Prestige One Developments, a real estate company based in the UAE, is looking to hire new staff as it plans to expand its operations in 2025. The company is actively recruiting for roles in sales, marketing, and customer relations to help manage its rapid growth.
Prestige One Developments’ 11 new projects
In 2025, the company will nearly double its portfolio by launching 11 new projects across the Emirates, including luxury residential developments in prime locations such as Palm Jumeirah, Business Bay, JVC, and Dubai Islands. Additionally, Prestige One is expanding into new markets in the GCC and West Africa.
Along with these exciting developments, the company is also set to complete and hand over two major projects— Vista in Dubai Sports City and The Residence in Jumeirah Village Circle — by the end of 2025.
Having already developed over three million square feet of space in Dubai, Prestige One is aligned with the 2040 Dubai Urban Plan, contributing to the city’s growth and urban development.
Handover of two projects
Ajmal Saifi, CEO Prestige One Developments, said, “I’m confident that 2025 will be a year of continued growth, as we launch new projects and handover two of our flagship developments in Dubai. We are expanding our portfolio, team, regional and international operations and we remain deeply committed to enhancing and adding strategic value for communities.”
Basma Al Badre, Managing Director, added, “Every project we have brought to the market reflects our commitment to set new benchmarks in real estate. The strength of performance in 2024, with record revenues and the strongest pipeline of development in our history, has been a testament to our team’s hard work and resilience. We look forward to achieving even more in the year ahead.”
To support its upward trajectory, Prestige One Developments has also appointed the former Managing Director of Colliers Project Leaders (CPL), Yamin Shihab as Chief Development Officer. Shihab has more than 25 years of experience across MENA and North America, including receiving the Hamdan bin Mohammed Award for Innovation in Project Management during his tenure at CPL.
The expansion plans follow a record year for the developer, in which it launched more than 1,500 commercial and residential units across Dubai, including premium developments on Palm Jumeirah, Dubai Islands and Mohammed Bin Rashid City (MBR City).
In 2024, the company also commenced construction on four new projects and signed an exclusive sponsorship agreement with the Argentina Football Association to support its strategic growth. It recently celebrated these achievements at a star-studded gala event at Jumeirah Beach Hotel.
By the end of 2025, the developer will have a total of 25 residential and commercial projects (completed and under development) in sought-after areas.
Prestige One Developments remains confident in the demand for premium properties in key locations despite market speculation around oversupply. With a pipeline of exceptional projects and ongoing investor trust, Prestige One anticipates another standout year for revenue and investment, reinforcing its position as a leader in the market.
tanvir@dubainewsweek.com