UAE investor and businessman Mohamed Alabbar has unveiled a new Emirati investment project in Italy, spanning approximately 1.2 million square meters in the Umbria region. The development combines tourism, heritage, and luxury hospitality in a single destination.
Alabbar said the project will include a golf course, a polo club, and a historic 13th-century castle with 31 rooms. It will also feature a newly built luxury hotel with around 40 rooms, in addition to nearly 80 branded luxury villas (Branded Residences) connected to the hotel.
He noted that construction of the hotel is expected to take between two and two and a half years, alongside the development of several villas. Sales of the residential units are scheduled to begin within the coming months.
Alabbar emphasized that the investment goes beyond commercial objectives, highlighting the importance of contributing to the local community. He said the success of any project depends not only on its business performance but also on serving the area in which it is developed and creating added value for customers.
He also shared a memorable meeting with the mayor of an Italian city, who warmly welcomed the Emirati investment and offered full support for the project. According to Alabbar, the mayor attributed this welcome to the humanitarian assistance provided by the UAE during the COVID-19 pandemic, which helped the local community. He said the moment was a source of pride, reflecting the UAE’s leadership and humanitarian values.
Alabbar added that his next investment project in Italy will be located in Venice, reaffirming his commitment to expanding investments in the Italian market.
