: Radisson Residences and Rixos Al Reem, branded homes next to Abu Dhabi’s financial centre

Al Reem Island sits opposite Abu Dhabi’s business district and houses many of the people who work for banks and funds on neighbouring Al Maryah Island. Since 2023 part of the island has fallen within the ADGM financial centre’s jurisdiction, and firms moving there underpin rental demand. Until recently there was almost no branded housing on Reem. In the past year two schemes have arrived, Radisson and Rixos, aimed at different buyers.

Radisson Residences: phase two nine months after phase one

The developer is Royal Development Holding, part of Emirates Stallions Group, which is listed on the Abu Dhabi Securities Exchange. With Radisson Hotel Group it is building the world’s first standalone Radisson Residences: three towers on a shared podium along the island’s mangrove waterfront, about 20 minutes from central Abu Dhabi. Phase one offered studios, one- to three-bedroom apartments and two- and four-bedroom townhouses.

The developer says phase one, valued at AED 1.2bn, sold out within 24 hours of its public launch in December 2025. In September 2026 it released phase two — the third tower, with 437 furnished homes: studios, one-bedrooms and a few two-bedroom townhouses, taking the project’s value to AED 1.45bn. This phase is pitched squarely at investors, with units delivered ready to let.

Rixos Al Reem Residences: larger homes, most of the price at keys

Rixos is an Accor brand best known for all-inclusive resorts. Its Reem scheme is by East & West Properties, in business since 1993: 386 waterfront residences of one to four bedrooms, architecture by Aedas and interiors by HBA. One-bedrooms were priced from about AED 2.1m and two-bedrooms from AED 3.1m. The plan is 10% on booking, 30% during construction and 60% on handover in Q1 2029.

Choosing between them

	Radisson Residences	Rixos Al Reem Residences
Developer	Royal Development Holding	East & West Properties
Scale	three towers; phase two has 437 units	386 residences
Typical purchase	furnished studio or 1-bed to let	2–3 beds for a family
Completion	by phase	Q1 2029

Rixos’s 10/30/60 structure is convenient because the bulk falls due at keys and can be mortgaged. That is also the risk: by 2029 you need either 60% in cash or a bank approval, and lending terms can change in three years. Radisson’s second phase sells something else — a small furnished unit under a name mid-market tenants recognise. The number to check there is how many units of the same format will be letting on the island at the same time.

Compare with unbranded buildings on the island, such as Radiant Atrium or Sunstone by IMKAN: the gap in price per square foot shows what the logo really costs. Buyers who know the brand from Dubai can compare it with Rixos Dubai Islands Hotel & Residences.

How to get around without a car, and what is changing in the capital’s transport — read why Abu Dhabi still has no metro.