Prestige One CEO Ajmal Saifi Discusses Plans for Sustainable Luxury Properties in Dubai
(Dubai, UAE) April 19, 2023 — In a bid to revolutionize the luxury real estate market, Prestige One Developments is setting the stage for sustainable, eco-friendly luxury properties in Dubai. In a recent radio interview on Talk 100.3 FM, Founder and CEO Ajmal Saifi shared the company’s future plans, blending luxury and sustainability to create long-term communities with a focus on environmental responsibility.
Vision for the Future
At the moment, the company plans to develop 1,000 luxury residential units in 2023 and another 5,000 units over the next five years in and around the UAE. Prestige One focuses on building eco-friendly and sustainable projects that create value and long-term communities.
Combining Luxury and Sustainability
Ajmal explained that Prestige One aims to offer affordable luxury in its developments while focusing on sustainability. All projects are designed to have elements of feng shui, incorporating the latest technology with spacious, timeless designs. Furthermore, the company’s goal is to create residential developments with a hotel feel, providing an array of amenities for residents, including outdoor cinemas, jogging tracks, spas, gyms, pools, and paddle courts.
Vista and The Residences Projects
Prestige One is currently working on two major projects worth AED 800 million: Vista, located in Dubai Sports City, and The Residences, situated in JVC. Both communities are designed to offer an opulent, comfortable living experience for residents, with full golf course views from every unit in the Vista project.
Supporting the Community through Non-Profit Work
Ajmal is also involved in philanthropic efforts through the Diana Saifi Foundation, a family-run non-profit organization named after his mother. The foundation focuses on providing essential materials, supporting orphans and widows, and building homes for those in need. This Ramadan, the foundation provided food essentials for 500,000 people, and it plans to construct 100,000 homes for orphans and widows in the future.
Advice for Young Entrepreneurs
As a successful business magnate, Ajmal shared his advice for young individuals entering the industry. He emphasized the importance of hard work, believing in oneself, and listening to one’s parents.
“I think for the young generation, I think what’s important is the fact that the harder you work, the luckier you are. The sky’s the limit. And I think, another very, very important thing, is the fact that you should always listen to your parents. You know, I’ve always — I’ve been blessed to have parents that have always believed in me.”
In addition, Ajmal also highlighted the significance of perseverance, stating that real estate may “get sick, but never dies.”
Creating a Sustainable Future
Aligned with the UAE’s focus on sustainability, Prestige One Developments aims to incorporate sustainable practices at every stage of its projects, from concept design to tendering out the work. Ajmal believes that the company’s commitment to sustainability will contribute to a more environmentally-friendly future for the region.
For more information about Prestige One Developments and its upcoming projects, please visit https://prestigeonedevelopments.com/.