Palm Hills signs deal to develop 1.87mln sqm near Abu Dhabi's Saadiyat Island

The project will be carried out by PHD North Jubail Property Development Company, a wholly-owned subsidiary of Palm Hills

Staff Writer, Arab Finance

May 26, 2025

PHOTO

Palm Hills Development has signed an agreement with Wave Seven Investment RSC Ltd. to develop a 1.87 million-square-meter land plot in Abu Dhabi, adjacent to Saadiyat Island, as per a press release.

The project will be carried out by PHD North Jubail Property Development Company, a wholly-owned subsidiary of Palm Hills.

The site is located near major landmarks, including the Louvre Abu Dhabi, Yas Island, and Reem Island.

This marks Palm Hills’ first development outside Egypt.

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