| Eagle Hills Properties | |
| Type: | Private |
| Industry: | Real estate |
| Area Served: | Middle east, Europe, Africa |
| Key People: | Mohamed Alabbar |
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, while Emaar Properties PJSC owns a 25% stake in the company since 2023.[3]
Eagle Hills was established in 2014 in United Arab Emirates.
In April 2016, Eagle Hills unveiled The Address Fujairah Resort + Spa.[4] In June 2016, Eagle Hills began construction at Fairmont La Marina in Morocco.[5]
In January 2018, Sultan bin Muhammad Al-Qasimi, Supreme Council Member and Ruler of Sharjah, unveiled three new projects in Sharjah[6] — 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).[7] In November 2018, Eagle Hills launched a residential development (of 4,000 residences in an area of approximately 360,000 sqm) in Addis Ababa, in the setting of La Gare (‘the station’ in French) train station.[8]
In March 2019, Eagle Hills Properties was short-listed to lead the project City within the City in Zagreb, Croatia,[9] and completed the first phase of residential developments within the Maryam Island with the sales launch of the residential units of Indigo Beach Residence.[10]
The company is chaired by Mohamed Alabbar.[11]
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.[12]
In April 2015, Eagle Hills signed a joint venture agreement with representatives from the government of the Republic of Serbia for the Belgrade Waterfront.[13] The project sparked major controversy as the entire project was reputedly planned in secret, with no public participation,[14] which was later followed by protests in the capital city.[15] Construction work began on the first residential building in October 2015.[16]