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October 9, 2026

Royal Development Holding and SAAS Properties Appoint Fibrex LLC for Seamont Autograph Collection Residences

Royal Development Holding and SAAS Properties Appoint Fibrex LLC for Seamont Autograph Collection Residences

A landmark AED800 million construction contract has been awarded for the prestigious waterfront development on Al Reem Island, marking the transition into full-scale construction with completion targeted for December 2028.

Royal Development Holding, the boutique premium real estate developer and subsidiary of Emirates Stallion Group, together with SAAS Properties has selected Fibrex LLC as the principal contractor for Seamont Autograph Collection Residences. The appointment represents a significant milestone in the project’s development trajectory, enabling transition into comprehensive construction following the successful completion of enabling works.

Construction operations are scheduled to commence in October 2026, with a 27-month delivery programme culminating in December 2028. Under the AED800 million contract, Fibrex will execute the project’s main construction works, stewarding the development through its next critical phase.

Positioned on Al Reem Island, Seamont Autograph Collection Residences has been masterfully conceived as a distinctive waterfront destination. The development harmonises contemporary architectural expression with Marriott’s Autograph Collection standards, presenting thoughtfully curated residential experiences. The design draws inspiration from the site’s mangrove ecology whilst engaging with the cultural district backdrop of nearby Saadiyat Island, establishing a distinctive sense of place that reflects Abu Dhabi’s contemporary luxury residential evolution.

Tariq Nazzal, Chief Executive Officer of Royal Development Holding, observed that the main works contract award represents one of the most pivotal moments in the project’s realisation. “Together with our partners at SAAS Properties, we are committed to delivering a development that reflects a shared vision for quality, design excellence and long-term value,” he stated, emphasising the company’s strategic orientation towards partnerships with globally recognised brands and industry specialists.

Ahmed Bin Mohammed Al Qassimi, Chief Executive Officer of SAAS, underscored the significance of selecting an appropriately experienced construction partner. “Delivering our projects on time whilst maintaining the highest standards of quality has always been central to how we operate,” he noted, highlighting the collaborative vision amongst the development partners to achieve exceptional design, quality and residential experience standards.

Sufyan Saleh, Managing Director of Fibrex LLC, affirmed the contractor’s commitment to disciplined execution. “Seamont Autograph Collection Residences is a significant undertaking, and we bring to it the depth of experience and technical capability required to deliver a development of this nature,” he stated, emphasising the contractor’s commitment to quality, safety and technical excellence throughout the construction programme.

Source: WAM

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