Riga Waterfront: Europe’s Next Landmark Investment Destination
Project Overview
Riga Waterfront is a landmark development set to transform the city’s iconic Daugava riverfront into a vibrant, modern destination. Spanning a prime 5 km stretch near the UNESCO-listed Historic Centre, the project blends premium residences, dynamic retail spaces, and world-class lifestyle amenities.
Developed across the Andrejsala and Andrejosta districts, this visionary project covers approximately 57 hectares and represents an investment of over €3 billion. Designed to unfold over the next 10–15 years, Riga Waterfront combines heritage, innovation, and waterfront living—creating one of Northern Europe’s most exciting new urban hubs.
Master Plan & Urban Design
Riga Waterfront’s masterplan, crafted with leading international architects and local experts, revitalizes over 550,000 sqm of prime riverfront. The design blends modern urban living with Riga’s industrial heritage, creating a vibrant and connected city hub.
Key Highlights:
- SoHo Quarter & Square – A pedestrian-friendly district with residences, retail, hospitality, and lively public spaces.
- Power Station Mall – Historic power station transformed into a shopping and dining destination with 60+ concept stores and restaurants.
- Daugava Riverfront Promenade – 5 km of publicly accessible waterfront for leisure and strolls.
- Marina & Cruise Terminal – Modern facilities for yachts, ships, and passenger travel.
- Hotels & Community Spaces – Over 1,000 luxury hotel rooms, schools, and community centers.
- Green Spaces & Parks – Landscaped areas, seasonal ice rinks, and water features enhancing urban life.
The design celebrates Riga’s heritage, preserving industrial landmarks and emphasizing human-scale streetscapes, seamless public spaces, and iconic riverfront views.
EU PR Through Riga Waterfront Investment
Investing at Riga Waterfront gives international buyers a unique opportunity to obtain EU residency through property ownership — one of the most competitive Golden Visa programs in Europe.
Developed across the Andrejsala and Andrejosta districts, this visionary project covers approximately 57 hectares and represents an investment of over €3 billion. Designed to unfold over the next 10–15 years, Riga Waterfront combines heritage, innovation, and waterfront living—creating one of Northern Europe’s most exciting new urban hubs.
€250,000
Residency Permit (EU PR)
Around 3 months
Gallery
THE MASTERPLAN
Riga, the capital of Latvia, sits on the shores of the Baltic Sea and is embraced by the Daugava River. It is a UNESCO World Heritage Site city with a rich history and an emerging modern identity.
5km long riverfront
55 ha of prime real estate
High-end retail spaces and services
Unique neighborhoods and cultural hubs
Yacht marinas and cruise terminals
Desirable and exclusive residential community
Direct city-center connections
Premium office spaces
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The Developer — Eagle Hills Properties
Eagle Hills Properties is a globally acclaimed real estate developer headquartered in Abu Dhabi, UAE, known for creating iconic, high-quality urban destinations around the world. The company was founded by Mohamed Alabbar, a visionary entrepreneur and the founder of Emaar Properties — the powerhouse behind world-famous landmarks such as Burj Khalifa and Dubai Mall.
While Emaar Properties established a legacy of record-breaking skyscrapers and large-scale developments, Eagle Hills carries forward Alabbar’s vision by focusing on human-centered, sustainable, and economically transformative urban projects. Together, both companies reflect Alabbar’s commitment to excellence, innovation, and shaping modern cityscapes globally.
With over 30 years of experience, Alabbar is renowned for creating human-centered urban districts that transform cityscapes while boosting local economies, connectivity, and infrastructure.
Under his leadership, Eagle Hills has delivered projects across 18+ countries, including Serbia, Morocco, Georgia, Egypt, Bahrain, Albania, Latvia, and Ethiopia — each exemplifying iconic design, sustainable development, and strong economic impact.
A message from the chairman
Building Iconic, Life-Enhancing Communities
Riga Waterfront is developed by Eagle Hills, led by visionary entrepreneur Mohamed Alabbar, founder of Emaar Properties — the force behind global landmarks like Burj Khalifa and Dubai Mall.
With over 30 years of experience, Alabbar is renowned for creating human-centered urban districts that transform cityscapes while boosting local economies, connectivity, and infrastructure.
Under his leadership, Eagle Hills has delivered projects across 18+ countries, including Serbia, Morocco, Georgia, Egypt, Bahrain, Albania, Latvia, and Ethiopia — each exemplifying iconic design, sustainable development, and strong economic impact.
- Founder of Eagle Hills Properties
A message from the chairman
