Prestige One Developments to launch new Real Estate Projects in 2025

Prestige One Developments to Expand Portfolio with 11 New Projects in 2025

Prestige One Developments is set to make a significant impact on the Dubai real estate market in 2025 by nearly doubling its portfolio with the launch of 11 new projects. This ambitious expansion will feature a range of luxury residential developments located in prime areas such as Palm Jumeirah, Business Bay, Jumeirah Village Circle (JVC), and Dubai Islands.

Strategic Growth and Expansion

In addition to its projects in the UAE, Prestige One Developments is also looking beyond its borders, targeting new opportunities across the GCC and West Africa. To support this growth, the company is actively recruiting for various in-house roles, including sales, marketing, and customer relations, ensuring that it has the right team in place to drive its ambitious plans forward.

Upcoming Project Completions

As part of its commitment to delivering quality developments, Prestige One Developments will complete and hand over two significant projects in 2025: Vista in Dubai Sports City and The Residence in Jumeirah Village Circle. To date, the company has successfully developed over three million square feet of area in Dubai, aligning with the 2040 Dubai Urban Plan aimed at enhancing urban spaces throughout the city.

Leadership and Innovation

Ajmal Saifi, CEO of Prestige One Developments, expressed confidence in the company’s growth trajectory for 2025.

He stated, “I’m confident that 2025 will be a year of continued growth as we launch new projects and hand over two of our flagship developments in Dubai.”

To further bolster its leadership team, Prestige One has appointed Yamin Shihab, former Managing Director of Colliers Project Leaders (CPL), as Chief Development Officer. With over 25 years of experience across the MENA region and North America, Shihab brings a wealth of knowledge to the company. His previous accolades include receiving the Hamdan bin Mohammed Award for Innovation in Project Management, underscoring his expertise in driving successful developments.

Basma Al Badre, Managing Director, added, “Every project we have brought to the market reflects our commitment to set new benchmarks in real estate. We look forward to achieving even more in the year ahead.”

Record Year and Future Outlook

The expansion plans come on the heels of a record year for Prestige One Developments, during which it launched over 1,500 commercial and residential units across Dubai. In 2024, the company also commenced construction on four new projects and secured an exclusive sponsorship agreement with the Argentina Football Association to enhance its strategic growth.

By the end of 2025, Prestige One Developments anticipates having a total of 25 residential and commercial projects either completed or under development in sought-after locations. With a robust pipeline of exceptional projects and strong investor trust, the company is poised for another standout year in revenue and investment, reinforcing its position as a leader in the competitive real estate market.

Conclusion

With its commitment to innovation and quality, Prestige One Developments is set to redefine luxury living in Dubai while expanding its reach into new markets. As it prepares for an exciting year ahead, all eyes will be on this dynamic developer as it continues to shape the future of real estate in the region.

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