Prestige One Developments has signed agreement with global hospitality company, Hilton, to develop the first waterfront standalone branded residences under Hilton’s flagship Hilton Hotels & Resorts brand in the Middle East & Africa.
The signing ceremony, held in Dubai, was
attended by Sulaiman Saifi, Vice Chairman and, Ajmal Saifi, CEO of Prestige One
Developments, alongside senior Hilton executives, including Daniel Wakeling,
Vice President Development Luxury & Residential, EMEA, and Feras Hasbini,
Managing Director, Development Branded Residences, EMEA.
Located at one of Dubai’s most premium
waterfront locations, the project will bring the iconic hospitality that has
defined the Hilton brand for generations into the comfort of residents’ private
homes, allowing owners to experience the brand’s hallmark consistency, quality
and attention to detail.
Rising over 40 floors, the building will offer
360-degree, unobstructed views of the Arabian Gulf, Dubai skyline, and Palm
Jumeirah.
The project will be comprised of residences
ranging from one-, two-, and three-bedroom homes, including a selection of
exclusive penthouses. Residents will also enjoy a curated collection of
exceptional amenities and bespoke experiences.
“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.” -TradeArabia News Service