Object 1, an award-winning real estate developer, has announced a Dh4.5 billion land investment in Abu Dhabi, marking a milestone in its expansion into the capital. The company has acquired four prime waterfront plots on Al Reem Island, located within the Shams Gate District, with a combined development area exceeding two million square feet.
This acquisition follows Object 1’s entry into Abu Dhabi in late 2025, which included the opening of its first Sales Gallery in the emirate. The investment reflects the developer’s long-term commitment to Abu Dhabi and aligns with the UAE government’s National Family Growth Agenda 2031, focusing on sustainable, family-oriented residential communities.
Chairman and founder Egor Maslennikov stated that the move demonstrates confidence in Abu Dhabi’s stable and fast-growing real estate market. Building on its success in Dubai, Object 1 aims to play an active role in shaping the capital’s next phase of residential development.
