Al Reem Island
Encyclopedia
Al Reem Island is a residential, commercial and business project on Al Reem Isle, a natural island 600 meters off the coast of Abu Dhabi
Abu Dhabi
Abu Dhabi , literally Father of Gazelle, is the capital and the second largest city of the United Arab Emirates in terms of population and the largest of the seven member emirates of the United Arab Emirates. Abu Dhabi lies on a T-shaped island jutting into the Persian Gulf from the central western...

 island. It is currently being developed separately by Sorouh Real Estate
Sorouh Real Estate
Located in Abu Dhabi, Sorouh Real Estate PJSC is one of the largest real estate developers in the UAE, and currently has over AED 70 billion worth of projects under development.- Master Developments :...

 (Shams Abu Dhabi
Shams Abu Dhabi
The Shams project will be developed on Reem Island in Abu Dhabi by Sorouh Real Estate and occupy approximately 25% of the island. It will occupy 1.32 million square meters of which, 90% will be dedicated to residential buildings and has a potential of developing 22,000 residential units which will...

), 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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