The AED3bn project joins a wave of new investments and hospitality ventures breathing life into Dubai’s long-dormant World Islands, as investor interest returns after years of stagnation.
The development, announced by Buddha-Bar Real Estate Development and managed exclusively by Dubai-based firm Yieldhaüs, will feature a 162-room hotel, 24 floating residences and a Buddha-Bar Beach venue. Construction is expected to be completed in 2027.
“For the first time, the Buddha-Bar concept is being brought to an island setting,” said Nabil Souhail, Vice President of Buddha-Bar International. “This project combines our brand’s focus on music, mood and design with a new standard of hospitality.”
The floating residences will span roughly 4,000sq ft across three levels and accommodate up to eight guests. Each unit will feature a rooftop terrace with a jacuzzi, a sea-level lounge and underwater bedrooms overlooking coral gardens. The hotel will also include a full floor of branded residences, a spa and Pacific Rim-inspired dining venues.
Yieldhaüs Founder and CEO Mohamad Issa described the project as part of Dubai’s next wave of experience-led developments. “Dubai has long been a global stage for architectural ambition, but what truly sets this project apart is how it redefines experiential living,” Issa told Arabian Business. “It is where hospitality meets high-end real estate and where architecture and culture come together in a new way for the region.”
The Buddha-Bar Hotel and Floating Residences join a growing pipeline of high-end projects on The World Islands as new capital and developer interest return to the cluster after years of dormancy.
