Shamal Holding, a prominent Dubai investment firm, has revealed plans for a landmark hospitality venture in collaboration with LVMH-owned luxury brand Cheval Blanc. The partnership will deliver Dubai’s first Cheval Blanc property, opening in 2029 on a secluded private island in the Arabian Gulf.
The planned Cheval Blanc Dubai maison will offer an intimate setting, comprising 30 elegant suites and 40 private villas with pools, all designed to embody the refined aesthetic synonymous with the Cheval Blanc identity.
A select few branded beachfront residences will also be available for sale. These homes will come with access to Cheval Blanc’s renowned hospitality services, offering buyers the opportunity to enjoy bespoke service in a uniquely private setting.
Shamal said the island project “promises an exclusive retreat that blends architectural sophistication, coastal serenity, and beachfront living.”
Shamal is also behind Dubai Harbour Residences, a luxury low-rise community taking shape along the coastline. In June, the firm awarded a main construction contract worth over $272 million (AED 1 billion) to Khansaheb Civil Engineering. The project team includes H&H as development partner and architect Nikken Sekkei.
With panoramic views of the sea and city skyline, the residences will combine contemporary design with a relaxed coastal lifestyle. With foundation work complete, construction is advancing rapidly.
Dubai Harbour’s masterplan features luxury living, premium shopping, a world-class marina, and hospitality venues. A 1,500-metre bridge—developed with the Roads and Transport Authority—will provide direct access to Sheikh Zayed Road, ensuring seamless connectivity.
The developments support Dubai’s Urban Master Plan 2040 and reflect Shamal’s commitment to visionary placemaking and luxury-led urban investment.
Meanwhile, the city’s high-end property sector continues its upward trajectory. According to AYS Developer, Q2 2025 saw luxury sales over $4.08 million (AED 15 million) hit a record $2.6 billion, driven by robust interest in Dubai’s prime districts.
Property experts expect luxury home prices to rise by 5%–8% annually, with demand strongest in waterfront communities and iconic urban areas.