Cheval Collection has signed a management agreement with Nakheel which will see the debut of its Cheval Maison brand in Dubai.
The 131-serviced apartment property is due to open at the beginning of 2023. It will feature a rooftop pool, a range of one-, two- and three-bedroom apartments including a three-bedroom penthouse, lobby lounge and F&B offering, gymnasium and private parking.
The hotel is located adjacent to the Nakheel Mall, a luxury shopping mall featuring more than 140 shops and over 30 cafés and restaurants, and a short walk from West Beach.
Our vision to take on new management contracts both in the domestic and overseas markets is coming to life. Signing with a group of Nakheel’s pedigree illustrates the strength of our brands and the growing profile we have around the world. Dubai has a well-earned reputation for luxury, and we know that Cheval Maison will be a strong addition to the emirate as it further develops its tourism offering.
Mohammed S. Alawadhi, managing director for Cheval Collection
We are thrilled to have signed with Nakheel and look forward to working with such an experienced team. We are talking to investors and developers in a number of dynamic locations, of which Dubai is a great example. Demand for serviced apartments which can deliver high-quality stays in luxury environments is growing, with investors drawn to high rates of return, agile operations and experienced operators.
Daniel Johansson, director of development & acquisitions, Cheval Collection
The signing of Cheval Maison -The Palm Dubai is the latest for Cheval Collection as it continues its focus on expansion through management contracts. In addition to Dubai the group is due to open two properties in Glasgow; the newly launched brand MY Locanda in 2024 and a recently announced Cheval Maison in Glasgow in 2025.