Prestige One Developments

Name

Prestige One Developments

Legal name

Prestige One Developments

Website

https://prestigeone.ae

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

Prestige One Developments is a Dubai-based luxury real estate developer that builds and sells premium residential projects — including Hilton-branded waterfront residences — to high-net-worth individuals and real estate investors across multiple Dubai districts.

Ownership category

akta.pro rank

Product category

Luxury Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Hotels (except Casino Hotels) and Motels (721110)

SIC

Real Estate Dealers (For Their Own Account) (6532), Hotels & Motels (7011)

akta.pro primary industry

Luxury Villas & Residences Resorts (THAGACAM)

akta.pro secondary industries

Premium Condos, Penthouses & High-End Apartments (THAMAEAC), Luxury Vacation Homes & Residences (THAMAEAB)

Keywords

• Luxury real estate development
• Residential property development
• Branded residences
• Waterfront properties
• Dubai luxury housing

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Residential Property Sales: Prestige One Developments generates revenue through the sale of luxury residential units including apartments and penthouses. Revenue is realized upon project completion and handover to buyers.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Prestige One Developments develops and sells luxury residential real estate projects in Dubai, including branded Hilton waterfront residences, signature apartments, and penthouses. The company manages more than 20 active developments with nearly 2,500 units under construction and realizes revenue upon project completion and handover to buyers.

Product overview

Prestige One Developments is a luxury real estate developer in Dubai operating a portfolio of residential projects. The company develops multiple distinct branded and non-branded residential properties including Vista (Dubai Sports City), The Residence (Jumeirah Village Circle), Hilton Residences Dubai Maritime City (the world's first Hilton-branded standalone waterfront residential project), and The One by Prestige One. With nearly 2,500 units under construction across more than 20 active developments, the company positions itself as a leading luxury developer in the UAE real estate market.

Differentiator

Problem solved

Functional benefit

Products and services

• Vista Landmark luxury residential project located in Dubai Sports City and one of Prestige One's key completed developments.
• The Residence Luxury residential project completed in Jumeirah Village Circle and officially handed over by Prestige One Developments.
• Hilton Residences Dubai Maritime City World's first Hilton-branded standalone waterfront residential development featuring a 40+ floor tower with one-, two-, and three-bedroom residences and exclusive penthouses offering 360-degree views of the Arabian Gulf, Dubai skyline, and Palm Jumeirah.
• The One by Prestige One Luxury residential development project awarded Dh500 million in contracts as part of Prestige One's expanding Dubai portfolio.

Quantifiable outcome

• World's first Hilton-branded standalone waterfront residential development

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered flagship and core.

• Hilton (NYSE: HLT)flagshipStrategic or Co-development Partner · 8 November 2025Prestige One Developments signed an agreement with Hilton to develop the first standalone waterfront branded residences under the Hilton Hotels & Resorts brand in the Middle East & Africa. The project features a tower rising over 40 floors at Dubai Maritime City, offering one-, two-, and three-bedroom residences plus exclusive penthouses with 360-degree views of the Arabian Gulf, Dubai skyline, and Palm Jumeirah. The collaboration marks Hilton's expansion into the UAE residential market and represents a milestone development for Prestige One.
• Dubai Land DepartmentcoreOthersDubai Land Department representatives attended the official handover ceremony for Prestige One's Vista project in Dubai Sports City, representing the regulatory body overseeing property transactions in Dubai.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Emaar Properties: Largest Dubai-listed real estate developer with a broad luxury and master-planned portfolio (Downtown Dubai, Dubai Marina, Emaar Beachfront). Competes in the same luxury Dubai residential market with deeper scale and broader brand.
• Dubai Properties: Real estate arm of Dubai Holding active across multiple Dubai districts with luxury and mid-luxury residential product — broader portfolio but same Dubai market and competitive set.

Emerging players

• Binghatti Developers: Fast-growing Dubai developer of branded and luxury residential projects (including branded collaborations like Mercedes-Benz, Bugatti, and Jacob & Co.) — directly comparable branded-residence strategy targeting HNW investors and similar off-plan launch cadence.

Direct peers

• Omniyat: Dubai luxury real estate developer known for ultra-luxury branded residences on the Dubai Water Canal and Palm Jumeirah — closely comparable product (apartments, penthouses) and HNW customer profile.
• Nakheel: Major Dubai master developer behind Palm Jumeirah, Dubai Islands, and waterfront communities — directly comparable focus on waterfront luxury residential and similar HNW buyer pool across Dubai.
• Select Group: Mid-sized Dubai developer of premium and luxury residential projects (e.g., Peninsula, Jumeirah Living) targeting HNW end-users and investors — comparable scale, customer segment, and product mix.
• Danube Properties: Dubai developer of mid-to-premium residential projects targeting end-users and investors — comparable off-plan launch and direct-to-buyer GTM model, albeit at lower price points.
• Meraas: Dubai-based developer of premium lifestyle, waterfront, and branded residential projects (City Walk, Bluewaters Island, Port de La Mer) — comparable luxury positioning and target HNW buyer in premium Dubai districts.
• DAMAC Properties: Leading Dubai-based luxury and branded-residence developer (notably with branded partners including Trump, Paramount, and Versace) that targets HNW buyers and investors with premium off-plan and waterfront projects — directly comparable customer base, product positioning, and GTM.

Regional players

• Aldar Properties: Abu Dhabi-listed UAE developer with premium and luxury residential projects — relevant UAE peer in the regional luxury residential market, though Abu Dhabi-centric rather than Dubai-centric.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/byprestigeone
• Facebookfacebook.com/ByPrestigeOne
• LinkedInlinkedin.com/company/byprestigeone

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prestige One Developments