Unveiling the “Radisson Residences Al Reem Island” with 1.2 Billion Dirhams

Royal Development Holding, a subsidiary of the ESG Stallions Group listed on the Abu Dhabi Securities Exchange, has announced a significant addition to its portfolio of branded residential projects: the Radisson Residences on Al Reem Island.

This project is inspired by the mangrove trees found in Abu Dhabi, making it the first standalone residential development under the Radisson brand globally, reinforcing Abu Dhabi’s status as a regional and international hub for branded real estate projects.

Valued at 1.2 billion AED, the project is a result of a strategic partnership between Royal Development Holding and Radisson Hotels Group. It will consist of three towers, each featuring a waterfront promenade, a ground floor, four podium levels, a floor dedicated to amenities, and 24 residential floors. The development will offer a varied mix of residential units.

According to Tareq Nazzal, CEO of Royal Development Holding, the Radisson Residences on Al Reem Island represents an exceptional opportunity for those seeking uniqueness, being the first independent residential project under the Radisson brand globally. It is set for completion by the end of 2027, marking another milestone in Royal Development Holding’s commitment to creating distinguished residential communities in the UAE and beyond.

Business

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