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AVENEW Development and Wadeen Developers announce the launch of Cheval Residences at Dubai Islands

AVENEW Development and Wadeen Developers announce the launch of Cheval Residences at Dubai Islands

The launch of Cheval Residences at Dubai Islands represents a significant new opportunity for business clients focused on the luxury real estate and hospitality sectors. This joint venture between two Dubai-based developers and a renowned UK hospitality brand, Cheval Collection, signals strong continued growth in Dubai's high-end property market. The project introduces internationally branded serviced residences to a prime beachfront location.

For investors, this development offers a premium asset class known for potentially strong rental yields and capital appreciation, backed by a reputable international operator. For businesses in the luxury ecosystem—such as interior design firms, high-end suppliers, and specialized facility management companies—this launch creates a new pipeline of high-value commercial opportunities. It also reaffirms Dubai's status as a top global destination for luxury living and hospitality, attracting foreign investment and prestigious brands, which further strengthens the overall business environment.