In a dazzling display of market fervor, Royal Development Holding has witnessed an extraordinary and resonant sell-out of its latest jewel, the Radisson Residences Al Reem Island, nestled within the picturesque embrace of Abu Dhabi. Within a breathless span of merely 24 hours since its grand unveiling, Phase 1 now stands fully adorned with owners eager to indulge in this unparalleled living experience.
This development is not merely a residential project but an integral part of a majestic AED1.2 billion investment, amounting to an impressive $327 million, designed to redefine the landscape of premium, hospitality-infused living in the heart of the capital. It serves as a luminous testament to an evolving demand for opulent residences that harmoniously blend sophistication with an elevated lifestyle.
Delivered by the visionary minds at Royal Development Holding, a distinguished subsidiary of Emirates Stallions Group, Radisson Residences Al Reem Island marks a historic milestone as the very first standalone Radisson Residences globally. This magnificent endeavor embodies the fusion of innovation and tradition, where contemporary architecture elegantly meets refined interiors, inviting residents into a sanctuary of tranquility and elegance.
Perched gracefully along Al Reem Island’s shimmering waterfront, the development showcases an exquisite array of modern living spaces—from stylish studios and inviting one-bedroom apartments to sprawling three-bedroom residences and luxurious townhouses with three or four bedrooms. Each unit, a masterpiece of thoughtful design, has been rapidly claimed by discerning investors and homeowners, underscoring the allure of this enchanting locale.
Radisson Residences Al Reem Island in Abu Dhabi
Reflecting on this remarkable achievement, Tariq Nazzal, the innovative CEO of Royal Development Holding, expressed his pride: “This success stands as a testament to our fruitful collaboration with Radisson Hotel Group. For years, we have harnessed our energies toward crafting a formidable presence in the luxury branded residences sector. The unprecedented sell-out of Phase 1 within just one day exemplifies the efficacy of our strategic vision.”
Elie Milky, Chief Development Officer for the Middle East, Northeast Africa, Greece, and Cyprus at Radisson Hotel Group, echoed this sentiment, noting the peculiarity of their partnership: “Our collaboration with Royal Development Holding is particularly meaningful, as they have swiftly attuned to market dynamics and delivered a coveted offering for those yearning for an elevated lifestyle. The magnificent sell-out within a record 24 hours of Phase 1 heralds a new chapter in Radisson’s evolution, intertwining our brand with the essence of refined residential living.”
Phase 2 preparations
Sculpted against the backdrop of Abu Dhabi’s lush, mangrove-fringed coastline, Radisson Residences Al Reem Island emerges as a statement of architectural artistry. This striking development not only offers captivating views but also integrates hospitality-enhanced amenities, perfectly aligned with Royal Development Holding’s commitment to community-centered living.
In the wake of Phase 1’s triumphant sell-out, the developers are already poised for the next chapter, with preparations for the much-anticipated launch of Phase 2 underway. The promise of additional homes within this enchanting enclave beckons to a discerning audience, eager to embrace the luxurious lifestyle that awaits.