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Dubai, UAE – August 6, 2025 - Dubai-based investment powerhouse Shamal Holding announced on Monday a landmark partnership with Cheval Blanc, the luxury hospitality brand owned by France’s LVMH, to develop an exclusive island resort in the Gulf.
Slated to open in 2029, the project will mark the first Cheval Blanc property in Dubai, introducing an ultra-premium destination that blends privacy, luxury, and architectural finesse.
Located on a private island surrounded by the Gulf’s pristine waters, Cheval Blanc Dubai will feature 30 suites and 40 private pool villas, each reflecting the brand’s distinctive design ethos. A select number of branded beachfront residences will also be offered for private ownership, providing homeowners full access to Cheval Blanc’s exclusive hospitality services.
“The project promises an exclusive retreat that blends architectural sophistication, coastal serenity, and beachfront living,” Shamal Holding said in a statement.
The development is expected to draw high-net-worth individuals seeking unmatched seclusion, service, and investment-grade real estate in Dubai’s growing luxury market.
In addition to the Cheval Blanc collaboration, Shamal Holding is actively expanding its luxury real estate portfolio with the Dubai Harbour Residences—a refined, low-rise beachfront community.
In June, Shamal awarded a main works contract worth over $272 million (AED1 billion) to Khansaheb Civil Engineering for the development. The firm will collaborate with H&H and internationally renowned architect Nikken Sekkei to bring the vision to life.
With foundation work and beachfront formation already completed, construction is now moving into full swing. The residences will offer panoramic views of the sea and Dubai’s skyline, and will be part of a broader waterfront district featuring luxury residences, high-end retail, a world-class marina, and curated hospitality.
A new 1,500-metre bridge, developed with Dubai’s Roads and Transport Authority (RTA), will connect the area directly to Sheikh Zayed Road, significantly improving access.
The initiative aligns with Dubai’s Urban Master Plan 2040, emphasizing sustainable, connected, and luxurious urban development. It also reinforces Shamal’s role in redefining urban coastal living through thoughtful design and strategic partnerships.
Dubai’s luxury property market is experiencing record-breaking momentum. In Q2 2025, sales of homes priced above $4.08 million (AED15 million) hit $2.6 billion, according to UAE-based AYS Developer.
The surge reflects increased global investor confidence, fueled by strong capital appreciation potential and Dubai’s growing reputation as a luxury lifestyle capital.
Key high-demand zones include Palm Jumeirah and Downtown Dubai, both known for world-class amenities, waterfront settings, and international appeal.
Industry analysts forecast continued price growth in the luxury segment, with annual appreciation rates projected between 5% and 8%.
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