Prestige One Developments. Established · Hospitality grade. Mario Costa, Costa Global Capital
Established · Hospitality grade

Prestige One Developments. Boutique. Hospitality-grade finishes.

Prestige One is a boutique developer founded in 2017 by Ajmal Saifi, a Dubai property veteran active in the market since 2007. Hospitality-grade interiors, attention-to-detail finishes, and premium positioning, including Hilton-serviced residences. Builds in Meydan, Dubai Maritime City, Dubai Sports City, and JVC.

2017Founded
Ajmal SaifiFounder & CEO
25+ projectsCompleted or under way
Full profile

Prestige One, in depth.

Prestige One is a boutique developer built on hospitality-grade interiors and premium positioning. Founded in 2017 by Ajmal Saifi, a Dubai property veteran active since 2007, it has scaled to more than 25 projects completed or under construction.

Its differentiator is hotel-residence quality without the branded-residence price ceiling, including Hilton-serviced product. Flagships like Forest View in Meydan and Prestige One Residences in Dubai Maritime City target buyers who want five-star finish and service at a non-branded ticket.

It builds in Meydan, Dubai Maritime City, Dubai Sports City and JVC, growth corridors rather than established prime, which is where the value sits but also where infrastructure timing matters. Smaller building counts mean resale velocity is slower than the volume developers.

The investment logic is finish-and-service quality per dirham, with yield supported by the serviced-residence angle. Entry diligence matters more than usual because of the thinner secondary market.

The team's read: Prestige One suits buyers who want hotel-residence interiors at a sensible price. The team watches the entry phase and the specific building closely, since resale depth is the trade-off for the quality.

Founded
2017
Founder & CEO
Ajmal Saifi (in market since 2007)
Projects
25+
Focus
Hospitality-grade boutique
Signature
Forest View (Meydan) · Hilton-serviced residences

Signature projects — live Prestige One developments from the Costa Global Capital portfolio

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The team's read

What to know about Prestige One.

Prestige One is a strong fit for buyers who want hotel-residence interior quality without the branded residence price ceiling. Resale velocity is slower because of smaller building counts, so the entry diligence matters more.

Best forHotel-residence quality at non-branded price, owner-occupiers, end-users.
Flagship projects
  • Forest View — Meydan
  • Prestige One Residences — Dubai Maritime City (Hilton-serviced)
  • Luxury Canal Residences — Dubai Maritime City
Where Prestige One builds

Communities with active Prestige One stock.

Mario Costa
Talk to the team about Prestige One

Pre-launch access. By relationship.

Prestige One releases new towers and villa phases on a rolling cadence. The best allocations move through a short broker list before any public release. The team sits on that list and works inventory directly with the Prestige One sales team.

If a specific Prestige One project is on your shortlist, message the team. They can tell you exactly what is available, what payment plans are negotiable, and whether the launch is worth the entry price.

Mario Costa, Founder · Costa Global Capital

Working across every major masterplan