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Marina Bay

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Najmat Abu Dhabi, which can be translated into English as 'Star of Abu Dhabi' or 'Abu Dhabi's Star', is one of the three project developments being built on Al Reem Island. The estimated AED 30 billion (US$ 8 billion) project will occupy approximately 20% of the island, occupying 16 million square feet (1.49 million square meters) and is to house around 80 thousand residents.

Najmat Abu Dhabi will be an urban waterside community development project that will be located to the southeast of the entrance to Al Reem Island. The buildings will have a mixture of traditional Arabian and contemporary architecture, that will be accompanied by schools, health facilities, public parks and modern public transport systems. Najmat Abu Dhabi will have 55% of its land dedicated to open spaces, public parks, children’s playgrounds and shaded walkways.

The Marinas
Najmat Abu Dhabi will have 3 marinas - Bay Centre Marina (diameter of 250 metres), Residential Marina (diameter of 200 metres) and Resort Marina (diameter of 180 metres) - which are linked by a canal that travels through the development from northwest to southeast. The Bay Center Marina, which is the largest of the three, will be the business, entertainment and retail center of the development with two 80-storey buildings at the heart.

Expected Completion Date - In 2012
Real Estate Developer - Reem Developers (Reem Investments)
Location - Al Reem Island, Abu Dhabi, United Arab Emirates

 

Marina Bay is a stunning 25-storey mixed-use tower overlooking the marina.

Located in close proximity to two 5-star hotels, Marina Bay also offers exquisite views of the canal that connects

the entire Najmat development.

Indulge in the pleasure of owning a waterfront property, and a lifestyle where the sky and bay meet outside your balcony. Virtually is the most distinguished lifestyle investment for connoisseurs of fine living.


Marina Bay is a path-breaking green luxury development designed to enhance health and well-being by improving indoor environment, maximize water efficiency, use energy efficient/eco-friendly equipment and intelligent integrated building management system.


  • Overlooks the Central Business Bay

  • Ground plus 24 floors including 3 podiums

  • A mixed-use tower with residential, retail and prime commercial space

  • Grand reception area and guest lounge

  • Lift lobby with multiple smart elevators

  • Landscaping that blends with location

  • Monitored ventilation and controlled indoor air quality systems

  • Integrated intelligent building management and smart property systems

  • Modern technologies to save consumption of water & electricity

  • Latest telecommunications systems for easy access of information

  • Natural lighting and lighting control system

 

Abu Dhabi provides luxury living in a vibrant city with an impressive modern skyline  It is located in the north central UAE. The city lies on a T-shaped island jutting into the Persian Gulf from the central western coast. An estimated 1,000,000 people lived there in 2000, with about an 80% expatriate population.

The capital of United Arab Emirates 

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Spread across on area of 67,340 kilometers, it is the largest of the seven emirates. Abu Dhabi is the nerve-centre of United Arab Emirates governmental and economic activates, with most of the federal ministries, majority of foreign embassies and most petroleum companies located there. Abu Dhabi’s oil wealth, which is the highest of all the Emirates, has been wisely utilized to encourage a progressive economy and a healthy trade and commerce atmosphere. The promotion of tourism, trade and industry has further elevated Abu Dhabi to a commendable status in the region.

Property in Abu Dhabi

Modern high-rise building, world- class shopping malls and recreational facilities, state- of the are transport and communication services, world – class healthcare facilities, and international educational facilities make Abu Dhabi one of the ideal locations to reside. This thriving city also offers internationally renowned sports facilities including golf, tennis, water sports, horse- back riding, dune driving and sand skiing to name a few. Abu Dhabi is a truly cosmopolitan city with a progressive and tolerant multi – cultural society composed of over 185 nationalities living together.

Reem island an extension for Abu Dhabi

Reem island is going to be an extension of Abu Dhabi the island which is not man made is set to house 100,000 people eventually Al Reem Island is 300 metes offshore and will be linked to Abu Dhabi by two bridges

  • 0 min from AD airport and 15 min from AD Cornish.
  • The Island is facing Abu DHABI MALL.
  • Connected by 3 proposed bridges.

  • Three master developers are involved in the realization of Al Reem project:
  • Tamouh investments, who owns 60% of the al Reem island development project. (recently launched park towers)

  • Sorouh, a PJSC established in 2005, is developing almost 20% of the island project. Souroh project is called SHAMS (SUN) ABU DHABI.

  • Al Reem investments, also developing the remaining 20% of the project. Reem investments project is called NAJMAT (STAR) ABU DHABI.
    INVEST IN ABU DHABI

There are many reasons that make Abu Dhabi an ultimate location to invest:

  • Current and future high demand for rent.
  • No corporate Tax & Income Tax
  • No foreign exchange controls
  • No Trade barriers.
  • No restrictions on capital repatriation
  • Strong investor incentives and protection
  • State- of – the – art telecommunications.
  • Competitive energy costs
  • Competitive real estate costs
  • Competitive import duties ( 4% only with many exemptions)
  • Abu Dhabi has one of the highest per capita income in the world
  • 10 year GDP average growth of over 8%
  • Stable currency – pegged to US$ at AED 3.67
  • Very low inflation
  • Stable economy with relatively low volatility
  • Continuous political stability since it’s inception in 1971

 
 
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