Abu Dhabi, UAE – Q Properties, a real estate developer and subsidiary of Q Holding, announced on Tuesday the award of $0.47 billion construction contract for Reem Hills Phase 1 villas to Trojan General Contracting.
Trojan will be responsible for constructing the fully sold out 218 luxury villas ranging from 4 to 7BR and developing 3 million sqft of built-up area (BUA). Situated at the heart of the capital, Reem Hills stands as the sole gated community on Abu Dhabi’s prestigious Al Reem Island.
“The contract serves as a testament to our unwavering commitment to the project’s construction timeline,” said Majed Odeh, GCEO of Q Holding. “Following a rigorous selection process, we are highly pleased with the significant progress achieved by Q Properties’ team in advancing this landmark project.”
Reem Hills is an integral component of Q Properties’ exclusive development portfolio, encompassing numerous residential, commercial, and retail projects currently in progress.
With a substantial land bank exceeding 30,000,000 square meters, the company is transforming vast, previously uninhabited expanses into dynamic urban communities to cater to the surging demand for real estate developments in the UAE market.