The luxury brand is diversifying its portfolio through acquisitions and hotel management agreements as part of its 'Mission 2030' strategy
Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, has announced the development of three new addresses in Dubai in line with its ‘Mission 2030’ strategy. The additions will include a hotel and two residences.
Jumeirah Asora Bay, hotel and residences, will showcase the evolution of the Jumeirah brand with an elevated design vision and a highly curated experience that is both distinctive and purposeful. Combining architectural innovation with an unparalleled coastal setting, the exclusive development will sit discreetly on the peninsula of La Mer South in Dubai.
Featuring 103 rooms and suites along with 20 villas, the hotel aligns with the company’s renewed vision and investment strategy, which includes a focus on boutique-style properties with up to 150 keys, and places emphasis on suite categories, villas and branded residences. This approach is also reflected in Jumeirah’s European portfolio, which includes established destinations such as Jumeirah Mallorca and Jumeirah Capri Palace.
Scheduled to open in 2029, Jumeirah Asora Bay will join the highly coveted Jumeirah Hotels and Resorts offering.
Complementing the hotel will be the Jumeirah Residences Asora Bay launched with Meraas, a member of Dubai Holding Real Estate. This exclusive residential enclave features 29 residences, including four-to-six-bedroom apartments, one seven-bedroom penthouse and six ocean villas. The development’s hillside location and terraced design offers uninterrupted views of the Arabian Gulf and Dubai’s skyline.
With a focus on branded residences, Jumeirah is also introducing Jumeirah Residences Emirates Towers—a new expression of elevated living that blends vibrant city life with curated and purposeful experiences.
Featuring 754 units, ranging from one-to-four-bedroom apartments, this new development will redefine urban living in Dubai’s business district—a residential experience elevated to new realms. Residents will have access to a wide array of wellbeing and lifestyle facilities, including a padel court, fitness studios, a co-working lounge, a private cinema and a podium pool terrace.
Thomas B Meier, the Chief Executive Officer (CEO) of Jumeirah said: “In line with Jumeirah’s Mission 2030 strategy, our ongoing ambition is to drive sustainable growth and double the size of our portfolio regionally and internationally. Maintaining a leadership position in our home market is integral to that strategy and, following the successful opening of Jumeirah Marsa Al Arab earlier this year, we will further extend our footprint in Dubai with Jumeirah Asora Bay and Jumeirah Residences Emirates Towers. These exceptional properties represent the future of the Jumeirah brand, with distinctive and purposeful experiences shaped by intentional design, mindful living and holistic wellbeing.”
Khalid Al Malik, the CEO of Dubai Holding Real Estate, said: “Meraas is proud to partner with Jumeirah in shaping the future of luxury living in Dubai. Jumeirah Residences Asora Bay and Jumeirah Residences Emirates Towers are more than just residential addresses; they are meticulously designed lifestyle destinations for the world’s most discerning homebuyers and investors. Emulating Meraas’ commitment to exceptional urban experiences, these residences combine innovative design, premium amenities and renowned Jumeirah hospitality, setting a new standard for residential excellence and reinforcing Dubai’s leadership in global luxury real estate.”
The company recently marked its entry into Africa with the introduction of Jumeirah Thanda Island in Tanzania and Jumeirah Thanda Safari in South Africa. Most recently, the brand officially opened the highly anticipated Jumeirah Marsa Al Arab in Dubai—a lifestyle destination that reflects Jumeirah’s vision to create vibrant communities by seamlessly integrating hospitality, residences and retail.
As part of its strategy to diversify its portfolio and drive expansion through both acquisitions and hotel management agreements, Jumeirah has segmented its portfolio into four key offerings that are rooted in luxury Arabian hospitality: Jumeirah Icons, Jumeirah Privé, Jumeirah Hotels and Resorts, and Jumeirah Residences.
Jumeirah Icons currently includes the Jumeirah Burj Al Arab and will become a limited-edition collection of iconic addresses that shape the identity of cities, setting new benchmarks in design, prestige and hospitality.
The newly established Jumeirah Privé, which features Jumeirah Thanda Island, is a curated, ultra-luxury collection of secluded islands, estates and villas, offering the ultimate in privacy and exclusivity paired with the world-class service and amenities of Jumeirah.
Jumeirah Hotels and Resorts remains the foundation of the brand, featuring a range of properties in some of the world’s most inspirational destinations.
The final segment is Jumeirah Residences, which has become an increased focus for the brand, designed to elevate and inspire living well, every day.
With the upcoming openings of Jumeirah The Red Sea in Saudi Arabia and Jumeirah Le Richemond Geneva in Switzerland, the brand continues to expand its presence in major gateway cities and resort destinations, further strengthening its position as a global leader in luxury hospitality.
(With inputs from a press release)