Park View Tower
Mesab Limited · 2BR, 3BR · Reem Island, Abu Dhabi
Park View Tower is a residential project by Mesab Limited in Reem Island, Abu Dhabi, offering 2BR, 3BR layouts. Prices start from AED 2,180,000. This is an off-plan purchase with expected completion in December 2023 on a 60% during construction, 40% on handover payment plan. The indicative gross yield band for this area and unit mix is 6% – 7.5%: below you will find the project data, investment fit, risks and frequently asked questions reviewed by an independent advisor.
Park View Tower is a luxury skyscraper with modern design offering apartments and duplexes on Al Reem Island, Abu Dhabi.
Key facts
- Developer
- Mesab Limited
- Area
- Reem Island, Abu Dhabi
- Property type
- 2BR, 3BR
- Starting price
- AED 2,180,000
- Payment plan
- 60% during construction, 40% on handover
- Expected completion
- December 2023
- Construction status
- Now selling
- Indicative gross yield
- 6% – 7.5%
Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who this project fits
Park View Tower typically fits investors balancing rental income with capital appreciation at a mid-market ticket, across 2BR, 3BR layouts in Reem Island, Abu Dhabi. Because it is off-plan, capital stays committed until handover and income starts afterwards. The indicative gross yield band for this area and unit mix is 6% – 7.5%.
Risks to weigh
As with any off-plan purchase, there is handover-delay risk and developer risk: check escrow, permits and delivery track record. The payment plan lowers the upfront outlay but commits future cash: stress-test it against your real cash flow. Incoming supply in Reem Island, Abu Dhabi can compress rents and prices in the short term; service charges, currency and financing costs all affect net yield. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Frequently asked questions about this project
How much does a unit at Park View Tower cost?
Prices at Park View Tower start from AED 2,180,000. The final figure depends on layout, floor and orientation — we pull the current price list from the developer for the specific unit you want.
Where is Park View Tower located?
Park View Tower is located in Reem Island, Abu Dhabi. We assess the area on rental demand, incoming supply and accessibility — not on project marketing.
What is the payment plan for Park View Tower?
The indicated payment plan is: 60% during construction, 40% on handover. We verify the full structure, including milestones and the balance due at handover.
When is Park View Tower expected to complete?
Expected completion is December 2023 (current status: now selling). Off-plan dates can slip, so we check construction progress and the developer's delivery record.
What yield can I expect at Park View Tower?
The indicative gross band for this area and unit mix is 6% – 7.5%. Yield ranges are indicative market benchmarks for this area and unit mix, not a guaranteed return. Figures must be validated per unit before any commitment.
Who is the developer of Park View Tower?
Park View Tower is developed by Mesab Limited. We review their delivery record, build quality and value retention before recommending it.
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