−12% Photos and renders of the building and grounds — not of this particular unit.
Reem Five
1 BR · Apartment · 2 bathrooms
Price history
Listed since 9 October 2026. The price has been cut once — dates and figures from the listing itself.
- 13 October 2026 AED 3 200 000
- 26 October 2026 AED 2 800 000 -12%
Questions and answers about lot NP12-557236
How much is this 1-bedroom apartment in Reem Five?
Lot NP12-557236 is priced at AED 2 800 000, about $762 000. The size is 1 115 sq ft (104 m²), which works out at AED 2 511 per sq ft.
Has the price of this lot been cut?
Yes. The listing history shows the price going from AED 3 200 000 to AED 2 800 000: AED 400 000 less, or 12%. It was cut once. On the market since 9 October 2026.
How does this price compare with other lots in Reem Five?
The database holds 2 lots in Reem Five right now, from AED 2 800 000 to AED 2 900 000. 2 of them share this type and bedroom count: this lot is the cheapest.
Is the property ready or still under construction?
According to the listing, the property is ready.
Can this lot be bought with a mortgage, and what would the payment be?
UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 560 000; a loan of AED 2 240 000 over 25 years at 3.75–4.99% a year comes to roughly AED 11 500–13 100 a month. A non-resident puts down from 40% (AED 1 120 000) and pays about AED 8 600–9 800 a month. The bank approves the rate and the amount.
Run your own numbers in the mortgage calculator →What does the seller say about the property itself?
From the listing: bathrooms — 2.
How do I view the property and get the exact address?
Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP12-557236 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video: Reem Five
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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