Georgia Expands Investment Cooperation with the UAE: Real Estate and Digitalization

Photo: www.gov.ge

A Georgian delegation led by Prime Minister Irakli Kobakhidze took part in Abu Dhabi Sustainability Week (ADSW) from January 12 to 15, 2026, reports Civil.ge. During the visit, a series of meetings was held with executives of major companies, as well as with UAE President Sheikh Mohamed bin Zayed Al Nahyan. The agreements reached are expected to contribute to the development of Georgia’s real estate market, hospitality sector, digitalization, and investment inflows.

Tokenization in the Real Estate Market

At a meeting attended by PRYPCO founder and CEO Amira Sajwani from the UAE, discussions focused on Georgia’s investment climate, recent economic growth trends, the country’s tourism potential, and steps being taken to introduce innovative technologies across various sectors.

Following the meeting, a memorandum of cooperation was signed, aimed, among other things, at introducing tokenization mechanisms in the real estate market. The parties intend to assess the possibility of integrating such mechanisms into the existing property rights registration system and government services. These solutions are expected to simplify market entry and increase transaction transparency. The authorities view this direction as a tool to enhance the investment attractiveness of the sector.

The implementation of large-scale international projects was the main focus of the meeting with DAMAC Properties founder Hussain Sajwani. Emphasis was placed on investment opportunities in the hospitality sector and real estate market, as well as on the dynamic growth of tourism, which the authorities consider one of the key drivers of economic development. Georgia was presented as a platform with a favorable business environment, growing demand for high-quality hotel and development projects, and strong potential for expanding the presence of international brands. Both sides confirmed their mutual interest in continued dialogue and the development of specific areas of cooperation.

DAMAC Group is one of the leading real estate and hospitality developers in the Middle East and operates in 15 countries. The group’s annual revenue exceeds $4 billion, and its workforce numbers more than 4,000 employees.

Strategic Eagle Hills Project

Negotiations were also held with Mohamed Alabbar, founder of developer Eagle Hills. The Abu Dhabi–based company operates in 17 countries, including Serbia, Egypt, Ethiopia, and Bahrain. In Georgia, it is implementing the largest investment project in the country’s history, valued at $6.6 billion. The investment strategy is focused not only on commercial returns but also on the creation of sustainable urban environments capable of delivering long-term economic and social benefits. Prime Minister Irakli Kobakhidze emphasized the strategic importance of the project, noting that it will provide an additional stimulus for economic development and the formation of a modern urban environment.

Under the Eagle Hills initiative, world-class infrastructure is being developed in the Krtsanisi and Gonio districts, designed for Georgian residents and international visitors. The project предусматривает the creation of more than 24,000 jobs during the construction phase and over 8,000 jobs after completion. In line with the company’s policy, Georgian construction companies will be directly involved in the implementation. The total direct impact on the country’s economy is estimated at 11 billion GEL, underscoring the scale and systemic significance of the investment.

Development Concepts

The Tbilisi Waterfront complex will cover approximately 590 hectares along the capital’s waterfront, with around 170 hectares allocated to parks and green spaces. The concept envisages a multifunctional urban environment combining residential and office areas, hotels, retail spaces, wellness infrastructure, and recreational zones. The project is being designed with a focus on energy efficiency and environmental balance, which should strengthen Tbilisi’s positioning as a modern regional capital and set benchmarks for sustainable urban development.

In Batumi, the development of the coastal Gonio Yachts & Marina complex is planned, covering around 260 hectares and featuring a yacht marina, premium residences, hotels, and public leisure areas. Gonio’s development concept is based on combining a high level of service with careful treatment of the natural environment: planning takes into account the preservation of ecosystems and bird migration routes along the Black Sea coast. The project is aimed at creating an international center for yachting tourism and upscale leisure.

Gonio is a prestigious resort district of Batumi that is attracting the attention of leading hotel operators. One of the largest branded luxury projects is being implemented here — Wyndham Grand Batumi Gonio. The complex will combine several premium hotels and residences with shared infrastructure, including spa centers, restaurants, and leisure facilities. It is of interest to both tourists and investors: guaranteed returns are estimated at 10%, with potential returns of up to 19% and higher. Designed for year-round operation, the project is expected to strengthen Adjara’s position as a destination for high-end international tourism.

Analysts at International Investment note that the results of the Abu Dhabi visit confirm Georgia’s steady economic development and its strengthening position on the global investment map. The combination of large-scale development projects with digital technology initiatives forms a solid foundation for attracting long-term capital. The involvement of leading international companies and consistent government policy create conditions in which Georgia is perceived as a stable, technology-oriented jurisdiction capable of offering investors a predictable environment and opportunities to implement complex projects in real estate, logistics, and tourism.