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Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE, valued at AED 400 Million

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Clédor

In a significant move set to bring Manhattan’s creative legacy to the Middle East, Clédor has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand’s first residences outside of the USA.

With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+ investor returns and average unit prices exceeding AED 14 million.

The signing ceremony took place today, at the elegant Amelia Lounge in Downtown Dubai, in the presence of Omar Gull, Founder & Chairman of Clédor, Karim El Aqabi, from Arthouse, Arch. Abdulla Al Abdouli, CEO, Marjan and Islam El Dafrawy,  Co-founder, Prospect.

“Today’s signing marks the beginning of a powerful collaboration rooted in excellence, heritage, and innovation. We are very excited to partner with Arthouse Hotel, NYC, to bring a legacy of refined and artistic living into the heart of the UAE’s most dynamic communities – Al Marjan Island. With Arthouse, we’re introducing a new style of luxury, one that brings a creative, cultural dimension to Ras Al Khaimah.

“Al Marjan Island is already a powerhouse for leisure and entertainment, drawing visitors and investors from all over the world. Through this partnership with Arthouse, we hope to add a new layer to the island’s story, a place where art and culture live side by side with lifestyle and hospitality. We are truly grateful to Arthouse NYC, and Marjan leadership and our strategic partner Prospect for believing in our vision. Together our partnership will continue to add to the UAE’s every-growing and vibrant real estate landscape,” said Omar Gull, Founder & Chairman of Clédor.

The collaboration brings together Clédor’s robust development expertise with the refined hospitality legacy of Arthouse NYC to introduce a new standard of living through branded residences on Al Marjan Island, Ras Al Khaimah and Meydan, Dubai. The residences will reflect the same elevated design, service, and lifestyle experience that have defined Arthouse’s presence on New York’s Upper West Side for over 100 years.

“I am excited to announce this new chapter for Arthouse and we are honoured to partner with Clédor, who have a deep understanding of the UAE market and clientele. We trust in their experience to build something special and lasting. This is the first time Arthouse is stepping outside the United States of America and together we hope to build a timeless legacy. We chose the UAE, and especially Al Marjan Island, because of the robust growth of real estate, vision of the leadership, and ambition and forward-thinking outlook of the region. This is the beginning of more projects to come to this region from the Arthouse brand portfolio. We would like to express our gratitude to all our stakeholders for the trust and partnership, said  Karim El Aqabi, spokesperson of Arthouse.

“The exquisite mix of fascinating nature and well-preserved history of Ras Al Khaimah has been attracting luxurious facilities and projects to the emirate, elevating our iconic island to one of the UAE’s top destinations for tourism and growth, attracting the best of investments. It is with great pleasure that we welcome Arthouse Residences to Al Marjan Island. Their presence reflects our continued commitment to developing a world-class destination defined by architectural excellence, cultural enrichment, and exceptional quality of life. We look forward to the unique character and prestige Arthouse Residences will bring to our evolving landscape and growing community,” said Arch. Abdulla Al Abdouli, CEO, Marjan.

“We are proud to partner with Clédor in bringing Arthouse NYC to the UAE — a bold and visionary undertaking that bridges global creativity with the region’s dynamic real estate landscape. This collaboration reflects our shared belief in the power of a reputed global brand, investment prospects in Al Marjan Island and innovation in our industry that can shape extraordinary spaces and enduring value. Together, we are laying the foundation for yet another new benchmark in culturally inspired development that resonates with international sensibilities and local ambitions,” added Islam El Dafrawy, Co-founder, Prospect.

This strategic alliance not only solidifies Clédor’s role in driving the UAE property market forward but also marks Arthouse’s official entry into the Middle East—bringing with it a century of curated living to a new generation of luxury homeowners.

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AWARD-WINNING RISING DEVELOPER AUM UNVEILS MULTI-PROJECT GROWTH PORTFOLIO IN DUBAI’S HIGH-DEMAND COMMUNITIES

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Business executives at groundbreaking ceremony holding silver shovels in front of VXP and AUM Development branded backdrop

AUM Developments, recipient of the Rising Star Developer of the Year award at the Smart Built Environment Awards (SBEA), has recently announced significant plans to expansion across Dubai’s residential landscape with three projects now under construction and a fourth development set to launch in Warsan.

The developer has officially broken ground on two residential projects – Veda in Jumeirah Village Circle and Ryze in Warsan, as well as a commercial project, Vertex Pointe, in Arjan. A fourth project is also coming up in Arjan, offering commercial spaces in the heart of the thriving community, further solidifying AUM’s presence across Dubai’s most sought-after emerging communities.

The combined GDV across the current portfolio stands at approximately AED 400 million, demonstrating AUM’s commitment to delivering quality residential developments that reshape urban living standards in Dubai.

“This year reflects the momentum we’ve built around our development strategy by advancing three projects in the first three quarters of the year, while planning our fourth,” said Deepak Batra, Managing Director of AUM Development. “We pay keen attention to selecting locations that genuinely support how people want to live in Dubai, prioritising connectivity, vibrant communities, and access to emerging neighbourhoods. Being recognised as a Rising Star Developer is an encouraging endorsement of our commitment, and we are honoured to continue delivering thoughtfully designed, well-crafted homes on time,” he added.

AUM’s recent recognition at the Smart Built Environment Awards acknowledges the company’s outstanding contribution to Dubai’s urban landscape, particularly its ability to achieve completion times 30% faster than industry standards while maintaining rigorous quality benchmarks. The developer has also been nominated for World Realty Congress for Best Affordable Project of the Year – Off Plan and Best Upcoming Developer of the Year, further cementing its reputation as an innovator in Dubai’s competitive real estate sector.

Under the leadership of Deepak Batra, a Dubai Land Department promotional trustee with over 21 years of UAE real estate experience, AUM operates on a 100% equity-funded model with vertical integration ensuring complete overview across all development phases. This structure has enabled the company to build a strong reputation for early project handovers and exceptional customer satisfaction.

Batra added: “Our growth is built on trust and consistency. We’ve demonstrated that quality and speed need not be mutually exclusive. As we expand our footprint across Dubai, our focus remains on creating communities where design, wellness, and value converge to enhance how people experience everyday life.”

To give buyers a closer look at these offerings, AUM has now opened its sales gallery on Sheikh Zayed Road, welcoming visitors to explore the projects firsthand.

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Dubai Welcomes Adhara Star: Acube’s First Project Officially Handed Over

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Acube Developments has marked a major milestone in its journey as one of Dubai’s fastest-emerging real estate developers with the official handover of Adhara Star, its debut project in Arjan. Completed in under two years since the company’s inception, the development reflects Acube’s rapid rise in Dubai’s competitive property landscape and its ability to deliver on promises of quality, lifestyle, and innovation. With the project fully sold out 3 months after launch. Adhara Star signals strong investor confidence and sets the tone for Acube’s ambitious pipeline of future launches.

The freehold mixed-use project brings together 113 residential units across 13 floors alongside ground-level retail and podium parking. Designed for modern urban living, Adhara Star offers a curated mix of one, 1, 1.5-, 2.5- and 3.5-bedroom apartments, complete with laundry rooms, branded European appliances, and luxury finishes. The project combines affordable luxury with a community-focused lifestyle, appealing to Dubai’s growing base of families and young professionals seeking both connectivity and comfort.

Residents of Adhara Star will benefit from a host of premium amenities, including a rooftop pool, Japanese Zen Garden, male and female health clubs with jacuzzi, sauna and steam rooms, Indoor Gym, a basketball court, padel court, outdoor yoga, and an open-air fitness zone. The development is also a certified Green Building, highlighting Acube’s commitment to sustainable construction and resource-efficient design.

Engr. Imad Eddin Khalil GM_Partner New System Engineering LLC,
Mrs. Archana Iyer Creative Director Acube Real Estate Development,
Mr. Ramjee Iyer CEO & Founder Acube Real Estate Development, Engr.(Left to right)

Commenting on the handover, Ramjee Iyer, Chairman & CEO of Acube Group, said: “The handover of Adhara Star is not only a landmark achievement for Acube Developments but also a reflection of Dubai’s dynamic property market, where speed, precision, and quality make all the difference. By completing our first project in less than two years, we have demonstrated the strength of our fully integrated approach, which allows us to maintain world-class standards. We are proud to deliver Adhara Star as a symbol of luxury, lifestyle, and sustainability, and look forward to continuing this journey with our upcoming projects.

As Acube’s debut project, Adhara Star represents more than just a building, it embodies the company’s philosophy of creating developments that serve as guiding stars for the communities they shape. With its brand promise, “Live on a Star,” Acube is poised to continue delivering projects that combine aspirational living with enduring value.

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AVIAAN BRINGS NEW YORK–BASED ARTHOUSE TO DUBAI IN COLLABORATION WITH CLÉDOR AS DEVELOPMENT PARTNER

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Two business executives signing partnership agreement at press conference with Aviaan, Clé d'Or, and Arthouse Hotel branding

Investor-focused real estate developer AVIAAN today announced the launch of AED 185 million Arthouse Residences project in Meydan. This is the first development under the New York-based Arthouse branded residences portfolio in Dubai and the second in the UAE, following the recent launch of Arthouse Beach Residences in Ras Al Khaimah.

The project strengthens AVIAAN’s strategic partnership with Clédor, which has been appointed as the development management partner for Arthouse Residences in Meydan. Founded by industry veteran Omar Gull, the company leverages decades of experience from leading firms such as Dubai Holding, Emaar Properties, DAMAC Properties, and JLL. Clédor brings extensive experience in project management and construction quality, ensuring that Arthouse Residences will meet the highest standards of development.

Located in the heart of Meydan, one of Dubai’s most desirable residential locations, Arthouse Residences will offer premium residential units designed with AVIAAN’s signature design-first philosophy. The project will provide an elevated living experience with cutting-edge architecture and an exceptional location.

Gaurav Aidasani, Founder & CEO of AVIAAN said: “We are incredibly proud to launch AVIAAN’s first project in Dubai with a globally respected concept like Arthouse. This marks not just a milestone for our company, but a commitment to delivering curated living experiences that speak to the sophistication and ambition of this vibrant city. Our continued partnership with Cledor ensures that we uphold world-class standards in every aspect of development and delivery.”

Omar Gull, Founder of Clédor, added: “Our partnership with AVIAAN is about creating synergy—combining a shared belief in investor-focused development and a commitment to creating lasting value for the market. Arthouse Residences in Meydan is the culmination of this collaboration, reflecting our unified approach to creating exceptional, high-quality living spaces. Being entrusted with the Arthouse brand in regional markets is both an honour and a responsibility. We are excited to build on the success of Arthouse’s launch in Marjan and bring this unique, distinctive concept to the vibrant Dubai market.”

The AVIAAN-Cledor partnership leverages complementary expertise in project management, design excellence, and construction quality. Cledor brings robust development management capabilities, supported by 55+ years of combined management experience and a network of over 20,000 agents across 700+ agencies.

Founded by Gaurav Aidasani, a renowned industry veteran with a billion-dollar track record in sales and over 18 years of experience, AVIAAN is set to deliver an exceptional portfolio of projects valued at AED 1.7 billion across multiple strategic locations in Dubai.

AVIAAN’s entry into the competitive UAE market marks a natural progression for Aidasani, who is widely known for his role in building Union Square House into one of the top five performing brokerages in the UAE. With a transition from brokerage to development, Gaurav brings a wealth of market insight, strong investor trust, and a robust network of industry relationships.

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