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Shams Central Park will mark the heart of the master plan which will consist of the Central Park, Mosque, Entertainment, and Retail Center. It is connected to the rest of development by a pedestrain friendly network with wide pavements, sikkas, and linear parks with shaded structures. Complementing the pedestrain network will be canals, coastal walkways, and a comprehensive vehicular and mass trainsit network.
The infrastructure works have been completed with the networks being handed over to the relevant authorities. These include the seawalls, marina, sewerage, storm water, irrigation, district cooling, telecommunication, and gas networks.
Shams has undergone highly active development and represents some of the most developed areas of Reem Island with numerous sub-developer plots in either design or construction stages. Community facility plots have been activated with the primary school already operational while the secondary school, mosque, and hospital are currently under development.
Plot ID | Land Use | Land Area (Sqm) | Total GFA (Sqm) | Price/ Sqm of GFA | Selling Price |
---|---|---|---|---|---|
S3- C15 | Mixed Use | 7,940 | 76,058 | AED 1,450 | AED 110,284,100 |
S3- C17 | Mixed Use | 8,052 | 71,477 | AED 1,450 | AED 103,641,650 |
S3- C18 | Mixed Use | 6,411 | 70,729 | AED 1,450 | AED 102,557,050 |
S3- C19 | Mixed Use | 6,299 | 76,942 | AED 1,450 | AED 111,565,900 |
S2-C28-C40 | Mixed Use | 33,216 | 323,271 | AED 1,450 | AED 468,742,950 |
Abu Dhabi is quickly becoming a focal point in terms of commercial and real estate activity in the region. With numerous developments and upcoming projects, residents in the capital are considering moving to Al Reem Island to find a home. With no lack of waterfront developments, one particular area in Abu Dhabi has garnered more user interest than others: Al Reem Island.
Reem Island 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.
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.
Reem Investments, and Tamouh are independently developing parts of the island with projects like Shams Abu Dhabi. Reem Developers 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 natural island sits 600 metres off the north-eastern coast of Abu Dhabi and has become one of the most popular areas to live in. Bustling with residential communities and light retail, this area guide explores how Reem Island, Abu Dhabi promises its residents a modern lifestyle and spectacular waterfront views of Marina Bay and the Arabian Gulf.
Al Zaeem Real Estate is dedicated to delivering our clients a wide array of services in terms of sales, rentals, property management, consulting services, mortgage brokerage and more. It is an accredited agency across the UAE. Al Zaeem is a Real Estate that You Can Trust!
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