Eagle Hills Properties
 | |
| Company type | Private |
|---|---|
| Industry | Real estate |
| Founded | 2014 |
Area served | Middle east, Europe, Africa |
Key people | Mohamed Alabbar |
| Website | www |
Eagle Hills Properties is a real estate investment and development company headquartered in Abu Dhabi, United Arab Emirates. Founded in 2014, the company is involved in developing large-scale, mixed‑use master‑planned communities in the Middle East, North Africa, and Europe.[1]
History
Eagle Hills was established in 2014 in the United Arab Emirates by Mohamed Alabbar, who also serves as chairman. The company was created to develop large-scale real estate projects in emerging markets.
In 2018, Eagle Hills partnered with the Sharjah Investment and Development Authority (Shurooq) to launch three projects in Sharjah, including Maryam Island and Kalba Waterfront.[2] That same year, it announced a redevelopment project in Addis Ababa, Ethiopia, centered around the historic La Gare train station.[3] In 2019, the company was shortlisted for a redevelopment initiative in Zagreb, Croatia.[4]
In 2023, the company unveiled Ramhan Island in Abu Dhabi, a large-scale residential and hospitality development on a natural offshore island.[5] It also announced the Bvlgari Resort & Mansions, Abu Dhabi, a beachfront hospitality project developed in partnership with Bvlgari Hotels & Resorts.[6][7]
In 2025, a proposed Eagle Hills' project was cancelled after Budapest's city council opposed what the city's mayor reportedly described as a "scandalous and shady backdoor deal" to build a $12bn "mini-Dubai" in northeast Budapest.[8][9] Council representatives stated that it favoured "affordable housing and a lot of green space for many, rather than luxury for a few".[10][11]
Other projects
United Arab Emirates
Eagle Hills' developments in the UAE include Ramhan Island and the Bvugari Resort & Mansions in Abu Dhabi, Maryam Island in Sharjah,[12] and Fujairah Beach Residence.[13] These projects combine residential, hospitality, and leisure components.
Ramhan Island is a major waterfront development by Eagle Hills in Abu Dhabi, built on a natural island. This Eagle Hills project includes residential units, a marina, hospitality spaces, and retail areas.[14]
Arabian peninsula
In 2019, Eagle Hills was contracted to jointly develop a branded residential project in Oman's capital Muscat, with Mandarin Oriental, offering "upscale waterfront homes".[15]
In Bahrain, Marassi Al Bahrain is an urban waterfront development that includes residential units, retail spaces, hotels, and leisure amenities.[16]
Central and Eastern Europe
As of 2022, the company was reportedly developing a marina-based mixed-use project in Durrës, Albania.[17] Eagle Hills has also proposed a number of urban redevelopment projects in Croatia.[18]
The Riga Waterfront project is a riverfront development, in central Riga in Latvia, combining residential, retail, and public spaces.[19]
In Serbia, the Belgrade Waterfront project is a large urban development along the Sava River, with residential buildings and public infrastructure.[20] The project sparked some controversy as the entire project was reputedly planned in secret, with no public participation,[21] which was later followed by protests in the capital city.[22] Construction work began on the first residential building in October 2015.[23] A further proposed project in Serbia, involving the construction of a "Trump-branded tower" in Belgrade by Jared Kushner's Affinity Partners firm,[24][25] resulted in several protests locally in mid-2025.[26][27]
Jordan
Developments undertaken by Eagle Hills in Jordan have included St. Regis Residences, Saraya Aqaba, Al Raha Village and The Skyline Residences.[28][29]
References
- ^ "Eagle Hills, Abu Dhabi announces land deal for the $1.5bn Baghdad Golf Course and Spa real estate project in Iraq". arabianbusiness.com. 2024-06-05. Retrieved 2025-08-07.
- ^ Townsend, Sarah. "Shurooq, Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah". The National. Retrieved 2025-08-07.
- ^ "Eagle Hills expands to Ethiopia". Khaleej Times. Retrieved 2025-08-07.
- ^ "UAE Company Eagle Hills Selected for Zagreb Development Project". total-croatia-news.com. Archived from the original on 18 May 2019.
- ^ "Local firm wins Ramhan Island villas construction". MEED. 2024-11-12. Archived from the original on 2025-07-25. Retrieved 2025-08-07.
- ^ "Bvlgari announces 2030 opening of new Resort". www.lvmh.com (Press release). Retrieved 2025-08-07.
- ^ "Eagle Hills will open Bulgari Resort and Mansions in Abu Dhabi in 2030 with architecture by Antonio Citterio Patricia Viel". cladglobal.com. Retrieved 2025-08-07.
- ^ "Hungarian PM arrives in UAE amid controversy surrounding flagship real estate development project". intellinews.com. 29 January 2025. Retrieved 8 August 2025.
- ^ "Budapest pulls plug on Eagle Hills' "mini-Dubai" project". enterprise.news. Enterprise Ventures. 7 February 2025. Retrieved 8 August 2025.
- ^ Rogers, David (29 January 2025). "Budapest and Orban face off over $12bn 'mini-Dubai'". globalconstructionreview.com. Retrieved 8 August 2025.
- ^ Kasnyik, Marton (6 February 2025). "Budapest Torpedoes 'Mini-Dubai' Land Deal in Blow to Orban". Bloomberg. Retrieved 8 August 2025.
- ^ Dadlani, Disha (2020-02-18). "Eagle Hills begins Phase 2 of Maryam Island masterplan - Construction Week Online". constructionweekonline.com. Retrieved 2025-08-07.
- ^ Anderson, Robert (2017-11-15). "Abu Dhabi's Eagle Hills awards main contract for Address Fujairah". gulfbusiness.com. Retrieved 2025-08-07.
- ^ Diaz, One Carlo. "Sneak peek at Ramhan Island, a new luxury development off the Abu Dhabi coast". The National. Retrieved 2025-08-07.
- ^ "L&T Oman bags contract to build Hotel Mandarin Oriental by Eagle Hills". www.aninews.in. Archived from the original on 2019-09-13. Retrieved 2025-08-07.
- ^ "Eagle Hills Diyar secures dual currency financing for Marassi Al Bahrain Development". www.zawya.com (Press release). Retrieved 2025-08-07.
- ^ Vucic, Mina (2022-12-02). "Eagle Hills launches $2.5bn super yachts marina development in Albania - Construction Week Online". constructionweekonline.com. Retrieved 2025-08-07.
- ^ Singh, Marisha (2024-07-01). "Eagle Hills expands footprint in Iraq, Croatia". gulfbusiness.com. Retrieved 2025-08-07.
- ^ ""Riga Waterfront" - The new center of Europe". www.zawya.com (Press release). Retrieved 2025-08-07.
- ^ "UAE real estate developer Eagle Hills announces major expansion to $12.4bn Belgrade Waterfront". arabianbusiness.com. 2025-01-16. Retrieved 2025-08-07.
- ^ Slavković, Ljubica (2015-05-15). "Belgrade Waterfront: An Investor's Vision of National Significance". Failed Architecture. Retrieved 2024-06-04.
- ^ "Controversy surrounds Belgrade Waterfront development". BBC News. 2016-06-21. Retrieved 2024-06-04.
- ^ Paromita, Dey (5 October 2015). "Eagle Hills' Serbia project begins construction". Construction Week Online.
- ^ Lipton, Eric (24 January 2025). "New Luxury Hotel in Serbia Will Be a Trump-Kushner Joint Project". New York Times. Retrieved 8 August 2025.
- ^ "Eagle Hills gets a shot in the arm with ratification of the UAE's planned investments in Montenegro following controversy". enterprise.news. Enterprise Ventures. 24 April 2025. Retrieved 8 August 2025.
- ^ Bajic, Valentina (25 March 2025). "Thousands rally in Belgrade against Trump son-in-law's project". seenews.com. Retrieved 8 August 2025.
- ^ Massa, Annie; Savic, Misha; Dudik, Andrea (9 June 2025). "Trump Tower Belgrade Faces Serbia Backlash Amid Corruption Inquiry". Bloomberg. Retrieved 8 August 2025.
- ^ Mitchell, Bea (2021-02-03). "Eagle Hills Jordan developing first water park in Aqaba". Blooloop. Retrieved 2025-08-07.
- ^ "Eagle Hills Jordan begins handover of phase one residential units at Marsa Zayed's Al Raha Village". zawya.com (Press release). 13 March 2017. Retrieved 8 August 2025.