{"id":10526,"date":"2016-04-13T00:00:49","date_gmt":"2016-04-12T17:00:49","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=10526"},"modified":"2016-04-12T22:13:56","modified_gmt":"2016-04-12T15:13:56","slug":"eagle-hills-in-first-uae-project-with-address-hotel-branded-resort-in-fujairah","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eagle-hills-in-first-uae-project-with-address-hotel-branded-resort-in-fujairah\/","title":{"rendered":"Eagle Hills in first UAE project with Address Hotel-branded resort in Fujairah"},"content":{"rendered":"


\n
\nThe Abu Dhabi-based developer Eagle Hills is to undertake its first project in the UAE, an Address Hotel-branded resort and serviced apartments in Fujairah.The company’s development manager, Mohammed Al Ridha, said at Cityscape Abu Dhabi on Tuesday that the resort will be built at Sharm in Fujairah, which is about 3 kilometres south of existing resorts at Al Aqah beach, and 21km south of Dibba Al Fujairah.
\nThe project is being built on a 1.2-million square feet plot of land and will contain an Address Hotel with 196 rooms, including a presidential suite and family suites, 10 five-bed villas overlooking a hotel plaza and 177 serviced apartments – 102 two-bed, 60 three-bed and 12 four-bed units – spread over five low-rise blocks.These will look out on to a 500 metre-long beach promenade, and there will be parking for 432 cars.
\nEagle Hills declined to give a development value for the project or indicative sale prices of the units, stating that these would be revealed at a later date. Mr Al Ridha said the serviced apartments would all either have “partial or full” sea views and will be managed by Emaar Hospitality Group. They will be available on a freehold basis only to Emiratis and other GCC investors.”It’s all Address-branded. It’s all serviced. You can put it back into a rental pool and we will take good care of it,” Mr Al Ridha said.
\nGrading of the site is due to begin in June, and it is expected that the main contract for the resort’s construction will begin in September or October. Eagle Hills is currently “in the process” of preparing the tender, he said.”We have all of the authorities’ approval, it’s just a matter of fixing the prices and all of that. You will see things happening there very soon,” Mr Al Ridha said, stating that the project should be ready for handover by mid-2019.
\nJaidev Menezes, the corporate director for business development at Emaar Hospitality Group, said he did not believe there was an existing development in Fujairah that was comparable to Eagle Hills’ proposed scheme.”In terms of infrastructure, in terms of the location and in terms of what they are trying to do, there’s nothing like this. There are a few other hotels that have announced and branded residences, but nothing in terms of the scale and quality is comparable.”
\nHe said that it was “only logical” for Emaar Hospitality to use the platform it had built with The Address brand in Dubai to roll out to other emirates, GCC states and overseas locations.\u200b According to a first-quarter 2016 Northern Emirates report published at the International Property Show in Dubai on Monday, demand for smaller units is growing in Fujairah. Although prices for bigger units fell back slightly during the quarter, one-bed apartments increased in price by 30 per cent, and currently cost between Dh25,000 and Dh35,000 per year to rent.
\nmfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Eagle Hills in first UAE project with Address Hotel-branded resort in Fujairah<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Abu Dhabi-based developer Eagle Hills is to undertake its first project in the...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10526","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2JM","jetpack-related-posts":[{"id":57518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/eagle-hills-to-build-new-hotel-and-gated-community-in-fujairah\/","url_meta":{"origin":10526,"position":0},"title":"Eagle Hills to build new hotel and gated community in Fujairah","date":"June 11, 2017","format":false,"excerpt":"\r Eagle Hills has announced plans to build its second five-star hotel in Fujairah.The Abu Dhabi-based developer, which is already building The Address Fujairah Resort + Spa, has said that it will also open the Palace Fujairah Beach hotel. Both are being managed by Emaar Hospitality Group's Address Hotels &\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11340,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-open-35-new-hotels\/","url_meta":{"origin":10526,"position":1},"title":"Emaar to open 35 new hotels","date":"April 25, 2016","format":false,"excerpt":"\r Dubai's Emaar Hospitality Group expects to open 35 hotels and serviced residences within about five years as it expands at home and abroad. The new hotels will encompass its luxury Address Hotels and Resorts brand and the upscale Vida Hotels and Resorts as well as the midscale Rove Hotels.They\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emaar-to-open-35-new-hotels-in-next-five-years\/","url_meta":{"origin":10526,"position":2},"title":"Emaar to open 35 new hotels in next five years","date":"April 25, 2016","format":false,"excerpt":"\r Dubai's Emaar Hospitality Group expects to open 35 hotels and serviced residences within about five years as it expands at home and abroad. The new hotels will encompass its luxury Address Hotels and Resorts brand and the upscale Vida Hotels and Resorts as well as the midscale Rove Hotels.They\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/minor-hotels-announces-launch-of-avani-fujairah-resort-in-2028-in-uae-first\/","url_meta":{"origin":10526,"position":3},"title":"Minor Hotels announces launch of Avani+ Fujairah Resort in 2028 in UAE first","date":"April 24, 2025","format":false,"excerpt":"\r The new-build resort will feature 232 hotel rooms and 16 villas with three to five bedrooms\r \r Source : arabianbusiness.com\r Read more...Minor Hotels announces launch of Avani+ Fujairah Resort in 2028 in UAE first","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/Minor-Hotels-has-signed-an-agreement-with-Al-Fahim-Group-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":150991,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indigo-announces-launch-of-new-daily-flights-from-fujairah-to-mumbai-kannur\/","url_meta":{"origin":10526,"position":4},"title":"IndiGo announces launch of new daily flights from Fujairah to Mumbai, Kannur","date":"April 12, 2025","format":false,"excerpt":"\r The new routes represent IndiGo's fifth destination in the UAE, adding to its existing services to Abu Dhabi, Dubai, Ras Al Khaimah and Sharjah\r \r Source : arabianbusiness.com\r Read more...IndiGo announces launch of new daily flights from Fujairah to Mumbai, Kannur","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/04\/Fujairah-International-Airport-IndiGo-launch-daily-flights-to-Mumbai-Kannur-starting-May-15-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":51334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/abu-dhabi-developer-bloom-properties-starts-leasing-apartments-at-al-bateen-project\/","url_meta":{"origin":10526,"position":5},"title":"Abu Dhabi developer Bloom Properties starts leasing apartments at Al Bateen project","date":"April 8, 2017","format":false,"excerpt":"\r Bloom Properties has begun leasing new residential apartments at Bloom Residences, a 225-apartment project that is part of Bloom Marina in Abu Dhabi's Al Bateen area. The company said that the units available for lease are in two new buildings next to the Edition hotel, which is set to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10526"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10526"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10526\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}