Palm Hills Targets $7 Billion Sales as It Launches Saadiyat Shores in Abu Dhabi and Expands Across the Gulf
Friday, 12 December 2025
Palm Hills Developments, one of Egypt’s leading real estate developers, has announced ambitious growth plans in the UAE and wider Gulf region. With its first Abu Dhabi project—Saadiyat Shores—set to generate over $7 billion in sales, the company is preparing to begin construction by spring 2026 while exploring additional opportunities in Abu Dhabi, Dubai, Saudi Arabia and beyond.
Key Highlights:
- Palm Hills enters the UAE market with its first project, Saadiyat Shores in Abu Dhabi.
- Projected sales exceed $7 billion, showcasing strong investor confidence.
- Located on a 1.87 million sq. m waterfront plot on Saadiyat Island.
- Development value: AED 20 billion ($5.4 billion).
- Construction set to begin in April–May 2026, with handovers expected 3–3.5 years later.
- High global interest anticipated from buyers in Europe, the US, Asia, and Egypt.
- Financing discussions underway with UAE banks; agreements expected soon.
- Palm Hills exploring additional projects in both Abu Dhabi and Dubai.
- Wider GCC expansion includes active discussions for developments in Riyadh and Jeddah.
- Shows strong momentum for cross-border real estate investment in the Gulf region.
