Al Farwaniya Property Developments has laid the foundation stone for Reem Mall, the biggest retail, leisure and entertainment destination in Abu Dhabi, being built at a cost of $1.2-billion on Reem Island.

Al Farwaniya Property Developments is a joint venture between Agility, Agility-affiliate United Projects for Aviation Services Company (UPAC), and National Real Estate Company (NREC).

The project is located in the Najmat District on Reem Island, the residential and commercial master-development by Reem Developers. Reem Island is planned to have a population of 200,000 on completion.

Reem Mall will boast 450 local and international brands, hypermarkets and department stores, along with a range of entertainment and leisure options such as Snow park Abu Dhabi, a destination snow park attraction, multiplex cinemas as well as 85 dining options.

Work on the mall was launched in late 2017 with the awarding of a Dh2.3 billion contract to Itinera Ghantoot, a UAE-Italy joint venture.

The project, which is anticipated to be completed by late 2020, is going through a single-phase delivery and has been aligned with the master-planned development of Reem Island, which in itself has been building momentum over the years as a major residential and business centre.