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Palm Hills launches first project outside Egypt in Abu Dhabi

Businessmen Team realestates 25 May 2025 01:38 PM
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Palm Hills launches first project outside Egypt in Abu Dhabi

Palm Hills Developments has inked a deal with Wave Seven Investment Limited to develop a sprawling 1.87 million square meter plot in Abu Dhabi, offering direct views of Saadiyat Island.

The ambitious project will be spearheaded by PHD North Jubail Real Estate Development, a fully owned subsidiary of Palm Hills Developments.

Yasseen Mansour, Chairman and Group CEO of Palm Hills Developments, emphasized the significance of this venture, marking the company's first foray outside of Egypt. He highlighted Abu Dhabi's "exceptional real estate environment and future aspirations," noting that these are bolstered by "ongoing government initiatives that continue to attract foreign investment and bolster strong demand."