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Royal Development Holding, a subsidiary of Emirates Stallions Group, has announced its first major real estate venture by partnering with UAE-based developer SAAS Properties to launch a landmark USD 435 million (AED 1.6 billion) branded residence development on Al Reem Island, one of Abu Dhabi’s most prestigious and sought-after communities.
The USD 435 million (AED 1.6 billion) project will feature branded residences, targeting high-net-worth individuals and investors seeking exclusive, luxury living options on Al Reem Island. The development aims to combine premium design, world-class amenities, and strategic location benefits, further elevating Abu Dhabi’s status as a thriving luxury real estate hub.
Al Reem Island is renowned for its modern infrastructure, waterfront views, and proximity to key business districts, making it a prime location for upscale residential projects favored by both local and international buyers.
Royal Development Holding’s partnership with SAAS Properties, a leading UAE developer with extensive experience in luxury real estate, underscores a shared vision of quality, innovation, and market leadership.
A spokesperson for Royal Development Holding stated: "We are excited to announce this partnership with SAAS Properties as we embark on our journey to shape Abu Dhabi’s real estate landscape. This USD 435 million project reflects our commitment to delivering outstanding residential experiences that meet the highest standards of luxury and sophistication."
The timing of this project launch, just days after Royal Development Holding’s inception, demonstrates the company’s readiness and strategic focus to rapidly establish itself in the competitive Abu Dhabi market. The collaboration brings together Royal Development Holding’s strong financial backing from Emirates Stallions Group and SAAS’s proven development expertise.
Market analysts expect the project to attract discerning investors and end-users drawn to branded residences offering a blend of lifestyle, security, and investment value.
Abu Dhabi continues to attract significant real estate investments supported by government initiatives promoting tourism, infrastructure development, and sustainable urban growth. Projects like this branded residence on Al Reem Island contribute to the emirate’s economic diversification and enhance urban living quality.
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According to data from Dubai Land Department