It is a mixed-purpose community with residential, retail, and commercial units.
[2] Sorouh Real Estate (now merged with Aldar Properties PJSC), Reem Investments, and Tamouh are independently developing parts of the island with projects like Shams Abu Dhabi.
The project is a free zone, where foreign nationals can buy property on a 50-year leasehold basis.
The handing over of units in Al Reem Island was significantly delayed due to a couple of reasons[4] but during the first quarter of 2011, the handing over process began.
The opening ceremony was attended by notable figures including H.E.