Al Reem Island
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Reem Island ( ar, جزيرة الريم) is a natural island located 600 metres off the coast of
Abu Dhabi Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the capital and second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Metropolitan Area. ...
island. It is a mixed purpose community with both residential, retail and commercial units.


Development

Sorouh Real Estate Sorouh Real Estate PJSC of Abu Dhabi was one of the largest real estate developers in the UAE with over AED 70 billion (US$19 billion) worth of projects under development. In June 2013, it merged with Aldar Properties. Sorouh developed commercia ...
, now merged with
Aldar Properties PJSC Aldar Properties PJSC (شركة الدار العقارية ''Sharikah al-Dār al-`Iqāriyyah'') is a real estate development, management and investment company with headquarters in Abu Dhabi, United Arab Emirates. The company's shares are trade ...
, Reem Investments and Tamouh are independently developing parts of the island with projects like
Shams Abu Dhabi The Shams Abu Dhabi project will be developed on Reem Island in Abu Dhabi by Sorouh Real Estate and occupy approximately 25% of the island. It will occupy , of which 90% will be dedicated to residential buildings and has a potential of developing 2 ...
. Reem Developers 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 but during the first quarter of 2011, the handing over process began. In March 2013,
Repton Repton is a village and civil parish in the South Derbyshire district of Derbyshire, England, located on the edge of the River Trent floodplain, about north of Swadlincote. The population taken at the 2001 Census was 2,707, increasing to 2,8 ...
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.Top UK school comes to Reem Island this September
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References

Buildings and structures under construction in Abu Dhabi Islands of the Emirate of Abu Dhabi Central Region, Abu Dhabi {{UnitedArabEmirates-geo-stub