Addax Port, Reem Island, Abu Dhabi

Addax Port, like Shams Abu Dhabi, is another Mega Development being built on Reem Island, which is Abu Dhabi's largest and greatest Mega Project to date. Covering a total area of 8.7 million sq feet, and costing $1.8Billion, Addax Port will have its own private bay setting on Reem Island. The project will feature four uniquely designed residential towers and one commercial tower--offering a total of over 3000 luxury apartments and commercial offices.

Mr. Saaed Al Qahtani, CEO of Abu Dhabi Towers Investment Company - a subsidiary of Saudi owned Al Qahtani Group - stated the following about the Addax Port project:

"Addax Port has been conceptualized to become a home concentration of international enterprises and operations headquarters within Abu Dhabi’s vibrant business environment. We aim to provide local and international buyers with projects that answer the growing need for residential and commercial requirement in Abu Dhabi and the UAE at large. We believe that this project will boost the real estate and development industry in Abu Dhabi and the UAE. We have already received positive interest from prospective investors, reflecting strong confidence and robust demand for development projects such as Addax Port."

...and why did Al Qahtani Group choose Abu Dhabi? "This is our first real estate venture in the UAE and we chose Abu Dhabi after undertaking a study. We forecast huge demand for commercial and residential property in Abu Dhabi over the next five years. Also, the economy of Abu Dhabi is robust and we are impressed by the vision of the rulers," stated Mr. Al Qahtani.

The Office Tower, being the only 100% commercial tower on Reem Island, will be the center for business on Reem Island and a business center for the Abu Dhabi mainland as well. According to the developer, "As well as an ultra modern facade, the interior design is the pinnacle of convenience and luxury with intelligent workspaces that may be utilized by both the new employee and the CEO."

The four residential towers; Park Tower, Marina Tower, Executive Tower and Light Tower, will offer ultra modern upscale living. These 50 storey high towers will feature a central shopping area, community facilities, landscaped gardens and a beautiful marina which will have extensive road systems and connection networks with the rest of Reem Island and Abu Dhabi offering ultimate accessibility for residents.

Addax Port on Reem Island, due to be finished by January 2010, is destined to become a major business and residential Abu Dhabi landmark.

This link takes you to the Addax Port website:

http://addaxport.com/index.html