Al Reem Island

Reem Island (Arabic: جزيرة الريم) is a natural island located 600 metres (2,000 ft) off the coast of the Abu Dhabi island. It is a mixed-purpose community with residential, retail, and commercial units.[1] As of 2015, Al Reem Island's population is at 13,941 people with the population density being 1,579/km².[2]

Al Reem Island
Al Reem Island skyline and mangroves seen on the northern side of the island.
Geography
Coordinates24°29′35″N 54°24′25″E
Area8.8 km2 (3.4 sq mi)
Administration
Demographics
Population(as of 2015) 13,941

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[3] define the overall dimensions of the project as 2 meters square meters 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[4] but during the first quarter of 2011, the handing over process began.[5]

In March 2013, Repton 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.[6]

References

24.493°N 54.407°E / 24.493; 54.407

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