Al Reem Island, United Arab Emirates, UAE / Dubai
- PROPERTY TYPE
Residential Development
- SIZE
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Key features
- Prime waterfront location in Shams Abu Dhabi
- Prestigious Abu Dhabi island address
- Potential appeal to institutional, international and ultra-high-net-worth investors
- One of the most distinctive land opportunities currently available in this location
- Suitable for a landmark high-end development, subject to approvals
- Exceptional positioning facing Saadiyat Island
- Approx. 357,427 sq ft land area
- Suitable for institutional, private equity, family office and major developer consideration
- Offered as a substantial single-site investment opportunity
- Strategic Abu Dhabi location with access to key destinations and infrastructure
Description
An exceptional opportunity to acquire a substantial **waterfront development site of approximately 33,216 sq m (357,427 sq ft) ** in Shams Abu Dhabi, strategically positioned with views towards **Saadiyat Island and its evolving waterfront and cultural destination**.
With an asking price of approximately **AED 1.5 billion (circa £308 million) **, this is a major landholding suited to consideration by **institutional investors, family offices, private equity, sovereign or strategic capital, major developers and international investment groups**, subject to applicable planning and development parameters.
### Strategic Location
The site benefits from its proximity to the continuing transformation of Saadiyat Island into one of Abu Dhabi's principals **cultural, luxury residential, hospitality and waterfront destinations**.
The neighboring Saadiyat masterplan incorporates the Cultural District, premium residential communities, hospitality, retail, leisure and waterfront destinations. Its cultural offering includes **Louvre Abu Dhabi, Zayed National Museum, Natural History Museum Abu Dhabi, team Lab Phenomena Abu Dhabi and the forthcoming Guggenheim Abu Dhabi**.
The newly announced **Marsa Al Saadiyat** represents the final phase of Saadiyat Island's masterplan, with an approximately **AED 100 billion gross development value**, an 8 km coastline, Abu Dhabi's largest marina, more than 350 berths, a waterfront promenade, beaches, cycling and walking routes, hospitality, residential and cultural components.
### Development & Investment Potential
The scale of the landholding provides an opportunity to explore a **landmark mixed-use or destination-led development**, subject to the property's permitted use, planning regulations and relevant government approvals.
Potential development considerations could include:
* Premium waterfront residential
* Luxury branded residences
* Hospitality and hotel development
* High-end retail and dining
* Waterfront leisure and lifestyle uses
* Mixed-use destination development
* Institutional or strategic investment
* A phased master-planned development
The surrounding investment story is further supported by the continued expansion of Saadiyat's luxury residential, cultural, hospitality and retail ecosystem. Saadiyat Grove, positioned between the major cultural institutions, is planned to bring together more than 100 brands alongside dining, hotels, wellness, residences and premium office space.
### A Landmark Abu Dhabi Landholding
For an investor or developer seeking **scale, waterfront positioning and exposure to Abu Dhabi's long-term cultural and tourism-led development**, this represents an unusually substantial single-site opportunity.
KEYFACTS
SHAMS Central Park will mark the heart of the master plan which will consist of the Central Park, Mosque, Entertainment and Retail Centre. It is connected to the rest of development by a pedestrian friendly network with wide pavements, sikkas, and linear parks with shaded structures.
Complementing the pedestrian network will be canals, coastal walkways, and a comprehensive vehicular and mass transit network.
SHAMS Infrastructure works have been completed with the networks being handed over to the relevant authorities. These include the seawalls, marina, sewerage, storm water, irrigation, district cooling. telecommunication, and gas networks.
SHAMS has undergone highly active development and represents some of the most developed areas of Reem Island with numerous sub-developer plots in either design or construction stages. Community facility plots have been activated with the primary school already
operational while the secondary school, mosque, and hospital are currently under development.
The combination of **357,427 sq ft of land, waterfront positioning, Saadiyat-facing views and proximity to Abu Dhabi's expanding cultural and luxury ecosystem** creates a compelling platform for consideration by sophisticated domestic and international capital.
**Offered as a strategic development opportunity. Detailed planning parameters, permitted uses and development information available to qualified parties upon request. **
Al Reem Island, United Arab Emirates, UAE / Dubai
NEAREST AIRPORTS
Distances are straight line measurements- Dubai(International)79.7 miles
Notes
This is a property advertisement provided and maintained by Providential Properties, Abu Dhabi (reference MH007) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.





