ICONA Residence
The facts, verified
About the project
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 lay
Amenities
ICONA Residence payment plan
| Milestone | Share | On AED 980K |
|---|---|---|
| On booking, + 2% ADM fee + 472.50 AED Registration fees | 10% | AED 98K |
| During construction | 20% | AED 196K |
| Upon Handover | 70% | AED 686K |
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Your purchase
| Milestone | When | Amount |
|---|---|---|
| Downpayment (10%) | On booking | AED 97,984 |
| During construction (20%) | ≈ AED 8,165 equivalent per month over 24 months | AED 195,969 |
| Handover (70%) | On completion | AED 685,891 |
| ADM fee (2%) | On booking | AED 19,597 |
| Admin / registration (est.) | On booking | AED 5,250 |
ICONA Residence prices and unit mix
Project documents
Abu Dhabi masterplan
ICONA Residence location and connectivity
About Castor Real Estate Development
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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,…
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Questions investors ask about ICONA Residence
What is the starting price at ICONA Residence?
ICONA Residence starts from AED 980K and runs to AED 1.43M, across 1 bedroom, 1 bedroom, 1 bedroom, 1 bedroom. Prices move with each release; the pack carries the current list.
What is the ICONA Residence payment plan?
10% on booking, 20% during construction, 70% upon handover, worked in dirhams on AED 980K in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 2% ADREC fee on top at registration.
Where is ICONA Residence?
In Abu Dhabi, Abu Dhabi. The Abu Dhabi community guide on this site has the registered prices, rents and schools around it.
Is the project escrow-registered?
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
What are the fees on top of the price?
2% ADREC transfer fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.