Skip to content

Entity dossier · Company

Eagle Hills

The Abu Dhabi developer that signed a commercial terms agreement with the Government of Maldives on 21 September 2026 for the Maldives Waterfront and Marina project in Ras Malé. What is documented about the company, its partners, its projects abroad and the Maldives deal — and what is not.

Eagle Hills logo
Headquarters
Abu Dhabi, UAE
Founded
January 2014
Founder and chairman
Mohamed Ali Alabbar
Listing
Private · not listed
In the Maldives
500 ha of Ras Malé
Places mapped
20 in 15 countries

Reviewed · Every claim carries an evidence grade and numbered sources Created for the Eagle Hills dossier page (/entities/eagle-hills), which carries the graded, sourced research. Founding month per company materials; day not published.

01Snapshot

What Eagle Hills is

A founder-led private developer from Abu Dhabi, separate from Emaar, building large waterfront districts in partnership with governments.

A private real-estate developer headquartered in Abu Dhabi, founded in January 2014 and chaired by its founder, Mohamed Ali Alabbar. On 21 September 2026 it signed a commercial terms agreement with the Government of Maldives for the Maldives Waterfront and Marina project on 500 ha of Ras Malé.

What it is

A privately held real estate investment and development company building large mixed-use, waterfront and urban-regeneration districts.

Confirmed Copy link

Headquarters

Abu Dhabi, United Arab Emirates.

Confirmed Copy link

Founded

January 2014, when Mohamed Alabbar presented the Belgrade Waterfront plan on its behalf.

Confirmed Copy link

Founder and chairman

Mohamed Ali Alabbar, born 8 November 1956 in Dubai.

Confirmed Copy link

Relationship to Emaar

A separate company. Alabbar founded Emaar Properties in 1997 and is its managing director. Emaar may join the Maldives project; the current agreement is with Eagle Hills alone.

Confirmed Copy link

Listing

Not listed. Alabbar said in September 2026 that an IPO “was not on the table”.

Reported Copy link

Footprint

Varies by source: company press releases list 10 countries; its website lists 16; Semafor says at least 18; Alabbar says close to 30 projects outside the UAE.

Disputed Copy link

Hotels

Between 35 and 45 depending on the source: “more than 35” (Arabian Business), 38 across six countries (company), 45 (Maldives ministry release).

Disputed Copy link

In the Maldives

500ha of Ras Malé

The Maldives Waterfront and Marina project: 500 ha of Ras Malé under a commercial terms agreement signed on 21 September 2026.

Confirmed Copy link

Also known as Eagle Hills Properties LLC · Eagle Hills Properties

Related entities

  • Emaar Properties: Separate company founded by Alabbar (1997); he is managing director. May join the Maldives project.
  • Al Maabar: Abu Dhabi government-directed joint venture (2007), absorbed as an Eagle Hills subsidiary around 2014.
  • Government of Maldives (MIHUD): Counterparty, Maldives Waterfront and Marina, 21 September 2026.
  • Republic of Serbia: 32% partner, Belgrade Waterfront.
  • Shurooq (Sharjah Investment and Development Authority): 50:50 joint venture, Sharjah projects.
  • Diyar Al Muharraq: Partner, Marassi Al Bahrain.
  • COIMA: Partner, Rome and Venice projects.

02The Maldives deal

Maldives Waterfront and Marina

Signed 21 September 2026, Dubai. A commercial terms agreement for 500 ha of Ras Malé; the detailed agreements are still to come.

Signatories

  • Dr Abdulla Muththalib, Minister of Infrastructure, Housing and Urban Development
  • Mohamed Alabbar, Chairman of Eagle Hills

The instrument

A commercial terms agreement setting out a shared vision and the principal commercial terms. Detailed agreements, financing, master planning and the technical, planning and environmental processes are to follow. It is closer to a term sheet than a final contract. The agreement has not been published.

Confirmed

What is it worth? Two figures, attributed

Disputed

Government of Maldives (infrastructure ministry release) · Overall development scale

USD 20 billion
Confirmed

Reuters, Bloomberg, The National · Reported project value

USD 12 billion
Confirmed

Alabbar, to Khaleej Times · “Could reach” this figure

USD 20 billion
Reported

Eagle Hills’ own release leaves the figure blank in the published text. Eagle Hills’ direct equity commitment has not been disclosed.

Ras Malé, about 1,100 ha

~70% reclaimed (25 Sept)

Ras Malé is being reclaimed in the Fushi Dhiggaru lagoon, about 17 minutes by speedboat from Malé. 500 ha of roughly 1,000–1,100 ha are allocated to the project; Bloomberg reported a 5.2 million m² site. His Excellency Dr Mohamed Muizzu, President of the Republic of Maldives, said on 25 September that reclamation is about 70% complete, will finish by the end of the year, and that the remaining ~600 ha stays allocated to public housing.

Confirmed

What is planned

Hotels and resorts (three resorts, according to Finance Minister Hassan Zareer), premium and branded residences, a marina, waterfront promenades, retail, dining, entertainment, wellness, a water park, schools, healthcare and community facilities, across five districts developed in line with demand.

Confirmed

What the state receives, according to the minister

Claimed
  • 10%Revenue share from the master developer, instead of an acquisition price
  • 4%Levy on every property transaction
  • FullTourism GST, with no concessions
  • EscrowAll sale proceeds held in a Maldivian account
  • NoneNo government borrowing or sovereign guarantee
  • > USD 11bnState revenue expected over the development period, maturing in about ten years

As set out by Minister Muththalib. Unclear: the base for the 10% (gross sales, operating income or profit), its duration, and who controls the escrow account.

The lease

Properties are sold as long-term leaseholds under Maldivian law, for up to 99 years. According to Eagle Hills’ release, each transfer — a sale or an inheritance — starts a new lease of up to 99 years. That sentence appears in the company’s version of the release, not in the government’s. The terms of Eagle Hills’ own master lease over the 500 ha have not been disclosed.

Confirmed
How the lease clause works over time. One illustrative home in Ras Malé, first sold in 2030. Calculations by Good Morning Maldives (GMM), based on the clause in Eagle Hills’ release.

2030 First sale

After the first sale in 2030, the fixed lease still ends in 2129; the restarting lease now ends in 2129.

The constitutional limit

Article 251 of the Constitution bars foreign ownership of Maldivian territory and caps leases to foreign parties at 99 years. A 2015 amendment allowing foreign freeholds for projects of USD 1bn or more on land at least 70% reclaimed was repealed unanimously in April 2019.

Confirmed

Preliminary projections by the company and the ministry

Claimed
  • > USD 30bnGross foreign investment over the project’s lifetime
  • ~ USD 18bnNet foreign investment
  • > 1 millionVisitors a year
  • > USD 2bnAnnual tourism revenue
  • > 54,000Direct and indirect jobs

Housing in Hulhumalé

Eagle Hills is to build 5,000 three-bedroom homes in Hulhumalé (not Ras Malé), costed at USD 400–500m, funded upfront by the company and recovered from the government’s 10% revenue share.

Claimed

Residency

Minister Muththalib says property ownership gives no pathway to permanent residency or citizenship, and that the government keeps the power to approve buyers and visas. The Eagle Hills sales site markets the Maldives Corporate Resident Visa (five years, renewable, from USD 250,000).

Confirmed

Environment

No further dredging by Eagle Hills; independent marine monitoring during construction.

Claimed

Co-investors

The project sales site invites qualified investors to co-invest through “The Office of Mr. Mohamed Ali Alabbar”, with stated priority to Maldivian investors.

Confirmed

The reclamation so far

Reclamation was launched on 18 December 2023. The original contract with Sri Lanka’s CMCC was cancelled in May 2024 after 29 ha; the Anti-Corruption Commission opened an investigation in March 2024 on a complaint. The work has since been split among several contractors.

Confirmed

Positions in the Maldives, as reported

Supporting

  • His Excellency Dr Mohamed Muizzu, President of the Republic of Maldives. The project will proceed; a lease is not foreign ownership.
  • Dr Abdulla Muththalib, Minister of Infrastructure, Housing and Urban Development. Signatory; set out the state’s revenue terms.
  • Hassan Zareer, Minister of Finance. “Not even an inch” of land is sold.

Critical

  • Abdulla Yameen, Former President. Stop Ras Malé; build in Hulhumalé instead.
  • Mohamed Nasheed, Former President. Halt major projects.
  • Adam Azim, Mayor of Malé. Critical of the deal.
  • Sheikh Fazloon, Religious scholar. Critical of the deal.
  • Ahmed Shamheed, Opposition MP. Lagoons are the country’s most valuable assets; estimates the land’s value at USD 10–17bn.
  • Ali Hussain, Former MP. Critical of the deal.
  • Midhuam Saud, Analyst. A master plan should come before the deal.

Accuracy notes on Maldives-facing marketing

  • The Eagle Hills Maldives “developer” page cites 28 years, 400,000 homes, 90 hotels, 17 malls and USD 450bn+ of development, illustrated with Downtown Dubai and Emaar hotel brands. Eagle Hills is 12 years old; these figures appear to be Alabbar’s combined career totals, including Emaar.
  • The ministry release credits Alabbar with Downtown Dubai. That is accurate for Alabbar personally, but it was an Emaar project, not an Eagle Hills one.
Confirmed

03Footprint

Where Eagle Hills builds

Keystone and listed projects by status. Choose a pin, a status or a region; the list below holds the same projects.

Maldives Waterfront and MarinaBelgrade WaterfrontTbilisi Waterfront

Headquarters, Abu Dhabi · larger pins are keystone projects · locations are approximate

Agreed or preliminary · Maldives

Maldives Waterfront and Marina

Commercial terms agreement signed 21 September 2026 in Dubai. 500 ha of Ras Malé.

Partner / structure Government of Maldives (Ministry of Infrastructure, Housing and Urban Development)

Confirmed
All 20 places as a list

Not an Eagle Hills project: Trump Tower Belgrade, on the former Yugoslav Army General Staff site, is a venture of Jared Kushner’s Affinity Partners. No evidence of Eagle Hills involvement was found.

04Timeline

From Al Maabar to Ras Malé

Scroll sideways, or jump to a year.

  1. 2007

    Al Maabar is formed

    A joint venture set up under the direction of the Abu Dhabi Government by Aldar, Sorouh, Mubadala Development, Al Qudra, Reem International and Al Reem Investments, to develop large schemes abroad.

    Abu DhabiConfirmed
  2. January 2014

    Eagle Hills emerges

    Alabbar and Aleksandar Vučić, then deputy prime minister of Serbia, unveil the Belgrade Waterfront master plan.

    BelgradeConfirmed
  3. 2014–2015

    Al Maabar absorbed

    The National reports that Eagle Hills merged with and absorbed Al Maabar as a subsidiary.

    Abu DhabiConfirmed
  4. April 2015

    Belgrade joint venture signed

    Signed under a lex specialis; Eagle Hills holds 68%, the Republic of Serbia 32%.

    BelgradeConfirmed
  5. April 2016

    Savamala demolitions

    Overnight demolitions on election night by masked men lead to mass protests. President Vučić later said top city officials were responsible. No finding was made against Eagle Hills.

    BelgradeConfirmed
  6. 2018

    Sharjah and Addis Ababa

    Maryam Island and Kalba Waterfront launched with Shurooq (50:50); La Gare launched in Addis Ababa.

    Sharjah · Addis AbabaConfirmed
  7. December 2020

    Alabbar moves to Emaar managing director

    He steps down as Emaar chairman to comply with UAE governance rules.

    DubaiConfirmed
  8. November 2022

    Durrës Yachts & Marina launched

    Approved by Albania’s Parliament through an accelerated procedure.

    DurrësConfirmed
  9. September 2023

    Crown Prince of Abu Dhabi in Belgrade

    Sheikh Khaled bin Mohamed bin Zayed tours Belgrade Waterfront with President Vučić and Prime Minister Orbán.

    BelgradeConfirmed
  10. December 2023

    Ras Malé reclamation begins

    Reclamation in the Fushi Dhiggaru lagoon is launched on 18 December 2023.

    MaldivesConfirmed
  11. June 2024

    Mandarin Oriental Muscat opens

    A joint development in Oman.

    MuscatConfirmed
  12. January 2025

    Budapest, Tbilisi, Belgrade expansion

    Purchase agreement for Rákosrendező in Budapest; Tbilisi Waterfront and Gonio announced; a major Belgrade expansion reported at $12.4bn.

    Budapest · Tbilisi · BelgradeConfirmed
  13. February 2025

    Budapest cancelled; Durrës upheld

    Budapest city exercises a pre-emption right and the project is cancelled. Albania’s Constitutional Court rejects a challenge to the Durrës law.

    Budapest · DurrësConfirmed
  14. June 2025

    Montenegro agreements ratified

    After a presidential veto and a second parliamentary vote.

    PodgoricaConfirmed
  15. Sept–Oct 2025

    Georgia gathers pace

    UAE President Sheikh Mohamed bin Zayed leads a delegation to Georgia; the Tbilisi showroom opens in October.

    TbilisiConfirmed
  16. May 2026

    Syria plans presented

    Damascus (Dummar) and Latakia; reported at $20bn+ (Bloomberg) to $50bn+ (Arabian Business). Preliminary.

    Damascus · LatakiaReported
  17. 21 September 2026

    Maldives agreement signed

    Commercial terms agreement for the Maldives Waterfront and Marina, signed in Dubai.

    DubaiConfirmed
  18. Q1 2027

    Construction target

    Construction start targeted for the first quarter of 2027, according to Zawya citing the Maldives Independent.

    Ras MaléReported

05Behind the money

What can be shown — and what cannot

What the record shows

Founder-led and privately held

Alabbar is the public face, founder and chairman. No published shareholder register, audited accounts or bond prospectus was found.

Confirmed

Abu Dhabi state lineage through Al Maabar

Eagle Hills absorbed Al Maabar, an Abu Dhabi government-designed vehicle for overseas development. Aldar confirmed it sold its Al Maabar stake in 2013, and the other Abu Dhabi partners were understood to have done the same. This shows inherited lineage; it does not establish who owns Eagle Hills today.

Confirmed

Close ties to Abu Dhabi’s ruling family

Semafor, drawing on Bloomberg and Reuters interviews, describes Eagle Hills as having close ties to the ruling family of Abu Dhabi. This is a characterisation by reputable outlets, not a documented ownership link.

Reported

State-to-state deal architecture

The largest projects repeatedly follow government-to-government agreements with the UAE, often after visits by UAE leaders — in Georgia, Serbia, Hungary and Montenegro. In Albania, Prime Minister Edi Rama described three years of negotiations with “the prince of the UAE” and Alabbar (reported).

Confirmed

Host-state equity partners

Joint ventures give host states a minority share: Serbia 32% in Belgrade, the Georgian state 33% (claimed), Shurooq 50% in Sharjah, and a partnership with Diyar Al Muharraq in Bahrain.

Confirmed

Leverage on host-state finances

The Carnegie Endowment reports that the Durrës marina’s roughly €2bn valuation rests on €160m of initial capital, half guaranteed by the Albanian state, with the rest financed by off-plan sales.

Reported

Bank finance

For example, a Dh300m facility from National Bank of Fujairah for The Address Fujairah Resort.

Confirmed

Maldives: direct investment not disclosed

The amount Eagle Hills will invest directly has not been disclosed. Investors are invited to co-invest through “The Office of Mr. Mohamed Ali Alabbar”.

Confirmed

Not established by any source reviewed

  • Who owns Eagle Hills today.
  • Any direct equity held today by a member of the Al Nahyan family or an Abu Dhabi sovereign fund.
  • Eagle Hills’ consolidated revenue, profit or balance sheet.

These remain open questions; nothing on this page should be read as an answer to them.

Host-state stakes in joint ventures

  • Belgrade Waterfront

    Eagle Hills 68%Republic of Serbia 32% Confirmed

    Eagle Hills committed €150m in cash, a €150m shareholder loan and a €130m loan to the Serbian state for land purchase and clearance.

  • Tbilisi Waterfront & Gonio

    Eagle Hills 67%Georgian state 33% Claimed

  • Maryam Island & Kalba (Sharjah)

    Eagle Hills 50%Shurooq 50% Confirmed

06The deal pattern

How the projects arrive

A recurring model, documented across several countries.

  1. 1

    Inter-governmental entry

    Projects typically arrive through UAE-to-host-state agreements or direct negotiation with heads of government, rather than open tenders.

    SerbiaAlbaniaMontenegroHungaryGeorgia

    Confirmed
  2. 2

    Special legal frameworks

    Serbia passed a lex specialis in April 2015 bypassing ordinary rules on expropriation, permits and land use. Albania used an accelerated procedure and exempted the investor from infrastructure impact tax and social-housing contributions. Montenegro’s agreement allows land allocation without public bidding.

    SerbiaAlbaniaMontenegro

    Confirmed
  3. 3

    Public land into joint ventures

    Public land goes into a joint venture in exchange for development and a state minority share: Serbia 32%, Georgia 33%; in Albania, 812,600 m² transferred free of charge under the port law.

    SerbiaGeorgiaAlbania

    Confirmed
  4. 4

    Confidential terms

    Georgia classified its agreement; Albania withheld a beneficial owner’s identity; the Maldives agreement is unpublished.

    GeorgiaAlbaniaMaldives

    Confirmed

Reporting by the Carnegie Endowment, OC Media and Balkan Insight documents a recurring model of state-led, negotiated partnerships that has drawn transparency questions in several jurisdictions. No court or anti-corruption body has made an adverse finding against Eagle Hills in any source reviewed.

07Track record

Questions raised, and how they ended

Serbia

Issue

Selection without a competitive tender; contract published months after signing; overnight demolitions in Savamala in April 2016; mass protests (Ne da(vi)mo Beograd).

Outcome

The project proceeded and expanded. President Vučić acknowledged city officials’ responsibility for the demolitions. No finding against Eagle Hills.

Confirmed

Albania

Issue

No open tender; the European Commission sought clarification; the EU withdrew a €28m port-modernisation grant; an opposition criminal complaint.

Outcome

The Constitutional Court upheld the law in February 2025.

Confirmed

Hungary

Issue

The land sale was opposed as undervalued; the city favoured affordable housing.

Outcome

Cancelled in February 2025.

Confirmed

Montenegro

Issue

The agreement allows land to be leased without a tender; a presidential veto; local opposition in Ulcinj.

Outcome

Ratified in June 2025; the Carnegie Endowment reports Alabbar later withdrew.

Disputed

Georgia

Issue

The agreement is classified; economists have questioned its scale.

Outcome

Proceeding; a showroom opened in October 2025.

Confirmed

Maldives

Issue

Unpublished agreement; 99-year leases that restart on each transfer; questions over the land’s valuation.

Outcome

Terms agreed; detailed agreements pending.

Confirmed

Delivered projects

  • Belgrade Waterfront towers and Galerija mall
  • Mandarin Oriental Muscat (opened 2024)
  • Marassi Al Bahrain phases
  • Maryam Island, Sharjah
  • Al Raha Village handovers, Aqaba (2017)
Confirmed

08People

The founder, and the counterparts

Heads of state and government, ministers and mayors whose roles are documented in the reporting. The lines show documented contact, not ownership.

Principal

Mohamed Ali Alabbar

Founder and Chairman, Eagle Hills · Founder and Managing Director, Emaar Properties

Born 8 November 1956 in Dubai, the eldest of 12 children; his father was a dhow captain. Seattle University graduate (1981). Founded Emaar Properties in 1997 (Burj Khalifa, Dubai Mall, Downtown Dubai — Emaar projects, not Eagle Hills ones); Emaar chairman 1997–2020 and managing director since December 2020. Founded Noon.com and chairs Americana Group. Earlier led Emaar’s 2005 Syria ventures (Damascus Hills, Eighth Gate), halted in 2011.

Confirmed
MaldivesUnited Ar…EmiratesSerbiaAlbaniaMontenegroHungaryGeorgiaSyriaMMAMHZMNKNAVSMERBBMSJMVOGKIKBIAAMohamed AliAlabbar

Maldives

United Arab Emirates

Serbia

Albania

Montenegro

Hungary

Georgia

Syria

Drag a name to move it; choose one to read their link.

Maldives

His Excellency Dr Mohamed Muizzu

President of the Republic of Maldives

Ras Malé is his flagship project; he has publicly defended the deal.

Confirmed
Everyone, by group

Maldives

  • His Excellency Dr Mohamed Muizzu, President of the Republic of Maldives. Ras Malé is his flagship project; he has publicly defended the deal.
    Confirmed
  • Dr Abdulla Muththalib, Minister of Infrastructure, Housing and Urban Development. Signatory; set out the financial terms.
    Confirmed
  • Hassan Zareer, Minister of Finance. Publicly defended the land terms.
    Confirmed

United Arab Emirates

  • Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, Ruler of Abu Dhabi. Led a UAE delegation hosted by Bidzina Ivanishvili as the Georgia project advanced (September 2025).
    Confirmed
  • Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi. Toured Belgrade Waterfront with President Vučić and Prime Minister Orbán (September 2023).
    Confirmed

Serbia

  • Aleksandar Vučić, President of Serbia (Prime Minister 2014–17). Co-launched Belgrade Waterfront in 2014 and has backed it since.
    Confirmed
  • Siniša Mali, Mayor of Belgrade in 2016; later Minister of Finance. Protesters demanded his resignation after the Savamala demolitions; President Vučić said top city officials were responsible.
    Confirmed

Albania

  • Edi Rama, Prime Minister of Albania. Championed the Durrës marina deal. In Parliament he described three years of negotiations with “the prince of the UAE” and Alabbar (reported by Sot.com.al).
    Confirmed
  • Belinda Balluku, Former Deputy Prime Minister. Named with Prime Minister Rama in the opposition’s criminal complaint over Durrës; no finding has been reported.
    Reported

Montenegro

  • Milojko Spajić, Prime Minister of Montenegro. Promoted the UAE agreements and Velika Plaža.
    Confirmed
  • Jakov Milatović, President of Montenegro. Returned the UAE law to Parliament, citing unequal obligations and a lack of transparency; signed it after a second vote.
    Confirmed

Hungary

  • Viktor Orbán, Prime Minister of Hungary at the time. Backed the Grand Budapest project.
    Confirmed
  • Gergely Karácsony, Mayor of Budapest. Opposed the project and blocked it through the city’s pre-emption right.
    Confirmed

Georgia

  • Irakli Kobakhidze, Prime Minister of Georgia. Opened the Eagle Hills showroom in Tbilisi and called the project historic.
    Confirmed
  • Bidzina Ivanishvili, Founder, Georgian Dream. Hosted the UAE delegation.
    Confirmed

Syria

  • Ahmed al-Sharaa, President of Syria. Alabbar told Bloomberg that al-Sharaa calls him periodically on progress.
    Reported

Other executives named in business directories are not listed here: no company filing or press release confirms them.

09Fact checks & open questions

Common claims, corrected — and what is still unknown

  • A single value for the Maldives project

    Two figures, attributed: USD 12 billion (Eagle Hills’ reported figure and the international wires) and up to USD 20 billion (Government of Maldives).

  • Alabbar is chairman of Emaar

    He has been founder and managing director of Emaar since December 2020.

  • Downtown Dubai and Burj Khalifa are Eagle Hills projects

    They are Emaar projects.

  • Eagle Hills operates in N countries with N hotels

    Counts vary by source; attribute any figure used.

  • Trump Tower Belgrade is an Eagle Hills project

    It is a venture of Jared Kushner’s Affinity Partners on the former Yugoslav Army General Staff site; no evidence of Eagle Hills involvement was found.

  • Eagle Hills is linked to the ruling family

    “Close ties to the ruling family” is a media characterisation (Semafor); attribute it.

  • Eagle Hills is building in Montenegro

    Unclear: the Carnegie Endowment reports a withdrawal; the company website still lists Montenegro.

Open questions as of 27 September 2026

  1. How much will Eagle Hills invest directly, and through which entities?
  2. Does the signed agreement contain the lease-restarting clause published by Eagle Hills?
  3. What is the base, duration and priority of the 10% revenue share, and who controls the escrow account?
  4. What are the terms of the master lease over the 500 ha: its length, rent and conditions?
  5. Which visa route applies to buyers: the Corporate Resident Visa or Pearl Residence?
  6. Will Ras Malé need legislative changes (land, special economic zone, residency), and will Parliament review the agreement?
  7. Will Emaar join, and on what terms?
  8. What is the status of the master plan for the remaining ~600 ha?

10Coverage

Our reporting on Eagle Hills

Government & Parliament

The passport ban and Rasmalé: how the law holds its ground

Minister of Infrastructure, Housing and Urban Development Dr Abdulla Muththalib answers the Palestine-related concerns raised about Rasmalé: what Zionist settlement has historically required, what the April 2025 Israeli passport ban already does, and the protections proposed for the sale.

By Dr Abdulla Muththalib

11Sources

Every source cited

Numbers match the citations throughout the page.

  1. 1Eagle Hills PropertiesWikipedia
  2. 2Mohamed AlabbarWikipedia
  3. 3Eagle Hills signs commercial terms agreement with the Government of MaldivesEagle Hills (press release) · 21 Sept 2026
  4. 4Abu Dhabi’s Eagle Hills signs Maldives Waterfront and Marina dealThe National · 21 Sept 2026
  5. 5Alabbar interview: IPO, projects outside the UAEKhaleej Times · Sept 2026
  6. 6Inside the Belgrade Waterfront projectForbes (Wade Shepard) · 2016
  7. 7Abu Dhabi-based Eagle Hills lands in the MaldivesSemafor · 22 Sept 2026
  8. 8Our projectsEagle Hills
  9. 9Eagle Hills to join $215m renovation of Venice hotelArabian Business
  10. 10Bvlgari Hotels & Resorts sign agreement with Eagle Hills (Abu Dhabi, 2030)Eagle Hills (press release)
  11. 11Belgrade WaterfrontWikipedia
  12. 12Mega-project for Abu Dhabi’s Eagle Hills in BelgradeThe National
  13. 13Emaar boss uses Eagle Hills property firm to revive push into AfricaThe National
  14. 14Eagle Hills plans $12bn Maldives waterfront destinationGulf Business · Sept 2026
  15. 15Alabbar steps down from role as chairman of EmaarArabian Business
  16. 16Emaar’s Alabbar named managing director in line with new rulesGulf News
  17. 17UAE developer Alabbar to invest $20bn in Syria developmentsSemafor · 16 July 2026
  18. 18Dubai property tycoon plans $20 billion development in SyriaBloomberg · 15 July 2026
  19. 19Eagle Hills in GeorgiaCivil Georgia
  20. 20Crown Prince of Abu Dhabi visits Belgrade WaterfrontWAM / Abu Dhabi Media Office · 29 Sept 2023
  21. 21Eagle Hills signs contract for Budapest redevelopmentAGBI · Jan 2025
  22. 22Montenegro investment deal with UAE raises fears for untouched beachBalkan Insight · 23 Apr 2025
  23. 23Montenegro president defies government over Emirati development dealBalkan Insight · 29 Apr 2025
  24. 24Parliament debate on the Durrës port projectSot.com.al · Nov 2022
  25. 25Cranes, capital and coercion: Belgrade’s real estate boomTurning Point · Sept 2026
  26. 26After a series of controversial projects, Eagle Hills sets its sights on GeorgiaOC Media · Nov 2025
  27. 27European Commission monitoring Port of Durrës dealExit News
  28. 28Constitutional Court rejects appeal against Durrës tourist port projectEuronews Albania · Feb 2025
  29. 29Rules or deals: the EU’s challenge in regulating corrosive capital in the Western BalkansCarnegie Endowment · Dec 2025
  30. 30Eagle Hills signs Dh300m financing facilityGulf News
  31. 31Eagle Hills Maldives (sales site)Eagle Hills
  32. 32Belgrade Waterfront protesters renew resignation demands over demolitionsBalkan Insight · July 2016
  33. 33Eagle Hills launches $2.5bn superyacht port project in Albaniabne IntelliNews · Nov 2022
  34. 34Hungarian government backs out of Budapest projectProperty Forum
  35. 35Budapest pulls plug on Eagle Hills projectEnterprise AM · 7 Feb 2025
  36. 36UAE $50bn real estate investment in SyriaArabian Business · May 2026
  37. 37Eagle Hills plans major projects in Damascus and LatakiaSyrian Observer · May 2026
  38. 38Eagle Hills expands its European portfolio with development in RomeEagle Hills (press release)
  39. 39Trump and Kushner’s Serbia hotel projectThe New York Times · 24 Jan 2025
  40. 40“Not an inch sold”: the Eagle Hills deal and the foreign ownership questionMaldives Independent (Ahmed Naish) · 23 Sept 2026
  41. 41President on Ras Malé and Eagle HillsAtoll Times
  42. 42Rasmalé falloutMaldives Independent · 26 Sept 2026
  43. 43Minister sets out Eagle Hills termsEdition.mv
  44. 44Serbia: information about demolished neighbourhood still lackingOCCRP
  45. 45UAE’s Eagle Hills Belgrade project faces protestsConstruction Week
  46. 46Parliament approves the port project after 14 hours of debateSot.com.al
  47. 47Montenegro’s president enacts investment deal with UAESeeNews · June 2025
  48. 48Dubai, Abu Dhabi property firms eye $12 billion Maldives projectBloomberg · 21 Sept 2026
  49. 49Eagle Hills signs $12 billion Maldives waterfront dealGulf News · Sept 2026
  50. 50Commercial terms, foreign leaseholds and felled figsMaldives Independent · Sept 2026

About this record

Revision history

Last reviewed 27 September 2026. Created for the Eagle Hills dossier page (/entities/eagle-hills), which carries the graded, sourced research. Founding month per company materials; day not published.

Data

How to cite

Good Morning Maldives, "Eagle Hills", independent record (graded), retrieved 23 October 2026, www.goodmorningmaldives.com/entities/eagle-hills

Add the fact’s own link (#fact-…) to cite one line. Citation guide

Source 1

Eagle Hills Properties

Wikipedia

Source 2

Mohamed Alabbar

Wikipedia

Source 3

Eagle Hills signs commercial terms agreement with the Government of Maldives

Eagle Hills (press release) · 21 Sept 2026

Source 4

Abu Dhabi’s Eagle Hills signs Maldives Waterfront and Marina deal

The National · 21 Sept 2026

Source 5

Alabbar interview: IPO, projects outside the UAE

Khaleej Times · Sept 2026

Source 6

Inside the Belgrade Waterfront project

Forbes (Wade Shepard) · 2016

Source 7

Abu Dhabi-based Eagle Hills lands in the Maldives

Semafor · 22 Sept 2026

Source 8

Our projects

Eagle Hills

Source 9

Eagle Hills to join $215m renovation of Venice hotel

Arabian Business

Source 10

Bvlgari Hotels & Resorts sign agreement with Eagle Hills (Abu Dhabi, 2030)

Eagle Hills (press release)

Source 11

Belgrade Waterfront

Wikipedia

Source 12

Mega-project for Abu Dhabi’s Eagle Hills in Belgrade

The National

Source 13

Emaar boss uses Eagle Hills property firm to revive push into Africa

The National

Source 14

Eagle Hills plans $12bn Maldives waterfront destination

Gulf Business · Sept 2026

Source 15

Alabbar steps down from role as chairman of Emaar

Arabian Business

Source 16

Emaar’s Alabbar named managing director in line with new rules

Gulf News

Source 17

UAE developer Alabbar to invest $20bn in Syria developments

Semafor · 16 July 2026

Source 18

Dubai property tycoon plans $20 billion development in Syria

Bloomberg · 15 July 2026

Source 19

Eagle Hills in Georgia

Civil Georgia

Source 20

Crown Prince of Abu Dhabi visits Belgrade Waterfront

WAM / Abu Dhabi Media Office · 29 Sept 2023

Source 21

Eagle Hills signs contract for Budapest redevelopment

AGBI · Jan 2025

Source 22

Montenegro investment deal with UAE raises fears for untouched beach

Balkan Insight · 23 Apr 2025

Source 23

Montenegro president defies government over Emirati development deal

Balkan Insight · 29 Apr 2025

Source 24

Parliament debate on the Durrës port project

Sot.com.al · Nov 2022

Source 25

Cranes, capital and coercion: Belgrade’s real estate boom

Turning Point · Sept 2026

Source 26

After a series of controversial projects, Eagle Hills sets its sights on Georgia

OC Media · Nov 2025

Source 27

European Commission monitoring Port of Durrës deal

Exit News

Source 28

Constitutional Court rejects appeal against Durrës tourist port project

Euronews Albania · Feb 2025

Source 29

Rules or deals: the EU’s challenge in regulating corrosive capital in the Western Balkans

Carnegie Endowment · Dec 2025

Source 30

Eagle Hills signs Dh300m financing facility

Gulf News

Source 31

Eagle Hills Maldives (sales site)

Eagle Hills

Source 32

Belgrade Waterfront protesters renew resignation demands over demolitions

Balkan Insight · July 2016

Source 33

Eagle Hills launches $2.5bn superyacht port project in Albania

bne IntelliNews · Nov 2022

Source 34

Hungarian government backs out of Budapest project

Property Forum

Source 35

Budapest pulls plug on Eagle Hills project

Enterprise AM · 7 Feb 2025

Source 36

UAE $50bn real estate investment in Syria

Arabian Business · May 2026

Source 37

Eagle Hills plans major projects in Damascus and Latakia

Syrian Observer · May 2026

Source 38

Eagle Hills expands its European portfolio with development in Rome

Eagle Hills (press release)

Source 39

Trump and Kushner’s Serbia hotel project

The New York Times · 24 Jan 2025

Source 40

“Not an inch sold”: the Eagle Hills deal and the foreign ownership question

Maldives Independent (Ahmed Naish) · 23 Sept 2026

Source 41

President on Ras Malé and Eagle Hills

Atoll Times

Source 42

Rasmalé fallout

Maldives Independent · 26 Sept 2026

Source 43

Minister sets out Eagle Hills terms

Edition.mv

Source 44

Serbia: information about demolished neighbourhood still lacking

OCCRP

Source 45

UAE’s Eagle Hills Belgrade project faces protests

Construction Week

Source 46

Parliament approves the port project after 14 hours of debate

Sot.com.al

Source 47

Montenegro’s president enacts investment deal with UAE

SeeNews · June 2025

Source 48

Dubai, Abu Dhabi property firms eye $12 billion Maldives project

Bloomberg · 21 Sept 2026

Source 49

Eagle Hills signs $12 billion Maldives waterfront deal

Gulf News · Sept 2026

Source 50

Commercial terms, foreign leaseholds and felled figs

Maldives Independent · Sept 2026