The Reem Island is primarily a commercial and residential project on the Al Reem Isle. It also houses several business projects and it located off the coast of the island of Abu Dhabi. The island will be connected to the main city of Abu Dhabi with the help of 2 to 3 bridges. It is planned to house about 280 residents with all the modern facilities, like shopping malls, medical clinics, schools and restaurants. Also in the booty is a 27-hole golf course, hotels, spas and pristine beaches.
The newer properties that will be available on the Reem island will be on a 99 year lease basis. With the completion date nearing in the year 2008, this is going to be a hot spot for investment in real estate. The buys have already started and the initial response has been overwhelming. More than 1,000 visitors have flocked to see the newest apartments and houses and 70 per cent of them are already booked.