Eagle Hills Properties

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Official logo

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 chairman of Emaar Properties.

History[]

Eagle Hills was established in 2014.

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. As part of the Marassi Al Bahrain development, Eagle Hills Diyar launched Marassi Shores Residences in January 2016, Marassi Galleria in May 2016, Marassi Boulevard in January 2017, and Marassi Beach in March 2017. In April 2017, Eagle Hills announced the launch of a new mixed-use development in Fujairah city called Fujairah Beach.

In January 2018, His Highness Sheikh Dr. Sultan bin Mohammed 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 strategic 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 the heart of 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]

Company[]

Eagle Hills Properties develops large-scale master-planned communities and mixed-use facilities in across Europe, the Middle East and North Africa spanning countries such as Bahrain, Jordan, Morocco, Serbia and the UAE.^{[tone][citation needed]}

The company is chaired by Mohamed Alabbar. Low Ping serves as Chief Executive Officer.

Projects[]

Jordan[]

In March 2016, Eagle Hills Jordan launched sales at Saraya Aqaba, a residential project of 850 residential units.^{[citation needed]} In May 2016 Eagle Hills launched an on-site sales centre in Aqaba for Al Raha Village, a private residential neighbourhood of 400 residential units. Eagle Hills Jordan handed over phase one of this project in March 2017.^{[citation needed]} Also in 2016, Eagle Hills Jordan signed a Memorandum of Understanding (MoU) the King Hussein Cancer Foundation (KHCF) 'Dreams Come True' programme.^{[citation needed]}

Eagle Hills revealed its fourth project in Jordan in October 2017, a development which includes a hotel and apartments.^{[citation needed]} Also in 2017, Eagle Hills Jordan relocated its main offices to Amman's new central business district of Abdali.^{[citation needed]}

Morocco[]

In June 2016, Eagle Hills began construction at Fairmont La Marina^[9] Rabat-Salé Hotel and Residences, which is part of the La Marina Morocco master development.^{[citation needed][needs update]}

In 2017, Eagle Hills announced a mixed-use development of 12 buildings with 104 residential units in the Dar Es Salam district. The first construction phase began in 2017 and was due for completion at the end of 2019.^{[needs update][citation needed]}

Eagle Hills completed construction work on the first phase of The Arts & Crafts District within the La Marina Morocco master development in May 2017. The development featured 220 one to five-bedroom apartments.^{[citation needed]} In March 2017, a Moroccan construction company was appointed to complete the second phase of the project.^{[citation needed]}

Oman[]

In May 2018, Eagle Hills announced its entry into Oman with the launch of Mandarin Oriental, Muscat. 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.^[10] Mandarin Oriental, Muscat, which is set to open in 2021,^{[speculation?]} is proposed to include 150 guestrooms and suites, several restaurants and bars, a spa and outdoor swimming pool.^{[citation needed]}

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,^[11] a new city hub along the Sava River. Construction work began on Belgrade Waterfront Residences, the first residential building with the development, in October 2015.^{[citation needed]}

April 2016 marked the official ground-breaking ceremony for Kula Belgrade,^[12] the building of the Belgrade Waterfront project. It will^{[speculation?]} combine residential, commercial, hospitality, entertainment and retail elements.^{[citation needed]} In the same month, Starwood Hotels & Resorts Worldwide Inc announced The St. Regis Belgrade and The Residences at The St. Regis Belgrade. Owned by Belgrade Waterfront LLC, the 125-room hotel will^{[speculation?]} also feature 220 St. Regis branded residences in Kula Belgrade. The project is due for completion in 2020.^{[citation needed][needs update]}

References[]

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^{[13][14] [15][16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44]}

External links[]

• Eagle Hills Website