Object 1 has announced its first residential development in Abu Dhabi, a 171-unit project called A1LA Residence on Al Reem Island, with handover scheduled for the fourth quarter of 2028.
The project will comprise one-, two- and three-bedroom apartments and a collection of two- and three-bedroom duplexes spread across 17 residential floors. The development spans approximately 247,022 sq ft of built-up area.
“Our decision to enter Abu Dhabi is based on long-term conviction. We are not approaching the Emirate as an opportunistic market cycle play, but as a developer committed to building residential projects that hold their value over time, serve real communities, and reflect the standards of a capital that is planning decades ahead. A1LA Residence brings together a proven location, clear market fundamentals, and a development strategy grounded in reliability, quality, and long-term relevance. As Abu Dhabi advances under Economic Vision 2030, we see strong alignment between the emirate’s direction and the kind of projects we want to deliver,” Tatiana Tonu, CEO of Object 1 said in a statement.
A1LA Residence to feature three levels of amenities, sky pool on 17th floor
The building will include three levels of amenities: a swimming pool on the 17th floor, a cinema, clubhouse, gym, yoga and pilates room, BBQ area, games room, children’s play areas, outdoor sports zones and landscaped spaces.
The launch follows Object 1’s acquisition of four waterfront plots on Al Reem Island spanning more than 2 million sq ft, with a combined project value of AED 4.5 billion. The company said the acquisitions form part of a strategy focused on Abu Dhabi as a market for the long term.
A1LA Residence is located on Al Reem Island, one of Abu Dhabi’s established investment and residential districts, near the Abu Dhabi Global Market (ADGM) financial free zone.
The area has ranked among Abu Dhabi’s top three districts for return on investment, recording 45 per cent in price growth during 2025, while sales volume more than tripled year on year.
Abu Dhabi records AED 142 billion in real estate transactions in 2025
Rental yields on Al Reem Island are tracked in the 6 to 8 per cent range. The island offers access to Downtown Abu Dhabi and connectivity to Saadiyat Island.
The announcement comes as Abu Dhabi’s property market recorded AED 142 billion in real estate transactions across more than 42,800 deals in 2025, representing increases of 44 per cent in value and 52 per cent in volume year on year.
Regulatory changes have also been introduced to strengthen governance, transparency and investor protections in the sector.
