ACI Real Estate and Ferretti Group today launched two luxury waterfront residences, “Ferretti Luxury Beach Residence” and “Pershing Luxury Beach Residence”. Announced earlier this year, the two companies joined hands in what is believed to set new trends in luxury waterfront living. The freehold ownership project branded as “Marine Legends”, valued at about UAE 6 billion Dirham - over USD 1.6 billion - and situated at the Waterfront, offers a sprawling 1,969,607 Sq Ft of saleable area.
“This deal has furthered the vision we have at ACI Real Estate, which is to bring world class luxury living to Dubai. The Ferretti Group has been a leading luxury brand for decades now. We at ACI Real Estate want to blend Ferretti’s expertise into our real estate projects and provide our customers with the best of both worlds”, said Robin Lohmann, Managing Director of ACI Real Estate.
Vincenzo Cannatelli, CEO of Ferretti S.p.A., added: “The whole world is coming to Dubai and at ACI Real Estate we have found our match. This strategic venture is a result of mutual professional admiration and recognition of our common values.”
