The Eagle Hills Bangkok project is a proposed mixed-use development in Bangkok of about US$5 billion, roughly THB 160 billion, with residences, shops, offices, hotels and a very tall tower, described by Mohamed Alabbar, the founder of Emaar Properties and Eagle Hills and the developer behind Dubai’s Burj Khalifa, in interviews published on 12 November 2026. As of 14 November 2026 it has no announced site, no named Thai partner, no stated height and no signed agreement.
- US$5bn
- Proposed investmentroughly THB 160 billion
- 20–30 rai
- Land soughtleased, in Bangkok
- 3–5 years
- To buildafter design and permits
- 828 m
- Burj Khalifathe record a taller tower must pass
What Alabbar said himself
Everything firm comes from two Thai interviews of 12 November 2026: THE STANDARD WEALTH and Bangkok Biz News. The English coverage that followed repeats them.
The money
About US$5,000 million as a first figure, roughly THB 160 billion. One passage of THE STANDARD's piece says 170 billion.
The company
Eagle Hills, his private developer, leads. Emaar may join later for the shops and hotels. Thailand would be Eagle Hills' first country in Southeast Asia.
The land
20 to 30 rai, leased for the long term through a joint venture with the landowner. He does not buy land outright.
The clock
Four years studying Bangkok, about a year and a half on this deal. Three to five years to build, with construction starting about 18 months in.
The Bangkok tower may not be the tallest, but it is meant as a monument that puts the city on the world map, Mohamed Alabbar told Bangkok Biz News on 12 November 2026.
Confirmed, reported, or open
| The claim | Where it stands |
|---|---|
| US$5 billion, about THB 160 billion | Stated by Alabbar as a first estimate |
| Homes, shops, offices and hotels | Stated by Alabbar |
| The world’s tallest building | A wish, if Thai rules allow. No height, floor count or design |
| A site beside Chit Lom BTS | A newspaper’s guess. Alabbar says he is still looking |
| A Thai partner | Open. Nobody is named |
| A signed agreement | Open. He hoped for one within weeks, or within 2026 |
| Building permits | Open. Design and approvals come first |
The world’s tallest tower, in his own words
Alabbar said he would be glad to build the tallest if the Thai authorities permit it on the chosen land, and that the record is not the aim. He also said Thai architects will design the tower, under his own close supervision.
Burj Khalifa, Dubai
The tallest completed building in the world, developed by Emaar.
Jeddah Tower, Saudi Arabia
Designed to pass 1,000 metres, with completion targeted for 2028, The Nation reports.
The Bangkok tower
No height published. It would need the approval of the Thai authorities at any record height.
Where it could stand: the Chit Lom guess
After the interviews, Bangkok Biz News pointed to a plot of more than 18 rai on Phloen Chit Road beside Chit Lom BTS station, once the offices of TOT, the state telecom company. The Nation carried the same idea on 13 November.
For
A large plot on a BTS station, in the middle of the shopping district.
Against
More than 18 rai is smaller than the 20 to 30 rai Alabbar described.
The record
Both newspapers say nothing official confirms it. The analyst they quote, Surachet Kongcheep, says there is too little information to conclude.
See the district as it is today on our Chidlom and Ploenchit page.
What happens next
First talks
Alabbar meets the Thai government of the day. The story then goes quiet.
The interviews
US$5 billion, 20 to 30 rai, an agreement hoped for within weeks.
An agreement
A Thai partner and a site, named. Bangkok Biz News notes that foreign ownership rules mean a joint venture with a Thai company.
Design and permits
Detailed design and approvals, before any work on site.
Construction
Three to five years in all, on his estimate.
The same week, one road east: Central Embassy
On 13 November 2026 Central Group and Central Pattana set out a firmer plan, on land they already hold on Wireless Road. The Nation reports an investment of more than THB 83 billion.
- THB 83bn+
- InvestmentCentral Group 51%, Central Pattana 49%
- 600,000
- Sq m in all150,000 existing, 450,000 new
- 100%
- Of Central Embassy 2buying Hongkong Land's shares
The extension, Central Embassy 2, is planned with shops, offices and residences. Read Central Embassy 2 and the reinvention of Wireless Road.
What Central's plan covers
The joint venture plans to buy every share the Hongkong Land group holds in Central Embassy 2, taking its stake from 51 to 100 per cent, and to invest separately in 30-year leasehold rights over the existing shopping centre. Park Hyatt Bangkok is outside the venture’s investment. No number of homes, residence brand or completion date was given.
What it means if you are buying a home
No address to buy near
Until a site is named, no home can be said to stand beside the tower.
Leased land
Alabbar plans to lease, so homes there would normally be leasehold. Their tenure is not announced.
A long wait
On his own timetable, three to five years of design and building follow any agreement.
No price claim
No source says what the project would do to nearby prices, and we publish no forecast.
Homes with a known address today
Around Lumphini Park and Wireless Road, in the same central district, four buildings have a named developer, a fixed site and a date.
| Building | Where and what | When |
|---|---|---|
| Upper House Residences Bangkok | Wireless Road. 52 floors, 156 homes, freehold | Handover December 2030 |
| Rosewood Residences Bangkok | Rama IV Road, facing Lumphini Park. 37 floors, 85 homes, freehold | Completion 2030 |
| Capella Residences Bangkok | WellEra Bangkok. 262 residences, leasehold | Opening 2030 |
| NIMIT Lumphini Park North | Langsuan. 54 floors, freehold. Formerly NIMIT Langsuan | Completed 2026 |
Upper House Residences Bangkok
Embark Estate is one of the appointed sales agencies. We send the homes still available, with floors and prices in writing.
Rosewood Residences Bangkok
Embark Estate advises buyers on Rosewood Residences Bangkok. Register and we write to you when sales open.
Capella Residences Bangkok
Embark Estate advises buyers on Capella Residences Bangkok and takes registrations for its pre-launch.
NIMIT Lumphini Park North
Embark Estate advises buyers on NIMIT Lumphini Park North. Completed, so you can walk through a finished home.
Tell us the area, the bedrooms and the budget, and a real person on our team replies with the homes that fit, in writing.
Who is Mohamed Alabbar
Mohamed Alabbar is a businessman from the United Arab Emirates and the founder of Emaar Properties, the Dubai company that developed Burj Khalifa, and of Eagle Hills, his private developer working across many countries. He also told the Thai press he would look at coastal resort land of 3,000 to 4,000 rai, and at the Khlong Toei port area if the government opens it to private investors. Neither is an agreement.
How we checked this
We read the two Thai interviews of 12 November 2026 in the original, the Bangkok Biz News piece on the Chit Lom land, and The Nation’s two reports of 13 November 2026. Where they disagree, we say so. This page is general information as of 14 November 2026, not legal or investment advice, and it will be updated when an agreement, a site or a partner is announced.
