Hydra Properties is a private development company founded in 2006 in Abu Dhabi and is a subsidiary of the Royal Group. It plays a vital role in shaping the urban landscape of Abu Dhabi and Dubai through its residential, commercial, and retail projects. The company also operates internationally in countries such as Pakistan, Libya, Mexico, and Kuwait. Known for its innovative concepts and iconic architecture, Hydra Properties emphasizes long-term investment value and customer care.
Overview
Hydra Properties is a key contributor to the UAE’s real estate sector, aligning its strategy with the Abu Dhabi Vision 2030 plan to enhance infrastructure and economic diversification. Its landmark developments include Hydra Avenue Towers, Hydra Village, and the Hydra Corporate Towers. The company is recognized for its resilience during economic downturns, especially during the Great Recession and the COVID-19 crisis, where it implemented customer-focused financial relief and construction cost-saving measures.
Team of Company
CEO
Ali Bin Sulayem has served as the CEO of Hydra Properties since 2009. He previously worked in the Private Department of Sheikh Zayed bin Sultan Al Nahyan as Head of the Internal Audit Department. Bin Sulayem also sits on the board of Commercial Bank International Sorouh, and several other companies in finance, trade, and real estate.
Chairman
The current Chairman of Hydra Properties is His Excellency Mr. Matar Suhail Ali Al Yabhouni Al Dhaheri. He serves in an independent, non-executive capacity and has a distinguished career spanning over 25 years in the UAE armed forces, public, and private sectors. His leadership roles include serving as the CEO of Gulf Dunes Landscaping & Agricultural Services LLC and as a board member of the UAE Federal National Council.
Projects of Company
Hydra Village :
Hydra Village is a large-scale residential project comprising 2,400 furnished villas across 10 zones over 95 hectares. Launched in 2006 and completed in 2012, it includes amenities such as hospitals, schools, shops, and a community center. Located near Al Raha Beach and Yas Island, it offers properties starting at AED 750,000 (USD 204,200).
Hydra Avenue Towers:
Hydra Avenue Towers is a luxury complex on Al Reem Island with 2,292 units across six towers. The five-story podium hosts retail, dining, sports facilities, and parking for 2,500 cars. The first phase was completed in 2011, with further construction ongoing. Property prices start at AED 850,000 (USD 231,500).
Operating Model
Hydra Properties operates in alignment with the Abu Dhabi Vision 2030 policy, focusing on economic diversification and infrastructure development. Its business model emphasizes long-term real estate investment with solid returns. Even during economic downturns like the pandemic, the company maintained strong ROI on projects such as Hydra Village (6.9% in 2020). Hydra collaborates with banks to ease financial pressure on clients and adopts cost-effective construction strategies.
Conclusion
Hydra Properties is a resilient and visionary developer with a strong portfolio in the UAE and abroad. Its commitment to innovation, customer support, and strategic alignment with national goals has ensured its sustained growth and investment appeal, even during challenging economic conditions.
