In a strategic move, Kuwait’s IFA Hotels and Resorts has revealed plans to construct a new residential complex in Dubai. A prominent player in mixed-use hotel and residential resort projects is building an estimated value of AED 858 million property($233.6 million). Executed through a joint venture led by C Seventeen Investment, the Dubai-based subsidiary of IFA Hotels and Resorts, this venture signals a significant commitment to the flourishing real estate market of Dubai.
C Seventeen Investment Takes The Lead
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The joint venture company, C Seventeen Investment, has officially expressed its keen interest in developing this residential complex. It is strategically situated in a prime area of Dubai. Planned to be a comprehensive living space, the project will encompass multiple residential buildings. Similar to its previous residential projects, we expect it to have a diverse array of units ranging from studios to penthouses. Beyond living spaces, the complex should feature a host of amenities, including swimming pools, gyms, spas, and meticulously landscaped gardens.
IFA Hotels and Resorts, A Global Leader in Hospitality And Real Estate
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The company’s focus extends globally, positioning it as a leader in integrated and mixed-use hotel and residential resort projects. It’s coupled with luxury leisure services.
Global Footprint: Premium Destinations Across Continents
IFA Hotels and Resorts has left an indelible mark on the global map with premium vacation and residential destinations. Notable projects include Fairmont The Palm and Movenpick Hotel, Jumeirah Lakes Towers in Dubai, Zimbali Coastal Resort and Legends Golf and Safari Resort in South Africa, and Palm Residence in Dubai.
Strategic Vision Of Core Businesses & Market Expansion
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IFA Hotels and Resorts pursues expansion by venturing into residential operating companies that offer both retail and wholesale property management services. The company remains nimble, consistently evaluating emerging markets for strategic acquisitions and partnerships, thereby diversifying and expanding its portfolio across, Africa, and the Middle East.
Integrated Property Services: Strive Services Group Takes the Lead
IFA Hotels and Resorts established Strive Services Group. In an effort to bolster its operational assets and provide integrated property services, . It’s a subsidiary offering facilities management, property management, concierge services, and more. This strategic move enhances the company’s ability to provide comprehensive solutions to its operational assets. Also, it extends its services to third-party clients.
Also Read: This Dubai Resident Is Road Tripping From Dubai To China & It’s Pure Travel Goals!
IFA Hotels and Resorts’ Commitment to Innovation
The unveiling of the new residential complex in Dubai stands as a result of IFA Hotels and Resorts’ unwavering commitment to its vision. They believe in only delivering high-quality and innovative projects. This ambitious venture aligns seamlessly with the evolving needs and preferences of its customers. It significantly contributes to the growth and development of Dubai’s dynamic real estate sector. It’s one of the most attractive markets globally. The project symbolizes IFA Hotels and Resorts’ dedication to shaping the future of urban living in Dubai.
Cover Image Courtesy: Website/ IFA Hotels & Resorts
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