UAE real estate: Luxe Developers targets UNHWI investors with spas, co-working hubs, yoga studios and 300,000sq ft of landscaping at $627m RAK project
UAE real estate firm The Luxe Developers has revealed an uptick in interest for its AED2.3bn ($627m) La Mazzoni development.
The rise in interest comes as a result of the rising global demand for wellness-focused living, said The Luxe Developers, as it integrates health and well-being into every aspect of the design and amenities.
UAE wellness real estate development
As the UAE continues to attract a significant influx of ultra-high-net-worth individuals (UHNWIs), the demand for premium residential properties has also witnessed unprecedented growth.
Recent reports have highlighted a shift in buyer preferences towards homes that promote well-being, privacy, and sustainability, said The Luxe Developers.
According to research from Transparency Market Research, the global wellness real estate market, where developers prioritise lifestyle, health, and environmental sustainability, stood at $438.3bn in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 14.8 per cent between 2024 and 2034, quadrupling in size to more than $2tn by 2034.
The developing interest highlights the shift in consumer preferences toward living and working environments that prioritise health, well-being, and sustainability.
Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers, said: 'La Mazzoni offers a compelling proposition – a state-of-the-art luxury residence incorporating a modern design and holistic lifestyle.
'We have seen a shift in demand from investors who are increasingly looking for a more balanced lifestyle, with wellness-integrated residences now becoming a prerequisite for many.
'La Mazzoni was designed in direct response to this. By aligning a luxury living experience with well-being, we offer our clients a value proposition beyond traditional real estate investments.'
Features at La Mazzoni in Ras Al Khaimah will include advanced wellness facilities, curated health programs, and biophilic design principles, creating an integrated lifestyle solution that enhances physical and mental well-being.
Residents will have access to several exclusive amenities, which have been specifically developed to offer spaces designed for a peaceful and vibrant lifestyle.
Underscoring this, the development features more than 300,000sq ft of professionally designed landscaping and cutting-edge indoor fitness facilities spanning more than 11,000sq ft.
Residents will also have access to a modern outdoor gym and yoga studios within the property and on the development's grounds, including walking, jogging tracks, and paddle courts.
Rooftop infinity pools will further enhance the outdoor living experience.
La Mazzoni will also focus on creating a zen environment to promote mental well-being. In addition to outdoor exercise facilities surrounded by greenery, the development will also include a series of water oases, creating a tranquil and luxurious environment.
This is further underscored by the spa at La Mazzoni, equipped with saunas, hammams, and therapy rooms.
La Mazzoni will incorporate co-working spaces within the nature-inspired open-air outdoor areas, which have been designed to inspire creativity and enhance productivity.
Two dedicated lounges, the Sky Lounge and Connoisseur's Corner, will provide additional meeting and working areas within the two-tower development, highlighting the co-working ethos.
A library will provide further opportunities to relax or to undertake work in a quiet environment.
La Mazzoni will feature dedicated indoor play areas to support children's physical and mental development.
Outdoors, an adventure park will provide opportunities to run, play, and explore within a secure environment in the UAE.
Siddharta Banerji, Managing Director and Co-owner, added: 'The Luxe Developers has always been at the forefront of anticipating market trends and addressing the evolving needs of niche investors seeking a work-life balance.
'La Mazzoni reflects this philosophy by integrating health-focused amenities, sustainability, and exclusivity into its design. It is a prime example of how we aim to deliver long-term value for residents and investors.'
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