Al Reem Island
(Arabic: جزيرة الريم) is a natural island 600 metres off the coast of Abu Dhabi
island. Sorouh Real Estate
, Reem Investments
, and Tamouh
are independently developing parts of the island with projects like Shams Abu Dhabi
. Reem Developers
define the overall dimensions of the project as 6.5 million square metres and investment costs as exceeding $30 billion. The project has gained international interest as one of the first free zones in Abu Dhabi, where foreign nationals can buy property as leasehold.
Located off the northeastern coast of Abu Dhabi city, it is a mixed purpose community with both residential and commercial units. The handing over of units in Al Reem Island was delayed due to a couple of reasons but during the first quarter of 2011, the handing over process began.
In March 2013, Repton announced that it will be opening a campus in Al Reem Island after which it became one of the first schools of the community.
Coordinates: 24°29′35″N 54°24′25″E / 24.493°N 54.407°E
This page was last edited on 11 June 2016, at 11:06 (UTC)
under CC BY-SA license.