A growing trend among affluent investors and business professionals is reshaping the luxury property market in the UAE, with coworking spaces now a coveted feature in high-end residential developments.
According to new insights from The Luxe Developers, a UAE-based luxury property developer, Ras Al Khaimah is witnessing a surge in demand for integrated business facilities within premium homes. The shift comes amid a broader regional uptick in coworking trends, with research indicating the UAE’s flexible workspace market is set to expand by more than 43% by 2029.
Capitalising on this shift, The Luxe Developers is positioning itself at the forefront of the evolving luxury real estate sector by embedding advanced coworking amenities into its latest developments. Among them is the AED 2.3 billion La Mazzoni project on Al Marjan Island – a fully furnished residential venture designed to balance upscale living with seamless professional functionality.
“Modern luxury buyers are increasingly entrepreneurs, digital nomads, and global investors who need to remain connected and productive,” said Shubam Aggarwal, Chairman and Co-owner of The Luxe Developers. “Our vision for La Mazzoni reflects that evolution — where home, office, and retreat converge in one curated environment.”
Aggarwal notes that such properties are no longer viewed solely as holiday homes or investment assets but as dynamic living spaces tailored to modern, mobile lifestyles. The inclusion of nature-inspired coworking lounges and business suites underscores this dual purpose, creating a professional ecosystem within a luxury setting.
The developer’s earlier project, Oceano, also based on Al Marjan Island, sold out rapidly, highlighting the strong appetite for these hybrid residential concepts.
Ras Al Khaimah’s positioning as a quieter, more exclusive destination compared to neighbouring emirates has bolstered its appeal, particularly among buyers seeking both privacy and convenience. Property prices in the emirate have risen by as much as 60%, according to market analysts, driven by increasing investor confidence and the launch of mega-scale developments.
Siddharta Banerji, Managing Director and Co-owner of The Luxe Developers, added: “The real estate landscape is shifting. Today’s luxury home is expected to do more — to be a sanctuary, a social space, and a productivity hub all in one. La Mazzoni is designed for the next generation of wealth creators who want to live and work in the same exceptional space.”
He further noted that the coworking facilities are not simply functional spaces, but also intended to cultivate connections among like-minded residents — from entrepreneurs to venture capitalists — fostering a spirit of innovation within the community.
As the lines between personal and professional life continue to blur, Ras Al Khaimah is poised to lead a new era of live-work luxury in the UAE.
For further details, visit: (http://www.theluxedevelopers.ae).
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