Saturday 30 August 2014
 
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Al Reem Island

Chinese investment seen in Al Reem Island

The newly opened Reem Diamond luxury residential project in Abu Dhabi is attracting overseas investment, especially from the Chinese, who have booked units in the seaside project, said a top official. “The seaside developmen

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Damac sees demand for island project

The demand for property on Abu Dhabi’s natural Al Reem Island is outstripping other parts of the emirate as people seek the ‘island dream’, according to luxury developer Damac Properties. The view is supported by real estate advisory firm

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Damac adds new tower on Al Reem island

Damac Properties, a leading property developer in the region, is adding a new tower to Al Reem Island in Abu Dhabi, with its Marina Bay development reaching the 7th floor. Marina Bay is a waterfront, mixed-use development, offering residen

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Sorouh makes progress on Shams Abu Dhabi

The Abu-Dhabi based Sorouh Real Estate Company has completed infrastructure works on the  Shams Abu Dhabi project, its flagship master development on Al Reem Island. Sorouh said it has invested Dh1.7 billion in the infrastructure of

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Sorouh starts delivery of Al Reem homes

Sorouh Real Estate, a major Abu Dhabi-based property developer, has started a phased handover to owners of their new homes in Sun and Sky towers, part of Sorouh’s Shams Gate District on Al Reem Island. Sorouh’s customer service team has i

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Sorouh announces new mortgage deal

Sorouh Real Estate, one of the leading real estate developers in the UAE, has launched its new mortgage deal for Sun Tower on Al Reem Island. Sorouh’s Why Rent? promotion offers the best mortgage rate in Abu Dhabi to purchasers of any nati

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Burooj Crystal unveiled at Cityscape

Burooj Properties, a subsidiary of Abu Dhabi Islamic Bank (ADIB), has launched its new project on Al Reem Island – Burooj Crystal. The announcement was made on the sidelines of Cityscape Dubai. The project is part of a cluster of t

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‘First-of-its-kind building’ nears completion

The Middle East's first building without any concrete, wood or steel is nearing completion on Abu Dhabi's Al Reem Island. Built with 'sandwich panels' made of composite materials that are used to make the new generation aircraft - includin

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Construction fever is running high

With Abu Dhabi pouring hundreds of billions of dollars into its infrastructure, industry, tourism facilities and real estate, construction fever is running high as the emirate presses ahead with visionary plans to invest and diversify its economy.

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ABB wins Abu Dhabi deal

ABB has won a $126 million order for three turnkey substations from ADWEA group (Abu Dhabi Water & Electricity Authority). The three new 132/22 kilovolt (kV) substations will supply power to Al Reem Island, a residential, commercial a

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