Royal Development and SAAS Partner with Marriott for $435M Al Reem Luxury Project

Abu Dhabi has always had a knack for turning heads, hasn’t it? From its iconic skyline to those posh islands that seem to spring up overnight, it really knows how to catch the eye. Well, seems there’s another glittering jewel about to join the club. Royal Development Holding, part of the Emirates Stallions Group (commonly called ESG, just to save breath), is teaming up with SAAS Properties, another bigwig luxury developer based in the UAE, for a rather impressive new scheme on Al Reem Island.

At a cool 1.6 billion dirhams—that's around $435 million in old money—this swanky development is joining Marriott's Autograph Collection, famous for its stylish hotels and distinctive residences dotted around the globe. Billed as a significant first step for Royal Development Holding in the luxury market here in the UAE, the company clearly wants to show it's serious about delivering top-end projects on the local real estate scene.

Explaining a little more about their ambitions, Tariq Nazzal, general manager at Royal Development Holding, shared this in the company's press release: "Our new venture with Marriott is just the beginning of a series of luxury developments that will showcase our innovation, creativity, and craftsmanship in evolving spaces and elevating lives." Big words, but you wouldn't bet against them, looking at their portfolio.

Ahmed Al Qassimi, CEO of SAAS Properties, also chimed in, saying they're focused firmly on "enriching Abu Dhabi’s evolving skyline," whilst aiming to offer a lifestyle that reflects the company's "signature approach to luxury, design excellence, and purposeful living." Clearly no corners are being cut in their vision for what sounds like quite the impressive build.

Interestingly, just last May ESG made its own moves expanding deeper into the region. The group secured a 16-year deal for usufruct rights—a fancy bit of jargon meaning the right to use someone else's property—covering a sizeable 13,000 square metres of warehause space in Saudi Arabia. It looks like an ambitious time all around for ESG and its subsidiaries as they continue to expand their footprint not just in Abu Dhabi, but across the Gulf.

So, it looks as if Abu Dhabi's skyline is about to get yet another striking addition, with Royal Development and SAAS Properties poised to deliver a luxurious new landmark. Something tells me, Arageek readers, that the city's real estate ambitions will keep turning quite a few heads for years to come.

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