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Al Reem Island (Arabic: جزيرة الريم) is a residential, commercial and business project on Al Reem Isle, a natural island 600 meters off the coast of Abu Dhabi island. It is currently being developed separately by Sorouh (Shams Abu Dhabi), Reem Investments, and Tamouh. Reem Developers quote the overall dimensions of the project as 6.5 million square meters 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 nationalities can buy property as leasehold. In total, at least 22,000 residential units are planned (figures do vary significantly between different sources) with the first buildings to be completed by 2009, in Marina Square.
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Al Reem Island map (City of Lights is highlighted)
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[edit] See Also
Saadiyat Island
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