Eagle Hills to develop $272m Mother of the Nation City in Abu Dhabi

Abu Dhabi, UAE: UAE-based developer Eagle Hills has signed a memorandum of understanding (MoU) with the Endowments and Minors’ Funds Authority (Awqaf Abu Dhabi) to develop a commercial project valued at $272.2 million (AED1 billion), supporting the ‘Mother of the Nation Endowment for Orphans’ initiative.

The project represents a significant step in advancing sustainable endowment (waqf) models in the UAE, aimed at creating long-term funding mechanisms that support vulnerable segments of society while reinforcing social cohesion and resilience.

The development is designed to generate sustainable financial returns, which will be allocated to the “Mother of the Nation Endowment for Orphans” campaign. The initiative was launched by Awqaf Abu Dhabi under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

By establishing a stable and scalable endowment structure, the project seeks to ensure consistent funding for programmes that support orphans across the country, contributing to their wellbeing and long-term development.

Under the agreement, Eagle Hills will be responsible for the development and delivery of the project, ensuring it generates ongoing returns to fund key areas such as education, healthcare and quality of life for beneficiaries.

The initiative highlights the growing role of real estate in supporting social impact investments, aligning commercial development with national humanitarian objectives and sustainable growth strategies.

Mohamed Alabbar, Chairman of Eagle Hills, said:

We believe in the importance of supporting national initiatives that invest in people and create lasting impact within society.

This agreement reflects our commitment to developing high-quality projects that generate sustainable endowment returns, contributing to empowering orphans and providing them with better opportunities in education and life, in line with the UAE’s vision for sustainable development and social cohesion,

he stated.

Advancing Abu Dhabi’s endowment ecosystem

The project also reflects Awqaf Abu Dhabi’s strategy to enhance the performance and impact of endowment assets through strategic partnerships with leading developers.

Abdul Hamid Mohammed Saeed, Chairman of Awqaf Abu Dhabi, said:

This agreement marks an important milestone in advancing the endowment ecosystem in the Emirate of Abu Dhabi by leveraging high-impact partnerships to deliver endowment projects with sustainable economic and social value.

The ‘Mother of the Nation City’ project reflects our commitment to maximising returns from endowment assets and directing them towards supporting the most vulnerable groups, particularly orphans, in a way that ensures resource sustainability and enhances quality of life,

he added.

The development of ‘Mother of the Nation City’ demonstrates how real estate can serve as a catalyst for long-term social impact, combining commercial viability with humanitarian objectives.

By integrating sustainable funding mechanisms with high-quality development, the project is expected to play a key role in strengthening Abu Dhabi’s position as a leader in innovative, socially responsible urban development.