Eagle Hills

## Eagle Hills | Attribute | Detail | |---|---| | **Type** | International Real Estate Developer | | **Founded** | 2014 | | **Headquarters** | Abu Dhabi, UAE | | **CEO** | Mohamed Alabbar (Founder) | | **Markets** | UAE, Jordan, Morocco, Serbia, Bahrain, Maldives, Ethiopia, Bosnia | | **Signature Projects** | Eagle Hills Diyar (Bahrain), Eagle Hills Samal (Philippines), Belgrade Waterfront | | **Asset Classes** | Ultra-luxury, premium residential, mixed-use, hospitality | | **Parent Relationships** | Emaar Properties (founder cross-pollination) | --- ### TL;DR Snapshot Eagle Hills is an Abu Dhabi-based international luxury developer founded by Mohamed Alabbar — the visionary behind Emaar's Burj Khalifa and Downtown Dubai. Eagle Hills applies the same landmark-city-within-a-city formula across frontier and emerging markets globally, from Belgrade to Bahrain, Rabat to the Maldives. For investors, Eagle Hills projects offer early-mover advantages in high-growth markets with proven delivery pedigree. --- ### Mohamed Alabbar: The Visionary Behind the Brand Eagle Hills carries the credibility of its founder, Mohamed Alabbar — one of the most consequential real estate entrepreneurs in modern history. As the driving force behind Emaar Properties, Alabbar delivered: - **Burj Khalifa** — the world's tallest building (828 m) - **Downtown Dubai** — the world's most visited urban district - **Dubai Mall** — the world's most visited shopping mall - **Emaar Beachfront**, **Dubai Creek Harbour** — landmark master communities With Eagle Hills, Alabbar applied the same playbook to under-served markets: identify high-potential cities lacking luxury mixed-use infrastructure, partner with government or sovereign wealth entities, and deliver a transformational landmark district. --- ### The Eagle Hills Model: City-Transforming Mega-Projects Eagle Hills does not build individual buildings — it builds **city-transforming districts**. Each project follows a proven formula: 1. **Waterfront or landmark site** — typically the most strategically significant urban land parcel available 2. **Government partnership** — sovereign or quasi-sovereign landowner provides the site; Eagle Hills delivers 3. **Mixed-use programming** — residential + hospitality + retail + cultural + civic functions 4. **Luxury positioning** — five-star hotels, branded residences, premium retail anchors 5. **Infrastructure catalyst** — projects unlock surrounding area value **Global portfolio:** | Project | Market | Scale | Key Feature | |---|---|---|---| | **Belgrade Waterfront** | Serbia | 3.5M sq m | Transformation of Belgrade's Sava riverfront | | **Eagle Hills Diyar** | Bahrain | AED 2+ Bn | Luxury island community | | **Rabat Hills** | Morocco | Major urban | Capital city landmark district | | **Eagle Hills Samal** | Philippines | Island resort | Luxury island resort development | | **Addis Center** | Ethiopia | 270,000 sq m | Africa's largest mixed-use project | | **Eagle Hills Jordan** | Jordan | Multiple | Luxury residential communities | | **Eagle Hills Maldives** | Maldives | Resort | Luxury island resort | | **Bahrain Marina** | Bahrain | Waterfront | Premium marina district | --- ### Belgrade Waterfront: The Flagship Transformation Belgrade Waterfront is Eagle Hills' most prominent global project — a JV with the Serbian government to transform 3.5 km of Belgrade's Sava river embankment into a world-class mixed-use district. **Belgrade Waterfront highlights:** | Feature | Detail | |---|---| | **Total area** | 3.5 million sq m | | **Investment** | USD 3.5 billion | | **Residential units** | 8,000+ apartments | | **Hotel beds** | 2,000+ across five-star properties | | **Retail** | 220,000 sq m shopping centre (BW Galerija) | | **Belgrade Tower** | 168 m; tallest building in Serbia | | **Completion** | Phased 2020–2030 | Belgrade Waterfront is considered one of the largest urban regeneration projects in Southeast Europe, adding premium property values to a capital city market that was significantly underpriced vs. comparable European markets. --- ### UAE Projects: Eagle Hills in Home Territory While Eagle Hills is primarily an international operator, its UAE projects benefit from the developer's Abu Dhabi base and Mohamed Alabbar's established relationships with UAE government entities: - **Eagle Hills Abu Dhabi** — Premium residential and hospitality projects in the capital - **Reem Hills** — Exclusive villa and townhouse community on Reem Island, Abu Dhabi - **Nareel Island** — Ultra-luxury private island villas; Abu Dhabi; among UAE's most exclusive addresses **Reem Hills (Abu Dhabi) highlights:** | Feature | Detail | |---|---| | **Location** | Reem Island, Abu Dhabi | | **Unit types** | Villas, townhouses, twin villas | | **Community** | Gated; surrounded by natural green hills | | **Lifestyle** | Indoor ski slope, beach club, sports facilities | | **Price range** | AED 4 M – 25 M | | **Tenure** | Freehold; Abu Dhabi foreign ownership eligible | --- ### Investment Case: Eagle Hills Assets **Structural advantages for Eagle Hills investors:** 1. **Alabbar pedigree** — Founder's track record at Emaar provides evidence of delivery at scale; Downtown Dubai was delivered as promised; Belgrade Waterfront is mid-execution on schedule 2. **Government partnerships** — Projects backed by sovereign government partners reduce counterparty risk vs. purely private developers 3. **First-mover positioning** — Eagle Hills enters markets before luxury property norms are established; buyers capture the market-creation premium 4. **Tourism-residential hybrid** — Hotel and hospitality components within mixed-use projects boost short-stay rental income for apartment investors 5. **Currency diversification** — International portfolio (EUR, USD, BHD, JOD denominated projects) appeals to diversification-focused investors **UAE-specific investment metrics:** | Product | Price Range | Gross Yield | Notes | |---|---|---|---| | Reem Hills villa | AED 5–25 M | 4.0–5.5% | Rare Abu Dhabi villa community | | Nareel Island villa | AED 15–60 M | 3.0–4.5% | Ultra-luxury; constrained supply | | Eagle Hills Abu Dhabi apt | AED 1.5–4 M | 5.5–7.5% | Investment entry point | --- ### International Diversification: The Eagle Hills Advantage For UAE-based investors seeking portfolio diversification, Eagle Hills offers a unique proposition: the same developer quality, governance standards and brand equity extended to markets where property is significantly more affordable than Dubai. **Price arbitrage examples:** | Market | Eagle Hills price/sq m | Dubai equivalent price/sq m | |---|---|---| | Belgrade | EUR 2,000–4,500 | AED 15,000–30,000 (~EUR 3,700–7,400) | | Rabat | MAD 8,000–15,000 | ~40–60% lower than Dubai | | Bahrain | BHD 150–350/sq ft | ~30–50% lower than Dubai waterfront | Belgrade, in particular, has delivered strong capital appreciation since Eagle Hills' entry: residential prices in Savamala (the BW district area) have risen 60–90% since 2017. --- ### Location & Connectivity: Abu Dhabi Base Eagle Hills' Abu Dhabi headquarters positions the developer at the heart of UAE capital markets and government procurement: | Destination | Drive from Abu Dhabi | Air time | |---|---|---| | Abu Dhabi International Airport | 20 min | — | | Dubai | 75 min | — | | Reem Island (Reem Hills) | 10 min from AD centre | — | | Yas Island | 25 min | — | | Al Ain | 90 min | — | --- ### Sustainability & ESG Eagle Hills integrates ESG principles across its international portfolio: - **Belgrade Waterfront**: LEED-certified buildings; riverfront ecological remediation; cycling infrastructure - **UAE projects**: Estidama (Abu Dhabi's sustainability framework) Pearl Rating targeted - **Social impact**: Local employment creation in frontier markets (Ethiopia, Jordan) — Addis Center targets 10,000+ direct jobs - **Community programming**: Each development includes cultural, educational and community facilities --- ### FAQ: Eagle Hills **Q: Is Eagle Hills the same as Emaar?** No — Eagle Hills is a separate company founded in 2014 by Mohamed Alabbar, who was also the chairman/CEO of Emaar. The two companies are independent; both operate in real estate development but with distinct ownership and focus (Emaar: primarily UAE; Eagle Hills: primarily international markets). **Q: Can I buy Eagle Hills properties as a foreign investor?** Yes, in most markets. UAE projects (Abu Dhabi freehold zones) allow 100% foreign ownership. International projects (Belgrade, Bahrain, Morocco) have their own foreign ownership regulations — confirm market-specific rules before purchase. **Q: Are Eagle Hills projects delivered on time?** Belgrade Waterfront is delivering in phases on the announced schedule since 2016. UAE projects have followed standard market timelines. Eagle Hills maintains transparent progress reporting across its portfolio. **Q: What is Eagle Hills' strongest current investment proposition?** For UAE investors: Reem Hills and Nareel Island offer Abu Dhabi prime freehold entry. For international diversification: Belgrade Waterfront Phase 2 offers premium European property at lower AED-equivalent pricing than comparable Dubai assets. **Q: Does Eagle Hills offer payment plans?** Yes — Eagle Hills off-plan projects typically offer phased construction-linked payment plans (20/80, 40/60 or custom structures). Confirm current project terms with the sales team. --- *Eagle Hills carries one of real estate development's most powerful origin stories — and continues to translate that Emaar-era ambition into a growing global portfolio of landmark districts. From Belgrade's riverfront to Abu Dhabi's villa islands, Eagle Hills delivers city-transforming scale with a quality commitment that few emerging-market developers can match.*