Chedi Hospitality has announced a new luxury development in Dubai, signing a management agreement with long-term partner Al Seeb Real Estate Development for The Chedi Private Residences Downtown.
The project, which will bring the brand’s refined philosophy, A Voyage Unbound, to the centre of Dubai, follows the successful launch of The Chedi Private Residences Sheikh Zayed Road earlier this year. The first venture achieved significant commercial success, with 65% of its units sold within months of its debut.
This swift follow-up development reflects Chedi Hospitality’s clear focus on expanding its presence in the luxury residential market, working with partners who uphold the same standards of excellence and cultural authenticity. The announcement also comes soon after the unveiling of The Chedi Residences Wadi Safar in Saudi Arabia, demonstrating the group’s accelerating growth across the Middle East.
Stephan Schupbach, Chief Executive Officer of Chedi Hospitality, stated: “Our trajectory is clear — Chedi Hospitality is embracing its evolving role as a global house of refined living experiences. Our legacy gives us strength, but our future is what drives us. The Chedi Private Residences Downtown reflects not only our continued vision for thoughtful growth but also the strength of our celebrated partnership with Al Seeb Real Estate Development. Together, we share the same pursuit of excellence and authenticity that defines The Chedi experience. Each new signing, whether a hotel or a residence, embodies our commitment to creating living experiences that are deeply personable yet globally resonant, refined, connected, and timeless.”
Mahesh Kalwani, Vice Chairman of Al Seeb Real Estate Development, emphasised the value of the ongoing partnership: “Our collaboration with Chedi Hospitality has always been defined by trust, respect, and an uncompromising pursuit of quality. We are proud to work together again with Chedi Hospitality on a project that represents excellence in both form and spirit. The Chedi Private Residences Downtown will set a new benchmark for refined living in Dubai, blending Chedi’s world-renowned service culture with Al Seeb’s commitment to quality and craftsmanship. Following the overwhelming success of The Chedi Private Residences Sheikh Zayed Road, this next chapter reflects our shared vision to create enduring landmarks that elevate the city’s residential landscape.”
The new agreement highlights Chedi Hospitality’s precise approach to growth, one built on established partnerships and a common pursuit of quality. The collaboration with Al Seeb Real Estate Development provides proof of Chedi’s commitment to creating high-quality destinations that combine thoughtful design, exceptional service, and a distinct sense of place.