IHG Hotels & Resorts and Sankari to Launch World’s First Standalone Upper Luxury Regent Residences in Dubai
Dubai, United Arab Emirates, September 10th 2024 – IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the launch of the first Regent Residences in the Middle East through an agreement with Sankari, a premier luxury real estate developer in Dubai.
Regent Residences Dubai – Sankari Place, part of the IHG Hotels & Resorts luxury and lifestyle portfolio, will be situated in Dubai’s Marasi Marina neighbourhood and feature 63 upper luxury units as well as ten floating homes. The launch of the property – expected to be completed at the end of 2027 – is propelled by Dubai’s position as a leader in the luxury lifestyle sector. Also reflecting the expansion of Dubai’s branded residences sector, Regent Residences Dubai – Sankari Place is set to become the world’s first independent Regent Residences property.
Expanding IHG’s high-end portfolio in the region, Regent Residences Dubai – Sankari Place will reflect modern upper luxury, catering to the refined and modern clientele. This flagship project celebrates the unique vision of elevating luxury hospitality experience within a residential ecosystem.
Haitham Mattar, Managing Director, India, Middle East & Africa, IHG, said: “Regent Residences Dubai – Sankari Place represented an unmissable opportunity for IHG to strengthen our offering in the branded residential space in Dubai, a significant market for branded residences and a sector we are keen to rapidly develop market share in. We trust our partnership with Sankari will drive forward our success in this remarkable city and are committed to elevating luxury living options to Dubai residents. With the recent launches of other branded residences in key Dubai locations, we have specifically accelerated our growth in the luxury residences segment.”
Alexandra Yao, Vice President, Global Head of Branded Residences – commented: “The launch of Regent Residences-One Sankari Place marks a significant milestone for IHG’s branded residences portfolio as our first Regent Standalone residential product launched by IHG. Dubai is a key market for luxury living, and this new development sets a new standard for upper luxury waterfront living not just in the region, but globally. Regent Residences-One Sankari Place represents our commitment to bringing exceptional Regent Residences to key gateway locations and becoming the world’s leading brand for luxury residences.”
Mark Phoenix, CEO, Sankari, said: “We are looking forward to working with IHG, which is a world-renowned industry leader. This collaboration will set the stage for a state-of-the-art residential complex with the highest service standards in the UAE. We aim to offer owners and residents an exceptional hospitality experience in their homes. We call this area – Sankari Place.”
Situated on the prominent waterfront peninsula, residents can enjoy views overlooking Dubai Creek and Downtown Dubai. Located within the bustling heart of the city, Regent Residences Dubai will be close to key business and entertainment hubs, as well as promising easy access to both Sheikh Zayed Road and Al Khail Road.
Architecturally, the stunning twin-tower design will feature an exclusive collection of full-floor residences, each with a private swimming pool and expansive outdoor living spaces. The cascading architectural design is conceived with opulent living in mind. The property will feature top of the range facilities, including world-class health and fitness centres, a golf simulator, cinema, and gaming room. Sports enthusiast can enjoy tennis and padel courts, while lovers of fine dining will have access to a private dining room, a cigar lounge, and a cellar. Also scoped into the plan is a business lounge, large spa, and residents’ lounge.
The new Regent Residences Dubai – Sankari Place aligns with IHG’s vision to establish unparalleled Regent destinations in key gateway cities and resort destinations around the world. Each meticulously designed space becomes a stage on which to enable uplifting experiences courtesy of serene touches, thoughtful contrasts, and imaginative extravagances.
Ends
For further information please contact:
Ankita Chopra
Senior Manager, Corporate Affairs, IMEA
IHG Hotels & Resorts
ankita.chopra@ihg.com
+971 4 213 6502
Reem Youssef
Executive, Corporate Affairs, IMEA
IHG Hotels & Resorts
reem.youssef2@ihg.com
+971 4 213 6079