Aldar partners with Hilton to develop Yas Island's first branded residences
In the presence of Aldar's Group Chief Executive Officer, Talal Al Dhiyebi, the partnership was signed by Jonathan Emery, Chief Executive Officer at Aldar Development and Daniel Wakeling, Vice President Development Luxury & Residences, EMEA, at Hiton.
Situated along the pristine Yas Links Golf Course, the Middle East's first true links course and the host of the Abu Dhabi Championship - a DP World Tour Rolex Series event - Waldorf Astoria Residences Yas will bring the award-winning luxury hospitality brand's presence to the capital. The residences will offer an exclusive selection of premium furnished apartments and penthouses, with top-of-the-line amenities and services. Residents will enjoy sweeping views of the lush fairways and the iconic Yas Marina Circuit, home to the Formula 1 Etihad Airways Abu Dhabi Grand Prix.
Talal Al Dhiyebi commented, 'Our partnership with Hilton will bring the Waldorf Astoria brand to Abu Dhabi for the first time, and further bolster the emirate's position as a global destination of choice for both investment and long-term residency. The partnership aligns with our ambition to instil a hospitality mindset across our organisation and enables us to deliver signature experiences for our customers with a brand that is globally renowned for its heritage and sophistication.'
Daniel Wakeling said, 'We are delighted to partner with Aldar on this stunning Yas Island development, representing the debut of Waldorf Astoria Residences in Abu Dhabi and marking a significant milestone in our luxury branded residential growth strategy. The region is witnessing unparalleled demand for luxury branded residences and we are committed to delivering exceptional properties that promise discerning individuals a luxury living experience with world-class amenities, service excellence and a unique opportunity for owners to become part of the Waldorf Astoria legacy.'
Set to launch for sale in the coming weeks, the branded residences will bring Waldorf Astoria's storied legacy of timeless elegance to the heart of Yas Island. Residents will enjoy direct access to world-class attractions such as Ferrari World, Warner Bros. World Abu Dhabi, SeaWorld Abu Dhabi and Etihad Arena, as well as the tranquil Gardenia Bay waterfront promenade and the scenic mangroves of West Yas.
Starting from its first hotel and residences at Waldorf Astoria New York (re-opening Spring 2025), the brand features a premier global residential portfolio that includes more than 20 residential properties currently open or in development.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
12 minutes ago
- Khaleej Times
Dubai set to welcome one millionaire every hour this year
Dubai's attraction as a haven for the super-rich continues to grow, with a new millionaire homing in on the emirate every hour, studies show. With the emirate set to welcome nearly 10,000 new millionaires this year, Dubai's transformation from a transient luxury stopover to a permanent global wealth capital is accelerating, according to Betterhomes' latest report, Dubai: No Longer a Pit Stop, But the Finish Line for Global Wealth. As of December 2024, Dubai counts 81,200 resident millionaires, contributing to the UAE's total of 130,500 dollar millionaires, a remarkable 98 per cent jump in the last decade. With 142,000 millionaires set to migrate globally in 2025, even if just 5 per cent select Dubai, that's 7,100 new HNWIs and nearly $7.1 billion in fresh investment. 'Dubai has matured into the world's most compelling plug‑and‑play city for wealth. What's changed is intent; founders, operators and multi‑generational families are anchoring here, not passing through,' said Louis Harding, CEO at Betterhomes. Ticket sizes tell the story. On‑the‑ground allocations are rising, with HNWIs averaging Dh11.4 million ($3.1 million) per residential acquisition, and UHNW families committing Dh134 million+ ($36.5 million+) to legacy villas, waterfront compounds, and identity‑rich branded residences. These are end‑user purchases oriented toward permanence, professional services, and inter‑generational planning and not flip culture. Market depth is broadening. Dubai's luxury property market continues to set new benchmarks, with year-to-date villa and townhouse sales soaring to Dh147.2 billion ($40 billion), a remarkable 41 per cent jump compared to last year. Ultra-prime communities remain at the heart of this momentum: Palm Jumeirah has witnessed 85 transactions worth Dh3.8 billion ($1 billion), while Emirates Hills saw 30 deals totalling Dh1.9 billion ($517 million). At the very top end of the spectrum, homes priced above Dh35 million ($10 million) amassed Dh9.4 billion ($2.6 billion) in sales over the past six months alone, spanning 146 transactions. How does Dubai convert flow into stock? Policy clarity and zero personal income tax reduce friction for wealth creators. Safety, modern infrastructure, elite healthcare and education, and a US dollar‑pegged currency support families who plan to stay. The DIFC ecosystem, spanning private banking, trustees, and legal/accounting services, underpins the growth of family offices and capital‑formation vehicles. Together, these features convert mobile inflows into permanent capital. From status buys to service stacks. Branded living has evolved from a badge to an operating system: concierge, wellness, club networks, and managed rental programs bundled into one address. In a supply‑constrained waterfront and villa market, this service stack is the new gravity. 'This cycle is driven by real users, not leverage,' Harding added. 'Global wealth is consolidating in branded ecosystems and legacy neighbourhoods. With policy clarity and quality-of-life premiums compounding, Dubai's prime market is shifting from cyclical to structural.' As the global migration supercycle continues, Betterhomes expects sustained depth in prime and super‑prime, a further build‑out of family‑office services, and developers doubling down on concierge‑grade, club‑linked offerings. With supply tight in key sub‑markets, pricing power remains with high‑quality stock. Legacy hubs face rising tax and policy friction. Dubai offers clarity, speed, and scale, a rare combination for wealth creators who value time to operate, predictable rules, and global reach within one flight hop. The result is a structural recalibration, not a cyclical blip.
Khaleej Times
12 minutes ago
- Khaleej Times
Parkin, e& announce rollout of 200 ultra-fast EV chargers in Dubai
Parkin and charge&go by e& announced the rollout of 200 Ultra-Fast EV chargers in Dubai. The new network will cut EV charging times to under 30 minutes, through the installation of state-of-the-art infrastructure at key destinations across the emirate. The points will be located in places ranging from high-density residential communities to major retail and leisure hubs.
Zawya
12 minutes ago
- Zawya
New Global Sport Conference 2025 unveils strategic partner line-up driving the future of global sport
stc group, Qiddiya, Amazon Web Services (AWS), Aramco, Savvy Games Group, Cenomi Centers, ESL FACEIT Group (EFG), Dr. Sulaiman Al Habib Medical Group and Boston Consulting Group join NGSC 2025 to accelerate cross-sector innovation and collaboration Riyadh, Saudi Arabia – The Esports World Cup Foundation (EWCF) today announced the strategic partners joining the New Global Sport Conference 2025 (NGSC 2025), the premier global platform for industry leaders at the intersection of gaming, esports, and sport. Held annually in Riyadh during the closing weekend of the Esports World Cup (EWC), the world's largest esports and gaming event, the NGSC brings together CEOs, founders, and investors to drive groundbreaking initiatives that will shape the future of these dynamic industries. The 2025 partner cohort includes organizations leading transformation across infrastructure, entertainment, retail, healthcare, and global strategy: As an Elite partner, stc group provides the digital infrastructure for the event, including high-speed connectivity, streaming via stc tv, and audience engagement. Nexus Partner Qiddiya brings its long-term vision for the Kingdom's entertainment economy, using NGSC to enhance the vision for its innovative Gaming and Esports district, the future global hub for elite competition, while AWS powers the next-generation esports viewing experience through advanced cloud technology and machine learning. Dr. Sulaiman Al Habib Medical Group contributes to the success of NGSC by providing the highest standards of medical services to its attendees, while Savvy Games Group drives investment and growth across game development and esport. ESL FACEIT Group (EFG) brings operational, broadcast and marketing expertise within the esports industry. From the retail sector, Cenomi Centers blends youth culture and lifestyle with immersive activations in contemporary lifestyle destinations, bringing esports into everyday spaces. As a Thought Partner, Boston Consulting Group (BCG) delivers strategic insight and global perspectives to NGSC's executive forums that define the next phase of global industry growth. 'Gaming, esports, and sport are the essential pillars of global entertainment, both now and in the future,' said Hans Jagnow, Director, Special Projects, NGSC 2025. 'At NGSC, we are bringing together the organisations and partners that recognise this — joining us to build a platform that drives the future of these industries. They are not only helping us host the brightest minds and leaders, but also contributing their expertise, market influence, and unique value that complements and fuels the continued growth of esports.' NGSC 2025 will take place on August 23-24 at the Four Seasons Hotel Riyadh under the official theme 'The Next Game – Building the Future of Gaming, Esports, and Sports'. The curated program will feature over 1,500 industry leaders, including HRH Prince Faisal bin Bandar bin Sultan Al Saud, HRH Prince Fahad bin Mansour bin Nasser Al Saud, and representatives from the LA28 Olympic Games, Sony, SEGA, and more. Tickets for NGSC 2025 are available now at To learn more about the New Global Sport Conference and the Esports World Cup, visit and and follow the New Global Sport Conference and the Esports World Cup Foundation on LinkedIn. About the New Global Sport Conference The New Global Sport Conference (NGSC2025) is the flagship event of the Esports World Cup Foundation, serving as the premier global forum where gaming, esports, and sport converge. Held annually in Riyadh during the final weekend of the Esports World Cup, the event unites CEOs, investors, and industry pioneers to drive transformative global initiatives and foster collaboration on the growth and future of these dynamic industries. About The Esports World Cup The Esports World Cup (EWC) is a premier annual sporting event and global celebration of competitive excellence and esports fandom. The competition features a unique cross-game format that pits the world's top esports Clubs against one another for the largest prize pool in esports history. Hosted in Riyadh, Saudi Arabia, in the summer of 2025, the EWC brings gaming and esports communities together again to crown the next Esports World Cup Champion. Esports World Cup Foundation media contact: Anna Rozwandowicz Head of PR
