Royal Development Holding has signed an agreement with Rotana to develop residential towers on Al Reem Island in Abu Dhabi under the Rotana Residences brand.
The project carries a total value of AED900 million and forms part of Royal Development Holding’s portfolio expansion in Abu Dhabi. Royal Development Holding is a subsidiary of ESG Emirates Stallions Group, which trades on the Abu Dhabi Securities Exchange.
The development is located on Al Reem Island and will comprise towers offering apartments and penthouses.
Rotana partners with Royal Development Holding for Al Reem Island residential towers project
The site is positioned near business districts, retail destinations, and academic institutions including Sorbonne University Abu Dhabi, GEMS World Academy, Nord Anglia International School and Repton School Abu Dhabi.
The project follows residential launches by Royal Development Holding across Al Reem Island during 2025, which achieved market absorption. The developments are progressing through development and planning stages, with a launch timeframe anticipated in early 2026.
“Abu Dhabi’s residential market continues to mature, driven by infrastructure, education, and lifestyle anchors that support long-term demand. This announcement reflects our confidence in Al Reem Island as a key residential destination and our focus on delivering developments that are well positioned within the city’s evolving urban fabric,” Tariq Nazzal, CEO of Royal Development Holding said in a statement.
“Our partnership with Royal Development Holding reflects our approach to growth through long term relationships, shared values, and a disciplined development mindset. This project builds on the strength of ‘The Residences by Rotana’ and our experience in delivering residential environments defined by quality and consistency. Abu Dhabi continues to show strong fundamentals, and we are confident this collaboration will create lasting value for residents and partners,” Philip Barnes, Chief Executive Officer of Rotana added.
Royal Development Holding is a holding company headquartered in the UAE and part of Emirates Stallions Group under International Holding Company. Its subsidiary, Royal Development Company, has managed projects across 15 countries with AED10.2 billion in sales.
Rotana was founded in Abu Dhabi in 1992 and manages over 120 properties across the Middle East, Africa, Eastern Europe, and Türkiye. The company operates six brands: Rotana Hotels & Resorts, Centro Hotels, Rayhaan Hotels & Resorts, Arjaan Hotel Apartments, Edge by Rotana, and The Residences by Rotana.
Emirates Stallions Group is a subsidiary of International Holding Company with over 45 subsidiaries across sectors including manpower, accommodation, development, design, manufacturing, landscaping, and agriculture.
The group operates in more than 15 countries with a workforce of over 15,000 personnel and total assets of AED3.93 billion as of September 30, 2025.
