Al Reem Island is a residential, commercial and business project on Al Reem Isle, a natural island 600 m off the coast of Abu Dhabi island. It is currently being developed separately by Sorouh Real Estate (Shams Abu Dhabi), Reem Investments, and Tamouh. Reem Developers the overall dimensions of the project as 6.5 million 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 as leasehold.
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