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.
 | |
| Type | Private |
|---|---|
| Industry | Real estate |
| Founded | 2014 |
Area served | Middle East, Europe, Africa |
Key people | Mohamed Alabbar |
| Website | www |
History
editEagle 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
editUnited Arab Emirates
editEagle 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
editIn 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
editAs 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
editReferences
edit- ↑ "Mohamed Alabbar's company, Eagle Hills, unveils a $4 billion real estate development in Bahrain". myoffplaninvestment.com. 2024-02-23. Retrieved 2025-09-08.[better source needed]
- ↑ 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.
- ↑ "Local firm wins Ramhan Island villas construction". MEED. 2024-11-12. Archived from the original on 2025-07-25. 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.
- ↑ 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.
- ↑ "Construction begins at Oman's The Mandarin Oriental, Muscat". hoteliermiddleeast.com. 22 October 2019. Retrieved 8 November 2025.
- ↑ "Eagle Hills enters into agreement to acquire Mandarin Oriental, Munich". zawya.com (Press release). Retrieved 2025-09-08.
- ↑ "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.
- ↑ Kasnyik, Marton (6 February 2025). "Budapest Torpedoes 'Mini-Dubai' Land Deal in Blow to Orban". Bloomberg. Retrieved 8 August 2025.
- ↑ "Serbia fast-tracks army HQ demolition for Trump family hotel". france24.com. 7 November 2025. Retrieved 8 November 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.