Al Reem Island

Al Reem Island, previously referred to as 'Abu Al Shuoom', 'The Pearl' and 'Emirates Pearl Island', is a residential, commercial and business project to be built on the natural island of Al Reem Isle, located off the northeastern coast of Abu Dhabi city. The development will be connected to the Abu Dhabi city island by 2 or 3 bridges and be located 20 minutes from the Abu Dhabi International Airport.

Spread across 6.5 million square meters, Al Reem has been meticulously master planed to eventually accommodate over 200,000 inhabitants living and working on the island. Al Reem Island will be one of the largest and most impressive tourist waterfront lifestyle developments in the world. The development will be one of the city's hallmarks and a main tourist attraction. The island will house hotels, restaurants, gardens, museums, an aquarium, amusement parks for children and a diverse wildlife reserve.

Al Reem Island aims to enhance Abu Dhabi role as the country's capital and tourist destination to contend with.  It is certain to become the premier residential and commercial addresses in the city.

About the Development
Al Reem Island aims to offers you the combination of a vibrant, urban metropolitan and a rejuvenating tranquillity the only a private island can embody. The development holds the distinction of being the largest in Abu Dhabi. It is also the first development of its kind in the region to be executed on a natural island.

The project is being approached in three phases, the first which began in 2006. It is estimated that the third phase of the ambitious project will only be complete in 2023.

Property available on Al Reem Island will be on an extendable 99-year leasehold basis.

Project website: www.reemisland.com/

Pearl of the Emirates - Name of Tamouh Investments' 60% of Al Reem Island, whose first phase is estimated at AED 2 billion (US$ 545 million) which includes 15 towers and a 5-star hotel.

Al Shams Abu Dhabi (The Sun of Abu Dhabi) - Residential development by Sorouh covering 14.2 million square feet (1.32 million square meters) to be completed by 2011.

Najmat Abu Dhabi (The Star of Abu Dhabi) - AED 30 billion (US$ 8 billion) urban waterside community development by Al Reem Investments covering 20 million square feet (1.86 million square meters) to accommodate 80 thousand to be completed by 2012.

Marina Square - Covers 13.2 million square feet (1.2 million square meters) of Pearl of the Emirates, with 70% residential and 30% commercial districts expected to be complete by 2009. It will contain a collection of 14 high-rise waterfront towers including Marina Heights 1 and 2 by Profile Group Properties, 49-floored Tala Tower by Sorouh Real Estate, and 43-storeyed Ocean Terrace Residence by First Gulf Bank (FGB).

Addax Port - AED 6.5 billion development on the Pearl of the Emirates with 5 towers (Office Tower, Park Tower, Marina Tower, Executive Tower, and Light Tower), 4 of which are residential and 1 will be commercial.

The development will include a business district, a commercial district and a residential district, turning the island into a luxurious 'city within a city'. Facilities such as mosques, schools, golf courses, art galleries, golden beaches, lush landscapes, shopping malls, recreational centres, healthcare, restaurants, a 27-hole golf course, hotels, resorts, spas, gardens, and beaches. World-class infrastructure and commercial space will make it ‘the' place to live, work and relax.

Al Reem Island will offer a unique blend of 'chic urban metropolis' and 'tranquility island seclusion'. Water activities will form a major part of the island lifestyle including waterskiing, snorkeling, scuba diving, fishing, sailing and more.

Located on the northern shores of the city, within the pristine waters of the Arabian Gulf, the project will be easily accessible via the Dubai-Abu Dhabi highway.  Less than a kilometre away from downtown Abu Dhabi (approximately 300 meters away from Abu Dhabi's coast) and only 20 minutes from the capital's international airport

The development is being built by 3 developers - Tamouh Investments owns 60%, Sorouh owns 20% and Al Reem Investments owns the remaining 20%. The development will be overseen by an independent third-party facilities management company known as Bayt Al Khidma, who will ensure all three Reem Island developers meet the high standards of construction.

Expected Completion Date - In 2008

• Located only 300 meters off the coast of downtown Abu Dhabi (opposite the popular Abu Dhabi Mall)
• The Island is 6.5 million square meters of land
• Tamouh Investments will be developing 60% of the Island, Sorouh 20% and Reem Investments the remaining 20%
• This will be the first mega project to be developed on a natural island (something that is currently unique in the entire region)
• As a ‘Natural Island’ it is also an ecologically friendly development
• The Island is currently assessable road over an existing bridge, with a new multi-lane bridge currently being built and more to be added in the future to meet the demand
• The meticulously master planed community currently has over 200 towers on the Island
• Development will be carried out in multiple phases from 2006 – 2023
• Al Reem will eventually accommodate over 200,000 inhabitants living and working on the Island
• It will have Residential, Commercial, Retail, Recreational, Cultural, Educational, and Medical areas
• It will feature Schools, Galleries, Businesses, Shops, Mosques, Parks, Sports Facilities