Dubai, UAE – The Kleindienst Group, a prominent global business conglomerate and master developer of The Heart of Europe, has announced the successful sell-out of the first phase of its AED 1 billion Marbella Resort Hotel, Vignette Collection by IHG Hotels and Resorts, located on the World Islands. The exclusive launch event drew over 2,000 visitors, underscoring the robust demand for luxury properties in Dubai’s thriving real estate market.
The initial phase of this beachfront development, situated on the main Europe Island, sold out within a remarkable eight hours. The strong interest came from a diverse array of nationalities, including UAE nationals, Saudis, Indians, and Europeans.
Sarah Ali, Chief Operating Officer of The Heart of Europe, expressed her delight at the overwhelming response to the launch. “We are delighted by the overwhelming response to the launch of The Marbella Resort Hotel. This project showcases our dedication to offering outstanding experiences that integrate cutting-edge innovation with sustainable practices. The swift sell-out of Phase 1 is a clear testament to the trust and confidence in our vision and the distinctive offerings of this development. We eagerly anticipate announcing the launch of future phases soon,” she stated.
The Marbella Resort Hotel, inspired by the architectural marvels of Spanish Marbella, aims to bring the Costa Del Sol experience to the UAE with its unique Andalusian-inspired design. As the first Vignette Collection by IHG Hotels and Resorts on the World Islands, the Marbella Resort Hotel will feature 150 luxury keys, suites, chalets, and cabanas, offering stunning views of the sea, the snow plaza, or the raining street. The hotel will also boast private coral reefs for guests, providing a truly immersive underwater experience.
The Marbella Resort Hotel will offer various pricing options to accommodate diverse preferences and requirements. Additionally, it promises attractive returns on investment, with assured and guaranteed returns of 8.33% per annum for 12 years.