Developer Prestige One Developments has signed an agreement with Hilton to develop what is billed as the first waterfront standalone branded residences under the Hilton Hotels & Resorts brand in the Middle East and Africa.
The signing ceremony in Dubai was attended by Sulaiman Saifi, Vice Chairman of Prestige One Developments, and Ajmal Saifi, CEO of the company. Senior Hilton executives including Daniel Wakeling, Vice President of Development Luxury & Residential for EMEA and Feras Hasbini, Managing Director of Development Branded Residences for EMEA, also participated in the event.
Due to take shape along Dubai’s waterfront, this project promises to bring the hospitality that defines the Hilton brand into the comfort of residents’ private homes. By offering a blend of luxury and convenience, the project aims to provide residents with an unparalleled experience, ensuring consistency, quality, and attention to detail that are hallmarks of the Hilton brand, said a statement.
Rising over 40 floors, the building will boast 360-degree views of the Arabian Gulf, the Dubai skyline, and the Palm Jumeirah. The project will encompass a diverse range of residences, including one-, two-, and three-bedroom units, with a curated selection of exclusive penthouses. Beyond its architecture, residents will also enjoy collection of amenities and experiences, Prestige One Developments said.
“Hilton is a name that has defined hospitality for over a century, and today, that legacy becomes part of Dubai’s residential skyline. This signing marks a defining moment; it is the beginning of a new chapter, where our vision for refined living joins Hilton’s unmatched global assurance,” said Ajmal Saifi, CEO of Prestige One Developments.
Daniel Wakeling, Vice President Development Luxury & Residential, EMEA added, “Dubai’s residential real estate market continues to thrive, driven by strong investor confidence and a growing demand for premier living experiences backed by trusted brands. We’re delighted to collaborate with Prestige One to bring UAE’s first Hilton Residences to this exciting location, providing owners with an innovative and elevated residential living experience, all while enjoying the trusted world-class hospitality that is synonymous with the Hilton brand.”
The project is strategically situated within a planned mixed-use development on Dubai’s waterfront and will boast boast marina zones and seamless connectivity to Downtown Dubai and Sheikh Zayed Road. Residents will have direct access to the shoreline, the statement confirmed.
Prestige One Developments partners with Hilton Middle East Construction News.
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