Waterfront JV in Al Reem Island | JV Plot In Al Reem Island

707 Real Estate presents an exclusive waterfront JV opportunity in Al Reem Island, Abu Dhabi, comprising three development plots with a combined approved GFA of approximately 1.93 million sq.ft.

Development Details:

• Total Land Area: 232,987 sq.ft
• Total Approved GFA: 1,829,294 sq.ft
• Number of Development Plots: 3
• Development: Residential + 5-Star Hotel/Resort + Mixed Use
• Residential Capacity: Up to 812 units
• Hospitality Capacity
• Maximum Height: Up to 135 meters

Development Portfolio:

• Residential Tower: 739,447 sq.ft GFA
• 5-Star Waterfront Hotel & Resort: 743,474 sq.ft GFA
• Mixed-Use Residential & Office Tower: 455,938 sq.ft GFA

JV Structure:

• 50/50 Net Profit Sharing
• Offered as a development joint venture
• Further commercial and transaction terms available to qualified developers