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Reem Investments launches 'Najmat Abu Dhabi', an urban waterside community development.
Reem Investments, the Abu Dhabi-based investment company, has announced an $ 8 billion (AED 30 billion) real estate island project in Abu Dhabi.
Najmat Abu Dhabi (meaning star of Abu Dhabi), is the company’s first project in the UAE; it is a 20 million square foot community on Al Reem Island, 300m off the north-eastern
coast of the capital.
Abdulhamid Saeed, chairman of Reem Investments, said: “Najmat Abu Dhabi signifies tomorrow’s lifestyle today as it sets new world standards of community development
within a natural, waterside setting; the blueprint for progressive urban island living.
Saeed said: “This development has been guided by a masterplan, conceptualised by best of breed world-class talent, and underpinned by an overriding commitment to deliver
Through the creation of a holistic community, Najmat Abu Dhabi will host a new-generation population of more than 80,000 when it is complete in 2012, with the first homes ready
for occupation in 2008.
The infrastructure is expected to be completed in 2008. The project will comprise aesthetic, award-winning architecture across a complete and varied city-to-village infrastructure
built around an integrated and efficient road and pathway system.
The buildings will be a mix of traditional Arabian and contemporary architecture, and will be graded in height according to district and marina coast or seaside. As a result,
the skyline will rise and fall according to urban design.
To investors, Najmat Abu Dhabi commits to a partnership that is guided by the elements of the world-class masterplan and to managing the process in a hands-on, supportive,
non-intrusive yet accessible style.
Pre-sales on the development will start immediately and will target investors and real estate companies for plots of land.
The project will include comprehensive infrastructure, schools, health facilities, public parks and modern public transport systems.
Fifty per cent of the land will be dedicated to open spaces, public parks, children’s playgrounds and shaded walkways.
Three distinct districts
The development centres around three districts – business, art and village – and is designed to create a self-sustainable new community, according to Reem Investments’
He said: “The development offers to UAE nationals and expatriates an excellent opportunity for luxurious living as well as investment.”
Najmat Abu Dhabi has been designed with its future residents in mind. With a commitment to keep the build space ratio at 50:50, public parks and spaces built into the masterplan,
and 12 kilometres of uninterrupted bicycle trails, the island development will maintain its feeling of open space.
Serving as a gateway to Reem Island as residents cross the bridge from Abu Dhabi city, the central business district (CBD) has the highest density area in the project. A number
of 40 and 50-storey mixed use towers wrap around the central location of the retail and the entertainment district, with two iconic 80-storey buildings at the heart.
Najmat Abu Dhabi will leverage its superb waterfront setting with canals and waterways running throughout the entire development and flowing in and out of its three marinas
– Nawras, Dolphin and Flamingo.
The marina environment will deliver a huge sense of civic amenities with the Dolphin marina alone having four expansive public spaces, where arts, events and displays will
take place while floating art galleries will be moored adjacent to it.
The development will be completed with the addition of two five-star hotels and an island resort at the eastern tip of Najmat Abu Dhabi.
24/7 business and pleasure
The largest of the three marinas forms Najmat Abu Dhabi’s business, entertainment and retail hub.
Its centerpiece is one of the largest and most exclusive shopping malls in the world offering international and resident shoppers an endless dose of ‘retail therapy’.
Complementing the mall are two signature towers. Redefining the city’s skyline, they comprise a balanced mix of office, retail & residential uses, seamlessly interconnected
to the main buildings. Two 5-star boutique hotels also front this marina.
• Alive with malls, boutiques, public arenas, aquarium & indoor concert venue
• State-of-the-art office floor space
• Boardwalks & magnificent luxury hotels
• Ample berthing for yachts & sailboats
The central marina is the aspirational address for the residential community and boasts waterfront shops, cafes, restaurants and public art galleries.
With a broad range of activities and themes, there’s always something to do. The cosmopolitan residential properties feature commercial outlets along the canal fronts
forming a lively retail corridor, enhancing the character and vibrancy of the district.
With a bustling character by day and an upbeat nightlife, it is a vibrant space where residents can truly redefine the art of living.
• Canal linked to the other 2 marinas
• Flanked by a 10m wide pedestrian promenade
• Ideal atmosphere conducive to relaxation & enjoyment
The third marina features canals surrounded by resort like residential homes. The architecture and design bears tribute to traditional values and scale, while exuding a memorable
style that is fresh and contemporary in its outlook.
The result is a picture perfect residential neighborhood that is quiet and exclusive, with many homes enjoying enviable water’s edge views. Crowning the marina is an
exclusive resort with its own private beach, bringing a serene ambiance to the doorstep.
• Stepped buildings maximize sea & marina views
• Island parks with lush, landscaped grounds & gardens
• ‘Island Residential’ neighbourhoods completely surrounded by water (marina, canal, waterfront)
• Designed to enhance community activities
An eco-friendly master plan
By balancing the built areas with open spaces and environmental terraces, Najmat Abu Dhabi achieves a harmonious scale for living.Open green areas, walkways and trails provide
residents with abundant recreational opportunities. While the marine life, flora and fauna are cared for under environmental impact guidelines developed by a team of international
experts.• Environmentally conscious planning, concept to completion• Rejuvenating lifestyle that complements nature• Open parkland, playgrounds & bike
paths• Free flowing water in the marinas safeguards marine life
Seafront in the heart of Abu Dhabi
Najmat Abu Dhabi commands a prime seafront position on Reem Island, conveniently located a short distance from the city centre.When it comes to location, Najmat Abu Dhabi is
surely the city’s premier ‘dress circle’. It is situated close to Downtown area while still providing an island lifestyle with its idyllic seafront locale.
• City centre just 300m from Najmat Abu Dhabi
• 20 minutes from Abu Dhabi International Airport
• Easy access to near by regional cities
• Provides a convenient shortcut to Dubai
• A high level of personal safety
Reem Developers - Unlocking the potential of real estate
Reem Developers a fully owned subsidiary of Reem Investments, an Abu Dhabi based Private Joint Stock company (PJSC) was established to achieve the investment objectives of
Reem Investments in the real estate development sector.Reem Developers maiden venture is the prestigious Najmat Abu Dhabi with a number of exciting ventures to follow soon.The
company prides itself on its ability to attract and retain the finest experts, having appointed some of the worlds leading architects, engineering consultants and project managers.
This strategy ensures its developments are best of class and to the highest international standards of planning, management & execution.
Reem Developers mega project, Najmat, on course to be Abu Dhabi’s foremost self-sustained community
Abu Dhabi, 23rd November, 2006 – Abu Dhabi’s premier island property, Najmat Abu Dhabi is set to live up to it’s name, “Star of Abu Dhabi” and
become Abu Dhabi’s landmark urban development.Reem Developers, the realty development subsidiary of the Abu Dhabi based investment company, Reem Investments, announced
today that their seafront real estate venture on Reem Island, Najmat Abu Dhabi (Star of Abu Dhabi), is progressing as scheduled. Najmat Abu Dhabi is Reem Developers’
maiden project in the UAE and is located just 300m off the coast of the mainland Abu Dhabi, capital city of the UAE. This mega project is being developed on one of the several
natural islands in close proximity of Abu Dhabi - Reem Island. Najmat, is a community focused project which has a mixture of traditional and contemporary architecture. Najmat
also boasts of having one of the best conceptualized master plans in the region and has attracted the attention of many investors from the GCC, Far East, South Asia and Europe.“Najmat
Abu Dhabi signifies tomorrow’s lifestyle today as it sets new world standards of community development within a natural, waterside setting; the blueprint for progressive
urban island living,” said a company official.Najmat’s development plans focus on business, leisure and residential areas, designed to create a self-sustainable
community development. The project will include progressive infrastructure, educational campuses, health and well-being facilities and retail and hospitality destinations.
The envious and most proximate position on the Reem Island lends Najmat to be home to of the biggest malls in Abu Dhabi.
Reem Investments PJSC
Reem Investments officials added, “Liberalisation of the Real Estate sector coupled with Abu Dhabi’s economic diversification plan and the latent demand and population
growth has opened new avenues of investment opportunities within the emirate.” “Reem Island was accorded the status of a Special Investment Zone which makes Najmat
an attraction for international investors”, adds the official. Reem Investments, an Abu Dhabi based investment company, is engaged in various types of investments including
private equity, real estate investment, realty development, and financial investments. Reem Investments is focused in acquiring a diverse portfolio of investments across a
range of industries and geographic domains with specific interest in GCC and Asia. The company targets realistic, sustainable investments that provide attractive returns on
investment (ROI) to its partners.