Hello, I’m Kristina Skalicka, Associate Director at LuxuryProperty.com. Today, I’m excited to bring you an exclusive market update on the Jumeirah Islands, one of Dubai’s most elite and sought-after communities. Over the past 12 months, Jumeirah...
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A $3.9 Billion Gamble That’s Changing the UAE Forever 🤑 Wynn Resorts is betting big on Ras Al Khaimah with the first-ever casino in the UAE This is more than just a casino - it's a game-changer for the Emirate Here's what’s coming: ☑ A 1,000-foot luxury hotel with 1,500 suites and private villas ☑ A 9-acre poolscape with cabanas and water features ☑ 24 world-class restaurants and lounges ☑ High-end shopping, entertainment venues, and state-of-the-art laser shows Dubai may get all the attention, but RAK is stepping into the spotlight with this bold move We are seeing the development of ALL the United Arab Emirates 💪 This isn't just an investment - it's a signal that the UAE is evolving into a global leisure powerhouse Dubai and UAE property investments are delivering some of the highest ROI IN THE WORLD And the best part is? No capital gains All the profits you make are yours to keep
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Jumeirah just made a significant move by appointing Thomas B. Meier as the new CEO. With a track record in luxury hospitality, he's set to chart bold plans for the brand's future. Under his guidance, Jumeirah aims to double its portfolio by 2030, focusing on expanding internationally and enhancing guest experiences. The hospitality landscape is competitive. It's crucial that Jumeirah adapts and innovates, especially with Meier's proven leadership during the brand's recent expansion into Africa and other new markets. His vision could redefine luxury hospitality for a new era. Exciting times are ahead for Jumeirah! 🌍✨ #Jumeirah #LuxuryHospitality #ThomasMeier #CEO #HospitalityExpansion #Innovation Image source: Jumeirah
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Property prices from well-known brands in Dubai will increase by 10-25% due to high demand from individuals with a net worth of $30+ million (UHNWI). Operators offering branded residences include Karl Lagerfeld, Cavalli, Dorchester Collection, and Rixos Hotels. The current average price per square meter is $19,000. Depending on location, brand, and services, property prices may rise by up to 25%. Rental income from branded properties will grow by 12% annually until 2026. UHNWI are attracted by: ▪️Security ▪️ Exclusivity ▪️ Service and prestige
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♠️♥️♣️♦️ If you haven’t heard about the Wynn Casino coming to the UAE - where have you been? This is huge news and shows that once again, the UAE continues to break boundaries and exceed expectations. Why do I think this will be one of the areas with the highest growth in THE WORLD? 1 - The Wynn Casino will attract tourists on a global scale like never seen before. Already, the UAE has the most visited tourist attraction in the world (Dubai mall) and the Wynn Casino is set to rival those numbers🎰 2 - High performing rental asset as it will be busy 24/7, 365 days a year. Due to the hot weather, the UAE tends to have a high season (September-May) and a low season (June-August) and still continues to yield 10%+ annually. The casino is predicted to be busy all year round which will buck this trend and will produce even higher yields! Remember - Las Vegas is also in a desert 🏜️ 3 - A strong commodity as properties here tick almost every box: Beach front living, breathtaking views, close to amenities, great facilities, high demand✅ 4 - World leading brands: Already RAK has industry monsters on their shores, such as The Ritz Carlton, Anantara, Mövenpick and various others with much more still to come - including Armani Resorts, Nobu, Nikki Beach, Address Hotels, Ushuaia, Aston Martin Residences, The Westin…the list goes on. I’m already brushing up on my Blackjack skills in anticipation and I suggest you do the same. Mark my words, this place will be one of a kind🥇
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Jumeirah, a luxury hospitality group based in Dubai, has appointed Thomas B Meier as its Chief Executive Officer as part of the group’s plan to accelerate international expansion and growth. #IndiaOutbound #IndiaOutboundMagazine Jumeirah Thomas B. Meier KommuniQ https://lnkd.in/gC3UU6ZG
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Exciting times ahead
IHG Hotels & Resorts is expanding its presence in the UAE through a strategic partnership with ALDAR, the country’s leading real estate developer. Together, they will embark on a major repositioning project on Yas Island, transforming six hotels within the Yas Plaza complex into a unified Vignette Collection resort. The franchise agreement involves the refurbishment and conversion of the current hotels into distinct properties within the newly named Straylight Yas, Vignette Collection. A key element of the project is to open private beach access to the complex for the first time. "Through this landmark franchise agreement, we are demonstrating our commitment to support Abu Dhabi’s efforts to further enhance its leading position as a world-class family tourism destination." Haitham Mattar, managing director, India, Middle East & Africa at IHG, said. Read more: https://lnkd.in/dMXTTCHA #AbuDhabi #AbuDhabiRealEstate #RealEstate #YasIsland #Hospitality
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We are delighted to share that Arabian Courtyard Hotel & Spa, a signature destination in the heart of Dubai, has partnered with RateGain to enhance its distribution and revenue optimization. With the integration of RateGain’s Channel Manager, Navigator, and Parity Solutions, the hotel is now equipped to streamline its operations, maintain rate integrity, and leverage real-time market insights. This partnership empowers Arabian Courtyard to reach new audiences while continuing to deliver its renowned Arabian hospitality. #ArabianCourtyard #RateGain #ChannelManager #Navigator #ParitySolutions #DubaiHotels #HospitalityTech
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The Risks of Misplaced Brand Positioning: Protecting Luxury in Prime Locations Case study: Fairmont Doha vs Raffles Doha (in SAME building) Securing a prime location is undoubtedly a significant advantage for luxury brands, but it comes with the responsibility of maintaining brand integrity and exclusivity. Operators must carefully consider the implications of sharing prestigious real estate with competing brands. By ensuring clear differentiation, consistent guest experiences, and strategic positioning, luxury brands can protect their value and continue to thrive in competitive markets. In the quest for prime locations, it is essential to remember that the ultimate goal is not just to occupy space, but to elevate the brand and create unforgettable experiences for discerning travelers. #LocationIntelligence #SWOT Accor Raffles Doha Fairmont Doha Fairmont Hotels & Resorts Raffles Hotels & Resorts Moustafa Manoon
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Keturah, the revolutionary global luxury wellbeing real estate and hospitality concept said that its total sales for Keturah Reserve and ‘The Ritz-Carlton Residences, Dubai, Creekside', part of the Keturah Resort, have reached AED 6.1 billion ($1.66 billion) in 2024. Read more on https://lnkd.in/df6TwBx4 #GCnews
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Branded residences are trending in Dubai, but are they all worth the hype? Residences partnered with hospitality brands typically offer superior quality and higher standards. Watch my full take on YouTube now. #DubaiPropertyMarket #LuxuryRealEstate #RealEstateInvesting #BrandedProperties
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