"Royal Development" Launches a waterfront project in Abu Dhabi worth 1.2 billion dirhams
Abu Dhabi, December 18 / WAM / Royal Development Holding Company, a subsidiary of ESG Stallions Emirates Group, listed on the Abu Dhabi Stock Exchange, announced the Radisson Residences project on Al Reem Island, valued at 1.2 billion dirhams.
The project represents the result of a strategic cooperation between Royal Development Holding Company and Radisson Hotel Group. It consists of 3 towers and is located on the waterfront on Reem Island.
Tariq Nazzal, CEO of Royal Development Holding, confirmed that the Radisson Residences project on Reem Island is the first independent residential project bearing the Radisson brand in the world, explaining that the project is scheduled to be completed by the end of 2027.
For his part, Elie Milkie, Chief Development Officer for the Middle East, North East Africa, Greece and Cyprus Region at the Radisson Hotel Group, said that through cooperation with Royal Development Holding, the Radisson Residences project stands out in one of the most attractive locations on the waterfront in Abu Dhabi.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Twitter
