) Al Reem Island skyline and mangroves seen on the northern side of the island. | |
| Geography | |
|---|---|
| Coordinates | 24°29′35″N 54°24′25″E / 24.493°N 54.407°E |
| Administration | |
Reem Island (Arabic: جزيرة الريم) is a natural island 600 metres off the coast of Abu Dhabi island. Located off the northeastern coast of Abu Dhabi city, it is a mixed purpose community with both residential, retail and commercial units.
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 has gained international interest as one of the first free zones in Abu Dhabi, 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 will be opening a campus in Al Reem Island, and opened its first location in 2013 and a second location in 2014.[4]
In December 2018, Reem Central Park, a one-million-square-foot recreational space, opened on the island. It includes a canal walk, skateboard park, 3 basketball courts,a football court, table tennis courts etc. and several food outlets including 800 Degrees Pizzeria, Taqado Mexican Kitchen and Urban Seafood.
Reference List