{"$schema":"https://www.goodmorningmaldives.com/schemas/entity-record/1","schemaVersion":"1.0","provenance":"independent","publisher":"Good Morning Maldives","notice":"Independent record compiled and graded by the Good Morning Maldives newsroom. It contains no company-supplied press-room material; any company press room is published separately and is never merged into this record.","generatedAt":"2026-10-22T20:59:45.339Z","citation":"Good Morning Maldives, \"Eagle Hills\", independent record (graded), retrieved 23 October 2026, www.goodmorningmaldives.com/entities/eagle-hills","entity":{"name":"Eagle Hills","legalName":null,"type":"Company","url":"https://www.goodmorningmaldives.com/entities/eagle-hills","website":"https://www.eaglehills.com","sameAs":["https://www.eaglehills.com"],"established":"2014-01-01","dissolved":null},"lastReviewed":"2026-09-27","recordRevision":null,"revisions":[],"grades":{"C":"Confirmed: primary document, official statement or two independent outlets","R":"Reported: one reputable outlet, not independently confirmed","CL":"Claimed: stated by the company, a government or an interested party","D":"Disputed: sources conflict"},"keyFacts":[{"id":"what-it-is-1","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-what-it-is-1","label":"What it is","value":"A privately held real estate investment and development company building large mixed-use, waterfront and urban-regeneration districts.","asOf":null,"grade":"C","sources":[1]},{"id":"headquarters-2","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-headquarters-2","label":"Headquarters","value":"Abu Dhabi, United Arab Emirates.","asOf":null,"grade":"C","sources":[1]},{"id":"founded-3","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-founded-3","label":"Founded","value":"January 2014, when Mohamed Alabbar presented the Belgrade Waterfront plan on its behalf.","asOf":null,"grade":"C","sources":[1,6]},{"id":"founder-and-chairman-4","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-founder-and-chairman-4","label":"Founder and chairman","value":"Mohamed Ali Alabbar, born 8 November 1956 in Dubai.","asOf":null,"grade":"C","sources":[1,2]},{"id":"relationship-to-emaar-5","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-relationship-to-emaar-5","label":"Relationship to Emaar","value":"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.","asOf":null,"grade":"C","sources":[1,3,4]},{"id":"listing-6","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-listing-6","label":"Listing","value":"Not listed. Alabbar said in September 2026 that an IPO “was not on the table”.","asOf":null,"grade":"R","sources":[5]},{"id":"footprint-7","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-footprint-7","label":"Footprint","value":"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.","asOf":null,"grade":"D","sources":[4,5,7,8]},{"id":"hotels-8","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-hotels-8","label":"Hotels","value":"Between 35 and 45 depending on the source: “more than 35” (Arabian Business), 38 across six countries (company), 45 (Maldives ministry release).","asOf":null,"grade":"D","sources":[4,9,10]},{"id":"in-the-maldives-9","url":"https://www.goodmorningmaldives.com/entities/eagle-hills#fact-in-the-maldives-9","label":"In the Maldives","value":"The Maldives Waterfront and Marina project: 500 ha of Ras Malé under a commercial terms agreement signed on 21 September 2026.","asOf":null,"grade":"C","sources":[3,4]}],"vessels":[],"registrations":[],"people":[],"timeline":[{"id":"al-maabar-is-formed-10","date":"2007-01-01","precision":"year","title":"Al Maabar is formed","body":"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.","place":"Abu Dhabi","grade":"C","sources":[12,13]},{"id":"eagle-hills-emerges-11","date":"2014-01-01","precision":"month","title":"Eagle Hills emerges","body":"Alabbar and Aleksandar Vučić, then deputy prime minister of Serbia, unveil the Belgrade Waterfront master plan.","place":"Belgrade","grade":"C","sources":[6,11]},{"id":"al-maabar-absorbed-12","date":"2015-01-01","precision":"year","title":"Al Maabar absorbed","body":"The National reports that Eagle Hills merged with and absorbed Al Maabar as a subsidiary.","place":"Abu Dhabi","grade":"C","sources":[12,13]},{"id":"belgrade-joint-venture-signed-13","date":"2015-04-01","precision":"month","title":"Belgrade joint venture signed","body":"Signed under a lex specialis; Eagle Hills holds 68%, the Republic of Serbia 32%.","place":"Belgrade","grade":"C","sources":[11,12,25]},{"id":"savamala-demolitions-14","date":"2016-04-01","precision":"month","title":"Savamala demolitions","body":"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.","place":"Belgrade","grade":"C","sources":[32,44,45]},{"id":"sharjah-and-addis-ababa-15","date":"2018-01-01","precision":"year","title":"Sharjah and Addis Ababa","body":"Maryam Island and Kalba Waterfront launched with Shurooq (50:50); La Gare launched in Addis Ababa.","place":"Sharjah · Addis Ababa","grade":"C","sources":[1]},{"id":"alabbar-moves-to-emaar-managing-director-16","date":"2020-12-01","precision":"month","title":"Alabbar moves to Emaar managing director","body":"He steps down as Emaar chairman to comply with UAE governance rules.","place":"Dubai","grade":"C","sources":[15,16]},{"id":"durres-yachts-marina-launched-17","date":"2022-11-01","precision":"month","title":"Durrës Yachts & Marina launched","body":"Approved by Albania’s Parliament through an accelerated procedure.","place":"Durrës","grade":"C","sources":[27,33]},{"id":"crown-prince-of-abu-dhabi-in-belgrade-18","date":"2023-09-01","precision":"month","title":"Crown Prince of Abu Dhabi in Belgrade","body":"Sheikh Khaled bin Mohamed bin Zayed tours Belgrade Waterfront with President Vučić and Prime Minister Orbán.","place":"Belgrade","grade":"C","sources":[20]},{"id":"ras-male-reclamation-begins-19","date":"2023-12-01","precision":"month","title":"Ras Malé reclamation begins","body":"Reclamation in the Fushi Dhiggaru lagoon is launched on 18 December 2023.","place":"Maldives","grade":"C","sources":[40]},{"id":"mandarin-oriental-muscat-opens-20","date":"2024-06-01","precision":"month","title":"Mandarin Oriental Muscat opens","body":"A joint development in Oman.","place":"Muscat","grade":"C","sources":[1]},{"id":"budapest-tbilisi-belgrade-expansion-21","date":"2025-01-01","precision":"month","title":"Budapest, Tbilisi, Belgrade expansion","body":"Purchase agreement for Rákosrendező in Budapest; Tbilisi Waterfront and Gonio announced; a major Belgrade expansion reported at $12.4bn.","place":"Budapest · Tbilisi · Belgrade","grade":"C","sources":[11,19,21]},{"id":"budapest-cancelled-durres-upheld-22","date":"2025-02-01","precision":"month","title":"Budapest cancelled; Durrës upheld","body":"Budapest city exercises a pre-emption right and the project is cancelled. Albania’s Constitutional Court rejects a challenge to the Durrës law.","place":"Budapest · Durrës","grade":"C","sources":[28,34,35]},{"id":"montenegro-agreements-ratified-23","date":"2025-06-01","precision":"month","title":"Montenegro agreements ratified","body":"After a presidential veto and a second parliamentary vote.","place":"Podgorica","grade":"C","sources":[22,23,47]},{"id":"georgia-gathers-pace-24","date":"2025-09-01","precision":"year","title":"Georgia gathers pace","body":"UAE President Sheikh Mohamed bin Zayed leads a delegation to Georgia; the Tbilisi showroom opens in October.","place":"Tbilisi","grade":"C","sources":[19,26]},{"id":"syria-plans-presented-25","date":"2026-05-01","precision":"month","title":"Syria plans presented","body":"Damascus (Dummar) and Latakia; reported at $20bn+ (Bloomberg) to $50bn+ (Arabian Business). Preliminary.","place":"Damascus · Latakia","grade":"R","sources":[17,36,37]},{"id":"maldives-agreement-signed-26","date":"2026-09-21","precision":"day","title":"Maldives agreement signed","body":"Commercial terms agreement for the Maldives Waterfront and Marina, signed in Dubai.","place":"Dubai","grade":"C","sources":[3,4]},{"id":"construction-target-27","date":"2027-01-01","precision":"year","title":"Construction target","body":"Construction start targeted for the first quarter of 2027, according to Zawya citing the Maldives Independent.","place":"Ras Malé","grade":"R","sources":[14,40]}],"sources":[{"number":1,"title":"Eagle Hills Properties","outlet":"Wikipedia","date":null,"url":"https://en.wikipedia.org/wiki/Eagle_Hills_Properties"},{"number":2,"title":"Mohamed Alabbar","outlet":"Wikipedia","date":null,"url":"https://en.wikipedia.org/wiki/Mohamed_Alabbar"},{"number":3,"title":"Eagle Hills signs commercial terms agreement with the Government of Maldives","outlet":"Eagle Hills (press release)","date":"21 Sept 2026","url":"https://eaglehills.com/eagle-hills-signs-commercial-terms-agreement-with-the-government-of-maldives-for-new-global-destination-maldives-waterfront-and-marina/"},{"number":4,"title":"Abu Dhabi’s Eagle Hills signs Maldives Waterfront and Marina deal","outlet":"The National","date":"21 Sept 2026","url":"https://www.thenationalnews.com/business/property/2026/09/21/abu-dhabis-eagle-hills-signs-20bn-maldives-waterfront-and-marina-deal/"},{"number":5,"title":"Alabbar interview: IPO, projects outside the UAE","outlet":"Khaleej Times","date":"Sept 2026","url":"https://www.khaleejtimes.com/business/current-regional-situation-not-sustainable-says-dubai-billionaire-alabbar"},{"number":6,"title":"Inside the Belgrade Waterfront project","outlet":"Forbes (Wade Shepard)","date":"2016","url":"https://www.forbes.com/sites/wadeshepard/2016/12/08/inside-abu-dhabis-bad-joke-the-belgrade-waterfront-project/"},{"number":7,"title":"Abu Dhabi-based Eagle Hills lands in the Maldives","outlet":"Semafor","date":"22 Sept 2026","url":"https://www.semafor.com/article/09/22/2026/abu-dhabi-based-eagle-hills-lands-in-the-maldives"},{"number":8,"title":"Our projects","outlet":"Eagle Hills","date":null,"url":"https://eaglehills.com/our-projects/"},{"number":9,"title":"Eagle Hills to join $215m renovation of Venice hotel","outlet":"Arabian Business","date":null,"url":"https://www.arabianbusiness.com/abnews/abu-dhabis-eagle-hills-to-join-215m-renovation-of-iconic-venice-hotel"},{"number":10,"title":"Bvlgari Hotels & Resorts sign agreement with Eagle Hills (Abu Dhabi, 2030)","outlet":"Eagle Hills (press release)","date":null,"url":"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/"},{"number":11,"title":"Belgrade Waterfront","outlet":"Wikipedia","date":null,"url":"https://en.wikipedia.org/wiki/Belgrade_Waterfront"},{"number":12,"title":"Mega-project for Abu Dhabi’s Eagle Hills in Belgrade","outlet":"The National","date":null,"url":"https://www.thenationalnews.com/business/property/mega-project-for-abu-dhabi-s-eagle-hills-in-belgrade-1.72388"},{"number":13,"title":"Emaar boss uses Eagle Hills property firm to revive push into Africa","outlet":"The National","date":null,"url":"https://www.thenationalnews.com/business/property/emaar-boss-uses-eagle-hills-property-firm-to-revive-push-into-africa-1.114107/"},{"number":14,"title":"Eagle Hills plans $12bn Maldives waterfront destination","outlet":"Gulf Business","date":"Sept 2026","url":"https://gulfbusiness.com/en/2026/real-estate/eagle-hills-plans-12bn-maldives-waterfront-destination/"},{"number":15,"title":"Alabbar steps down from role as chairman of Emaar","outlet":"Arabian Business","date":null,"url":"https://www.arabianbusiness.com/industries/industries-culture-society/455799-alabbar-steps-down-from-role-as-chairman-of-emaar"},{"number":16,"title":"Emaar’s Alabbar named managing director in line with new rules","outlet":"Gulf News","date":null,"url":"https://gulfnews.com/business/property/emaars-alabbar-named-managing-director-in-line-with-new-rules-1.1607844013404"},{"number":17,"title":"UAE developer Alabbar to invest $20bn in Syria developments","outlet":"Semafor","date":"16 July 2026","url":"https://www.semafor.com/article/07/16/2026/uae-developer-alabbar-to-invest-20b-in-syria-developments"},{"number":18,"title":"Dubai property tycoon plans $20 billion development in Syria","outlet":"Bloomberg","date":"15 July 2026","url":"https://www.bloomberg.com/news/articles/2026-07-15/dubai-property-tycoon-plans-20-billion-development-in-syria"},{"number":19,"title":"Eagle Hills in Georgia","outlet":"Civil Georgia","date":null,"url":"https://civil.ge/archives/711355"},{"number":20,"title":"Crown Prince of Abu Dhabi visits Belgrade Waterfront","outlet":"WAM / Abu Dhabi Media Office","date":"29 Sept 2023","url":"https://www.wam.ae/en/details/1395303203175"},{"number":21,"title":"Eagle Hills signs contract for Budapest redevelopment","outlet":"AGBI","date":"Jan 2025","url":"https://www.agbi.com/construction/2025/01/eagle-hills-signs-contract-for-budapest-redevelopment/"},{"number":22,"title":"Montenegro investment deal with UAE raises fears for untouched beach","outlet":"Balkan Insight","date":"23 Apr 2025","url":"https://balkaninsight.com/2025/04/23/montenegro-investment-deal-with-uae-raises-fears-for-untouched-beach/bi/"},{"number":23,"title":"Montenegro president defies government over Emirati development deal","outlet":"Balkan Insight","date":"29 Apr 2025","url":"https://balkaninsight.com/2025/04/29/montenegro-president-defies-govt-over-emirati-development-deal/bi/"},{"number":24,"title":"Parliament debate on the Durrës port project","outlet":"Sot.com.al","date":"Nov 2022","url":"https://sot.com.al/english/politike/projekti-i-portit-te-durresit-shkakton-debate-te-forta-ne-kuvend-rama-p-i551583"},{"number":25,"title":"Cranes, capital and coercion: Belgrade’s real estate boom","outlet":"Turning Point","date":"Sept 2026","url":"https://turningpointmag.org/2026/09/02/cranes-capital-and-coercion-the-dark-side-of-belgrades-real-estate-boom/"},{"number":26,"title":"After a series of controversial projects, Eagle Hills sets its sights on Georgia","outlet":"OC Media","date":"Nov 2025","url":"https://oc-media.org/after-a-series-of-controversial-projects-eagle-hills-sets-its-sights-on-georgia/"},{"number":27,"title":"European Commission monitoring Port of Durrës deal","outlet":"Exit News","date":null,"url":"https://exit.al/en/european-commission-monitoring-port-of-durres-deal/"},{"number":28,"title":"Constitutional Court rejects appeal against Durrës tourist port project","outlet":"Euronews Albania","date":"Feb 2025","url":"https://euronews.al/en/constitutional-court-rejects-the-dps-appeal-against-durres-tourist-port-project/"},{"number":29,"title":"Rules or deals: the EU’s challenge in regulating corrosive capital in the Western Balkans","outlet":"Carnegie Endowment","date":"Dec 2025","url":"https://carnegieendowment.org/research/2025/12/rules-or-deals-the-eus-challenge-in-regulating-corrosive-capital-in-the-western-balkans"},{"number":30,"title":"Eagle Hills signs Dh300m financing facility","outlet":"Gulf News","date":null,"url":"https://gulfnews.com/business/property/eagle-hills-signs-dh300m-financing-facility-1.2078455"},{"number":31,"title":"Eagle Hills Maldives (sales site)","outlet":"Eagle Hills","date":null,"url":"https://eaglehillsmaldives.com"},{"number":32,"title":"Belgrade Waterfront protesters renew resignation demands over demolitions","outlet":"Balkan Insight","date":"July 2016","url":"https://balkaninsight.com/2016/07/13/belgrade-waterfront-protesters-renew-resignations-demands-over-demolitions-07-12-2016/"},{"number":33,"title":"Eagle Hills launches $2.5bn superyacht port project in Albania","outlet":"bne IntelliNews","date":"Nov 2022","url":"https://www.intellinews.com/eagle-hills-launches-2-5bn-superyacht-port-project-in-albania-despite-fierce-opposition-263836/"},{"number":34,"title":"Hungarian government backs out of Budapest project","outlet":"Property Forum","date":null,"url":"https://www.property-forum.eu/news/hungarian-govt-backs-out-of-maxi-dubai-project-in-budapest/19532"},{"number":35,"title":"Budapest pulls plug on Eagle Hills project","outlet":"Enterprise AM","date":"7 Feb 2025","url":"https://enterpriseam.com/uae/2025/02/07/budapest-pulls-plug-on-eagle-hills-mini-dubai-project/"},{"number":36,"title":"UAE $50bn real estate investment in Syria","outlet":"Arabian Business","date":"May 2026","url":"https://www.arabianbusiness.com/real-estate/uae-50bn-investment-real-estate-syria"},{"number":37,"title":"Eagle Hills plans major projects in Damascus and Latakia","outlet":"Syrian Observer","date":"May 2026","url":"https://syrianobserver.com/society/uaes-eagle-hills-plans-major-projects-in-damascus-and-lattakia-worth-more-than-50-billion.html"},{"number":38,"title":"Eagle Hills expands its European portfolio with development in Rome","outlet":"Eagle Hills (press release)","date":null,"url":"https://eaglehills.com/eagle-hills-expands-its-european-portfolio-with-landmark-mixed-use-development-in-rome/"},{"number":39,"title":"Trump and Kushner’s Serbia hotel project","outlet":"The New York Times","date":"24 Jan 2025","url":"https://www.nytimes.com/2025/01/24/us/politics/trump-kushner-serbia-hotel.html"},{"number":40,"title":"“Not an inch sold”: the Eagle Hills deal and the foreign ownership question","outlet":"Maldives Independent (Ahmed Naish)","date":"23 Sept 2026","url":"https://maldivesindependent.com/explainer/not-an-inch-sold-the-eagle-hills-deal-and-the-foreign-ownership-question-d77f"},{"number":41,"title":"President on Ras Malé and Eagle Hills","outlet":"Atoll Times","date":null,"url":"https://atolltimes.mv/post/business/17253"},{"number":42,"title":"Rasmalé fallout","outlet":"Maldives Independent","date":"26 Sept 2026","url":"https://maldivesindependent.com/news-in-brief/rasmal-fallout-expat-assault-and-soneva-sale-9e5c"},{"number":43,"title":"Minister sets out Eagle Hills terms","outlet":"Edition.mv","date":null,"url":"https://edition.mv/news/54326"},{"number":44,"title":"Serbia: information about demolished neighbourhood still lacking","outlet":"OCCRP","date":null,"url":"https://www.occrp.org/en/news/serbia-information-about-demolished-neighborhood-still-lacking"},{"number":45,"title":"UAE’s Eagle Hills Belgrade project faces protests","outlet":"Construction Week","date":null,"url":"https://www.constructionweekonline.com/business/article-39864-uaes-eagle-hills-belgrade-project-face-protests"},{"number":46,"title":"Parliament approves the port project after 14 hours of debate","outlet":"Sot.com.al","date":null,"url":"https://sot.com.al/english/politike/kuvendi-miraton-pas-14-ore-debatesh-me-76-vota-pro-projektin-per-portin-i551785"},{"number":47,"title":"Montenegro’s president enacts investment deal with UAE","outlet":"SeeNews","date":"June 2025","url":"https://seenews.com/news/montenegros-president-enacts-investment-deal-with-uae-1276707"},{"number":48,"title":"Dubai, Abu Dhabi property firms eye $12 billion Maldives project","outlet":"Bloomberg","date":"21 Sept 2026","url":"https://www.bloomberg.com/news/articles/2026-09-21/dubai-abu-dhabi-property-firms-eye-12-billion-maldives-project"},{"number":49,"title":"Eagle Hills signs $12 billion Maldives waterfront deal","outlet":"Gulf News","date":"Sept 2026","url":"https://gulfnews.com/business/property/eagle-hills-signs-12-billion-maldives-waterfront-deal-1.500682175"},{"number":50,"title":"Commercial terms, foreign leaseholds and felled figs","outlet":"Maldives Independent","date":"Sept 2026","url":"https://maldivesindependent.com/news-in-brief/commercial-terms-foreign-leaseholds-and-felled-figs-f6bd"}],"distributions":{"json":"https://www.goodmorningmaldives.com/entities/eagle-hills/record.json","fleetCsv":null,"registrationsCsv":null,"footprintCsv":"https://www.goodmorningmaldives.com/entities/eagle-hills/footprint.csv"}}