Plaza 1 is a residential building by Reportage Properties in Masdar City, Abu Dhabi. It holds 348 apartments from studios to three bedrooms across six residential floors. Prices start from AED 500,000. Construction is 81 percent complete and the building carries a 3 Pearls sustainability rating.
Plaza 1 at a glance
- Developer: Reportage Properties
- Location: Masdar City, Abu Dhabi
- Total units: 348 apartments
- Unit types: Studio, 1, 2 and 3 bedroom apartments
- Starting price: AED 500,000
- Plot area: 10,222 square metres, 110,029 square feet
- Residential floors: 6
- Sustainability rating: 3 Pearls, Estidama
- Construction progress: 81 percent complete
- Ownership: Freehold, open to all nationalities
Where Plaza 1 sits in Masdar City
Masdar City is Abu Dhabi’s sustainable urban district, built next to Abu Dhabi International Airport and roughly midway between the airport and Yas Island. It is a designated investment zone, which means all nationalities can own freehold.
Travel times published by the developer:
- Al Raha Mall and Al Raha Beach, 15 minutes
- Yas Island, 15 minutes
- Ferrari World, 15 minutes
Abu Dhabi International Airport is a few minutes away. Downtown Abu Dhabi is around 25 minutes on the E10.
What the 3 Pearls rating actually means
Estidama is Abu Dhabi’s own sustainability rating system, run by the Department of Municipalities and Transport. Pearl ratings run from 1 to 5. Every new building in Abu Dhabi must reach at least 1 Pearl.
A 3 Pearl rating is above the mandatory floor. In practice it points to lower water and electricity consumption, better insulation and better indoor air quality. For an owner that shows up in the utility bill. For a landlord it is a point of difference against older stock in the same price band.
What you can buy at Plaza 1
- Studios at the entry price, the cheapest route into a new Masdar City building
- 1 bedroom apartments for single professionals and long let investors
- 2 bedroom apartments for couples and small families
- 3 bedroom apartments for families who want the district without a villa
At six residential floors the building is low rise. That means fewer units per floor plate and shorter lift waits than a tower, and it is the format Masdar City was planned around.
Prices and the entry point
Entry is AED 500,000. That is at the bottom of the Abu Dhabi freehold market for a new build with full amenities.
We do not publish a price per square foot here. The developer does not release a unit size band that we can check against registered sales, and we will not print a figure we cannot support. On enquiry we send the live availability sheet with the exact size, floor and price for each remaining home.
Amenities
- Large swimming pool
- Kids pool
- Gymnasium
- Barbecue area
- Covered parking
- Landscaped areas
- Bocce play area
- Giant chess play area
- Shaded seating areas
The bocce court and the giant chess board are unusual inclusions at this price. They are the kind of detail that gives a building an identity in listings against 20 near identical competitors.
Construction progress and handover
Reportage reports Plaza 1 at 81 percent complete. The structure is up and the project is in fit out.
At that stage a buyer is taking materially less risk than on a launch. The building exists, the delivery window is short, and the shape of the finished product is visible. It also means the very long payment plans offered on early stage projects are usually no longer available.
Reportage has not published a fixed handover date for Plaza 1. We confirm the current expected date in writing with the developer before any reservation.
Who Plaza 1 suits
First time buyers in Abu Dhabi. AED 500,000 in a near complete, 3 Pearl rated building is a low entry point with a short wait.
Yield investors. Masdar City tenant demand comes from the airport corridor, the technology cluster and the Mohamed bin Zayed University of Artificial Intelligence. That is employment led demand, not speculative.
Buyers who care about running costs. The Pearl rating is the reason to choose this over older nearby stock.
Masdar City as an investment location
Masdar City sits under Mubadala, the Abu Dhabi sovereign investor. The district was planned for walkability, with shaded streets, a community mall and a working office and research cluster.
Two structural points for any Abu Dhabi buyer. There is no annual property tax. Registration is 2 percent of the purchase price against 4 percent in Dubai. On a AED 500,000 purchase that is AED 10,000 rather than AED 20,000.
How to buy Plaza 1 through Cresco
Cresco Real Estate is a RERA licensed brokerage, ORN 34288. We hold developer authorisation to sell Reportage inventory across the UAE.
- We send the live availability sheet with unit number, floor, size and price
- We confirm the payment plan and the handover date in writing from the developer
- We show you what comparable Masdar City homes have actually registered at
- We walk you through the reservation, the contract and the Abu Dhabi registration steps
Call or WhatsApp us and we will send the current Plaza 1 availability the same day.
Frequently asked questions
Where is Plaza 1 located?
Plaza 1 is in Masdar City, Abu Dhabi. It is 15 minutes from Yas Island, Ferrari World and Al Raha Beach, and minutes from Abu Dhabi International Airport.
How much does an apartment at Plaza 1 cost?
Prices start from AED 500,000. The final price depends on unit size, floor and layout. We send the live availability sheet on enquiry.
How many units are in Plaza 1?
348 apartments across six residential floors, from studios to three bedrooms.
Can foreigners buy at Plaza 1?
Yes. Masdar City is a designated investment zone in Abu Dhabi, so all nationalities can own freehold.
When will Plaza 1 be handed over?
Reportage reports construction at 81 percent complete and has not published a fixed handover date. We confirm the current expected date in writing with the developer before any reservation.
What does a 3 Pearl rating mean?
Estidama is Abu Dhabi’s sustainability rating system. Ratings run from 1 to 5 Pearls and 1 Pearl is the legal minimum for new buildings. A 3 Pearl building is above that floor, with better insulation and lower water and electricity consumption.
Who is the developer of Plaza 1?
Reportage Properties, an Abu Dhabi developer that builds and delivers its own projects across the UAE.
What is the difference between Plaza 1 and Plaza 2?
They are two separate Reportage buildings in Masdar City. Plaza 1 holds 348 apartments on a 10,222 square metre plot. Each has its own unit mix, plot and completion stage.
More about Masdar City and Abu Dhabi
Read the Cresco area guide to Masdar City and Abu Dhabi. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Masdar City and Abu Dhabi area guide
You may also want to read work out the rental yield.
