Dh6.5b mixed-use project launched on Abu Dhabi's Reem Island

Published June 18th, 2006 - 06:08 GMT
Al Bawaba
Al Bawaba

Development of a new Dh6.5 billion mixed-use project on Abu Dhabi's Reem Island was revealed on Wednesday by a Saudi investing group, marking its first entrance into the thriving UAE property market.

  

The 50-storey towers will feature a main shopping center, community facilities, landscaped gardens and a marina, according to Gulf News.

 

Work on the proposed project would commence shortly and the project would be ready in approximately 42 months.