Eagle Hills

Eagle Hills was set up in 2014 and is based in Abu Dhabi. It is privately held and chaired by Mohamed Alabbar, who founded Emaar; the two companies are separate, although Eagle Hills uses Emaar's Address and Palace hotel brands in several projects. It publishes no financial statements.

Most of its work is outside the UAE. Its model is the large waterfront or city-centre master plan in an emerging market, usually agreed directly with the host government: Belgrade Waterfront in Serbia is the best-known example, and its website lists projects in 17 countries, from Bahrain, Jordan and Morocco to Ethiopia, Georgia and Albania. The deal flow in 2026 has been heavy. In September it signed an agreement for a waterfront and marina development in the Maldives, and on 5 October 2026 a framework agreement with the Syrian government for a residential project in Damascus and a tourism project in Latakia.

In the UAE it avoids Dubai and works in the other emirates. In Abu Dhabi it is developing Ramhan Island, a 400-hectare island of waterfront villas with a marina, and a Bvlgari Resort and Mansions on a private island that is scheduled to open in 2030. In Sharjah its projects are Maryam Island, a mixed residential and hotel district created with the Sharjah investment authority Shurooq and announced in 2018, and the Kalba Waterfront mall. In Fujairah it has the Address and Palace beach resorts and Address Residences Fujairah.

Its website does not state completion status or handover dates for its UAE residential projects, and we have not found a published payment plan, so both need to be confirmed for the specific building. The wider record includes setbacks abroad: a planned purchase of a large Budapest site in 2025 did not proceed after the city exercised a pre-emption right, and Belgrade Waterfront has drawn sustained local protest over how it was approved.