Eagle Hills enters Syria with Damascus, Latakia deals
Dubai: Abu Dhabi developer Eagle Hills has signed a framework agreement with Syria for two residential and tourism projects. The schemes sit in Damascus and Latakia. Total investment has not been disclosed. Eagle Hills and Syria's ministries of Public Works and Housing, and Tourism, signed the deal at the People's Palace in Damascus on October 5. President Ahmad Al Shara attended, alongside…
Dubai-based developer Eagle Hills has inked a framework agreement with Syria to develop two residential and tourism projects in Damascus and Latakia. The deal was signed on October 5 at the People's Palace in Damascus, attended by President Ahmad Al Shara and Eagle Hills founder and chairman Mohamed Alabbar. The investment details remain undisclosed.
Eagle Hills' capital project in Damascus, known as Damascus Heights, will offer villas, apartments, and townhouses ranging from three to five bedrooms. Meanwhile, the Latakia project, dubbed Latakia Yachts & Marina and Eco Life, will feature a deep-water marina, yacht club, villas, apartments, a beach club, and a theme park. The developer has prioritized Syrian investors, promising opportunities to residents, returnees, and Syrians investing from abroad.
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