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Raffles

Raffles

United Arab Emirates
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Core Evaluation

Comprehensive assessment of developer's core competencies

Track Record

Raffles-branded residences on Palm Jumeirah are developed by Dubai’s Emerald Palace Group (EPG) in partnership with Accor/ Raffles Hotels & Resorts. The project launched in early 2023 as a high-end luxury component of Raffles The Palm, offering 33 Oceanfront residences—ranging from two- to six-bedroom apartments, penthouses, and multi-storey Royal Villas. EPG also owns the Raffles Hotel adjacent to the residences, which underwent a rebranding from Kempinski in 2021.

Financial Credibility

Emerald Palace Group is a private real estate entity headquartered in Dubai, with over 25 years of luxury hospitality development. The successful sale of an AED 82 million Royal Villa and continued high-net-worth demand indicate strong market confidence and adequate capital backing. EPG’s ability to fully furnish units with premium finishes and provide high-level hospitality integration suggests solid financial backing.

Project Quality

These ultra-premium residences feature fully furnished interiors with bespoke Italian fixtures, marble, crystal chandeliers, private elevators, rooftop plunge pools, and spacious terraces. The development leverages hotel-level amenities, including private cinema, Cinq Mondes spa, jazz lounge, multiple restaurants, and full 24-hour Raffles Butler and concierge services. Residences also have seamless access to the hotel’s facilities and amenities consistent with five-star standards.

Legal & Regulatory Standing

Raffles The Palm Dubai and the residences are fully licensed and registered under the emirate’s freehold framework. The development was completed in line with official timelines, and sales transactions adhere to Dubai Land Department guidelines. No public records indicate any legal violations, escrow issues, or irregularities in permits or approvals.

Customer Experience

Market feedback is overwhelmingly positive. Ultra-wealthy buyers have praised the turnkey nature, craftsmanship, and curated Raffles living experience. Media report significant market interest, including the record-setting villa sale. There is no documented evidence of delivery or quality issues, though the limited scale and price point naturally restrict public critique or volume of reviews.

Market Reputation

The residences enhance Dubai’s luxury market, reinforcing the Raffles brand’s prestige and Emerald Palace Group’s position in branded residential development. The development is positioned as one of the most exclusive and elevated residential offerings on Palm Jumeirah, attracting global ultra-high-net-worth investors.

Innovation & Sustainability

While there are no public green certifications, the development integrates high-spec environmental features found in premium builds—such as automated systems, private pools, and upscale finishing. The luxury and sustainability standards mirror global best-practices for branded residences.