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| website = {{URL|https://www.eaglehills.com}}
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'''Eagle Hills''' is a private real estate investment and development company based in [[Abu Dhabi]], [[United Arab Emirates]].<ref>{{cite web |url=https://gulfnews.com/business/property/eagle-hills-signs-dh300m-financing-facility-1.2078455 |title=Eagle Hills signs Dh300m financing facility |website=gulfnews.com |publisher=[[Gulf News]] |date=22 August 2017 }}</ref><ref>{{cite web |url=https://www.forbesmiddleeast.com/en/eagle-hills-shurooq-jv-launch-735-million-property-projects-in-sharjah/ |title=Eagle Hills, Shurooq JV Launch $735 Million Property Projects In Sharjah |website=forbesmiddleeast.com |publisher=[[Forbes]] Middle East, Business }}</ref> The company is headed by [[Mohamed Alabbar]], founder and managing director of [[Emaar Properties]].
'''Eagle Hills''' is a private real estate investment and development company based in [[Abu Dhabi]], [[United Arab Emirates]].<ref>{{cite web |url=https://gulfnews.com/business/property/eagle-hills-signs-dh300m-financing-facility-1.2078455 |title=Eagle Hills signs Dh300m financing facility |website=gulfnews.com |publisher=[[Gulf News]] |date=22 August 2017 }}</ref><ref>{{cite web |url=https://www.forbesmiddleeast.com/en/eagle-hills-shurooq-jv-launch-735-million-property-projects-in-sharjah/ |title=Eagle Hills, Shurooq JV Launch $735 Million Property Projects In Sharjah |website=forbesmiddleeast.com |publisher=[[Forbes]] Middle East, Business }}</ref> 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.<ref>{{Cite journal |last=Emaar Properties PJSC |date=2024-03-14 |title=Consolidated Financial Statement for the year 2023 |url=https://feeds.dfm.ae/documents/2024/Mar/15/93e7ffb5-5df5-4b5c-92be-aad9fdd52529/Emaar%20Properties%20PJSC%20-%20FS%202023%20-%20English.pdf |journal=DFM}}</ref>


== History ==
== History ==

Revision as of 05:44, 15 May 2024

Eagle Hills Properties
Company typePrivate
IndustryReal estate
Founded2014; 10 years ago (2014)
Area served
Middle east, Europe, Africa
Key people
Mohamed Alabbar
Websitewww.eaglehills.com

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]

History

Eagle Hills was established in 2014 in United Arab Emirates.

In April 2016, Eagle Hills unveiled The Address Fujairah Resort + Spa.[4] In 2016, Eagle Hills partnered with local developer Diyar Al Muharraq to form Eagle Hills Diyar.[citation needed]

In January 2018, Sultan bin Muhammad Al-Qasimi, Supreme Council Member and Ruler of Sharjah, unveiled three new projects in Sharjah[5] — 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).[6] 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 Addis Ababa, in the setting of La Gare (‘The Station’ in French) train station.[7]

In March 2019, Eagle Hills Properties was short-listed to lead the project City within the City in Zagreb, Croatia,[8] and completed the first phase of residential developments within the Maryam Island with the sales launch of the residential units of Indigo Beach Residence.[9]

The company is chaired by Mohamed Alabbar.[10]

Selected projects

Morocco

In June 2016, Eagle Hills began construction at Fairmont La Marina.[11][needs update] In 2017, Eagle Hills announced a mixed-use development of 12 buildings in the Dar Es Salam district.[needs update][citation needed]

Oman

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] It was set to open in 2021.[needs update]

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,[13] a new city hub along the Sava River. Construction work began on the first residential building in October 2015.[14][needs update]

References

  1. ^ "Eagle Hills signs Dh300m financing facility". gulfnews.com. Gulf News. 22 August 2017.
  2. ^ "Eagle Hills, Shurooq JV Launch $735 Million Property Projects In Sharjah". forbesmiddleeast.com. Forbes Middle East, Business.
  3. ^ Emaar Properties PJSC (2024-03-14). "Consolidated Financial Statement for the year 2023" (PDF). DFM.
  4. ^ "Eagle Hills Awards Works Contract for Address Fujairah Resort to J&P", Gulf Business, 15/11/2017
  5. ^ "Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah", The National, 16/01/2018
  6. ^ "Shurooq, Eagle Hills unveil plans for Dh2.7bn trio of real estate projects in Sharjah". The National. 17 January 2018. Retrieved 2019-05-18.
  7. ^ "Eagle Hills expands to Ethiopia", Khaleej Times, 19/11/2018
  8. ^ "UAE Company Eagle Hills Selected for Zagreb Development Project". www.total-croatia-news.com. Archived from the original on 2019-05-18. Retrieved 2019-05-18.
  9. ^ Staff Report. "Eagle Hills Sharjah announces sales launch of Indigo Beach Residence". Khaleej Times. Retrieved 2019-05-18.
  10. ^ "4220.SA Company Profile & Executives - Emaar The Economic City - Wall Street Journal". wsj.com. The_Wall_Street_Journal. June 2022.
  11. ^ "Fairmont Expands Into North Africa With Luxury Hotel Development in La Marina Morocco", Fairmont, 30/11/2015
  12. ^ "Mandarin Oriental Hotel Group Website", Mandarin Oriental Hotel Group, 25/3/2019
  13. ^ "Belgrade Waterfront opens the floodgates for development", Gulf News Property, 7/11/2018
  14. ^ Paromita Dey, "Eagle Hills' Serbia project begins construction", Construction Week Online, 5/10/2015
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