# Eagle Hills _Private real-estate developer, Abu Dhabi_ - Type: Company - Also known as: Eagle Hills Properties LLC, Eagle Hills Properties - Website: https://www.eaglehills.com - Last reviewed: 2026-09-27 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. ## Key facts - What it is: A privately held real estate investment and development company building large mixed-use, waterfront and urban-regeneration districts. - Headquarters: Abu Dhabi, United Arab Emirates. - Founded: January 2014, when Mohamed Alabbar presented the Belgrade Waterfront plan on its behalf. - Founder and chairman: Mohamed Ali Alabbar, born 8 November 1956 in Dubai. - 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. - Listing: Not listed. Alabbar said in September 2026 that an IPO “was not on the table”. - 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. - Hotels: Between 35 and 45 depending on the source: “more than 35” (Arabian Business), 38 across six countries (company), 45 (Maldives ministry release). - In the Maldives: The Maldives Waterfront and Marina project: 500 ha of Ras Malé under a commercial terms agreement signed on 21 September 2026. ## What Eagle Hills is _A founder-led private developer from Abu Dhabi, separate from Emaar, building large waterfront districts in partnership with governments._ **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. ## 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. **What is it worth? Two figures, attributed** Eagle Hills’ own release leaves the figure blank in the published text. Eagle Hills’ direct equity commitment has not been disclosed. - Government of Maldives (infrastructure ministry release): Overall development scale. USD 20 billion - Reuters, Bloomberg, The National: Reported project value. USD 12 billion - Alabbar, to Khaleej Times: “Could reach” this figure. USD 20 billion **Ras Malé, about 1,100 ha** - Eagle Hills: 500 ha - Public housing: ~600 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. - 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. **What the state receives, according to the minister** 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. - Revenue share from the master developer, instead of an acquisition price - Levy on every property transaction - Tourism GST, with no concessions - All sale proceeds held in a Maldivian account - No government borrowing or sovereign guarantee - State revenue expected over the development period, maturing in about ten years - 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. - One illustrative home in Ras Malé, first sold in 2030. Calculations by Good Morning Maldives (GMM), based on the clause in Eagle Hills’ release. - Term: 99 years - 2030: First sale - 2045: Resale - 2070: Inheritance - 2095: Resale - 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. **Preliminary projections by the company and the ministry** - Gross foreign investment over the project’s lifetime - Net foreign investment - Visitors a year - Annual tourism revenue - Direct 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. - 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). - Environment: No further dredging by Eagle Hills; independent marine monitoring during construction. - 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. - 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. **Positions in the Maldives, as reported** - Supporting: - His Excellency Dr Mohamed Muizzu: The project will proceed; a lease is not foreign ownership.. President of the Republic of Maldives - Dr Abdulla Muththalib: Signatory; set out the state’s revenue terms.. Minister of Infrastructure, Housing and Urban Development - Hassan Zareer: “Not even an inch” of land is sold.. Minister of Finance - Critical: - Abdulla Yameen: Stop Ras Malé; build in Hulhumalé instead.. Former President - Mohamed Nasheed: Halt major projects.. Former President - Adam Azim: Critical of the deal.. Mayor of Malé - Sheikh Fazloon: Critical of the deal.. Religious scholar - Ahmed Shamheed: Lagoons are the country’s most valuable assets; estimates the land’s value at USD 10–17bn.. Opposition MP - Ali Hussain: Critical of the deal.. Former MP - Midhuam Saud: A master plan should come before the deal.. Analyst **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. ## 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._ ## From Al Maabar to Ras Malé _Scroll sideways, or jump to a year._ ## 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. - 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. - 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. - 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). - 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. - 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. - Bank finance: For example, a Dh300m facility from National Bank of Fujairah for The Address Fujairah Resort. - 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”. **Not established by any source reviewed** These remain open questions; nothing on this page should be read as an answer to them. - 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. **Host-state stakes in joint ventures** - Belgrade Waterfront: 68. Republic of Serbia. 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: 67. Georgian state - Maryam Island & Kalba (Sharjah): 50. Shurooq ## How the projects arrive _A recurring model, documented across several countries._ 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. - Inter-governmental entry: Projects typically arrive through UAE-to-host-state agreements or direct negotiation with heads of government, rather than open tenders. - 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. - 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. - Confidential terms: Georgia classified its agreement; Albania withheld a beneficial owner’s identity; the Maldives agreement is unpublished. ## Questions raised, and how they ended - Serbia: Selection without a competitive tender; contract published months after signing; overnight demolitions in Savamala in April 2016; mass protests (Ne da(vi)mo Beograd).. The project proceeded and expanded. President Vučić acknowledged city officials’ responsibility for the demolitions. No finding against Eagle Hills. - Albania: No open tender; the European Commission sought clarification; the EU withdrew a €28m port-modernisation grant; an opposition criminal complaint.. The Constitutional Court upheld the law in February 2025. - Hungary: The land sale was opposed as undervalued; the city favoured affordable housing.. Cancelled in February 2025. - Montenegro: The agreement allows land to be leased without a tender; a presidential veto; local opposition in Ulcinj.. Ratified in June 2025; the Carnegie Endowment reports Alabbar later withdrew. - Georgia: The agreement is classified; economists have questioned its scale.. Proceeding; a showroom opened in October 2025. - Maldives: Unpublished agreement; 99-year leases that restart on each transfer; questions over the land’s valuation.. Terms agreed; detailed agreements pending. **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) ## 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._ ## Timeline - 2007-01-01: 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. - 2014-01-01: Eagle Hills emerges. Alabbar and Aleksandar Vučić, then deputy prime minister of Serbia, unveil the Belgrade Waterfront master plan. - 2014–2015: Al Maabar absorbed. The National reports that Eagle Hills merged with and absorbed Al Maabar as a subsidiary. - 2015-04-01: Belgrade joint venture signed. Signed under a lex specialis; Eagle Hills holds 68%, the Republic of Serbia 32%. - 2016-04-01: 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. - 2018-01-01: Sharjah and Addis Ababa. Maryam Island and Kalba Waterfront launched with Shurooq (50:50); La Gare launched in Addis Ababa. - 2020-12-01: Alabbar moves to Emaar managing director. He steps down as Emaar chairman to comply with UAE governance rules. - 2022-11-01: Durrës Yachts & Marina launched. Approved by Albania’s Parliament through an accelerated procedure. - 2023-09-01: Crown Prince of Abu Dhabi in Belgrade. Sheikh Khaled bin Mohamed bin Zayed tours Belgrade Waterfront with President Vučić and Prime Minister Orbán. - 2023-12-01: Ras Malé reclamation begins. Reclamation in the Fushi Dhiggaru lagoon is launched on 18 December 2023. - 2024-06-01: Mandarin Oriental Muscat opens. A joint development in Oman. - 2025-01-01: Budapest, Tbilisi, Belgrade expansion. Purchase agreement for Rákosrendező in Budapest; Tbilisi Waterfront and Gonio announced; a major Belgrade expansion reported at $12.4bn. - 2025-02-01: 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. - 2025-06-01: Montenegro agreements ratified. After a presidential veto and a second parliamentary vote. - Sept–Oct 2025: Georgia gathers pace. UAE President Sheikh Mohamed bin Zayed leads a delegation to Georgia; the Tbilisi showroom opens in October. - 2026-05-01: Syria plans presented. Damascus (Dummar) and Latakia; reported at $20bn+ (Bloomberg) to $50bn+ (Arabian Business). Preliminary. - 2026-09-21: Maldives agreement signed. Commercial terms agreement for the Maldives Waterfront and Marina, signed in Dubai. - Q1 2027: Construction target. Construction start targeted for the first quarter of 2027, according to Zawya citing the Maldives Independent. ## Footprint - Maldives Waterfront and Marina, Maldives: agreed. Commercial terms agreement signed 21 September 2026 in Dubai. 500 ha of Ras Malé. - Belgrade Waterfront, Serbia: delivered. Flagship. Joint venture signed April 2015 under a lex specialis; about €3bn originally; a major expansion announced January 2025 (reported as $12.4bn). Includes Galerija mall, Belgrade Tower and the restored Bristol Hotel. - Durrës Yachts & Marina, Albania: underway. Launched November 2022; marketed at $2.5bn; approved by Parliament through an accelerated procedure (Law 79/2022); the Constitutional Court rejected an opposition challenge in February 2025. - Tbilisi Waterfront, Georgia: underway. Announced January 2025; more than $6.5bn together with Gonio; 590 ha at Krtsanisi. The agreement is classified by the government. - Gonio Yachts and Marina, Georgia: underway. 260 ha on the Black Sea coast, announced with Tbilisi Waterfront. - Grand Budapest (Rákosrendező), Hungary: cancelled. Purchase agreement January 2025 for about 85–100 ha; a €12bn plan. Cancelled in February 2025 after Budapest city exercised a pre-emption right. - Velika Plaža, Ulcinj, Montenegro: disputed. UAE–Montenegro agreements ratified in 2025 after a presidential veto and a second vote. The Carnegie Endowment reports that Alabbar later announced a withdrawal after local resistance; the company website still lists Montenegro. - Damascus (Dummar), Syria: agreed. Plans presented May 2026; reported at $20bn+ (Bloomberg) to $50bn+ (Arabian Business) together with Latakia. Preliminary. - Latakia, Syria: agreed. Presented with the Damascus plans in May 2026. Preliminary. - Marassi Al Bahrain, Bahrain: delivered. Coastal mixed-use in Diyar Al Muharraq: shopping centre, hotels and residences, delivered in phases. - Maryam Island, UAE (Sharjah): delivered. Launched 2018. - Kalba Waterfront, UAE (Sharjah): underway. Launched 2018. - Ramhan Island · Bvlgari Resort & Mansions, UAE (Abu Dhabi): underway. Ramhan under construction by 2024; a Bvlgari resort with 90 mansions planned for 2030. - Mandarin Oriental Muscat, Oman: delivered. Opened June 2024. - La Gare, Ethiopia: underway. About 360,000 m² around Addis Ababa’s former railway station; launched 2018. - Riga Waterfront (Andrejsala), Latvia: agreed. Memorandum of understanding with Riga City Council, January 2024. - Guido Reni Barracks, Rome, Italy: underway. €400m redevelopment with COIMA, selected by Cassa Depositi e Prestiti. - Hotel Des Bains, Venice, Italy: underway. $215m renovation through the COIMA Des Bains Fund. - Al Raha Village, Jordan: delivered. Handovers in Aqaba from 2017. - Marassi Red, Egypt (Red Sea): agreed. Listed on the company website. Location shown approximately. ## Open questions - How much will Eagle Hills invest directly, and through which entities? - Does the signed agreement contain the lease-restarting clause published by Eagle Hills? - What is the base, duration and priority of the 10% revenue share, and who controls the escrow account? - What are the terms of the master lease over the 500 ha: its length, rent and conditions? - Which visa route applies to buyers: the Corporate Resident Visa or Pearl Residence? - Will Ras Malé need legislative changes (land, special economic zone, residency), and will Parliament review the agreement? - Will Emaar join, and on what terms? - What is the status of the master plan for the remaining ~600 ha? ## Sources - [Eagle Hills Properties](https://en.wikipedia.org/wiki/Eagle_Hills_Properties). Wikipedia - [Mohamed Alabbar](https://en.wikipedia.org/wiki/Mohamed_Alabbar). Wikipedia - [Eagle Hills signs commercial terms agreement with the Government of Maldives](https://eaglehills.com/eagle-hills-signs-commercial-terms-agreement-with-the-government-of-maldives-for-new-global-destination-maldives-waterfront-and-marina/). Eagle Hills (press release), 21 Sept 2026 - [Abu Dhabi’s Eagle Hills signs Maldives Waterfront and Marina deal](https://www.thenationalnews.com/business/property/2026/09/21/abu-dhabis-eagle-hills-signs-20bn-maldives-waterfront-and-marina-deal/). The National, 21 Sept 2026 - [Alabbar interview: IPO, projects outside the UAE](https://www.khaleejtimes.com/business/current-regional-situation-not-sustainable-says-dubai-billionaire-alabbar). Khaleej Times, Sept 2026 - [Inside the Belgrade Waterfront project](https://www.forbes.com/sites/wadeshepard/2016/12/08/inside-abu-dhabis-bad-joke-the-belgrade-waterfront-project/). Forbes (Wade Shepard), 2016 - [Abu Dhabi-based Eagle Hills lands in the Maldives](https://www.semafor.com/article/09/22/2026/abu-dhabi-based-eagle-hills-lands-in-the-maldives). Semafor, 22 Sept 2026 - [Our projects](https://eaglehills.com/our-projects/). Eagle Hills - [Eagle Hills to join $215m renovation of Venice hotel](https://www.arabianbusiness.com/abnews/abu-dhabis-eagle-hills-to-join-215m-renovation-of-iconic-venice-hotel). Arabian Business - [Bvlgari Hotels & Resorts sign agreement with Eagle Hills (Abu Dhabi, 2030)](https://eaglehills.com/bvlgari-hotels-resorts-sign-a-long-term-agreement-with-eagle-hills-for-a-new-resort-and-private-mansions-project-in-abu-dhabi-set-to-open-in-2030/). Eagle Hills (press release) - [Belgrade Waterfront](https://en.wikipedia.org/wiki/Belgrade_Waterfront). Wikipedia - [Mega-project for Abu Dhabi’s Eagle Hills in Belgrade](https://www.thenationalnews.com/business/property/mega-project-for-abu-dhabi-s-eagle-hills-in-belgrade-1.72388). The National - [Emaar boss uses Eagle Hills property firm to revive push into Africa](https://www.thenationalnews.com/business/property/emaar-boss-uses-eagle-hills-property-firm-to-revive-push-into-africa-1.114107/). The National - [Eagle Hills plans $12bn Maldives waterfront destination](https://gulfbusiness.com/en/2026/real-estate/eagle-hills-plans-12bn-maldives-waterfront-destination/). Gulf Business, Sept 2026 - [Alabbar steps down from role as chairman of Emaar](https://www.arabianbusiness.com/industries/industries-culture-society/455799-alabbar-steps-down-from-role-as-chairman-of-emaar). Arabian Business - [Emaar’s Alabbar named managing director in line with new rules](https://gulfnews.com/business/property/emaars-alabbar-named-managing-director-in-line-with-new-rules-1.1607844013404). Gulf News - [UAE developer Alabbar to invest $20bn in Syria developments](https://www.semafor.com/article/07/16/2026/uae-developer-alabbar-to-invest-20b-in-syria-developments). Semafor, 16 July 2026 - [Dubai property tycoon plans $20 billion development in Syria](https://www.bloomberg.com/news/articles/2026-07-15/dubai-property-tycoon-plans-20-billion-development-in-syria). Bloomberg, 15 July 2026 - [Eagle Hills in Georgia](https://civil.ge/archives/711355). Civil Georgia - [Crown Prince of Abu Dhabi visits Belgrade Waterfront](https://www.wam.ae/en/details/1395303203175). WAM / Abu Dhabi Media Office, 29 Sept 2023 - [Eagle Hills signs contract for Budapest redevelopment](https://www.agbi.com/construction/2025/01/eagle-hills-signs-contract-for-budapest-redevelopment/). AGBI, Jan 2025 - [Montenegro investment deal with UAE raises fears for untouched beach](https://balkaninsight.com/2025/04/23/montenegro-investment-deal-with-uae-raises-fears-for-untouched-beach/bi/). Balkan Insight, 23 Apr 2025 - [Montenegro president defies government over Emirati development deal](https://balkaninsight.com/2025/04/29/montenegro-president-defies-govt-over-emirati-development-deal/bi/). Balkan Insight, 29 Apr 2025 - [Parliament debate on the Durrës port project](https://sot.com.al/english/politike/projekti-i-portit-te-durresit-shkakton-debate-te-forta-ne-kuvend-rama-p-i551583). Sot.com.al, Nov 2022 - [Cranes, capital and coercion: Belgrade’s real estate boom](https://turningpointmag.org/2026/09/02/cranes-capital-and-coercion-the-dark-side-of-belgrades-real-estate-boom/). Turning Point, Sept 2026 - [After a series of controversial projects, Eagle Hills sets its sights on Georgia](https://oc-media.org/after-a-series-of-controversial-projects-eagle-hills-sets-its-sights-on-georgia/). OC Media, Nov 2025 - [European Commission monitoring Port of Durrës deal](https://exit.al/en/european-commission-monitoring-port-of-durres-deal/). Exit News - [Constitutional Court rejects appeal against Durrës tourist port project](https://euronews.al/en/constitutional-court-rejects-the-dps-appeal-against-durres-tourist-port-project/). Euronews Albania, Feb 2025 - [Rules or deals: the EU’s challenge in regulating corrosive capital in the Western Balkans](https://carnegieendowment.org/research/2025/12/rules-or-deals-the-eus-challenge-in-regulating-corrosive-capital-in-the-western-balkans). Carnegie Endowment, Dec 2025 - [Eagle Hills signs Dh300m financing facility](https://gulfnews.com/business/property/eagle-hills-signs-dh300m-financing-facility-1.2078455). Gulf News - [Eagle Hills Maldives (sales site)](https://eaglehillsmaldives.com). Eagle Hills - [Belgrade Waterfront protesters renew resignation demands over demolitions](https://balkaninsight.com/2016/07/13/belgrade-waterfront-protesters-renew-resignations-demands-over-demolitions-07-12-2016/). Balkan Insight, July 2016 - [Eagle Hills launches $2.5bn superyacht port project in Albania](https://www.intellinews.com/eagle-hills-launches-2-5bn-superyacht-port-project-in-albania-despite-fierce-opposition-263836/). bne IntelliNews, Nov 2022 - [Hungarian government backs out of Budapest project](https://www.property-forum.eu/news/hungarian-govt-backs-out-of-maxi-dubai-project-in-budapest/19532). Property Forum - [Budapest pulls plug on Eagle Hills project](https://enterpriseam.com/uae/2025/02/07/budapest-pulls-plug-on-eagle-hills-mini-dubai-project/). Enterprise AM, 7 Feb 2025 - [UAE $50bn real estate investment in Syria](https://www.arabianbusiness.com/real-estate/uae-50bn-investment-real-estate-syria). Arabian Business, May 2026 - [Eagle Hills plans major projects in Damascus and Latakia](https://syrianobserver.com/society/uaes-eagle-hills-plans-major-projects-in-damascus-and-lattakia-worth-more-than-50-billion.html). Syrian Observer, May 2026 - [Eagle Hills expands its European portfolio with development in Rome](https://eaglehills.com/eagle-hills-expands-its-european-portfolio-with-landmark-mixed-use-development-in-rome/). Eagle Hills (press release) - [Trump and Kushner’s Serbia hotel project](https://www.nytimes.com/2025/01/24/us/politics/trump-kushner-serbia-hotel.html). The New York Times, 24 Jan 2025 - [“Not an inch sold”: the Eagle Hills deal and the foreign ownership question](https://maldivesindependent.com/explainer/not-an-inch-sold-the-eagle-hills-deal-and-the-foreign-ownership-question-d77f). Maldives Independent (Ahmed Naish), 23 Sept 2026 - [President on Ras Malé and Eagle Hills](https://atolltimes.mv/post/business/17253). Atoll Times - [Rasmalé fallout](https://maldivesindependent.com/news-in-brief/rasmal-fallout-expat-assault-and-soneva-sale-9e5c). Maldives Independent, 26 Sept 2026 - [Minister sets out Eagle Hills terms](https://edition.mv/news/54326). Edition.mv - [Serbia: information about demolished neighbourhood still lacking](https://www.occrp.org/en/news/serbia-information-about-demolished-neighborhood-still-lacking). OCCRP - [UAE’s Eagle Hills Belgrade project faces protests](https://www.constructionweekonline.com/business/article-39864-uaes-eagle-hills-belgrade-project-face-protests). Construction Week - [Parliament approves the port project after 14 hours of debate](https://sot.com.al/english/politike/kuvendi-miraton-pas-14-ore-debatesh-me-76-vota-pro-projektin-per-portin-i551785). Sot.com.al - [Montenegro’s president enacts investment deal with UAE](https://seenews.com/news/montenegros-president-enacts-investment-deal-with-uae-1276707). SeeNews, June 2025 - [Dubai, Abu Dhabi property firms eye $12 billion Maldives project](https://www.bloomberg.com/news/articles/2026-09-21/dubai-abu-dhabi-property-firms-eye-12-billion-maldives-project). Bloomberg, 21 Sept 2026 - [Eagle Hills signs $12 billion Maldives waterfront deal](https://gulfnews.com/business/property/eagle-hills-signs-12-billion-maldives-waterfront-deal-1.500682175). Gulf News, Sept 2026 - [Commercial terms, foreign leaseholds and felled figs](https://maldivesindependent.com/news-in-brief/commercial-terms-foreign-leaseholds-and-felled-figs-f6bd). Maldives Independent, Sept 2026 ## Recent coverage - [Ramhan Island keeps foreign money in Abu Dhabi for years, not nights. Ras Malé can do the same](https://www.goodmorningmaldives.com/news/ramhan-island-ras-male-two-markets-diversification) — 2026-10-28, Economy & Markets — Ramhan Island shows how property keeps foreign money in a country for years: buyers pay before homes are built, owners and tenants spend all year, and every resale pays again. In 2026 Abu Dhabi property grew as hotels fell. Ras Malé could give the Maldives that second engine. - [The passport ban and Rasmalé: how the law holds its ground](https://www.goodmorningmaldives.com/news/muththalib-passport-ban-rasmale-how-law-holds-its-ground) — 2026-10-13, Government & Parliament — 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. --- Canonical URL: https://www.goodmorningmaldives.com/entities/eagle-hills Source: Good Morning Maldives. Cite the canonical URL when quoting.