Eagle Hills · Ethiopia
La Gare Mall Residence One
La Gare, Addis Ababa, Ethiopia
Bedrooms
1 – 3 Bed
Type
Apartment
Payment Plan
Not disclosed in source
Handover
Not stated in source (under construction per the developer’s April 2026 update)
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Homes
1–3 bedroom apartments, many with terraces
Setting
Above the La Gare mall and retail walkway
Status
Under construction (developer update, April 2026)
Unit Sizes
At a Glance
- Live above the La Gare mall and retail walkway
- Landscaped podium garden with play areas
- On the grounds of Addis Ababa’s historic 1917 La Gare railway station
- About 860 m from Meskel Square, 6.5 km from Bole International Airport
- Terrace apartments on the podium level
About this project
La Gare Mall Residence One is a residential building above the La Gare mall at La Gare, Eagle Hills’ mixed-use district in downtown Addis Ababa built around the historic 1917 railway station — residences, a mall and retail walkway, offices, four- and five-star hotels and green parks around a central boulevard, about 860 m from Meskel Square and 6.5 km from Bole International Airport. Apartments from one to three bedrooms, many with terraces, sit over the retail precinct and around a landscaped podium garden. No prices, payment plan or completion date are published — confirm current availability and pricing with a PropSentral advisor.
Interior, fully-furnished — click to enlarge
Amenities
Outdoor & Views
- Green parks with jogging, walking and bike tracks
- Mall, retail walkway and food & beverage hub
- Resident parking
Family & Kids
- Picnic and children’s play areas
Lifestyle & Comfort
- Four- and five-star hotels within walking distance
Security & Access
- 24-hour security
Investment Factors
Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.
Foreign Buyers
Foreign nationals can now own a home in Ethiopia under the Foreign Nationals’ Ownership Right of Residential House Proclamation No. 1388/2025, with approval from the Ministry of Urban and Infrastructure Development. As summarised on the developer’s own site: minimum investment of USD 150,000 per home (waived for one home for holders of an Ethiopian investment licence), one home at a time, no financing from Ethiopian banks, and owners may live in or rent the home, apply for residence and a 5-year multiple-entry visa, and repatriate rental or sale income subject to regulations. This is the developer’s summary, not legal advice — buyers should confirm eligibility with an Ethiopian lawyer before committing.
Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.
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Location
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Map shows approximate project location. Exact site boundaries may vary.
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About the Developer
Eagle Hills
Eagle Hills is an Abu Dhabi-based real estate developer established in 2014 by Mohamed Alabbar, founder of Emaar Properties. The group’s own brochure cites a $80 billion+ total development value, 100,000+ homes, 50+ hotels, 8 marinas, 10,000+ hotel keys and 6 malls across 18+ countries. Ramhan Island, a naturally formed private island off Abu Dhabi, is one of its flagship waterfront masterplans.
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Pricing
Price upon request
Not disclosed in source · Handover Not stated in source (under construction per the developer’s April 2026 update)
Ethiopia — Market Yield Range
6% – 10% gross p.a.
Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.
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Developer-Direct Pricing
Same price as booking through the developer — zero resale markup.
One Advisor, Start to Finish
A single point of contact from reservation through to handover — no chain of resellers.
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