Castor Real Estate Development · Abu Dhabi · United Arab Emirates
ICONA Residence
Availability and pricing checked 8 Oct 2026. Prices, sizes and counts describe the homes currently released for sale, not the development as a whole.
The essentials
- Available now from
- AED 979,844
- Available up to
- AED 1,433,796
- Layouts on offer
- 1 – 1.5 bed
- Available sizes
- 875 – 1,327 sqft (81.3 – 123 sqm)
- Service charge
- 13 AED/sqftCharged once a year — about AED 11,375 on the smallest published layout, 875 sqft
- Status
- under construction
- Construction started
- Not published by the developer
- Build progress
- Not reported yet
- Furnishing
- semi furnished
- Handover
- Q4 2027The developer’s scheduled end of construction — handover usually follows completion. No handover date has been announced.
- Buildings releasing now
- 1
- Escrow account
- Not published by the developer
ICONA Residence is being built as apartments, in 1 – 1.5 bed layouts.
Payment plan
10 / 20 / 70AED 97,984 is the booking amount — the reservation deposit, or down payment, that holds the lowest-priced home, then about AED 16,331 a month to handover.
Live availability
9 homes are still unsold — see the price list.
Get the developer’s own price list — unit number, floor, exact size, price and price per square foot for every one.
Arrives in about a minute. No phone call unless you ask for one.
Live availability
| Unit | Floor | Beds | Size | Price | Per sqft |
|---|
Availability moves daily. An advisor will confirm and can place a hold on your behalf.
What does your budget buy here?
Set a figure and we will match it against what is still available in this project.
Off-plan mortgages are arranged at handover, against the completed home.
The service charge starts at handover, not at purchase, and the first year is usually pro-rated from the day you collect the keys.
You will get the unit number, floor, size and exact price for each — not the whole building.
About this project
Castor Real Estate Development
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.
Layouts
7
1 bed
942 – 979 sqft
87.5 – 91 sqm
AED 950,000 – AED 1,009,014
875 – 985 sqft
81.3 – 91.5 sqm
AED 979,979 – AED 1,009,008
989 sqft
91.9 sqm
AED 1,069,120
990 – 1,069 sqft
92 – 99.3 sqm
AED 1,069,770 – AED 1,099,098
1,204 – 1,263 sqft
112 – 117 sqm
AED 1,290,000 – AED 1,390,000
1,325 – 1,335 sqft
123 – 124 sqm
AED 1,423,884 – AED 1,494,234
2 bed
1,358 sqft
126 sqm
AED 1,469,863
Amenities
3
Swimming Pool
Fully Equipped Gym
Kids Play Area
Gallery
9
Good to know
Straight answers from the developer's published terms, checked 8 Oct 2026.
What is the payment plan for ICONA Residence?
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Payment Plan 30/70: 10% on booking, 20% during construction and 70% on handover. 2 payment plans are offered in total.
How much is the booking amount for ICONA Residence?
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10% of the purchase price falls due on booking — from AED 97,984 on the lowest-priced home. A bank or a broker may call the same figure the reservation deposit or the down payment; it is one and the same first instalment, and it is paid to the developer rather than to us.
When does ICONA Residence hand over?
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Handover is scheduled for Q4 2027.
What do homes in ICONA Residence cost?
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Homes currently available start from AED 979,844 and range up to AED 1,433,796 for 1 – 1.5 bed homes. These are the prices of the homes released for sale through our live feed today, not the launch prices — earlier and cheaper releases may have sold out.
How much does each bedroom size cost at ICONA Residence?
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Published starting prices by layout are 1 bed from AED 950,000; 2 bed from AED 1,469,863. Those are the entry price for each size — floor, view and the exact layout move the figure, and the current price list carries the price of every remaining unit.
Is there a price list for ICONA Residence?
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Yes. Ask for it on this page and the developer’s own price list is emailed to you — unit number, floor, exact size, price and price per square foot for every home still available. 9 homes were unsold at the last check on 8 Oct 2026.
Who is the developer of ICONA Residence?
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ICONA Residence is developed by Castor Real Estate Development in Abu Dhabi · United Arab Emirates.
What is the service charge at ICONA Residence?
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The published service charge at ICONA Residence is 13 AED/sqft, billed once a year. On the smallest published layout, 875 sqft, that is roughly AED 11,375 a year. It starts at handover and the first year is usually pro-rated from the day you collect the keys. Checked 8 Oct 2026.
Is my money protected when buying off-plan at ICONA Residence?
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In the UAE an off-plan instalment is paid into the project’s escrow account rather than to the developer directly, and is released against construction progress the regulator has verified. No escrow account number has been published to us for ICONA Residence, which is not the same as there being none — an advisor can confirm the account with Castor Real Estate Development before you pay anything.
How the money actually moves — escrow, the 30/70 split, post-handover terms and the fees nobody mentions: our guide to UAE off-plan payment plans.
ICONA Residence vs Radisson Residences Tower 3
The closest live alternative we hold — Al Reem Island rather than Abu Dhabi. Both are still selling, so the two sets of terms can be weighed against each other rather than against a memory.
- Available from
- AED 979,844
- AED 950,000
- Layouts on offer
- 1 – 1.5 bed
- Studio – 2 bed
- Handover
- Q4 2027
- 30 September 2029
- District
- Abu Dhabi
- Al Reem Island
- Developer
- Castor Real Estate Development
- Royal Development Holding
- Payment plan
- 10 / 20 / 70
- 5 / 35 / 60
Figures are the developers' own published terms, checked 8 Oct 2026. A dash means the developer has not published that detail yet — an advisor can ask.
