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Tuesday, February 12, 2008

Najmat Abu Dhabi, Reem Island

This is my fourth post about the gigantic Reem Island Mega Project...so you know I must like it a lot. I do. In fact, I think Reem Island represents one of the best investments in all of the Gulf. Reem Island, once complete, will be the centerpiece and Icon of Abu Dhabi and perhaps all of the UAE. Billions and billions of dollars are being invested in Reem Island, more than any other Abu Dhabi Mega Project. This is the place to be.

Today I will cover Najmat Abu Dhabi, a Mega Project being developed on Reem Island by developer Reem Investments. Najmat is an $8Billion master-planned 16 million square foot community that will occupy 20% of Reem Island and house 80,000 residents. Najmat should be complete by 2012.

According to the developer:

'Najmat Abu Dhabi is a world class project that not only meets the demands of successful real estate development but creates an urban framework for a community in which people live, work, shop, learn and relax in an inspiring, safe and unique environment. Najmat Abu Dhabi is a multi and mixed use development.'

The architecture of Najmat Abu Dhabi will blend traditional Arabian and contemporary, and Najmat will include: a commercial, business and retail zone (which is already 100% sold out), schools, health centers, hotels, restaurants, entertainment, parks, a marina and of course many, many residential choices.

The business district of Najmat Abu Dhabi is the highest density area of the entire project. Here, a group of 40 to 50 storey towers will wrap around one central location containing the retail and entertainment district, with two huge 80 storey towers in the center. This, in fact, is the center of the entire project, and as noted earlier has already completely sold out.

The major residential community of Najmat Abu Dhabi is Maysan. Located next to the business district, Maysan will offer luxury waterfront living including waterside promenades, fountains, waterfalls, gardens and parks....all located conveniently near shopping, entertainment, leisure and business facilities.

Abdulhamid Saeed, Chairman of Reem Investments had this to say about the entire project:

"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. This development has been guided by a masterplan, conceptualized by best of breed world-class talent, and underpinned by an overriding commitment to deliver quality."

Najmat Abu Dhabi is truly a world class development: it, along with the two other Mega Developments of Reem Island - Addax Port and Shams Abu Dhabi - make Reem Island one of the most desirable and best investments in all of the UAE/Gulf region, in my opinion.

Here is the link to the Najmat Abu Dhabi website:

http://www.najmatabudhabi.com/

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