Eagle Hills Properties
TypePrivate
IndustryReal estate
Founded2014 (2014)
Area served
Middle east, Europe, Africa
Key people
Mohamed Alabbar
Websitewww.eaglehills.com

Eagle Hills is a private real estate investment and development company based in Abu Dhabi, United Arab Emirates.[1][2] The company is headed by Mohamed Alabbar, founder and managing director of Emaar Properties.

History

Eagle Hills was established in 2014 in United Arab Emirates.

In April 2016, Eagle Hills unveiled The Address Fujairah Resort + Spa.[3] In 2016, Eagle Hills partnered with local developer Diyar Al Muharraq to form Eagle Hills Diyar.

In January 2018, Sultan bin Muhammad Al-Qasimi, Supreme Council Member and Ruler of Sharjah, unveiled three new projects in Sharjah[4] — Maryam Island, Kalba Waterfront and Palace Al Khan. The projects have a combined value of AED 2.7 billion through a partnership between Eagle Hills and the Sharjah Investment & Development Authority (Shurooq).[5] In November 2018, Eagle Hills launched La Gare, a new community (4,000 residences set in an area of over 360,000 sqm) located in Addis Ababa, in the setting of La Gare (‘The Station’ in French) train station.[6]

In March 2019, Eagle Hills Properties was short-listed to lead the project City within the City in Zagreb, Croatia,[7] and completed the first phase of residential developments within the Maryam Island with the sales launch of the residential units of Indigo Beach Residence.[8]

The company is chaired by Mohamed Alabbar.[9]

Selected projects

Morocco

In June 2016, Eagle Hills began construction at Fairmont La Marina.[10] In 2017, Eagle Hills announced a mixed-use development of 12 buildings in the Dar Es Salam district.

Oman

In May 2018, Eagle Hills announced the launch of Mandarin Oriental, Muscat in Oman. The property was due to be developed by Eagle Hills Muscat, a partnership between Eagle Hills Abu Dhabi and Izz International, and managed by Mandarin Oriental Hotel Group.[11] It was set to open in 2021.

Serbia

In April 2015, Eagle Hills signed a joint venture agreement with representatives from the government of the Republic of Serbia for the Belgrade Waterfront,[12] a new city hub along the Sava River. Construction work began on the first residential building in October 2015.[13]

References

  1. ↑ "Eagle Hills signs Dh300m financing facility". gulfnews.com. Gulf News. 22 August 2017.
  2. ↑ "Eagle Hills, Shurooq JV Launch $735 Million Property Projects In Sharjah". forbesmiddleeast.com. Forbes Middle East, Business.
  3. ↑ "Eagle Hills Awards Works Contract for Address Fujairah Resort to J&P", Gulf Business, 15/11/2017
  4. ↑ "Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah", The National, 16/01/2018
  5. ↑ "Shurooq, Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah". The National. Retrieved 2019-05-18.
  6. ↑ "Eagle Hills expands to Ethiopia", Khaleej Times, 19/11/2018
  7. ↑ "UAE Company Eagle Hills Selected for Zagreb Development Project". www.total-croatia-news.com. Retrieved 2019-05-18.
  8. ↑ Staff Report. "Eagle Hills Sharjah announces sales launch of Indigo Beach Residence". Khaleej Times. Retrieved 2019-05-18.
  9. ↑ "4220.SA Company Profile & Executives - Emaar The Economic City - Wall Street Journal". wsj.com. The_Wall_Street_Journal. June 2022.
  10. ↑ "Fairmont Expands Into North Africa With Luxury Hotel Development in La Marina Morocco", Fairmont, 30/11/2015
  11. ↑ "Mandarin Oriental Hotel Group Website", Mandarin Oriental Hotel Group, 25/3/2019
  12. ↑ "Belgrade Waterfront opens the floodgates for development", Gulf News Property, 7/11/2018
  13. ↑ Paromita Dey, "Eagle Hills' Serbia project begins construction", Construction Week Online, 5/10/2015
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