Dubai’s Shamal Holding and LVMH’s Cheval Blanc to Build Luxury Island Resort in Arabian Gulf
Shamal Holding, an investment company based in Dubai, has announced a new luxury resort project in partnership with Cheval Blanc, a high-end hotel brand owned by French company LVMH.
First Cheval Blanc Hotel in Dubai
The new Cheval Blanc hotel is set to open in 2029 and will be the brand’s first property in Dubai. It will be built on a private island in the Arabian Gulf. The resort will have 30 luxury suites and 40 private villas with pools, all designed in Cheval Blanc’s elegant style.
Some beachfront homes will also be sold to private buyers. These homes will include access to Cheval Blanc’s top-quality hotel services, giving owners a mix of private living and five-star hospitality on a quiet island.
Shamal said the resort will offer a peaceful escape with beautiful architecture and ocean views.
More Projects by Shamal
Shamal is also building another luxury area called Dubai Harbour Residences. In June, they gave a major construction contract worth over $272 million (AED 1 billion) to Khansaheb Civil Engineering. This company will work with developers H&H and famous architects Nikken Sekkei.
The new homes in Dubai Harbour will be low-rise buildings with amazing views of the sea and city. The foundation work is already done, and full construction will now begin. This area will also include luxury homes, shops, a world-class marina, and hotels. A new 1,500-meter bridge will connect it to Sheikh Zayed Road, making it easier to reach.
This project supports Dubai’s 2040 Urban Plan and shows Shamal’s goal of creating beautiful, modern living spaces near the coast.
Dubai’s Luxury Property Boom
Luxury homes in Dubai are selling fast. In the second quarter of 2025, homes priced over $4.08 million (AED 15 million) reached record sales of $2.6 billion, according to UAE-based AYS Developer. Investors are interested because of rising property values and Dubai’s strong reputation as a luxury destination.
Experts say prices for high-end homes could grow 5% to 8% each year, especially in popular areas like Palm Jumeirah and Downtown Dubai, which offer great views and top-class facilities.
Published: 5th August 2025
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