What is the total value of the main construction contract for Seamont Autograph Collection Residences?

The main construction contract awarded to Fibrex is valued at **AED 790 million**, which equates to approximately $215.11 million.

When is construction expected to begin and when will the project be completed?

Main construction work is scheduled to commence in **October 2026**, with a targeted completion date in **December 2028**. The construction programme is set for 27 months.

Who are the developers behind the Seamont Autograph Collection Residences?

The project is a collaboration between Royal Development Holding, a subsidiary of Emirates Stallions Group, and SAAS Properties.

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Development·6 October 2026

Fibrex Appointed Main Contractor for Seamont Autograph Collection Residences on Al Reem Island

Emirates Stallions Group subsidiary Royal Development Holding and SAAS Properties have awarded Fibrex an AED 790 million contract to build the Seamont Autograph Collection Residences on Al Reem Island, Abu Dhabi.

Royal Development Holding, a premium real estate developer and subsidiary of Emirates Stallions Group, in collaboration with SAAS Properties, has announced the appointment of Fibrex as the main contractor for the Seamont Autograph Collection Residences project. This appointment, valued at AED 790 million (approximately $215.11 million), marks the transition of the development into full-scale construction.

Project Timeline and Scope

Following the completion of enabling works, main construction is slated to begin in October 2026. The project is scheduled for a 27-month construction programme, with an anticipated completion target of December 2028. Fibrex will be responsible for all primary construction works, advancing the project through its next critical delivery phase.

Seamont Autograph Collection Residences Overview

Located on Al Reem Island, the Seamont Autograph Collection Residences are envisioned as a distinctive waterfront destination. The development will combine contemporary architecture with the luxury standards of Marriott's Autograph Collection, aiming to offer curated residential experiences. The design draws inspiration from its mangrove surroundings and offers views framed by Saadiyat Island's cultural district, intending to create a unique sense of place within Abu Dhabi's evolving luxury residential market.

Partner Commitments

Tariq Nazzal, CEO of Royal Development Holding, emphasised the significance of the main works contract award, highlighting the commitment to quality, design excellence, and long-term value in partnership with SAAS Properties. Ahmed Bin Mohammed Al Qassimi, CEO of SAAS, reiterated the focus on timely delivery and maintaining high standards, stating that Fibrex was selected for its experience and capabilities to meet the project's demanding requirements.

Frequently asked

Questions, answered

What is the total value of the main construction contract for Seamont Autograph Collection Residences?: The main construction contract awarded to Fibrex is valued at **AED 790 million**, which equates to approximately $215.11 million.
When is construction expected to begin and when will the project be completed?: Main construction work is scheduled to commence in **October 2026**, with a targeted completion date in **December 2028**. The construction programme is set for 27 months.
Who are the developers behind the Seamont Autograph Collection Residences?: The project is a collaboration between Royal Development Holding, a subsidiary of Emirates Stallions Group, and SAAS Properties.
Where is the Seamont Autograph Collection Residences project located?: The project is located on **Al Reem Island** in Abu Dhabi, designed as a waterfront destination.

Reported by

Abu Dhabi Islands — Yas, Saadiyat, Reem · Zawya — UAE Real Estate

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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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