Saudi’s Dar Al Arkan unveils Dhs1bn W Residences Dubai – Downtown

Saudi-based real estate company, Dar Al Arkan, has unveiled W Residences Dubai – Downtown. The Dhs1bn exclusive development is set to be among the first standalone residences in the world under the W Hotels brand.

The development, which will be managed by Marriott International, is situated in Downtown Dubai. Construction of the project is currently underway and is estimated to be completed by December 2025.

It is Dar Al Arkan’s third project in Dubai, following the launches of Urban Oasis in collaboration with Missoni, and Da Vinci Tower in partnership with Pagani Automobili. Dar Al Arkan is the largest non-governmental developer in the Middle East with Dh30bn in assets.

Ziad El Chaar, vice chairman of Dar Al Arkan Properties, said: “The Residences’ architecture, interiors and amenities make it a distinct, standout tower in the midst of many other high-rises. This is our third project in the Downtown Dubai area and I believe it’s a unique and fulfilling location to own your dream home.”

Jaidev Menezes, vice president, Mixed-Use Development – Europe, Middle East and Africa, Marriott International, commented: “We are delighted to work with Dar Al Arkan to launch this residential development under the W brand.  With its vibrant design and impeccable service, W Residences Dubai – Downtown will be a great fit in Dubai’s iconic Downtown district.”

The tower consists of 384 exclusive, high-end residences. Residents will have access to amenities such as a media room, with a cinema, gaming equipment, coworking space, meeting rooms and a clubhouse.

Short terms rentals are prohibited to ensure exclusivity and maintain a higher property valuation.