Shamal Holding, the Dubai-based diversified investment company, has partnered with LVMH’s luxury hotel brand Cheval Blanc to launch an exclusive resort on a private island in the Arabian Gulf, due to open in 2029.
This will be Cheval Blanc’s inaugural venture in Dubai. The forthcoming Cheval Blanc Dubai maison will feature 30 luxury suites and 40 private villas with pools, all designed with the distinctive style for which the brand is known.
A limited number of branded beachfront residences will be offered for private ownership. These homes will include full access to Cheval Blanc’s hospitality offering, providing a unique lifestyle investment that blends world-class service with remote island tranquillity.
The development “promises an exclusive retreat that blends architectural sophistication, coastal serenity, and beachfront living,” said Shamal in an official release.
Shamal is also advancing its Dubai Harbour Residences project. In June, it awarded a major contract valued at over $272 million (AED 1 billion) to Khansaheb Civil Engineering, with support from development partner H&H and acclaimed architecture firm Nikken Sekkei.
The low-rise community will offer expansive sea and skyline views, marrying elegant urban living with beachfront calm. With foundational and beachfront preparation already finalised, vertical construction is moving ahead.
The Dubai Harbour area will host upscale residences, retail, marina services and hospitality venues. A new 1.5-kilometre bridge, developed with Dubai’s RTA, will link the district directly to Sheikh Zayed Road.
Both projects are aligned with the Dubai Urban Master Plan 2040 and illustrate Shamal’s mission to invest in next-generation coastal living through design-led, high-value development.
The announcement comes as Dubai’s prime property market continues to outperform. Luxury sales above $4.08 million (AED 15 million) totalled $2.6 billion in Q2 2025, according to AYS Developer, confirming Dubai’s appeal as a global investment and lifestyle hub.
Industry forecasts suggest price growth in the city’s ultra-prime segment will range between 5% and 8% annually, as demand remains strong in premium areas like Downtown Dubai and Palm Jumeirah.
