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Al Reem Island A natural island off the coast of Abu Dhabi island being developed by Sorouh (Shams Abu Dhabi), Reem Investments, and Tamouh



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Old May 13th, 2008, 05:43 PM   #1
bizzybonita
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#GROUND WORKS: REEM MALL

NREC and AMS sign the retail property consultancy agreement for 360,000sqm Reem Mall at Cityscape Abu Dhabi 2008



Posted on Tuesday, 13 May 2008

Industry Sector Real Estate
Country United Arab Emirates
Client(s) Aswaq Management & Services



Press Release Content

Located on Reem Island at Najmat Abu Dhabi, the mall offers 700 outlets with over 10,000 parking spaces.



Aswaq Management & Services (AMS), the Abu Dhabi-based mixed-use property consultancy, sale and leasing company, today signed the retail consultancy and leasing assistance agreement for Reem Mall located on Reem Island in Najmat Abu Dhabi at a ceremony held at Cityscape 2008.

National Real Estate Company (NREC) - a publicly quoted company both in Kuwait and in Dubai with a diversified portfolio of enterprises - is the developer of Reem Mall. The agreement was signed between H.E Nasser Al Nowais, Chairman, AMS and Jamil Sultan Al Eissa, Chairman, NREC. Also present at the signing was NREC General Manager, Khaled Al Abdallah.

Speaking at the signing ceremony, H.E Nasser Al Nowais said, "The retail avenues in the UAE capital are expanding at an enormous rate and there has been a notable shift towards the provision of international standard shopping malls. In this regard we are extremely delighted and proud to sign the consultancy agreement for Reem Mall located on one of the most impressive tourist developments in the world - Reem Island. Our deal announcement also comes at a perfect time as Cityscape AbuDhabi is an ideal networking event and attracts top regional and international investors. It creates an ideal platform to announce major deals of this kind that reflect the upward moving commercial property segment in the emirate".

"NREC's portfolio comprises of some prestigious flagship projects and we are extremely positive that we will jointly be able to provide consumers and visitors a unique and ideal destination to shop." Reem Mall will host the largest Hypermarket in Abu Dhabi and will be operated by The Sultan Centre from Kuwait. The leisure activities in the mall include an iconic family entertainment Centre, 15 screen cinemas, and comprises of roof top amenities with gardens including fine dining restaurants.

The mall offers a Gross Leasable Area (GLA) of 200,000sqm with 700 outlets. In addition it provides over 10,000 parking space and is scheduled to open in the first quarter of 2012. The mall received an overwhelming interest from major retail groups of the region.

Commenting on the signing ceremony Jamil Sultan Al Eissa, Chairman, NREC, said, "We foresee tremendous growth prospects in the emirate and with the opportunity to develop a shopping destination with world class renowned brands all under one roof, we required top grade consulting and assistance. The mall has already received an overwhelming interest from major retail groups of the region. AMS has an edge over the others that is clearly evident with their vast experience and quality products delivered over time. We strongly believe that together we will be able to deliver a unique and outstanding mall where the customers will have a rejuvenating shopping experience".

AMS provides consultancy, leasing and management services for various projects in the region. AMS and its regional affiliates in the GCC-Levant region - AMS-Dubai, Gulf Management & Services in Bahrain, Beirut Real Estate Management & Services s.a.l. in Lebanon and Amman Real Estate & Management Services in Jordan manage 17 projects, covering a combined Gross Leasable and / or Sellable Area (GLA / GSA) of over 5 million square metres.

Among AMS' clients are leading property owners and developers in the region including Dubai Properties, Abu Dhabi Trade Centre, Manazel Real Estate, Bani Yas Investment and Development Company, Jumeirah Beach Residence, Sultan Al Dhaheri Group, Solidere, Abdali Investment & Development PSC and Gulf Holding Company.
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Old May 13th, 2008, 08:40 PM   #2
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I am assuming it is the one in the bottom of the scale model shown in Picture 7 in today's "The National".

http://www.thenational.ae/apps/pbcs....nr=7&nocache=1
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Old October 26th, 2008, 07:43 PM   #3
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Does anyone know the location of this?
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Old October 27th, 2008, 02:43 AM   #4
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is this bigger or smaller than abu dhabi marina
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Old October 27th, 2008, 07:50 AM   #5
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Quote:
Originally Posted by Smokeey View Post
Does anyone know the location of this?
Its in Najmat, behind 4 Carina Views.
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Old October 27th, 2008, 04:09 PM   #6
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Thanks Whizkid01. I heard that there is a mall proposed for the northen part of Shams (near Al Odaid beach residences) - anyone heard anything about that?
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Old April 4th, 2009, 06:25 PM   #7
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I hope there will be a cinema!! It seems funny but that’s the truth since the previous two malls (AL Wahda & Khalidya) didn’t have it. Abu Dhabi really lacks good quality Movie Theater were people go chill and have a good time during their spare times.
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Old July 10th, 2009, 08:39 PM   #8
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http://www.keoic.com/projects/master...581-Design.pdf
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Old August 12th, 2009, 04:39 PM   #9
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AL REEM MALL
Abu Dhabi, UAE

Al Reem Mall will include an amazing total of 360,000 m2 and will have parking for 9,000 vehicles. National Real Estate Company intends to develop Al Reem Mall in
plot (1) in zone (A) at Najmat Abu Dhabi. Najmat Abu Dhabi is a high quality, high density residential and mixed use development located in the South-West of Al Reem
Island. Zone (A) consists of 5 plots. The Mall will cater for the mid to the up market segment and become an iconic feature not only for Reem Island but also for the
whole of Abu Dhabi. In the line with today’s retail developments, the project should be a place to shop, play, dine, work and live. It is envisaged that the mall will
be anchored by reputed stores including the Sultan Hypermarket, and other internationally known department stores. The Mall aims to become a new shopping
destination for residents and tourists. The mall will house a produce market, food outlets, edutainment, a chocolate museum, interactive exhibits, activity zones,
multimedia and discovery zones.

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Old August 14th, 2009, 01:13 AM   #10
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here are some additional renders:








I really like the glass roof and open spaces in the mall's design, which will provide natural sun lighting in daytime. makes it really plesent to shop or walk in the during the day, similar to phase 1 of Marina Mall.

more renders of the Hotel and Carina Views towers can be found in the developers website. Link
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Old August 14th, 2009, 05:09 AM   #11
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hey Adam its looks totally like that big ass building in Arzanah from up. This is awesome!! freaking star wars (pls render)
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Old August 14th, 2009, 05:12 AM   #12
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Quote:
Originally Posted by UAE'er View Post
here are some additional renders:


I really like the glass roof and open spaces in the mall's design, which will provide natural sun lighting in daytime. makes it really plesent to shop or walk in the during the day, similar to phase 1 of Marina Mall.
yeah man, this is reason why Dubai needs to be on a leesh and start building the real sophisticated stuff in ad. Abu Dhabi will become different world inshlla
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Old April 18th, 2010, 05:53 PM   #13
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Old September 23rd, 2010, 09:49 AM   #14
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Old October 19th, 2010, 10:15 AM   #15
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Hi, any update on current status of the the mall, expected date of opening? consrution complteted?

Thanks
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Old October 19th, 2010, 10:18 AM   #16
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Hi, do you have an update for the reem island mall, expected date of opening, completed constrution?

Thank you

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Old October 19th, 2010, 10:19 AM   #17
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who is leasing the mall
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Old October 20th, 2010, 08:30 PM   #18
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National Real Estate Company - Kuwait based company is developing the mall - some enabling works on site but construction has not started
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Old October 21st, 2010, 12:00 PM   #19
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does anyone know where on reem island the mall is located?
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Old October 24th, 2010, 07:16 AM   #20
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Quote:
Originally Posted by DublinInvest View Post
does anyone know where on reem island the mall is located?
have a look at the Reem Island map sticky. The Mall is the big orange chunk near the bridge.

http://www.skyscrapercity.com/showthread.php?t=911460
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