Lighthouse Properties Records A Full Sell-Out On Its First Launch

Lighthouse Properties Records A Full Sell-Out On Its First Launch

Lighthouse Properties has announced the complete sell-out of Arthouse Private Residences, marking the master broker’s first launch as a strategic partner to Clédor Developments and Viva Development.

The sell-out underscores Lighthouse Properties’ focus on limited-scale residential projects in low-density, well-connected communities. With a total of 120 units and completion targeted for Q1 2028, the development achieved full sell-out shortly after launch, supported by Lighthouse Properties’ established broker partner ecosystem and growing investor confidence in thoughtfully positioned lifestyle developments.

Marwan Al KindiFounder and CEO of Lighthouse Properties, said: “Arthouse Private Residences reflects the type of projects we prioritize – developments with a defined concept, strong location fundamentals, and a clear target market. Reaching a full sell-out on our first launch with Clédor Developments and Viva Development shows that the market clearly responded to the project, and that the way it was brought to market worked.”

Omar GullFounder and CEO of Clédor Developments, added: “We are very pleased to partner with Lighthouse Properties on this launch. Their structured approach to the market and deep broker relationships were instrumental to the project’s performance. Working with Marwan Al Kindi once again confirmed why he is widely known in the industry as Mr. Sold-Out – a reputation built on consistency, trust, and results.”

Located in Meydan District 11, the project brings the legacy of Arthouse Hotel New York City to Dubai through a limited collection of one- and two-bedroom residences defined by a clear architectural approach, practical layouts, and hotel-style services. The development is supported by wellness amenities, concierge services, and professionally managed rental options.