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flag Jumeirah plans a new hotel and residences in Dubai, expanding into La Mer South by 2029.

flag Jumeirah, a luxury hotel group, plans to expand in Dubai with a new hotel in La Mer South and two residences. flag The hotel, Jumeirah Asora Bay, will include 103 rooms and 20 villas, opening in 2029. flag The residences, developed with Meraas, will have 29 high-end units. flag Dubai's luxury property market is booming, with branded residences seeing a 69% premium over non-branded ones. flag Demand surged in 2024, driven by international high-net-worth investors attracted to the tax-free lifestyle and stability.

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