Unit of new investment major Q Holding launches $2.2bn Abu Dhabi real estate project

Q Properties, a subsidiary of the newly-announced investment major Q Holding, has launched the first phase of Reem Hills, a luxury gated community on Abu Dhabi’s Al Reem Island.

The AED8 billion ($2.2 billion) project features a man-made hill and is designed to encourage its residents to indulge their senses by providing an escape from the pressures of today’s fast-paced life.

Abdulla Mohamed Butti Al Hamed, chairman of Q Holding, said: “Q Holding will be a prominent force in the next phase of the economic development of Abu Dhabi, rewriting the future of successful, sustainable investment, conducting business with the highest degree of integrity and strategic imperatives.”

Reem Hills will feature spacious villas, parkland and landscaped spaces, schools, mosques, community centres, club houses, shopping, cafes and restaurants as well as leisure areas for walking, exercise and biking.

Majed Fuad Mohammed Odeh, CEO of Q Holding, said: “Reem Hills is an exclusive destination set around a unique man-made hill, offering a serene lifestyle and an escape from the city life, and while it is just minutes away from the capital’s key locations, it retains a rare and valuable ambiance of peace and tranquillity.”

Q Holding
Majed Fuad Mohammed Odeh, CEO of Q Holding.

He added: “Architecturally contemporary, all our properties are designed with luxury, space and elegance in mind; they are close to amenities and the streets have wide walking and cycling paths, in addition to other sports-related facilities.”

On Wednesday, Q Holding launched as a global investment holding company, powerful business enabler, and strategically astute platform in Abu Dhabi.

The firm aims to redefine the future of successful, sustainable growth for stakeholders, while enabling businesses to build their networks locally, regionally, and globally on foundations of innovation.

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