Hospitality main, Ennismore, has signed its first standalone branded residences undertaking in Dubai.
It has reached an settlement with Dubai-headquartered actual property developer Roya Way of life Growth to construct the SLS Residences The Palm Dubai property.
Set to open in 2026, SLS Residences The Palm Dubai will probably be housed in a newly constructed, low-rise improvement, providing roughly 113 luxurious branded residences comprising two-, three-, and four-bedroom flats.
Residents may have entry to a seaside membership, in addition to full use of an unique clubhouse, an infinity pool and a health space.
The property’s floor flooring may have 13 flagship residences (two-four bedrooms), every with its personal personal backyard.
Its 1,000 sqm social home will probably be out there solely to residents providing a wellness area together with health amenities and remedy rooms; a lounge with amenities for personal eating; a gaming room and a children membership.
Ennismore added that at SLS Residences The Palm Dubai, it might be endeavor “collaborations with main builders, architects, designers, and cooks” to duplicate the expertise from its SLS resorts.
Louis Abi Abboud, chief improvement officer and deputy head of Center East, Africa and Turkey at Ennismore, mentioned, “This undertaking would be the first of its form in The Palm Jumeirah, combining SLS’s theatrical experiential designs and distinctive culinary experiences, bringing an iconic luxurious life-style model to the market in a brand new method.”
The brand new residential improvement is positioned on the high of the West Crescent, permitting residents direct and unique seaside entry and spectacular 360-degree sea views extending to the Downtown Dubai and Dubai Marina.
Rami Hussein, CEO of Roya Way of life Growth, added, “We’re delighted to be coming into the Dubai market with our first undertaking, a branded residence and collaboration with SLS. We’re wanting ahead to delivering a variety of properties to the market with a key deal with high-quality finishings and world-class facilities.”
Ennismore was based in 2011 by Sharan Pasricha, and entered right into a three way partnership with Accor in 2021 to create a brand new autonomous entity, with Accor being the bulk shareholder. Ennismore has 13 manufacturers and over 100 working resorts with an extra 140 within the pipeline. Globally, Ennismore presently has eight operational branded residences initiatives together with Hyde Seashore Miami and SLS Puerto Madero Mexico, with an extra 20 branded residences within the pipeline globally, together with SLS Cancun, SO/Uptown Dubai, Mama Shelter Dubai and Mondrian Gold Coast in Australia.
Within the Center East, Ennismore current portfolio consists of 5 operational properties, with a pipeline of 23 extra, together with 25hours Trojena, SLS Purple Sea, Mondrian Abu Dhabi and Mondrian Riyadh Al Malga.