Price (AED)
Bedrooms
1, 2
Handover
Q4 2027
Size (sqft)
875-1358
AED / sqft
700-1,708
Inventory
20 units · 1 building
Construction
under construction
Compliance & specs
About
Project general facts
ICONA Residence is a contemporary residential development by Castor Real Estate, located in Al Reeman, Al Shamkha, Abu Dhabi. The project features a modern low-rise architectural design with clean lines and a balanced façade, offering a limited collection of residences within a well-planned community. It comprises a selection of studios, one-bedroom, and two-bedroom apartments, including layouts with maid’s rooms, all designed with spacious interiors, large windows, and functional layouts that maximize natural light and everyday comfort.
Residents benefit from a range of amenities designed to support a comfortable and community-oriented lifestyle. The development includes a swimming pool, gymnasium, landscaped surroundings, retail spaces, and direct access to community parks. These facilities create a balanced living environment where relaxation, convenience, and outdoor living are seamlessly integrated, making it suitable for both families and professionals.
Interiors are finished with modern materials and a focus on quality and practicality, creating a clean and contemporary atmosphere. Equipped kitchens provide essential functionality, while spacious layouts and balconies enhance everyday living. Apartments are offered unfurnished, allowing residents to personalize their spaces while benefiting from well-designed interiors and high-quality finishes.
Location description and benefits
Nestled in the heart of the vibrant city of Abu Dhabi, Al Shamkha stands as a testament to the city's remarkable blend of urban sophistication and serene living. This burgeoning neighborhood is rapidly gaining recognition for its tranquil ambiance, excellent amenities, and modern living opportunities.
Amidst Al Shamkha's picturesque surroundings, residents can enjoy lush green parks, communal areas for social gatherings, and well-maintained streets. The community is known for its strong focus on family living, offering a safe and welcoming environment for residents of all ages. In addition to its residential appeal, Al Shamkha boasts an array of convenient amenities. Educational institutions, healthcare facilities, shopping centers, and recreational opportunities are easily accessible, ensuring that residents have everything they need within a stone's throw.
The allure of Al Shamkha is further amplified by its strategic location, offering proximity to key landmarks and highways, making travel to other parts of Abu Dhabi a breeze. For those seeking the perfect balance of a tranquil residential setting and the conveniences of urban life, Al Shamkha is the ideal destination.
Available unit types
2 bedroom configurations
These thumbnails show sample layouts for each bedroom configuration. Actual unit sizes, orientations, and finishes vary across the 1 building , the developer's full floor-plan pack below covers every variant.
1 bedroom
875-1335 sqft
Range across 6 layout variants
2 bedrooms
1358 sqft
Retail units
Layouts and pricing released on request.
Talk to a broker
Full floor-plan pack
Payment Plan 30/70Interest-free during construction
- 1.10%
On booking
- 2.20%
During construction
- 3.70%
Upon Handover (Q4 2027)
Payment Plan 40/60Interest-free during construction
- 1.10%
On booking
- 2.30%
During construction
- 3.60%
Upon Handover (Q4 2027)
Calculate your payments
Pick a unit type or enter a custom price. We'll spread it across the plan's phases in AED + your selected currency, with plain-English timing labels. Download as a spreadsheet for your records.
| # | When | Step | % | Amount (AED) | Amount (USD) | Cumulative (USD) |
|---|---|---|---|---|---|---|
| 1 | Upon booking | Reservation | 10% | 95,000 | 25,869 | 25,869 |
| 2 | Between booking and Q4 2027 | During construction | 20% | 190,000 | 51,737 | 77,606 |
| 3 | Q4 2027 | Upon Handover (Q4 2027) | 70% | 665,000 | 181,080 | 258,685 |
| Total | 100% | AED 950,000 | USD 258,685 | |||
Cash-flow shape: 30% during the construction period (10% upon booking, 20% across milestones), 70% at handover (Q4 2027).
0% interest during construction , no APR, no compounding.
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Amenities
3 features
Location
24.40269, 54.68053
About Abu Dhabi
Abu Dhabi is the capital emirate of the United Arab Emirates, and a growing off-plan investment market.
Explore Abu DhabiAbout Castor Real Estate Development
Castor Real Estate is an Abu Dhabi-based real estate development and investment company with over 20 years of experience in the construction industry. The developer focuses on delivering high-quality, well-planned residential projects that enhance everyday living while creating long-term value for residents, investors, and partners. The company is driven by a strong foundation of governance, disciplined financial structuring, and strategic global partnerships, ensuring reliability and transparency at every stage of development. Castor’s approach combines thoughtful design with solid investment fundamentals, resulting in projects that balance functionality, sustainability, and modern living standards. With a vision to be a trusted real estate partner, Castor Real Estate is committed to creating communities where people and businesses can thrive. Its developments emphasize quality, efficiency, and long-term growth, contributing to the evolving urban landscape of Abu Dhabi and the wider UAE.
Building details
Studio, 1 & 2 bedroom apartments
Parking allocation
| Unit type | Bedrooms | Spaces |
|---|---|---|
| Apartment | 0 | 1 |
| Apartment | 1 | 1 |
| Apartment | 1.5 | 1 |
| Apartment | 2.5 | 1 |
Marketing brochure
Why Dubai off-plan
The macro case for buying off-plan in Dubai
These six pillars apply to every project on this site, not just this one. If you're new to the UAE market, they're the context you need before evaluating the specific unit above.
0% interest, ever
Off-plan payment plans are interest-free, end to end. Every instalment is at face value, no APR, no compounding, no balloon hidden in the back. Buyers from interest-bearing markets routinely underestimate how much this saves over a 3-5 year hold.
No income or capital-gains tax on property
Dubai charges no annual property tax, no income tax on rental yield, and no capital-gains tax on resale. The DLD 4% transfer fee is a one-time cost at registration, after that, your returns are yours.
20% usually opens the unit
Most off-plan plans book with a ~20% reservation deposit. You're under contract with the developer immediately, with the rest spread across construction milestones. The deposit is what unlocks the buy-side, not the full unit price.
Post-handover plans extend the runway
Many projects offer 2-4 years of post-handover instalments, meaning a chunk of the price gets paid AFTER you take keys. Once the unit is rented, that income can help cover the post-handover payments, rarely the full instalment, but enough to make the cash-flow comfortable rather than tight.
Golden Visa from AED 2M
A property purchase of AED 2M+ qualifies the buyer (and family) for the UAE Golden Visa, a 10-year renewable residency. The visa is the headline benefit; for many international buyers it's the actual reason to buy in Dubai.
Freehold ownership for foreigners
Across the 80+ freehold zones (Dubai Marina, Downtown, Palm Jumeirah, Business Bay, JVC, Dubai Hills, and the rest), foreigners own 100% of the asset and the land. There's no Emirati partner requirement, no lease structure, title deed in your name.
Price
from AED 950,000
≈ USD 258,685
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