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UAE’s National Bonds to launch Reem Tower tender in Q2

UAE’s National Bonds to launch Reem Tower tender in Q2
Reem tower to be completed within 24 months with a total AED 750 million in investment

Dubai – Mubasher: Dubai-based National Bonds is planning to launch the Reem Tower project tender in Reem Island, Abu Dhabi in the second quarter of 2018.

The Emirati investment company's CEO Mohammed Qasim Al Ali projected the tower to be completed within 24 months with a total AED 750 million in investment, according to Al-Ittihad newspaper.

The 40-storey tower will have 330 deluxe apartments, Al Ali highlighted, adding that the company provides sale and lease options, as well as converting to hotel apartment.

Earlier this month, National Bonds unveiled that its real estate unit had delivered 95 villas of Casa Familia project, as part of phase II of Green Community complex in Motor city, Dubai.