Abu Dhabi · Al Shamkhah
by Castor Real Estate Development
From AED 979,844From $266,812From €238,396
($266,812)(AED 979,844)(AED 979,844)
ICONA Residence is a modern residential complex with apartments developed by Castor Real Estate Development and presented by History Real Estate, located in the growing community of Al Shamkhah, Abu Dhabi. The building consists of a basement level, above which are the ground floor, six residential floors, and the rooftop. The project combines sophisticated contemporary architecture and family-centric living within the community. The building rises in a green setting and frames tranquil views of the park from its expansive balconies. ICONA Residence offers a curated selection of studios, one-bedroom, and two-bedroom apartments. Spacious layouts, warm neutral tones, and sleek finishes reflect quality design and functional living. The complex introduces commercial and retail spaces, a swimming pool, a gym, covered parking, and direct access to a community park, creating an environment where residents live with the ease of a modern retreat. Thanks to its prime location, the residence enjoys convenient access to key destinations. Schools and malls are just 5 minutes away, Shakhbout Medical City is reachable within 10 minutes, Zayed International Airport is 15 minutes away, Yas Island and Sheikh Zayed Grand Mosque are 20 minutes away, Dubai Parks and Resorts is approximately 40 minutes away.
Calculated on starting price from AED 979,844.Calculated on starting price from $266,812.Calculated on starting price from €238,396.
Payment schedule shown is indicative — confirm exact stage amounts and dates with the developer before signing.
Booking & Downpayment
10%
On booking
10% + 2% ADM fee + 472.50 AED Registration fees
During construction
30%
5 instalments
5% — December 2026
5% — March 2027
10% — June 2027
5% — September 2027
5% — October 2027
Handover
60%
On handover
60% — On handover
Booking & Downpayment
10%
On booking
10% + 2% ADM fee + 472.50 AED Registration fees
During construction
20%
4 instalments
5% — December 2026
5% — April 2027
5% — August 2027
5% — October 2027
Handover
70%
On handover
70% — On handover
AED 979,844–1,099,098$266,812–$299,284€238,396–€267,411
$266,812–$299,284AED 979,844–1,099,098AED 979,844–1,099,098
Inquire about 1 BR units →Pool Deck
Rooftop Pool
Lobby
Retail Outlets
Lift
Park Access
Security & CCTV
Accessibility for people with disabilities
Shared Pool
Shared Gym
Landscaped Park
1 active project across the UAE.
View Castor Real Estate Development profile →MORE PROJECTS
AL SHAMKHAH · ABU DHABI
Jadara Home for Real Estate Development
MERITO
Handover · 3Q 2026
From AED 5.92MFrom $1.61MFrom €1.44M
View →
AL SHAMKHAH · ABU DHABI
Third Quarter Real Estate Development
AL-REEMAN GATE
Handover · 1Q 2028
From AED 893KFrom $243KFrom €217K
View →
AL SHAMKHAH · ABU DHABI
Mainzer Art Development
AL REEMAN VIEW
Handover · 4Q 2027
From AED 1.40MFrom $381KFrom €341K
View →
AL SHAMKHAH · ABU DHABI
Towaiji Real Estate Development
REEMAN RESIDENCE 02
Handover · 4Q 2028
From AED 728KFrom $198KFrom €177K
View →
AL SHAMKHAH · ABU DHABI
Towaiji Real Estate Development
REEMAN RESIDENCE 01
Handover · 2Q 2027
From AED 916KFrom $249KFrom €223K
View →TOP COMMUNITIES
Top emirate-ranked communities by 90-day price delta, gross yield and absorption velocity.
WRITTEN BY OUR DESK
Market notes, from our desk
MARKETS · OCTOBER 24 · 5 MIN
Women Hold a Third of Dubai's Property Investor Base: What the DLD Figures Show
Women Hold a Third of Dubai's Property Investor Base: What the DLD Figures Show In the first half of 2025, 30,487 women investors completed 34,792 property transactions in Dubai with a combined value of AED 73.2 billion, roughly USD 19.9 billion. Dubai Land Department data puts…
FINANCIAL · OCTOBER 24 · 11 MIN
Abu Dhabi Property Registration Fee and Total Buying Cost
Abu Dhabi Property Registration Fee and Total Buying Cost Meta description: Abu Dhabi property registration fee, broker, mortgage and yearly costs on top of the price, with a budget template. Check ADREC rates before you sign. A listing shows one number. The closing file shows a…
COMMUNITIES · OCTOBER 24 · 9 MIN
Yas Island Apartments: Who the Island Suits, What to Check on Prices and What Renting Really Leaves You
Yas Island Apartments: Who the Island Suits, What to Check on Prices and What Renting Really Leaves You Meta description: Yas Island apartments in Abu Dhabi: who the island suits, how to read prices and rents, what service charges and noise mean for buyers, and the risks to…
MARKETS · OCTOBER 23 · 8 MIN
Dubai Apartment Prices Versus Incomes: What the UBS 2026 Index Shows Buyers
Dubai Apartment Prices Versus Incomes: What the UBS 2026 Index Shows Buyers A 60 square meter apartment close to the center of Dubai costs roughly five annual salaries of a skilled worker. In London the same calculation gives about 11 years, and in Hong Kong about 15. These…
MARKETS · OCTOBER 22 · 6 MIN
What China Securities' DIFC Office Tells UAE Property Investors, and What It Leaves Open
What China Securities' DIFC Office Tells UAE Property Investors, and What It Leaves Open On 28 September 2026, DIFC announced that China Securities, a Beijing-headquartered investment bank, had received a DIFC Authority licence to open a regional office in the Centre. The office…
PROCESS · OCTOBER 22 · 12 MIN
How to Buy Property in Dubai as a Foreigner: Documents, Money Route and Remote Closing
How to Buy Property in Dubai as a Foreigner: Documents, Money Route and Remote Closing Meta description: How to buy property in Dubai as a foreigner: freehold zones, buyer documents, legal money transfers and remote closing for Russian-speaking buyers. A Dubai apartment can be…
MARKETS · OCTOBER 21 · 6 MIN
Microsoft's Gulf Investment Plan: What It Could Mean for UAE Property, and What It Does Not
Microsoft's Gulf Investment Plan: What It Could Mean for UAE Property, and What It Does Not On September 23, 2026, Microsoft said it plans to invest more than $10 billion in capital and operating expenses across the UAE, Saudi Arabia, Qatar and Kuwait through 2030. The stated…
MARKETS · OCTOBER 20 · 7 MIN
Dubai looks cheaper than London on paper, yet the same UBS report flags it for bubble risk
Dubai looks cheaper than London on paper, yet the same UBS report flags it for bubble risk Five years of income for a 60 square meter apartment near the city center. That is the figure UBS attaches to Dubai in its Global Real Estate Bubble Index 2026, published on 22 September…
AI assistant — it can make mistakes. Please don't share personal data.
