UAE: Luxury hospitality company Cheval Collection will open its first branded residence project in Dubai, set for completion in 2029.
Cheval Residences Dubai Islands is a three-way partnership between Cheval Collection, Dubai-based AVENEW Development, and Wadeen Developers.
The project will comprise 99 one, two and three bedroom apartments and a range of fitness and leisure facilities.
Mohammed Alawadhi, managing director of Cheval Collection, said: “Our expansion into the branded residences sector is a natural progression for Cheval Collection, which is already firmly established as a world leader in luxury serviced apartments.
“Cheval Residences Dubai Islands will appeal to end users and long-term investors seeking stable, experience-led real estate assets at this fast-growing waterfront destination. We are delighted to add this unique property to our ever-expanding Middle East portfolio, and proud to play an ongoing role in the growth and success of the region’s real estate, tourism and hospitality sectors,” he added.
Rasha Hassan, managing partner of AVENEW Development, said: “Global living patterns are changing, and real estate must evolve alongside them. This project reflects a shared belief between AVENEW and Wadeen that the future lies in lifestyle-driven assets, not just standalone buildings. Partnering with Cheval Collection allows us to deliver a globally recognised service standard while creating a development with lasting value for both residents and investors.”
Mohammed Al-Mannai, CEO and founder of Wadeen Developers, added: “This project represents a transformative milestone in Wadeen’s journey – a powerful step into Dubai’s dynamic real estate landscape. Backed by our successful legacy in Qatar, we are bringing fresh investment thinking and forward-looking concepts to one of the world’s most competitive markets. In partnership with AVENEW Development and Cheval Collection, we are setting new benchmarks for modern living in Dubai.”
Elsewhere in Dubai, Cheval operates two Cheval Maison properties: one on The Palm, and the other in Expo City.
The company has two properties under development in Riyadh: Cheval Ladun Living which is due to open in 2027, and Cheval Maison – Sulaymaniyah, slated for completion in 2028.
Highlights:
- Cheval Collection will enter the branded residences sector with Cheval Residences Dubai Islands, a 99-unit development scheduled for completion by 2029.
- The Dubai Islands project is a joint venture between Cheval Collection, AVENEW Development and Wadeen Developers.
- Located within Dubai Islands, the development will feature one, two and three-bedroom apartments alongside fitness and leisure amenities aimed at long-term residents and investors.
- The branded residence scheme represents Cheval Collection’s third property in Dubai and fifth in the Middle East.
- Elsewhere in the region, Cheval continues pipeline growth with projects including Cheval Ladun Living opening in 2027 and Cheval Maison – Sulaymaniyah due for completion in 2028.
