Abu Dhabi-based Eagle Hills is expanding its international portfolio with a new luxury destination in one of Europe's most ecologically preserved natural areas.
Budva, Montenegro, [May 14, 2026] – Eagle Hills, a private real estate development and investment company headquartered in Abu Dhabi, has unveiled the ŠAS Heights project – a luxury residential and tourist destination located above the pristine shores of Šasko Lake in Montenegro.
Positioned in one of the most naturally preserved and still undiscovered areas of Montenegro, ŠAS Heights reflects Eagle Hills' continued international expansion and its commitment to creating integrated destinations that are in complete harmony with the natural environment.
Guided by a development philosophy based on long-term sustainable living, improving quality of life and well-being, the project is designed to strike a balance between hotel and residential concepts, with a special focus on preserving the natural environment through a low-density master plan that preserves openness, privacy and connection to nature.
This project further strengthens Eagle Hills' growing global portfolio, which includes more than 100.000 residential units, over 50 hotels, more than 10.000 hotel units and six shopping malls around the world. As a sophisticated lifestyle destination, ŠAS Heights combines luxury hospitality, a wellness-focused lifestyle concept and long-term sustainable development in an environment characterized by peace, biodiversity and exceptional natural beauty.
Development based on nature and well-being
Conceived as a complete destination, ŠAS Heights integrates a luxury hotel complex, private villas, serviced apartments and wellness facilities into a carefully planned low-density master plan. The project will include 29 premium villas, 30 apartment buildings and 69 hotel units, with each segment designed to strike a balance between hotel and residential concepts, while preserving openness, privacy and harmony with nature.
Nestled between the mountains and Šasko Lake, the architectural solution is designed to provide unobstructed views of the lake and mountain landscape, with a strong connection between the built space, the natural environment and outdoor living. Indigenous vegetation, natural materials and open terrain remain key elements of the project's identity.
Šasko Lake itself is recognized as an important natural habitat for numerous migratory and resident bird species, while the surrounding ecosystem contributes to the exceptional biodiversity of the area. The project applies an environmentally responsible approach aimed at long-term environmental protection, supporting sustainable tourism development while preserving the integrity of the natural landscape.
Strategic location
Located in the southern part of Montenegro, ŠAS Heights enjoys a strategically connected, yet private and secluded location, close to three international airports – Podgorica Airport (93,5 km), Tivat Airport (108 km) and Dubrovnik Airport (157 km). The destination is also in close proximity to the UNESCO-protected Bay of Kotor and the wider Adriatic coast.
The project's elevated position, at an altitude of approximately 20 to 45 meters, offers panoramic views of Lake Šasko and the surrounding mountains, creating an ambiance focused on peace, privacy, and the concept of a slower, more sophisticated lifestyle.
Supporting the vision of sustainable tourism in Montenegro
ŠAS Heights is conceived as a year-round destination that will contribute to the further development of Montenegro's tourism offer and the international positioning of Ulcinj and the wider Adriatic region. The project is expected to attract international visitors interested in wellness, nature and a more thoughtful luxury lifestyle, while supporting the further development of sustainable tourism in the country.
Leadership
Under the leadership of Mohamed Alabbar, Eagle Hills has built a global portfolio of integrated destinations shaped by disciplined urban planning, architectural clarity and long-term value creation. From the UAE to Europe and North Africa, each project reflects a commitment to creating spaces that are both commercially viable and deeply connected to their natural surroundings.
"ŠAS Heights reflects our belief that the most enduring destinations are those that exist in harmony with their natural surroundings. Every aspect of the development has been carefully designed to preserve the natural character of Šas Lake, while creating a destination focused on well-being, privacy, and a slower pace of life. From the landscaping and architecture to the wellness amenities and residential experience, the project is designed to support longevity, balance, and a deeper connection to nature," the company states.
About Eagle Hills
Eagle Hills is a private investor and real estate developer based in Abu Dhabi with a portfolio of over $80 billion in development value across 17 countries. The company develops integrated lifestyle destinations based on carefully planned urban development, architectural quality and a strong connection to the space and natural environment.
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