AVENEW and Wadeen Launch Cheval Residences at Dubai Islands

DUBAI, UAE – Dubai-based developers AVENEW Development and Wadeen Developers have announced the launch of Cheval Residences Dubai Islands, a beachfront development comprising serviced hotel residences operated by Cheval Collection, the award-winning UK hospitality brand with a growing international presence including the UAE and Saudi Arabia.

The launch introduces a new model of professionally managed serviced living in Dubai, bringing together AVENEW’s lifestyle-led development approach with Wadeen Developers’ expertise in delivering high-quality residential assets.

Located along the waterfront, Cheval Residences Dubai Islands is designed as a long-term serviced residential offering that combines five-star hospitality standards with the comfort and functionality of private living. The development will offer direct beach access, enhancing both lifestyle appeal and long-term investment value.

The project will comprise 99 units, including one-, two- and three-bedroom serviced hotel residences. Targeting modern global residents who live between cities, the scheme is positioned to deliver a residential experience that blends full-service hotel operations with the comfort and privacy of long-term living. Moving beyond traditional ultra-luxury concepts, it responds to changing market demand for serviced living that prioritises wellbeing, convenience and long-term relevance.

Rasha Hassan, Managing Partner of AVENEW Development, commented: “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.”

“At Wadeen Developers, we don’t just build properties - we craft exceptional lifestyles defined by innovation, elegance, and purpose”, said the CEO & Founder of Wadeen Developers, Mohammed Al-Mannai. “Our flagship project at Dubai Islands is a bold expression of this vision, where refined waterfront living meets world-class amenities, smart technologies, and sustainable design to create an unparalleled residential experience.”

“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.”

Mohammed Alawadhi, Managing Director, 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, our first seafront property in the Middle East, is set to become the flagship serviced residential offering at the islands, setting new standards of high-end living in the UAE, and reinforcing our commitment to sustained growth in the region.

“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.

The project will be operated by Cheval Collection, bringing its internationally recognised standards in serviced hospitality, long-stay management and guest experience to Dubai Islands. The architecture will prioritise spatial harmony, natural light and a strong connection to the surrounding beachfront environment, aligning with the joint venture’s focus on quality and long-term liveability.

Dubai Islands continues to emerge as one of the city’s most promising waterfront destinations, supported by ongoing infrastructure development and increasing demand for lifestyle-led communities. The project also aligns with the Dubai 2040 Urban Master Plan, contributing to the emirate’s long-term vision for sustainable and connected coastal living.

Positioned as a flagship serviced residential offering on Dubai Islands, the development is designed to retain long-term relevance, appealing to both end users and investors seeking stable, experience-led real estate assets in one of Dubai’s emerging waterfront destinations.