news-details
Real Estate

Kleindienst Group Sells Out First Phase of Marbella Resort Hotel in 8 Hours

Kleindienst Group, a leading global business conglomerate and the master developer behind The Heart of Europe, has announced the successful sell-out of the first phase of its AED 1 billion Marbella Resort Hotel, Vignette Collection by IHG Hotels and Resorts on the World Islands. The exclusive launch event attracted over 2,000 visitors, underscoring the strong demand for luxury properties in Dubai’s thriving real estate market.

Rapid Sell-Out Highlights Strong Demand

The first phase of the beachfront development, located on the main Europe Island, was sold out within 8 hours, demonstrating significant interest from various nationalities, including UAE nationals, Saudis, Indians, and Europeans. This rapid sell-out highlights the robust demand for high-end real estate in Dubai.

Sarah Ali, Chief Operating Officer of The Heart of Europe, expressed her delight at the overwhelming response: “We are thrilled by the tremendous reaction to the launch of The Marbella Resort Hotel. This project embodies our commitment to providing exceptional experiences that blend innovative design with sustainable practices. The swift sell-out of Phase 1 is a testament to the trust and confidence in our vision and the unique offerings of this development. We look forward to announcing the launch of future phases soon.”

A Slice of Spanish Charm in Dubai

Reflecting the architectural marvels of Spanish Marbella, the Marbella Resort Hotel brings the Costa Del Sol experience to the UAE with its distinct Andalusian-inspired design. As the first Vignette Collection by IHG Hotels and Resorts on the World Islands, the Marbella Resort Hotel will feature 150 luxury keys, including suites, chalets, and cabanas facing either the sea, the snow plaza, or the kilometre-long raining street.

The hotel will be the first to offer private coral reefs for guests, allowing them to explore the stunning underwater world in a truly immersive manner. This unique feature, along with its luxurious accommodations and innovative design, positions the Marbella Resort Hotel as a premier destination for travelers seeking an exceptional and memorable stay.

Investment Opportunities and Future Phases

The Marbella Resort Hotel will provide various pricing options to cater to diverse preferences and requirements, with popular assured and guaranteed returns on investment of 8.33% per annum for 12 years. This attractive investment opportunity is expected to further drive interest in the upcoming phases of the project.

Related News