ROYAL DEVELOPMENT COMPANY TO MANAGE AED 8 BILLION REEM HILLS PROJECTJanuary 11-2023
Royal Development Company (RDC), the UAE’s leading real estate development management firm and subsidiary of Emirates Stallions Group PJSC, have been appointed by Q Properties to manage Reem Hills, the recently launched AED 8 billion luxury residential project on Abu Dhabi’s Reem Island.
With the first phase which is due for completion in December 2024, Royal Development Company will manage the project in its entirety, leading the overall planning to implementation process, including the design management and the supervision of all contractors.
Majed Fuad Mohammed Odeh, Chief Executive Officer of Q Holding, the parent company of Q Properties, said: “As confidence in the UAE’s property sector builds momentum and shows strong growth, Reem Hills is a timely development to meet increasing demand. We are delighted to have the Royal Development Company team on board to manage the Reem Hills project on Al Reem Island through which we will deliver the upcoming peak living project located in the heart of the capital.”
Kayed Khomra, Chief Executive Officer of Emirates Stallions Group, said: “We are delighted to have been awarded the Reem Hills project management contract; this outstanding achievement showcases Royal Development Company’s continuous growth in these large-scale projects. This serves as a great example of the breadth of capabilities and expertise that RDC teams bring to our clients and confirms the trust and appreciation of our customers in our project management capacity and cutting-edge engineering.”
The Reem Hills project is located in Reem Island in the UAE’s capital, and is destined to be at the vanguard of the next stage of Abu Dhabi’s progression into sustainable living through innovative, eco-friendly design immersed with the natural landscape, all the while guaranteeing community amenities are easily accessible. An exclusive gated community, Reem Hills will showcase the UAE’s most luxurious and spacious residences.
A Q Properties development under the umbrella of Q Holding, Reem Hills is designed to allow residents to indulge their senses in a unique and luxurious environment, enjoying an escape from the pressures of today’s fast-paced life.
The development will provide sustainable living solutions that help shape the growth of Abu Dhabi, catering for a diverse population from different cultures and designing spacious luxury homes that evoke an affluent quality of life, building a firm foundation from which citizens and residents can be part of opulent lifestyles, applying environmentally aware construction and maintenance practices that work seamlessly with our everyday lives, and ultimately improve them.
Reem Hills comprises a private beach, man-made hill, islands, canal, retail and community facilities; including but not limited to: parkland and open spaces, schools, mosques, community centres, club houses, cafes and restaurants, leisure areas for walking, exercise and biking, and transport options.