ICONIC NEW FAIRMONT MARINA RESIDENCES TO GO ON SALE IN SEPTEMBER
Luxury residential and hotel development set to kickstart Fairmont’s ambitious regional growth strategy; distinctive arched tower will be an Abu Dhabi landmark
DUBAI, Month/Date TBC, 2014: Prestigious homes in a landmark waterfront development set to become an iconic feature of Abu Dhabi’s skyline will go on sale this month.
FRHI announced today that the 249 residences in its eagerly-anticipated Fairmont Marina Residences will be available to purchase from September xx. Occupants of the high-end residences will enjoy exclusive access to the guest facilities and services available in the luxurious Fairmont Marina Hotel, Abu Dhabi which will form the other half of the unique development.
The fully furnished residences and 563 hotel guestrooms will stand side-by-side in two iconic towers which meet in a magnificent arch, affording panoramic views of the Arabian Gulf, the Corniche and the capital’s famous skyline. The distinctive, arched skyscraper, close to the Marina Mall at Abu Dhabi breakwater, will stand 39 storeys tall and is scheduled for completion in the fourth quarter of 2016.
FRHI Hotels & Resorts (FRHI), the luxury hotel brand’s parent group, sees it as a landmark project which will act as a springboard for ambitious expansion plans in the region and beyond.
Sami Nasser, senior vice president operations at FRHI, said: “This iconic project is the first of its kind in Abu Dhabi, and the combination of luxury resident apartments and a five star hotel is an extremely exciting development, especially in one of the fastest growing markets in the UAE. FRHI has exceptionally strong residential expertise and we’re committed to our goal of being the preferred mixed-use hotel/residential operator in the region and beyond.
“Fairmont has proven experience in integrating a luxury residential component with its leading hotels and resorts, and real estate options are an increasingly key driver of FRHI’s growth and development plans.
“Fairmont Marina Residences, Abu Dhabi adds to FRHI’s exclusive and growing collection of private residences in locations around the world including Istanbul, Dubai, Makkah, Jeddah, Manila, and Vancouver and this project will be the start-up of a larger development plan for Middle East, Africa and India. We plan to grow the number of properties including residential options to double the existing portfolio in the region in the next five years” Set to debut a few months prior to the opening of the residences, Fairmont Marina hotel will feature 563 guestroom and suites, and nine restaurant and lounges, including a signature steakhouse, an Italian restaurant nestled on the landscaped grounds and a dedicated beach lounge and grill. Additionally the hotel will boast state-of-the-art meeting and function space, including a xxx square metre ballroom that can be partitioned into four separate venues, nine meeting rooms of varying sizes and a business centre. The property will also introduce the first Willow Stream Spa in the emirate, with 10 treatment rooms, Liwa desert theming, and regionally inspired Hammam treatments. Fairmont Marina Hotel will complement a robust portfolio of operating Fairmont hotels in UAE, including Fairmont Bab Al Bahr which opened in October 2009 at the main gateway to the city.
With a prime location on Abu Dhabi’s breakwater, the development will occupy an overall area of approximately 155,000 square meters, including an extensive water frontage. Residents and hotel guests will enjoy convenient access to the neighbouring Marina Mall, which is undergoing a massive expansion that will see it grow to two-and-a-half times its current size.
The Fairmont Marina Residences are elegant, sophisticated and fully furnished homes, ranging from 100 M2 for a one bedroom apartment to over 300 M2 for a four bedroom apartment with high quality furniture, fabrics and designs that reflect the local heritage. They’ll serve as a primary dwelling or a getaway retreat through all seasons, and will become a legacy for generations to come. With its incredible views, luxury lifestyle offerings and proximity to a vast range of attractions and amenities, developers are confident of strong sales, followed by steady capital appreciation.
Owners of property in Fairmont Marina Residences and guests of Fairmont Marina Resort will have a host of luxury amenities and services at their fingertips, including a multitude of international restaurants and lounges, an expansive infinity pool, deluxe spa and a state of-the-art fitness center. The little ones can even enjoy their own kids club and pool.
A la carte residential services such as housekeeping, childcare, grocery shopping and even a private chef on demand come as standard. To further enhance this luxury lifestyle, all Fairmont residents can enjoy exclusive membership in the invitation-only tier of the company’s guest recognition and loyalty program, which includes VIP status and access to special benefits at FRHI properties worldwide (includes the Fairmont, Raffles, and Swissôtel brands).
Fairmont Marina Residences adds to Fairmont’s exclusive and growing collection of private residences operating or in development in locations around the world including Chengdu, Vancouver, Istanbul, Makkah, and Fujairah. Fairmont offers proven experience in integrating a luxury residential component with its leading hotels, and real estate options are an increasingly integral part of the brand's robust development plans.
Set to bolster Fairmont’s presence in the region, the contract for construction of the unique Fairmont Abu Dhabi complex was awarded to Arabtec last year by the National Investment Corporation, the developer of the breakwater area.
The development was designed by Dewan Architects & Engineers to capture the splendour of Arabian regality and articulate a sense of timeless elegance and sheer luxury – the signature of another masterpiece by Fairmont.
The residence sales will be aimed purely at Abu Dhabi-based UAE nationals.
About Fairmont Hotels & Resorts
Fairmont Hotels & Resorts connects guests to the very best of its destinations worldwide, reflecting each locale's energy, culture and history. Passionate travelers choose the luxury hotel brand for its ability to deliver memorable travel experiences, personalized and thoughtful service, and hotels that are one-of-a-kind. Serving as genuine gateways to their destinations, Fairmont hotels offer locally-inspired cuisine and spirited bars and lounges, distinctive design and décor, and a steadfast responsibility to environmental and social priorities. With more than 65 hotels globally, and many more in development, landmark hotels in the Fairmont collection include The Plaza in New York, London’s The Savoy, Fairmont Peace Hotel in Shanghai and Quebec City’s Fairmont Le Château Frontenac. Fairmont is owned by FRHI Hotels & Resorts, a leading global hotel company with over 110 hotels under the Fairmont, Raffles, and Swissôtel brands. The company also manages Fairmont, Raffles and Swissôtel branded luxury private residence clubs, whole-ownership residences and serviced residences properties. For more information or reservations, please visit fairmont.com.