Palm Hills Developments Secures Landmark Deal for 1.87 Million Sqm Project for Saadiyat Shores
Palm Hills Developments, Egypt’s leading premium real estate developer, has officially signed a transformative agreement to launch its premier luxury project, Saadiyat Shores.
Spanning a massive 1.87 million square meter beachfront plot directly facing Abu Dhabi’s prestigious Saadiyat Island, this mega-development marks the company’s highly anticipated international expansion into the UAE market.
The landmark deal was formalized with Wave Seven Investment through Palm Hills’ specialized subsidiary, PHD North Jubail Property Development Company. Strategically positioned to capture the global demand for luxury Gulf real estate, Saadiyat Shores by Palm Hills is projected to deliver upwards of $7 billion in total sales.
Saadiyat Island, located 500 meters off Abu Dhabi’s coast, is a cultural and luxury hub developed by the Tourism Development & Investment Company (TDIC). Spanning 27 square kilometers, it hosts iconic landmarks like the Louvre Abu Dhabi, the upcoming Zayed National Museum, and the Guggenheim Abu Dhabi. With pristine beaches and upscale resorts like The St. Regis Saadiyat Island Resort, Saadiyat is a global destination for sophisticated living. The new project’s proximity to this vibrant ecosystem enhances its appeal to investors and residents.
A New Benchmark for Luxury Living at Saadiyat Shores
Saadiyat Island stands as the unrivaled cultural and upscale resort hub of the UAE capital. The neighborhood hosts world-renowned cultural landmarks including the Louvre Abu Dhabi, the upcoming Zayed National Museum, and the Guggenheim Abu Dhabi. By establishing the Saadiyat Shores community in immediate proximity to this vibrant cultural ecosystem, Palm Hills offers future residents an elite lifestyle that perfectly blends artistic richness with coastal luxury.
The mega-project will be meticulously crafted into three interconnected, master-planned premium islands:
- Zen Island: Fully inspired by minimalist Japanese architecture and serene open layouts.
- Reef Isle: Designed to feature an exclusive luxury marina along with stunning buildings utilizing curved fluid forms.
Premium Amenities and Investment Potential
- Direct, private beach access and pristine waterfront promenades.
- Comprehensive wellness spas, high-end fitness clubs, and yoga zones.
- Beautifully landscaped green spaces, dedicated cycling tracks, and curated retail boutique spaces.
The project aligns with Abu Dhabi’s vision for sustainable urban growth and economic diversification. By introducing a large-scale development, Palm Hills will enhance the emirate’s appeal as a destination for residency and investment. Its location near Saadiyat Island ensures access to cultural landmarks, beaches, and golf courses, creating a sophisticated lifestyle. The collaboration with Wave Seven Investment highlights growing ties between Egyptian and UAE companies.
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