Dubai, UAE – Avenue Real Estate Development, the innovative real estate company that originated in Dubai, announced the signing of an agreement with Hilton Group ( NYSE: HLT ) to launch the Waldorf Astoria Dubai Islands Hotel and Waldorf Astoria Residences Dubai Islands project, in a move to bring the most prestigious luxury hospitality brands to one of the most sought-after coastal destinations in the emirate.

After bringing the prestigious Waldorf Astoria brand and its global hospitality expertise to the Dubai Islands, and its designs that balance home comfort with the level of service for which the brand is known, this new project will offer meticulously designed residential units that combine architectural excellence and practical elegance to provide a unique and desirable residential experience that meets the highest standards of luxury and comfort.

The Waldorf Astoria Dubai Islands will feature 150 luxurious rooms and suites, along with a diverse array of dining options including a rooftop restaurant, various dining options, a relaxing poolside lounge, a specialty restaurant, a signature bar, and the iconic Peacock Alley Lounge. Guests will also enjoy upscale amenities such as an outdoor pool, a kids' club, a fitness center, and a spa, further enhancing the brand's legacy of exceptional service and sophisticated design.

Waldorf Astoria Residences Dubai Islands, on the other hand, comprises 120 luxury homes, offering an exclusive collection of luxury furnished apartments whose owners will benefit from services and facilities specifically designed to ensure comfort and privacy, in addition to unlimited access to the hotel's full facilities.

The launch of Waldorf Astoria Residences represents a significant expansion within Avenue's prestigious portfolio of projects, marking its second internationally branded residential development in Dubai Islands and its sixth within the meticulously planned, integrated waterfront community. This move aligns with a strategic direction that leverages Dubai's established global standing as a leading destination for luxury hospitality and branded homes.

The branded residential sector has also witnessed remarkable growth, evolving from a niche market to a leading global investment asset class. With the launch of Waldorf Astoria Residences in Dubai Islands, Avenue Real Estate Development combines its forward-looking vision with the appeal of one of the region's most sought-after coastal destinations. This strategic alignment results in a distinctive residential offering that contributes to building communities that inspire progress, elevate lifestyles, and preserve their value for generations to come.

In the context of the importance of this partnership as a strategic step, Ms. Rasha Hassan, Managing Partner at Avenue Real Estate Development, stated:

"This collaboration reflects a conscious response to the fundamental shifts in global wealth and the growing aspirations of the modern investor. The Waldorf Astoria Residences project in Dubai Islands is not just residential units, but high-quality investment assets designed to deliver sustainable value and based on globally recognized service standards. Our strategy is based on collaborating with brands that ensure the quality, stability, and long-term appeal of the assets. Dubai has succeeded in redefining the real estate concept globally."

For his part, Carlos Khneisser, Chief Development Officer for the Middle East and Africa at Hilton, said: “Waldorf Astoria has always been at the forefront of setting the standard for luxury in the world’s most desirable destinations. We are delighted to partner with Avenue Real Estate Development to launch the iconic Waldorf Astoria hotel and branded residences in Dubai Islands. This partnership represents a significant step in expanding our luxury portfolio in the region and further strengthens our residential offerings. We look forward to welcoming guests and owners to experience the luxury and personalized service that define Waldorf Astoria .”

This exceptional new project embodies Avenue Real Estate Development's commitment to creating homes that are celebrated and not merely livable. The homes have been designed for people who aspire to a lifestyle characterized by timeless elegance, meticulous design, and unparalleled service, reflecting the rich heritage of the Waldorf Astoria brand .

About Avenue Real Estate Development:

Avenue Real Estate Development transcends the traditional concept of real estate development, dedicating itself to creating a lifestyle where comfort and sophistication harmonize to forge lasting memories. Founded in Dubai in 2024 in partnership with Rasha Hassan, Avenue's vision is to design homes that elevate the everyday experience. Avenue believes that a home is not merely a living space, but a place that holds life's most precious moments. Therefore, its designs are based on integrity and precision, developing luxurious and refined communities where elegance feels natural and every detail is utilized to enhance living, connecting, and relaxing.

At Avenue, we don't just build homes; we create holistic experiences that blend sophistication and intimacy, transforming each home into a space of belonging rather than just an address. With our deep commitment to redefining modern comfort, Avenue continues to set new standards for inspiring living in Dubai, one exceptional home after another.

About Waldorf Astoria Hotels & Resorts

The award-winning Waldorf Astoria Hotels & Resorts portfolio comprises 36 distinctive hotels that inspire a sense of belonging and offer an unwavering commitment to elegant service, unique experiences, and exceptional culinary expertise in iconic destinations around the world. The reopening of the Waldorf Astoria New York marked a pivotal moment for the brand, reviving a legend and ushering in a new era of luxury. Waldorf Astoria hotels evoke an inspiring environment and the highest standards of hospitality, ensuring a seamless experience from the moment a guest books until their departure. This is achieved through stunning architecture, exquisite artwork, the Michelin-starred Peacock Alley restaurant and other fine dining experiences, and luxurious in-room amenities. In addition to the renowned Waldorf Astoria offerings, the hotel boasts the finest residential portfolio, providing luxurious accommodations with unparalleled amenities and the exceptional service for which Waldorf Astoria is known. Waldorf Astoria Hotels & Resorts is part of Hilton, a leading hospitality company. Experience the stay of a lifetime at Waldorf Astoria Hotels & Resorts by booking your stay at waldorfastoria.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels receive instant benefits. To learn more about Waldorf Astoria Hotels & Resorts, please visit stories.hilton.com/waldorfastoria and follow the brand on X and Instagram .

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