Eagle Hills Properties
Real estate investment company
From Wikipedia, the free encyclopedia
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.
| |
Company type | Private |
|---|---|
| Industry | Real estate |
| Founded | 2014 |
Area served | Middle East, Europe, Africa |
Key people | Mohamed Alabbar |
| Website | www |
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.[1]
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 2023, the company unveiled Ramhan Island in Abu Dhabi, a large-scale residential and hospitality development on a natural offshore island.[4] It also announced the Bvlgari Resort & Mansions, Abu Dhabi, a beachfront hospitality project developed in partnership with Bvlgari Hotels & Resorts.[5]
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.[6][7] Council representatives stated that it favoured "luxury for a few, rather than affordable housing and a lot of green space for many".[8]
Other projects
United Arab Emirates
Eagle Hills' developments in the UAE include Ramhan Island and the Bvlgari Resort & Mansions in Abu Dhabi, Maryam Island in Sharjah,[9] and Fujairah Beach Residence.[10] Other projects in the UAE include Ramhan Island, a waterfront development in Abu Dhabi which is built on a natural island. This Eagle Hills project includes residential units, a marina, hospitality spaces, and retail areas.[11]
Arabian peninsula
In October 2019, Eagle Hills began construction on a joint-development in Oman's capital which was branded as 'Mandarin Oriental, Muscat'.[12] This development opened in 2024.[13]
In Bahrain, Marassi Al Bahrain is an urban waterfront development that includes residential units, retail spaces, hotels, and leisure amenities.[14]
Central and Eastern Europe
As of 2022, the company was reportedly developing a marina-based mixed-use project in Durrës, Albania.[15] Eagle Hills has also proposed a number of urban redevelopment projects in Croatia.[16]
The Riga Waterfront project is a riverfront development, in central Riga in Latvia, combining residential, retail, and public spaces.[17]
In Serbia, the Belgrade Waterfront project is a large urban development along the Sava River, with residential buildings and public infrastructure.[18] The project sparked some controversy as the entire project was reputedly planned in secret, with no public participation,[19] which was later followed by protests in the capital city.[20] Construction work began on the first residential building in October 2015.[21] A further proposed project in Serbia, involving the construction of a "Trump-branded tower" in Belgrade by Jared Kushner's Affinity Partners firm,[22][23] resulted in several protests locally in mid-2025.[24][25][26] The project, known as Trump Tower Belgrade, was fast-tracked through the passing of a "special law" in November 2025.[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]