Emirates Stallions Group PJSC subsidiary, Royal Development Company (RDC), a property management firm, have been appointed by Q Properties to manage Reem Hills, the recently launched AED8 billion luxury residential project on Abu Dhabi’s Reem Island.
With the first phase due for completion in December 2024, Royal Development Company will manage the project in its entirety, leading the overall planning to the implementation process, including the design management and supervision of all contractors.
Kayed Khorma, 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.”
Majed Fuad Mohammed Odeh, Chief Executive Officer of Q Holding, the parent company of Q Properties, said, “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.”
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, clubhouses, cafes and restaurants, leisure areas for walking, exercise and biking, and transport options.
Read Also: Projects awarded during March 2022 in Gulf Countries
