KORA Properties, the real estate arm of APPCORP Holding, has launched IL VENTO, a 40-floor luxury apartment tower in Dubai Maritime City. Named after the Italian word for ‘The Wind,’ the tower features 330 apartments, including four penthouses with private pools. The development blends serene coastal beauty with urban convenience, being only 15 minutes from Dubai Mall and the airport. It offers residents over 40 facilities and amenities, including a sky pool and yoga area.
DAMAC Properties has launched DAMAC Islands 2, its seventh master community in Dubai, with a focus on redefining waterfront living. The development draws inspiration from eight picturesque island destinations including Antigua and Mauritius. Building on the success of DAMAC Islands, the new project features crystal lagoons, lush landscapes and wellness-focused designs. The launch event at the Coca-Cola Arena was hosted by Hussain Sajwani and Amira Sajwani. Star appearances were made by Bollywood actors Ranbir Kapoor and Alia Bhatt.
Sino Jet, Asia-Pacific's leading business aviation company, has announced a strategic partnership with Aranya's lifestyle hotel collective, “ATITHYA – The Art of Hospitality.” The alliance, unveiled in Hong Kong, is designed to create a seamless luxury travel continuum from air to ground for sophisticated travellers. This new integrated model sees Sino Jet become the exclusive charter aviation partner for the hotel collective. The collaboration merges Sino Jet’s global network with ATITHYA’s destination-focused properties.
Luxury real estate developer Sobha Realty has launched "The Mirage," adding 677 new apartments to its flagship Sobha Central master development on Sheikh Zayed Road. This expansion follows exceptional early sales at the site, which totalled AED 3.5 billion from over 1,500 units sold. The development attracts a highly international investor base, led by buyers from India (26%) and Europe (15%), highlighting the project’s global appeal and the strong demand for luxury residences in central Dubai
IHG Hotels & Resorts has signed a management agreement with Lumbini Heritage Limited to develop Crowne Plaza Lumbini, scheduled to open in 2026. The 147-key hotel will strengthen IHG’s premium presence in Nepal, catering to spiritual and MICE travellers. Located near Lumbini’s pilgrimage site and Gautam Buddha Airport, the hotel aims to set a benchmark for world-class hospitality.
Cross Hotels & Resorts is set to be acquired by Sono International Co. Ltd., a leading South Korean hospitality group. The move combines Cross’s lifestyle and luxury hotel expertise with Sono’s regional knowledge and operational strengths. With 28 properties across Thailand, Indonesia, Vietnam, and Japan, the partnership positions the brand for further expansion across Asia.
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