Maison Privee has signed a deal to handle a portfolio of luxurious signature villas on Palm Jumeirah, Dubai.
The vacation rental supplier for the luxurious hospitality sector has taken on a spread if properties valued at over $100 million.
The property portfolio was acquired by a most well-liked associate relationship with Gulf Sotheby’s Worldwide Realty and its unique clientele.
Maison Privee mentioned in an announcement that the partnership strengthens its place as the biggest short-term rental operator on the Palm and helps its aspiration to be the biggest operator of luxurious properties within the UAE.
Maison Privee co-founder and managing director, Paul Mallee, mentioned: “Our focus is on rising our portfolio of luxurious and distinctive properties while guaranteeing that our visitor expertise continues to ‘wow’ at each contact level.”
Since its announcement of $four million Collection A funding final yr, Maison Privee mentioned it has continued to speculate closely in constructing the appropriate crew and infrastructure to assist accelerated development.
Co-founder Rami Shamaa mentioned: “Implementation of a really robust hotel-like company construction, IT stack and distinctive working mannequin has been elementary to positioning us for such development.
“With the appropriate constructions in place, Maison Privee has the flexibility to broaden its portfolio each in Dubai and internationally and is actively exploring enlargement by acquisition or partnership.”