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Time Out Dubai
21-05-2025
- Entertainment
- Time Out Dubai
Best beach clubs Dubai 2025: 27 top-rated beach clubs to book next
Dubai's best beach clubs are world-famous and for good reason. When the sun is shining and it's your day off, there's no better place to be than at one of the best beach clubs in Dubai. Whether you're on holiday or just pretending you are, nothing gives you those vacay vibes more than a day on the sand with a mixed drink in hand. And whether it's pumping party beats, ladies' day deals and free-flowing drinks that float your beach boat, or a chilled tanning session at a chic seaside spot, there's a beach club in Dubai with your name on it. Ready to soak it up on the sand? Here are the official best beach clubs in Dubai for 2025. Best beach clubs Dubai: a guide Click below to jump to a section in the article, or simply scroll below to see all the best beach clubs in all their glory. The *official* best beach clubs in Dubai Beach clubs in the Palm Beach clubs on J1 Beach Beach clubs in Jumeirah Best beach clubs in Dubai Marina Best budget beach clubs Best beach clubs with ladies' day deals Best family-friendly beach clubs The award-winning best beach clubs in Dubai 2025 Discover Dubai's top beach clubs, as crowned by Time Out Dubai's prestigious Nightlife Awards. Our experts have anonymously reviewed each venue, and these are the absolute crème de la crème the city has to offer. WINNER Playa Pacha Credit: Playa Pacha Price: Dhs200 for ladies (fully redeemable) and Dhs300 (fully redeemable) for gents. This vibrant and uber-popular beach club has quickly made a name for itself since its opening in March 2024. Located in the bustling JBR area, Playa Pacha is home to four large swimming pools that extend to the beach. With its chic white and beige decor accented by Pacha's iconic red cherries, Playa Pacha offers a fashionable vibe, ideal for when you're in the mood to flaunt your designer swimsuits and trendy poolside attire. While not the place for a laid-back beach experience, Playa Pacha promises incredible views, upbeat music and an electric atmosphere, making it a must-visit destination for poolside party-lovers in Dubai. And the best part is – it's all fully redeemable. FIVE LUXE JBR, The Walk JBR, (04 455 9989). Check out our full Playa Pacha review here HIGHLY COMMENDED Nikki Beach Credit: Nikki Beach Resort & Spa Dubai Price: Starting from Dhs1000 for a beach cabana for two, with the price redeemable on food and drink. This iconic beach club is famed the world over, with brilliant beach clubs from Marbella to Saint Barth, St Tropez to the original in Miami. In Dubai, the popular beach club can be found on Pearl Jumeira, a gorgeous location with incredible sea views and a lively, fun-loving vibe. A huge pool is set back from a beautiful sandy beach, while you'll find plenty of cabanas and day beds, prime for lounging while you take in the live entertainment before dancing to the DJ as the sun sets. Pearl Jumeira, Dubai. (04 376 6162). Check out our full Nikki Beach review here Tagomago Credit: Tagomago Price: A beach lounger is Dhs150 on weekdays and Dhs200 on weekends. Pool loungers are Dhs200 on weekdays and Dhs250 on weekends. All prices are non-redeemable. Named after an exclusive private island in Europe, Tagomago delivers an idyllic beach club experience on the Palm, brought to life by the creators of Twiggy and Kyma. This bohemian haven captures the essence of Ibiza, offering a lush setting complete with a stunning swimming pool and an imported sandy beach. At Tagomago, the atmosphere is more on the serene side and very Instagram-worthy. The menu includes smaller tapas-style bites, perfect for casual snacking, with highlights like spicy beef and chorizo croquettes. While a day here might not come cheap and isn't redeemable, the experience is undeniably blissful. Azure Residences, Palm Jumeirah, (04 832 6620). Check out the full Tagomago review here SHORTLISTED Beach by FIVE Credit: Beach by FIVE Price: Monday to Wednesday, a sunbed is Dhs200 per person (fully redeemable) and Dhs300 Thursday to Sunday. If it's a banging beach party that you're looking for, then Beach by FIVE is the best beach club in Dubai for you. With 150m of private beach looking out to Dubai Marina, Dubai Harbour and Ain Dubai beyond, the backdrop makes for some pretty impressive Insta shots, too. And that's before we start talking about the sunken hot tubs and glass-sided beach pool adorned with a chandelier. It also hosts massive beach parties and top-name international DJs, so choose your best cozzie and head to a lounger. FIVE Palm Jumeirah, Palm Jumeirah, (04 455 9989). You might also like: 7 new beach clubs that are opening soon in Dubai COVEBEACH Dubai Credit: CoveBeach Dubai Price: Dhs200 on weekdays with Dhs100 redeemable on food and drink. Weekends are Dhs300 per person with Dhs150 redeemable. COVEBEACH is back and better than ever at its stunning location in JBR's La Vie. This beach club has evolved from its original spot at Jumeirah Beach Hotel to Bluewaters and most recently, to the pristine terrace overlooking Ain Dubai. The Insta-worthy space boasts day beds, an infinity pool and a luxurious vibe. The food menu is as indulgent as the setting, with seafood taking centre stage. Head early for a laid back vibe, before the party picks up in the afternoon. With a chic atmosphere, upbeat DJs, and a laid-back vibe, COVEBEACH is the perfect spot for a day of fun and luxury. La Vie, Jumeirah Beach Residence, (050 454 6920). Check out our full COVEBEACH review here DRIFT Beach Dubai Credit: DRIFT Beach Dubai Price: Price: A sun lounger will cost between Dhs150 and Dhs200 between Monday and Thursday and between Dhs200 and Dhs250 Friday to Sunday. One of the chicest beach clubs in Dubai, DRIFT is the OG when it comes to living the luxe life on the sand. Housed at the exclusive One&Only Royal Mirage, this stunning beach club has a gorgeous infinity pool, 1km of private beach and a menu of French grape and Mediterranean cuisine. With super views across to the skyscrapers of the Marina and a backdrop of the Arabian Gulf, this is one of the most elegant and best beach clubs in Dubai. One&Only Royal Mirage, Al Sufouh, (04 315 2200). Check out our full DIRFT Beach Dubai review here Kyma Beach Credit: Kyma Beach Prices: Sunbeds start at Dhs200 on weekdays and Dhs250 on weekends. Prices are non-redeemable. From the team behind Twiggy and La Cantine, Kyma is a must-visit beach club on Dubai's Palm West Beach if you're looking for chic vibes and a Grecian feel. Having opened in late 2022 it's rapidly become of one the best beach clubs in Dubai thanks to its sugar-soft sand (it's imported from the Maldives) and mellow, elegant feel. There's a menu of delicious Grecian bites (think dips and skewers), plus a decent grape list to sip on while you take in the views out towards Dubai Marina. Palm West Beach, Palm Jumeirah, (04 666 5999). SĀN Beach Credit: SĀN Beach Price: A beach lounger can be reserved on weekdays at Dhs200 and Dhs250 on weekends. Meanwhile, beds by the pool are Dhs250 on weekdays and Dhs300 on weekends. SĀN Beach is among a chic line-up of beach clubs at the aptly named The Club nestled at the far end of Palm West Beach. With elegant, minimalist furnishings and a mellow vibe, it's a grown-up beach club that invites you to relax and unwind by the cool lengthy pool or sip a mixed drink in the submerged swim-up bar. Slip on your designer shades, order a platter of sushi and settle into your sun lounger, lulled by those beach club beats. Palm West Beach, Palm Jumeirah, (04 458 0499). Check out our full SĀN Beach review here Soul Beach Credit: Soul Beach Price: A day bed will set you back Dhs150 on weekdays (fully redeemable) and between Dhs200 and Dhs300 on weekends (partially redeemable). This out-of-town spot is well-known for its live events and beach parties, drawing in top DJs for events on the sand. Being located at Jebel Ali, it's a top beach club for a day out, with holiday vibes and a lively feel. Décor is vibrant, the pool is refreshing and the live events are more than enough to bring out the crowds come the weekend. JA The Resort, Jebel Ali, (04 814 5126). Check out our full Soul Beach review here WHITE Beach Credit: WHITE Beach Price: On Monday, Thursday, Friday, Saturday and Sunday, a lounger is Dhs250 (Dhs150 redeemable on food and drink). Tuesdays have Dhs200 Ladies (unlimited drinks and discounted menu and Dhs250 for gents (Dhs150 redeemable). Wednesdays are Dhs150 ladies (fully redeemable). Coming from the team behind WHITE nightclub, you know what you're in for when it comes to WHITE Beach. And that is a high-end yet fun-loving venue with entertainment, DJs and free-flowing drinks. WHITE has 300m of poolside thanks to its huge infinity pool, private beach and bohemian-esque décor. Fancy splashing out quite literally? Six luxury cabanas come with their own private plunge pools. With a backdrop of Atlantis The Palm, this cool spot is ripe for the 'gram, and is one of the best beach clubs in Dubai. Atlantis The Palm, Palm Jumeirah, @whitebeach (04 426 0700). Check out our full WHITE Beach review here More beach clubs in Dubai: As well as the award-winning beach clubs in Dubai, plenty of top-rated spots are more than worthy of your hard-earned dirhams. Honestly? You're spoiled for choice. From vibey days at beach clubs on the Palm to laid-back luxury at the all-new J1 Beach, here are some top spots to hit up for your next lazy day by the sea. Best beach clubs in Palm Jumeirah BCH:CLB (Credit: BCH:CLB) Price: Sunbed rates start from Dhs200 Monday to Thursday and Dhs300 Friday to Sunday. Both are fully redeemable on F&B. Designed to 'redefine poolside leisure', the venue is bright white with pops of neon orange with art installations throughout the venue. Even the pool has an embossed BCH:CLB logo on the bottom. A day-to-night beach club, there's a Mediterranean menu and day beds for hire with a minimum spend. Once you've got your spot, you won't want to leave. W Dubai — The Palm, Palm Jumeirah, (04 834 3803). Check out our full BCH:CLB review here February30 Fully redeemable pool and beach days in Dubai. Price: Prices start from Dhs150 Monday to Thursday and Dhs250 Friday to Sunday. All prices are redeemable on F&B. Beirut export February30 offers a fully redeemable beach day between noon and 7pm each day. You'll have to shell out extra if you want sunbeds closer to the sea. There's a menu of Pan-Asian and Mediterranean bites that you can order from to redeem the entry cost while you lounge under a red and white umbrella. West Palm Beach, Palm Jumeirah, (04 244 7200). Check out our full February30 review here Surf Club Credit: Surf Club Price: Monday to Thursday it's Dhs200 per bed (Dhs150 redeemable) and Friday to Sunday it's Dhs350 (Dhs250 redeemable). This place is known for its parties. Chilled aesthetic beach club by day, you can soak up the rays in a cabana before the party starts in the evening. Keep an eye out for deals throughout the week, from ladies' lunches to weekend brunches on the sand. West Palm Beach, (04 589 5444) Check out our full list of beach clubs on the Palm, here Beach clubs on J1 Beach Bâoli Credit: Supplied Price: Pool sunbeds are Dhs500 Monday to Thursday, with Dhs400 redeemable on food and drink. Friday to Sunday are slightly more expensive and will set you back Dhs600, with Dhs500 redeemable. Bâoli is a pretty stunning destination that offers up modern Japanese cuisine with new Asian flavours. With outposts in Miami, Cannes, and now Dubai, the jungle-themed beach club can easily be described as having 'sanctuary aesthetics'. You can expect a sundeck, private cabanas, a special moon room for late-night parties and a stunning sunset lounge with an infinity pool. J1 Beach, Jumeirah 1, (04 558 6381). Gigi Dubai Credit: Supplied Price: Entry is Dhs300 for a sunbed on the beach, whilst a poolside bed will set you back Dhs400. Both are non-redeemable against food and drink. At Gigi, the pool offers a peaceful escape near the Bellini Bar. Stretch out on a single sunbed and unwind with a refreshing lemon beverage or a fresh coconut – the perfect Dubai hotspot to cool off and relax. Families are also welcomed with the Gigi Circus, a kids' club packed with fun activities. J1 Beach, La Mer (04 558 2067). Sirene Beach by GAIA Credit Supplied Price: Loungers on the beach start from Dhs200 per person on a weekday (non-redeemable), while pool sunbeds start from Dhs300. Sirene Beach by Gaia is a Greek paradise, with stunning Aegean-style decor and stunning vistas. There is plenty of space to relax with copious amounts of golden beach and poolside to lounge next to. If you want to go all out on your Greek escape, get the whole gang together and book out a private cabana, the larger of which can accommodate up to eight guests (and some of the cost is redeemable too). The menu was expertly created by Evgeny Kuzin and Chef Izu Ani, who have branched out from the original DIFC restaurant for this new beachfront project and features plenty of Salad, spreads and hearty Greek dishes. Prepare to be wowed. J1 Beach, Jumeirah 1, (052 334 2787). Check out our full list of beach clubs on J1 Beach, here Beach clubs in Jumeirah Ninive Beach (Credit: Instagram @ninivebeachdubai) Price: Plush sunbeds are available from Monday to Thursday at Dhs250 per person and Dhs300 per person (non-redeemable). If you're after a beach club with a hearty dash of dessert, Ninive belongs on your bucket list. The popular Middle Eastern restaurant at Jumeirah Emirates Towers and Bab Al Shams now has a new location at J1 Beach in Dubai. Designed to look like a stunning Moroccan majlis, the indoor/outdoor space features a turquoise tiled pool, rich earth tones and traditional textiles. All with a cool and modern twist. The menu features plenty of fresh grilled dishes from Iraqi, Turkish, Moroccan and Lebanese cuisines. Plush sunbeds are available from Monday to Thursday at Dhs250 per person and Dhs300 per person (non-redeemable). Open daily from 10am-2am. J1 Beach, Jumeirah 1, (04 498 4200). Read our full Ninive Beach beach club review here Summersalt Credit: Summersalt A beach club on the spennier end of the scale, Summersalt is an upmarket beach club found at Jumeirah Al Naseem. With views of Burj Al Arab Jumeirah, it's a top shout for visitors, especially ones who are looking to tan and sip on mixed drinks rather than party the day away. There's a tasty poolside menu with Latino bites to get stuck into too, and make sure you don't leave before sunset, as the views and vibe a top-notch. Open daily 9am-midnight. Jumeirah Al Naseem, @summersaltbeachclub (800 323 232). Check out our full list of beach clubs in Jumeirah, here Best beach clubs in Dubai Marina Mare by Bussola Price: It's Dhs300 (fully redeemable) on weekdays and Dhs500 (fully redeemable) on weekends. Mare by Bussola offers an upmarket vibe along with an Italian charm. Based at The Westin Mina Seyahi Beach Resort & Marina, Mare by Bussola never disappoints when you are seeking somewhere to relax and unwind. With a stunning restaurant serving first-class food, plus a pool and a swim-up bar it's the perfect location for soaking up the sun, enjoying a long and lazy lunch or a dinner with a special someone or group of pals. The Westin Dubai Mina Seyahi, Dubai Marina. (04 511 7319). Zero Gravity Price: Prices for Zero Gravity vary each day, with plenty of ladies and gents deals to make the most of. The sprawling beach club looks straight across to Ain Dubai, boasting its own long stretch of sand and an impressive swimming pool. There are different events every day of the week, from chilled melodic Monday to a tropical barbecue style brunch on Saturdays, and an unlimited breakfast deal every Sunday for Dhs75. Skydive Dubai, Dubai Marina, (04 399 0009). Check out our full list of beach clubs in Dubai Marina here Best budget-friendly beach clubs Barasti Credit: Barasti Beach Bar The OG Dubai beach club has recently introduced a redeemable pool pass cost, but you can still get some great value for money. Looking out over Dubai Harbour, the venue is now priced at Dhs150 on weekdays and Dhs200 on weekends. Open daily 9am-3am. Le Meridien Mina Syahi Beach Resort & Marina (04 511 7373). Peaches and Cream (Credit; Supplied) This is another great value beach day if you manage to stick to the redeemable spend. Priced at Dhs100 for weekday visits and Dhs150 on weekends, you won't get your feast on but you'll be able to snack and sip. Open Sun-Thu 9am-midnight; Sat-Sun 9am-1am. Clubhouse Al Nafura by the Shoreline Apartments, (052 947 4552). Check out our full list of budget-friendly beach clubs here Best beach clubs with Ladies' Day offers Be Beach (Credit: Be Beach) As far as ladies' pool day deals go, it doesn't get much better than this. Head to the dreamy bohemian beach club where you'll be treated to pool access, free-flowing drinks and canapes, starting from Dhs180 per person. Look out over Dubai Marina and soak up some rays while listening to some top beats all afternoon. From Dhs150 per person. Wed 10am-4pm. Dubai Harbour, (054 751 1119). Check out our full Be Beach review here Mimi's Pool Club (Credit: Supplied) Start your weekend off right by enlisting your friends for a party at MiMi's Pool Club on Friday, where you'll not only get pool access but also a selection of bites, mixed drinks and even a bubbly show while DJ Gio hits the decks. Advance bookings are strongly advised. From Dhs199 (ladies, house mixed drinks, grape, bottomless BBQ and salad; Dhs249 (gents, bottomless BBQ, house drinks). Fri 1pm-4pm. Five Jumeirah Village, (04 455 9989). O Beach The lively beach club is now hosting a special ladies day on a Sunday, where you can redeem free pool and beach access, unlimited drinks and a main dish of their choice from noon until 4pm for Dhs195 per person. Dhs195 (ladies). Sun, noon-4pm. Habtoor Grand Hotel Beach Front, Dubai Marina, (052 858 0464). Check out our full list of beach clubs with ladies' day offers here Best family-friendly beach clubs Le Méridien Mina Seyahi Beach Resort & Marina Offering the triple whammy that is a gorgeous beach, selection of swimming pools and access to a full-on waterpark, you know you're onto a winner with a family pool day at Le Méridien Mina Seyahi Beach Resort & Marina. If aqua-based rides are the major draw for your clan, the likes of the Lighthouse mat race ride, Whizzard and Body Slides at Jungle Bay Waterpark should more than suffice. Splash park Aqua Play, meanwhile, is great for slightly younger kids, while the 6-metre wave pool will keep daredevils amused for hours (and tire them out, too). Open daily 8am-sunset. Al Sufouh, (04 399 3333). RIVA Beach Club Long-standing Palm favourite RIVA knows what families want from a beach and pool day. Here you'll find the vibe is chilled but never posey, there's a nice stretch of beach lined with plenty of sun loungers (perfect for putting your feet up while the kids build sandcastles) and two pools – one that's well suited to both laps and lounging and another for children. Poolside restaurant Gazebo comes into its own when that inevitable post-swim hunger kicks in. Open daily 7am-11pm. Shoreline Apartments Building 8, Palm Jumeirah (04 430 9466). Check out our full list of family-friendly beach clubs here Beaches in Dubai 31 fully redeemable pool + beach passes in Dubai Get your money's worth at these Dubai spots The best budget-friendly beach clubs to know Make sure you don't spend more than you need to on your next beach day The best free beaches in Dubai 2025 Brilliant free options for a great day by the sea
Daily Mail
20-05-2025
- Entertainment
- Daily Mail
Jason Momoa puts on a loved-up display with girlfriend Adria Arjona at after party for premiere of her movie Splitsville at Cannes Film Festival
Jason Momoa put on a loved-up display with his girlfriend Adria Arjona at a Cannes Film Festival after party for her upcoming film. The Aquaman star, 45, and the Hit Man actress, 33, were among the stars at the premiere for Splitsville, an American comedy in which Adria stars as Ashley. After the premiere, the duo headed to a Splitsville after-party presented by Minuty and Veuve Clicquot at Lucia Cannes by Nikki Beach Hospitality Group on Monday. Adria looked sensational as she showed off her figure in a skintight nude maxi dress complete with spaghetti straps, a cowl neck and a scarf feature. Her brunette balayage locks were styled down in natural curls and she sported a pair of gold metallic heels. Meanwhile Jason looked dapper in a striking white suit, which he paired with a matching t-shirt. The actor accessorised with a metallic pendant chain and sported brown leather shoes and glasses. Jason and his girlfriend Adria made their red carpet debut as a couple at the SNL50: The Homecoming Concert at Radio City Music Hall in New York City on Valentine's Day. The actor and Puerto Rican beauty, 32, made a glamorous pair as they cosied up at the star-studded event. Jason and Adria have been dating since at least May 2024 when he revealed he was in a relationship at the Basingstoke Comic Con. Jason was previously married to actress Lisa Bonet, 57. Their divorce was finalised in January 2024. Jason revealed their relationship when he was asked if he was single and said: 'I am very much in a relationship.' He did not, however, reveal how long he's been in the relationship or how they met. In 2021, Adria played Amanda Cooper, wife of Jason's character Ray in Sweet Girl. At that time, Jason was still with Lisa and Arjona was still married to her husband Puerto Rican-American lawyer Edgardo Canales, who she married in Guatemala in 2019. Jason and Lisa wed in 2017. They announced their separation in January 2022, and eventually filed for divorce in January 2024 with the date of separation listed as October 2020. He and his ex-wife share two kids — 17-year-old daughter Lola and 16-year-old son Nakoa-Wolf. Adria was born in Puerto Rico and lived in Mexico City until she was 12. Her father, Ricardo Arjona, is one of the best-selling Latin American recording artists of all time and as a result Adria spent her childhood traveling around Central and South America. Her family moved to Miami when she was 12 and at 18 she moved to New York City to take a three-month course at the Lee Strasberg Institute. She waited tables to make ends meet during this time. Adria booked early roles in Spanish language films and had a two episode stint on Person of Interest in 2014 and 2015.
Gulf Business
27-03-2025
- Business
- Gulf Business
RAK has a new real estate investment summit
Ras Al Khaimah (RAK) will take centre stage at a global real estate event this May when it hosts the inaugural International Real Estate Investment Summit (IREIS). Set to take place on May 20 and 21, 2025, at the Al Hamra International Exhibition and Conference Centre, IREIS marks a significant milestone in the emirate's ambitious journey to becoming a premier global investment destination. What to look forward to at the summit The summit features a carefully curated agenda, keynote addresses, investment talks, panel discussions, and immersive networking sessions. Read- Industry heavyweights and policymakers will share insights on market trends, capital flows, and the impact of major projects shaping the region's future, including the flagship $3.9bn Wynn Al Marjan Island resort, set for completion in 2027. The program explores what the introduction of an integrated resort means for RAK and the wider region, with economic insights from Macau, Singapore, and Las Vegas. With 500 delegates and investors from the GCC and global markets, and 40 industry speakers, IREIS will provide unique access to networking opportunities and investment showcases. Attendees can expect roundtable discussions on emerging market opportunities, how RAK is attracting global, deep dives into asset class trends, and insights into tech-driven real estate transformation with a special mini masterclass on the emergence of cryptocurrency in global real estate transactions. RAK: One of UAE's most promising real estate hotspots The International Real Estate Investment Summit comes as RAK is emerging as one of the UAE's most promising real estate hotspots, driven by government-backed initiatives, visionary developments, and a thriving tourism sector. Branded residences linked to globally renowned hospitality names – including Nikki Beach, Nobu, Ritz-Carlton, and Waldorf Astoria – are further positioning RAK as a high-yield destination for investors seeking long-term returns. 'Ras Al Khaimah is undergoing an unprecedented evolution, with world-class projects reshaping the tourism and hospitality sectors,' Alison Grinnell, CEO of RAK Hospitality Holding, said. The inaugural International Real Estate Investment Summit will be a key moment to showcase the vast potential of RAK's real estate market to international investors. Ras Al Khaimah's strategic location: The advantages RAK's geographic location, less than an hour from Dubai, combined with its attainable property prices, strong return on investment, and investor-friendly regulations, is attracting a wave of local and international buyers. According to Stirling Hospitality Advisors, a subsidiary of RAK Hospitality Holding, more than 14,000 new residential units are expected to enter the market between 2026 and 2029, with branded residences accounting for 5,600 of these. 'Marjan's developments, including Al Marjan Island, are at the forefront of RAK's growth story,' said Abdulla Al Abdouli, CEO of Marjan. With world-class infrastructure and a commitment to sustainable, high-value investment opportunities, RAK is poised to become the UAE's next big real estate success story, Al Abdouli added. Sustainability: A key theme at the event Sustainability will be a key theme, with sessions dedicated to eco-tourism investments, smart city innovations, and the transition to net-zero developments. Other notable panels will cover the rise of branded residences, data centre investments, blockchain's impact on real estate transactions and Artificial Intelligence's potential for the sector, with panellists including proptech strategist Lynnette Sacchetto. A dedicated panel will scrutinise cultural identity in architecture, with a restoration case study on RAK's Al Jazeera Al Hamra Heritage Village and panellists including Sandra Woodall, Design Principal at Tangram Gulf, and Christine Espenosa-Erlanda, Director of Godwin Austen Johnson (GAJ). UAE real estate industry: A sustained boom The UAE's real estate industry is experiencing a sustained boom, driven by multiple factors that have solidified its position as a global investment hub. Notably, in 2024, the total value of real estate transactions across the UAE reached Dhs893bn. Ras Al Khaimah's economic blueprint emphasises infrastructure enhancement, economic diversification, and sustainable growth. Investor-friendly initiatives such as long-term residency visas, streamlined property ownership regulations, and the expansion of RAK International Airport further bolster its appeal. 'This surge is fuelled by strong investor confidence, government initiatives to foster a positive investment environment, and an influx of high-net-worth individuals attracted to the UAE's stability and luxurious offerings. Furthermore, projected growth continues into 2025, supported by ongoing infrastructure developments and the launch of new, high-profile real estate projects. The IREIS Summit by Cityscape is the ideal B2B platform to showcase the best investments', Alexander Heuff, Cityscape Group Director, noted. Cityscape: The role it plays in the real estate ecosystem Organised by Cityscape by Informa Markets, in collaboration with Marjan – the master-developer behind Al Marjan Island – and RAK Hospitality Holding, the leading hospitality group in Ras Al Khaimah, IREIS will bring together elite investors, government officials, and industry leaders. Cityscape, established over 24 years ago, has been instrumental in launching iconic real estate projects such as the Burj Khalifa and Battersea Power Station. As the premier real estate platform in the GCC and beyond, Cityscape connects key stakeholders across the real estate ecosystem, adding significant credibility and influence to this inaugural summit. With a focus on unlocking investment potential, the event will spotlight RAK's rapidly growing real estate market and international markets, providing an exclusive platform for deal-making, networking, and market-shaping discussions. For further information and to register for the summit, visit
Miami Herald
07-02-2025
- Business
- Miami Herald
Jack Penrod, founder of Nikki Beach, dead at 85
Founder of the iconic Nikki Beach, owner of over a dozen resorts around the world and one of the godfathers of modern South Beach, Jack Penrod died Monday after battling cancer. 'I shared an extraordinary life with Jack. As a life partner, father, and businessman, he was everything one could ever dream of,' said Lucia Penrod, Jack's wife and Nikki Beach CEO, in a statement. Penrod, 85, spent much of his life transforming Miami Beach through his ownership of bars and restaurants, helping change the city from a once sleepy retirement community into a resort destination. Born in 1939 to Ruth and Chester Penrod in Columbus, Ohio, during the Great Depression, Penrod was one of five siblings. His ascent to resort tycoon started humbly, from line cook to owning one of the largest McDonald's franchises. He went on to own several bars and restaurants in Fort Lauderdale, Miami and Daytona Beach. In 1988, he launched Penrod's Beach Club on South Beach, which helped transition the area into a travel destination. In 1997, Penrod's 18-year-old daughter, Nicole, died in a car crash. He founded Nikki Beach on the Penrod's Beach Club site in 1998 to honor her memory. After 25 years in business, Miami-Dade County and Miami Beach named April 17, 2012, 'Jack Penrod Day' to honor his contributions to the community. Today, there are 11 Nikki Beach locations and five resorts around the world. When he wasn't running his businesses, Penrod was a diver, pilot and constant explorer. He released an autobiography, titled 'One Grand Adventure: Becoming Rich in Business, Family and Life,' in 2023. 'Jack was humble, loving, intelligent, and kind — genuine to his core, with an adventurous spirit that was truly magnetic,' Lucia Penrod said. 'His children and I loved him deeply, and we will keep his spirit alive through years of cherished memories.' In 2023, Penrod lost his grandson, Max, and then his second daughter, Tracey. He is survived by his loving wife of 30 years, Lucia Penrod, and their children, Jake and Isabella, as well as his children Michele and Michael from his first marriage to Annette Yarborough. He leaves behind several cherished grandchildren, including Caitlin Shearsmith, Zachary Payne, Cassidy Payne Firt, Austin Higney, and Skylar Penrod, along with great-grandchildren Sienna, Juliette and Henley Shearsmith, and Arlen Payne. He is also survived by his sisters, Carol Ann Penrod-Kramer and Melodie Cunningham. His family asks that in lieu of flowers, donations be made in Penrod's memory to Nikki Cares, the charity he launched to support causes close to his heart. Donations can be made via Zelle using the email address AP@ 'He meant so much to so many, leaving a lasting impact on everyone he met. He inspired people to reach for the stars and never give up. It was my deepest privilege to be his wife,' Lucia Penrod said. 'We will continue to spread happiness and love for family and friends all over the world and he will live forever in our hearts.'
Zawya
06-02-2025
- Business
- Zawya
RAK Properties achieves strong FY 2024 results, driving transformational growth for 2025
RELATED TOPICS EARNINGS RELATED COMPANIES Development Middle East Minor Hotels Nikki Beach Global FOUR SEASONS Ellington Proper Mirasol RAK Properties Profit before tax is up by 52% to AED 308 million Development backlog stands at AED 1.9 billion as at 31st December 2024 Continued growth in 2025 with the unveiling of the latest updates on Mina, Ras Al Khaimah's premier island lifestyle destination First phase of Mirasol fully sold out, marking the first project launched by RAK Properties in 2025 as part of its ambitious AED 5 billion GDV pipeline New partnership with Four Seasons to introduce a luxury resort and private residences in Mina CEO of RAK Properties said: '2024, following an exceptional 2023, was a year of strategic preparation, positioning us for significant transformational expansion in 2025.' Ras Al Khaimah, UAE: RAK Properties (ADX: RAKPROP), Ras Al Khaimah's leading publicly listed property developer, has released its consolidated financial results for the full year 2024, showcasing consistent financial growth and strategic advancements that position the company for transformational growth in 2025. RECORD 2024 FINANCIAL PERFORMANCE Building on an exceptional 2023, RAK Properties posted record 40% year-on-year revenue growth in 2024, reaching AED 1.4 billion, up from AED 1 billion in 2023. Profit before tax increased by 52% to AED 308 million compared to AED 202 million for the same period last year. Net profit grew 32% to AED 280 million, compared to AED 202 million in 2023, demonstrating the company's ability to sustain strong momentum and deliver on its strategic vision. Total assets increased by 24% to AED 8.01 billion as at 31st December 2024 compared to AED 6.46 billion at the end of 2023. In addition, total equity stood at AED 5.53 billion as at 31st December 2024 compared to AED 4.30 billion at the end of the previous year. This exceptional performance was fuelled by robust sales across key residential, commercial, and hospitality projects, alongside disciplined cost management and operational efficiencies. Recurring revenue from hospitality, retail and leasing assets contributed AED 261 million, reflecting stable demand across the Company's income-generating portfolio. These assets continue to provide a resilient income stream, enhancing financial stability and long-term profitability. STRATEGIC GROWTH WILL DRIVE A TRANSFORMATIONAL 2025 Abdulaziz Abdullah Al Zaabi, Chairman of RAK Properties, said: "RAK Properties has once again delivered an exceptional year of financial growth, demonstrating the strength of our vision and the confidence of our stakeholders. Our strong balance sheet and performance reflect not only the sustained demand for high-quality developments in Ras Al Khaimah, but also our ability to anticipate market needs and create destinations that elevate the emirate's real estate landscape." "As we enter 2025, we are poised for a defining phase of expansion, led by the unveiling of the Mina masterplan a transformative development that will establish Ras Al Khaimah's most sought-after island living community. 'Coupled with our AED 5 billion pipeline and a strong recurring revenue portfolio, we remain committed to shaping the future of the emirate with visionary projects that attract investors, enhance communities, and reinforce Ras Al Khaimah's position as a premier real estate destination.' Sameh Muhtadi, CEO of RAK Properties, commented: "2024, following an exceptional 2023, was a year of strategic preparation, positioning us for significant transformational expansion in 2025. Last year, we focused on strengthening our development pipeline, diversifying our offerings, and establishing key partnerships – such as our collaboration with Four Seasons. 'Looking to 2025, the rapid sell-out of Mirasol's first phase — our first project launched in Mina in 2025 — demonstrates the strong demand for our developments and the confidence placed in our vision. "We remain committed to being ahead of the game with swift construction and precise project delivery, leveraging our core strengths to set new benchmarks in quality, innovation, and customer satisfaction. The Mina masterplan is a prime example of this commitment. Mina is a world-class island destination, designed to offer an unparalleled waterfront lifestyle, premium residential living and exceptional hospitality experiences.' KEY DEVELOPMENT ACHIEVEMENTS The Company's development backlog stands at AED 1.9 billion, driven by existing and upcoming projects, providing strong visibility on revenue generation over the next few years. Residential Developments The residential portfolio continues to serve as a cornerstone of RAK Properties' robust performance, comprising 49% of total assets, valued at AED 8.01 billion as of December 2024. This reaffirms the Company's steadfast commitment to delivering exceptional living spaces that enrich lifestyles and strengthen Ras Al Khaimah's position as a premier destination. As at 31st December 2024, RAK Properties completed 3,265 units, with an additional 2,797 units under construction, reflecting its ability to consistently meet delivery timelines while maintaining high-quality standards. RAK Properties continued to diversify its residential portfolio in 2024 with the announcement of several new developments: In partnership with Ellington Properties, construction commenced on Porto Playa, a waterfront residential development on Hayat Island in Mina. This project underscores the Company's dedication to delivering sophisticated, world-class living experiences. RAK Properties unveiled Edge, a yacht-inspired waterfront residential tower on Raha Island. With 237 units, including studios, one-bedroom, and two-bedroom apartments, this luxury development captured significant buyer interest, achieving 80% sales since its launch at the end of Q4 2024. The exclusive NB Collection, introduced at the end of Q2 2024, offers a bespoke selection of 11 high-end beachfront villas. Designed for discerning buyers seeking privacy and luxury, the collection is set to be completed by the end of 2026. Partnering with A.R.M Holding and HIVE, RAK Properties announced an innovative co-living and co-working project in Mina. Catering to modern professionals and entrepreneurs, this development aligns with the Company's vision to address emerging lifestyle trends. Hospitality Developments RAK Properties recorded robust growth in its hospitality segment, reflecting the Company's strategic focus on diversifying revenue streams beyond residential sales. The hospitality portfolio contributed to overall revenue expansion, benefiting from Ras Al Khaimah's rising tourism demand and RAK Properties' existing premium assets. Intercontinental Ras Al Khaimah Mina Resort and SPA: the prestigious 351-key hotel situated on Hayat Island, Mina, continues to demonstrate solid performance, achieving high occupancy rates and generating strong financial revenue. Anantara Mina Al Arab Hotel and Resort, Ras Al Khaimah: the second five-star luxury hospitality asset with 174 keys opened its door and commenced operation in January 2024. Results to date are ahead of targets. RAK Properties has partnered with Nikki Beach Global to open the first branded resort and beach club in Mina, set to open in 2027. RAK Properties has expanded its partnership with Minor Hotels to introduce the upcoming Anantara Branded Residences – to be launched for sale in the first half of 2025 ESG HIGHLIGHTS RAK Properties remains committed to sustainable development and has implemented various initiatives to minimise its environmental impact and promote social responsibility. Key highlights include: Emiratisation level reached 21%, demonstrating its commitment to nurturing local talent and contributing to the UAE's economic development. RAK Properties' Anantara Mina Hotel and Resort was awarded LEED Gold certification for 2024 for its dedication to eco-friendly practices and responsible tourism. The Mina Discovery Centre, a community hub dedicated to environmental education and preservation, is set to open this year on Mina POST PERIOD HIGHLIGHTS RAK Properties is building on its strong 2024 performance with an ambitious agenda for 2025, focused on key project launches, strategic partnerships, and landbank expansion to support its continued growth. RAK Properties has announced a partnership with Four Seasons to introduce a luxury beach resort and private residences at Mina, blending Ras Al Khaimah's natural beauty with the the global acclaim of the Four Seasons brand. The resort will feature approximately 150 rooms, suites, and signature villas, alongside 130 private residences. Residential sales are set to launch later this year, with construction starting in early 2026. The recently unveiled Mina masterplan - with a AED 5 billion GDV development pipeline for 2025 - will redefine coastal living with sustainable, connected communities and diverse luxury residences, including waterfront villas and branded apartments. Key additions include the Mina yacht club, harbour, and Mina Boulevard featuring vibrant retail and dining 137 retail outlets across 23,000 sqm. RAK Properties has strategically expanded its landbank portfolio, acquiring new plots in prime locations. These acquisitions will support the company's future development plans and contribute to its long-term growth strategy. Mirasol, a new resort-style residential development, will introduce a fresh perspective on luxury living with a selection of studios, apartments, and duplexes. The first phase of Mirasol has already sold out, marking RAK Properties' first project launch of 2025, with handover scheduled for the first half of 2028. About RAK Properties Founded in 2005 under the visionary leadership of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties is a leading real estate developer committed to producing exceptional and sustainable destinations. Specializing in contemporary and meticulously crafted communities, RAK Properties integrates excellence, innovation, and nature to create enriching lifestyles in alignment with the aspirations of tomorrow's people. RAK Properties plays a pivotal role in achieving RAK Vision 2030, focusing on delivering economic, social, and environmental value, all aimed at enhancing lives and places, and contributing to the prosperous narrative of Ras Al Khaimah. Awards and recognitions Awarded 'Developer of the Year' 2023 by Construction Week Middle East. Bay Views Residences won the 'Best Residential Project' at the Design Middle East Awards 2023, where the residential development was recognized as the region's best design and architecture. Quattro Del Mar was awarded the Best Mixed-Used Project at the prestigious Pillars of Real Estate Awards 2024.
