Emaar Founder Announces a $3.5 bn Mega Nature Island in Abu Dhabi
- Publish date: Friday، 17 February 2023
Emaar Founder shares plans for a $3.5 billionn mega nature island in Abu Dhabi
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Mohammed Alabbar, the founder of Dubai's leading developer Emaar Properties and Americana chairman, has announced plans for a new $3.5 billion mega nature island in Abu Dhabi.
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The project will be called "Ramhan Island" and will include 1,800 beach villas, 1,000 branded residences, a luxury hotel, a "world-class marina", shopping, and fine dining. A total of eight different villa designs and layouts are being introduced into the project ranging from 265 m² to 700 m².
Alabaar is developing the project through his own privately owned Eagle Hills development company.
The island where the project is to be developed is located 20 minutes from the shores of mainland Abu Dhabi and Alabaar described it as "natural, raw and untouched". He also told Arabian Business "it’s a rare thing to live on a natural island, complete with a beach – everything being truly from nature, including dolphins, turtles and birds. This is a quality of life that has never been seen before, and it is what we will be delivering."
The project is being launched three months after Alabbar launched the $2.5 billion Durres Yacht Club and Marina in Albania.
Image source: Mohammed Alabbar official website