Tag: Dubai real estate 2027

  • AVENEW and Marriott to Launch Ritz-Carlton Residences on World Islands

    AVENEW and Marriott to Launch Ritz-Carlton Residences on World Islands

    The project marks AVENEW’s second collaboration with Marriott International and its debut on The World Islands, an archipelago of approximately 260 man-made islands located four kilometres off the Jumeirah coastline.

    The Ritz-Carlton Residences will be situated within the Hawaii Islands cluster and will feature a curated collection of villas and two- and three-bedroom low-rise residences designed as a private retreat combining exceptional design with world-renowned service.

    “The World Islands present a real estate opportunity that is genuinely rare. Limited by design, recognised around the world and continuing to evolve with every passing year,” said Rasha Hassan, managing partner of AVENEW Development. “We chose to make our debut on the island because we believe in the long-term potential and because it gives us the canvas to create the kind of destination AVENEW was founded to deliver.”

    The collaboration will bring The Ritz-Carlton’s service philosophy and refined hospitality to every residence, creating a living experience that combines design excellence with personalised service standards.

    Jaidev Menezes, regional vice president for mixed-use development at Marriott International’s EMEA division, emphasized the strategic importance of the location. “These exclusive branded waterfront homes set the standard for a rare and luxury island lifestyle which will reinforce the archipelago as a truly unparalleled destination in Dubai’s evolving luxury property market,” he said.

    The World Islands has recently attracted renewed developer confidence and significant hospitality commitments, positioning the destination among the region’s most compelling long-term real estate opportunities due to its fixed supply unlike any other development in Dubai.

    More details about the project will be revealed ahead of the sales launch scheduled for 2027. The development reflects AVENEW’s founding principles of thoughtful design, distinctive location selection and timeless quality, marking another addition to the company’s portfolio of distinguished Dubai addresses.

    The announcement comes as Dubai’s waterfront properties continue to attract premium valuations, with investors increasingly focused on exclusive island and coastal developments. The World Islands project aligns with broader market trends showing strong demand for limited-supply waterfront residential opportunities across the emirate.