Almal Real Estate Development, renowned for its innovative luxury residential and hospitality projects, is embarking on a significant expansion as part of its 2030 strategic growth plan. The company is set to diversify into the commercial sector with the introduction of “The Smart Space,” a network of premium business centers across the UAE offering five-star amenities. These centers will cater to the growing demand for flexible, high-end office spaces, aligning with Dubai’s 2040 Urban Master Plan, which emphasizes sustainable growth in commercial districts.
In addition to its domestic ventures, Almal is preparing to enter international markets, specifically in Bali and Thailand. The company plans to develop luxurious villa and townhouse communities that harmonize with the natural beauty of these regions, aiming to offer exceptional lifestyles for both local and international buyers.
Meanwhile, Almal continues to progress on its flagship developments in the UAE. The Unexpected Al Marjan Island Hotel and Residence in Ras Al Khaimah, managed by Palladium Hotel Group under The Unexpected Hotels brand, is poised to redefine luxury hospitality with over 422 hotel rooms and fully managed residential units. The project is scheduled for completion in the first quarter of 2027. Additionally, the Harrisoni Villas, a collection of ultra-luxury five-bedroom villas in La Mer South, Dubai, has been completed and is currently on the market, with listings starting at AED 100 million.
These initiatives underscore Almal Real Estate Development’s commitment to growth and innovation, both locally and internationally, as the company continues to shape the future of real estate with high-end solutions.
