Under constructionApartment

Al Shamkha · Abu Dhabi

Icona Residence

by Castor Real Estate Development

Rendr Score

Not yet assessed

What is missing →
From
AED 655K
≈ $178K
Handover
Q4 2027
33% built
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Price per sqft vs registered sales

ADREC / DARI

Price per sqft not stated yet

The comparison with ADREC transaction data for Al Shamkha appears once a price per sqft is known.

Not yet assessed

3 of 7 factors · 45% of the weight · 24 Sep 2026

45% of the weight is assessed; a score appears once 60% is. The factors below show what is still missing. Our opinion, not investment advice.

  • Price against what buyers actually paidNot assessed · weight 25
  • Developer track recordAssessed · weight 20
  • Payment planNot assessed · weight 15
  • Location and infrastructureAssessed · weight 15
  • How easy it is to sell laterAssessed · weight 10
  • Construction on scheduleNot assessed · weight 10
  • The basics on fileNot assessed · weight 5

The formula is public: how the Rendr Score works. Our opinion, not investment advice. A figure you believe is wrong: alexk.dxb02@gmail.com.

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Projects covered
1,540
projects covered
Factors
7
factors, formula public
Registers
ADREC · DLD
registered sales, not asking prices

Handover date

Q4 2027

Under construction · 33.49% built, ADREC's project register, 24 Sep 2026

What this means

Icona Residence is due to hand over in Q4 2027. Construction is 33.49% complete according to ADREC's project register (24 Sep 2026). Handover dates are the developer's own estimate and off-plan schedules move, so confirm the current date in writing before paying anything.

Payment plan

Not published

Castor Real Estate Development has not stated a schedule; the factor is unassessed until it does.

Down

—

During build

—

On handover

—

ADREC registration status

  • Project registration20260000775027
  • Escrow accountNot published yet
  • Developer licenceNot published yet
Where the figures come from, and what escrow means

Icona Residence is registered with the Abu Dhabi Real Estate Centre (ADREC) under project number 20260000775027. An escrow account is a regulated account the developer cannot draw on freely: your payments go in and are released as building progresses. Escrow accounts and project registrations are published by the Abu Dhabi Real Estate Centre (ADREC) on dari.ae. Always check them, and pay into the escrow account only, before handing over a deposit. How to read the ADREC register.

Figures from propertyfinder.ae (propertyfinder.ae/en/new-projects/castor-real-estate-development/icona-residence), read 2026-09-24; found in the Abu Dhabi web sweep, matched to ADREC 20260000775027. Construction figure from ADREC's project register, 24 Sep 2026.

About

Icona Residence is Castor's apartment tower in Al Shamkha, Abu Dhabi.

Read more

Prices start at AED 655,000, with handover listed for the fourth quarter of 2027. The project is registered in Abu Dhabi as 20260000775027 and stood at 33.5% built at the register's last reading (2026-09-24).

The figures here are the starting price as published for the project. Confirm the price, unit availability and service charge with the developer before committing.

  • Castor apartment tower in Al Shamkha
  • From AED 655,000
  • Handover Q4 2027
  • 33% built at the register's last reading
Developer
Castor Real Estate Development
Area
Al Shamkha
Status
Under construction
Ownership
Freehold

Amenities

  • Indoor Swimming Pool
  • Landscaped Gardens
  • CCTV Security
  • Gymnasium
  • Restaurants
  • Children's Play Area
Open in the map

Al Shamkha · Abu Dhabi

Inland suburb south-east of the airport with affordable villa and townhouse communities.

Icona Residence: questions buyers ask

How much does Icona Residence cost?

Prices at Icona Residence start from AED 655,000 (about $178K). Asking prices come from the developer and change without notice.

When is the Icona Residence handover date?

Icona Residence is expected to hand over in Q4 2027. The project is under construction, 33.49% built according to ADREC's project register. Handover dates are the developer's own estimate and off-plan projects can move, so confirm the current date in writing before you pay anything.

Who is the developer of Icona Residence?

Icona Residence is being developed by Castor Real Estate Development. It sits in Al Shamkha, Abu Dhabi. You can see every project by Castor Real Estate Development we list, and how their asking prices compare with registered sales, on their page.

Can foreigners buy at Icona Residence?

Icona Residence is in a freehold area, so buyers of any nationality can own a home here outright rather than on a lease. Abu Dhabi sets which zones are freehold; confirm the title type on your own unit's contract before paying.

Is Icona Residence registered with ADREC?

Icona Residence is registered with the Abu Dhabi Real Estate Centre (ADREC) under number 20260000775027. Every off-plan project must be registered and sell through an escrow account, where the money is released as building progresses. Check both at dari.ae before you pay.

Changes

Listed 24 Sep 2026
  1. Listed on the site

    Source: propertyfinder.ae (propertyfinder.ae/en/new-projects/castor-real-estate-development/icona-residence), read 2026-09-24; found in the Abu Dhabi web sweep, matched to ADREC 20260000775027

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