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About Tamouh Investments
The company started operating in 2005, with its headquarters located in Tamouh Tower, Al Reem Island in Abu Dhabi. The company is a part of the conglomerate Royal Group, which invests in properties worldwide. In 2013 the company purchased a beach in Montenegro for AED 78.5M (USD 21.2M) and in 2014 they announced investments in the construction of a hotel in Chechnya. In March 2021 Tamouh signed 17 intergovernmental and commercial agreements with Kazakhstan for the implementation of joint construction projects in the country. Companies that are a part of the Royal Group, are actively involved in the implementation of the long-term plan for ‘Abu Dhabi 2030’ and the development of Al Reem Island. Due to the fact that 70% of the capital's population lives in rented residential property, they plan to increase the share of affordable units on the island to 20% of the total number of completed projects in the near future. Following the ‘Abu Dhabi 2030’ plan, Tamouh, like many leaders in the construction industry, has invested in 3,000 properties in the project Emirati Housing in Jebel Hafeet.
As a modern and ambitious company, Tamouh combines strong leadership, motivated and professional employees, strategic vision and a commitment to growth for years to come. Currently there are more than 300 employees in the company. The head of Tamouh, Ghanem Mubarak Almansoori, has spent over 27 years working in the investment field and held positions as Assistant General Manager for Operations at the Abu Dhabi Investment Company (ADIC), Managing Director of the National Financial Brokerage Company and Advisor to the CEO of ADIC.
Tamouh also has several subsidiaries for the maximum convenience of investors and buyers. Such companies are engaged in asset management, provision of real estate and community management services, control and coordination of maintenance for the company's facilities, as well as retail management and marketing.
Operating for over 15 years, Tamouh has worked on creating the Marina Square and City of Lights communities, where the flagship project is the development of Al Reem Island. According to the master plan, the island offers its residents a first-class infrastructure, and will be able to accommodate 200,000 people upon completion. As the largest developer on Al Reem Island, Tamouh owns 60% of all projects with a total built-up area of almost 215 million sq ft. It is the company's largest investment so far and an essential part of the growth of the Abu Dhabi real estate market.
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Best Properties by Tamouh Investments
The mixed-use community Marina Square is the first phase of a multi-billion dollar development project on Al Reem Island, which consists of residential, commercial and retail space. In total, the community covers over 3 million sq ft, with a building area of more than 139 million sq ft. Marina Square features 3,440 properties of various types, from studios to apartments with 1-4 bedrooms, townhouses and luxury villas. The starting price for a 1-bedroom apartment is AED 850,000 (USD 231,400).
During the construction of all properties, smart home technology was used, which allows residents to control equipment in their residences with one touch of the panel at the entrance or remotely via a gadget. Residents of Marina Square can benefit from many amenities and services such as gyms, swimming pools, playgrounds and a private beach. Moreover, there is a marina nearby with kindergartens and mosques, as well as security 24/7 for maximum comfort of homeowners.
The seaside complex City of Lights is located in the heart of Al Reem Island, and was founded by Al Reem, Sorouh and Tamouh Investments. The entire complex is designed as a landmark where residents can enjoy the most exclusive amenities while surrounded by mangroves and the coastal city. City of Lights includes retail spaces and parks, 60 towers, out of which 52 buildings are for residential use and 8, for commercial use. The total area of development is 36 million sq ft, which comprises 12,477 properties. End-users and buyers can choose from a range of studios, apartments with 1-2 bedrooms and townhouses with 2, 4 and 5 bedrooms. Residents have full access to swimming pools and a private beach, playgrounds and the marina. One can purchase a 1-bedroom apartment in City of Lights for the starting price of AED 725,000 (USD 179,400).
The latest project within this community by Tamouh is Horizon Towers. The complex was transferred to the management company in 2018 and it is the epitome of elegance with the perfect mix of townhouses and 1-3 bedroom apartments. Its amenities feature retail outlets, restaurants, a swimming pool, sports areas and playgrounds, a gym and a yoga terrace.
It is also worth mentioning one of the most ambitious projects in the world from the developer Tamouh – Reem Downtown. The development offers residential and commercial properties, as well as retail spaces with shops, restaurants and cafés. The master plan of Reem Downtown won Sustainable Urban / Community Design of the Year at MENA Green Building Awards in 2018. It was also shortlisted among nominees of the 2017 Royal Town Planning Institute Awards for Planning Excellence.
Located on the northwestern shore of Al Reem Island, the project of 11 million sq ft is divided into 8 zones with 97 building plots. The infrastructure master plan involves development of light transit, metro and water taxi systems. It is expected that the project will be able to accommodate at least 27,000 residents and includes the construction of 12,300 properties, each of the 8 zones with its own style and functionality. There will be parks in the north, natural mangroves in the east, high-rise towers in the south and traditional mid-rise buildings in the west. All residents and guests will have access to parks, walking and waterfront areas, sports grounds and schools. Additionally, there will be two mosques, a marina, walking and cycling paths as well as a mangrove observation center.
Economic Appeal of Tamouh Investments
In terms of investment attractiveness, the properties by Tamouh Investments in Marina Square show an annual ROI of over 6% for residential properties and about 2% for commercial properties. City of Lights generates the same ROI, at 6% per year for apartments and about 4% for office spaces.
Furthermore, Tamouh actively promotes various initiatives, including the "Green Initiative" which aims to create conditions for the perfect interaction between a human and nature. The master developer has devised innovative solutions for energy efficiency and environmentally-friendly systems for recycling of all materials. In particular, it informs the public about the simple ways to improve the ecological environment and maintain its landscapes and development areas.
In April 2019, on the opening day of Cityscape, Abu Dhabi Tamouh announced its new initiative, Happy Living. It aims to seamlessly combine family-friendly living with effortless business management, as well as increasing the productivity of companies in communities. The first step towards implementation was the renewal of the project Reem Downtown and the introduction of a new unique payment plan for the Horizon Towers complex. Thanks to subsidiaries, Tamouh provides a full range of services not only for construction and implementation of developments, but also for the maintenance of residential and commercial properties.