Royal Development Company (RDC), a subsidiary of Emirates Stallion Group (ESG), the UAE’s leading property management firm, has been appointed by Q Properties, to manage its recently launched $2.2 billion luxury residential project, Reem Hills in Abu Dhabi.
As per the agreement, RDC will manage the overall project, with the first phase due for completion in December 2024, leading the overall planning to the implementation process, including the design management and supervision of all contractors.
Reem Hills will span 1.8 million sqm of pristine land on Abu Dhabi’s Reem Island. It 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 in the natural landscape, all the while guaranteeing community amenities are easily accessible.
“We are delighted to have been awarded the Reem Hills project management contract, this outstanding achievement showcases RDC’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.”
Reem Hills features a private beach, man-made hill, islands, canal, retail, and community facilities; including but not limited to parkland and open spaces, schools, mosques, community centers, clubhouses, cafes and restaurants, leisure areas for walking, exercise and biking, and transport options.
Mr. Majed Fuad Mohammed Odeh, CEO of Q Holding, the parent company of Q Properties, said that “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 thrilled 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 upper echelon of opulent lifestyle located right in the heart of the capital.”