Investor takeaway
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Prestige One Developments is set to expand its portfolio with 11 new luxury residential projects across Dubai, alongside regional and international growth plans.
Key Highlights:
- Expansion Plans: Prestige One Developments will nearly double its portfolio in 2025 with new projects across Palm Jumeirah, Business Bay, JVC, and Dubai Islands.
- Regional Growth: The company is expanding beyond the UAE into the GCC and West Africa.
- Project Completions: The developer will hand over two flagship projects—Vista in Dubai Sports City and The Residence in JVC.
- Alignment with Dubai 2040 Urban Plan: The company has developed over three million square feet in Dubai, enhancing urban spaces.
- Leadership Expansion: Yamin Shihab, former MD of Colliers Project Leaders, has been appointed as Chief Development Officer.
- Record Year in 2024: Over 1,500 commercial and residential units launched, alongside new project constructions and a partnership with the Argentina Football Association.
- Long-Term Vision: By the end of 2025, the company will have 25 residential and commercial projects completed or under development in prime locations.
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