Al Reem Island

Reem Island (Arabic: جزيرة الريم) is a natural island located 600 metres off the coast of Abu Dhabi island. It is a mixed purpose community with both residential, retail and commercial units.

Al Reem Island
Al Reem Island skyline and mangroves seen on the northern side of the island.
Geography
Coordinates24°29′35″N 54°24′25″E
Administration

Development

Sorouh Real Estate, now merged with Aldar Properties PJSC, Reem Investments and Tamouh are independently developing parts of the island with projects like Shams Abu Dhabi. Reem Developers[1] define the overall dimensions of the project as 2 meters square metres and investment costs as exceeding $30 billion. The project is a free zone, where foreign nationals can buy property on a 50-year leasehold basis.

The handing over of units in Al Reem Island was significantly delayed due to a couple of reasons[2] but during the first quarter of 2011, the handing over process began.[3]

In March 2013, Repton announced that it would be opening a campus in Al Reem Island, and opened its first location in 2013 and a second location in 2014.[4]

References


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