ICONA Residence
SH36Al Shamkhah
CASTOR REAL ESTATE ENTERPRISES INVESTMENT DEVELOPMENT - L.L.C - S.P.C
Median price
AED 1.1M
Rate / sqm
11,847 AED
Rental yield
6.5%
Appreciation
0.0%
Deals YTD
25
Monthly average rate per square meter for the last 36 months.
| Month | AED / sqm |
|---|---|
| 2026-07 | 12126.34702 |
Transaction distribution by bedroom layout.
| Label | Value |
|---|---|
| Studio | 32 |
| 1 bed | 48 |
| 2 bed | 20 |
Transaction distribution between ready and off-plan sales.
| Label | Value |
|---|---|
| Off-plan | 100 |
Progress & inventory
Why invest here
- Competitive rental yield potential
- Strong transaction growth in recent activity
- Established Abu Dhabi location with active market data
Why we recommend this project
ProSee how this project ranks against the market — growth, yield, liquidity, and value signals with a plain-English rationale.
Location & nearby
Within 1.5 km of ICONA Residence
AI investment analysis
ProUnlock an AI-generated investment breakdown for this project — scoring, strengths, risks, and buyer-fit.
Common questions
- What did homes at ICONA Residence sell for?
- The median recorded sale price at ICONA Residence is AED 1.1M, across 25 transactions recorded this year. Figures come from official Abu Dhabi transaction records, not asking prices.
- How much is a square metre at ICONA Residence?
- Recorded sales work out at a median AED 12K per square metre. The trend above shows how that rate has moved over the last 12 months.
- What rental yield does ICONA Residence achieve?
- Estimated gross rental yield is 6.5%, based on recorded sale prices in SH36, Al Shamkhah, Abu Dhabi and prevailing rents for comparable units.
- Have prices at ICONA Residence gone up?
- Recorded prices have moved 0.0% over the tracked period.
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