Real estate company AVENEW Development and Hilton have agreed to bring the Waldorf Astoria brand to Dubai with a hotel and residence project.
The scheme includes two different sites: Waldorf Astoria Dubai Islands, a 150-room hotel and Waldorf Astoria Residences Dubai Islands, which will offer 120 premium furnished apartments.
The hotel will feature multiple food and beverage venues including a rooftop restaurant and pool lounge. Owners of the residences will have full access to the hotel, including amenities such as an outdoor pool, a kid’s club and pool, a fitness studio and a spa.
It marks AVENEW’s second branded residence on Dubai Islands and its sixth overall development within the master-planned waterfront community.
“The Waldorf Astoria Residences Dubai Islands are not merely real estate; they are best-in-class homes designed to deliver enduring value supported by a globally recognised service standard,” AVENEW Development Managing Partner Rasha Hassan said. “Our strategy is to work with brands that ensure asset quality, predictability and above all, long-term desirability in a market.”
Carlos Khneisser, Chief Development Officer at Hilton said: “We are delighted to be working alongside AVENEW Development to introduce an iconic Waldorf Astoria hotel and branded residences to Dubai Islands. This signing represents another exciting step as we expand our luxury portfolio across the region and reinforces the growing momentum of our branded residential offering.”
