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Plus Properties in $108mn Reem Island deal

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 05 August 2008
ISLAND TOWER: Plus Properties and Taahud General Contracting are set to build a tower on Abu Dhabi’s Reem Island. (Supplied)
ISLAND TOWER: Plus Properties and Taahud General Contracting are set to build a tower on Abu Dhabi’s Reem Island. (Supplied)

Dubai real estate developer Plus Properties has signed an $108 million deal with Taahud General Contracting to build a waterfront tower on Abu Dhabi’s Reem Island.

Enabling work on the SkyGardens project has started, and construction by the Abu Dhabi-based Taahud will begin “shortly”, Plus Properties said in a statement on Tuesday.

The developer did not disclose the height of the tower, or the project’s completion date.

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The residential project will comprise deluxe and garden apartments, and sky garden duplex villas.

The duplex villas will feature private swimming pools and suspended gardens, Plus Properties said.

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