Swiss developer Fortimo unveils Dh500 million freehold project in Dubai

By Sadia Afrin

Dubai, UAE 

Swiss property developer Fortimo and its local partner Eaglewing have unveiled the Golf Residences, a Dh500 million residential project overlooking the 18-hole golf course at Dubai Hills community, which will deliver 200 apartments when completed in the third quarter of 2026.

The Golf Residence is a 10-storey residential complex with 2 parking floors in the heart of Dubai Hills that will rise next to a green park – further adding attractions for the residents.

Offering a choice of one, two or three bedrooms, and spanning 943 square feet to 2,415 square feet, each apartment is designed to maximise the surrounding views of the sought-after community. Price of the smallest one-bedroom apartment start from Dh1.4 million while price per square feet ranges between Dh1,400 to Dh1,500 per square feet, officials told Gulf Property in an interview.

Founded in 2000 in Switzerland by twin brothers Remo and Philipp Bienz, Fortimo is a leading Swiss property developer, holder and operator. Fortimo has a portfolio of 80+ properties across German-speaking Switzerland, Austria and Dubai, with a combined value of close to 1.5 billion Swiss Francs (Dh6 billion).

Fortimo’s 450-strong workforce is an interdisciplinary team that covers all facets of property development, conceptualisation and construction, composing living spaces that exceed expectations. Grounded in the Swiss legacy for precision, excellence and dedication, Fortimo stands for quality, sustainability, dynamism and passion. In addition, Remo and Philipp are shareholders in FC St.Gallen 1879 and have invested in more than 40 start-ups.

“With more than 80 real estate developments across Switzerland, Austria and the UAE, leading Swiss property developer Fortimo is renowned for its exceptional precision, expertise and execution across all facets of real estate development and operations. Now, Fortimo is bringing the Swiss DNA for excellence to Dubai with the announcement of its first residential build-to-buy development in the UAE,” the company said in a statement.

The developers have appointed OCTA Develop as the exclusive sales partner – to sell of the project – for the developers. The launch of the project was attended by hundreds of real estate brokers.

The Golf Residence promises to bring Fortimo’s Swiss legacy of precision quality, cleanliness of design and execution, high-level concepts and craftmanship, and meticulous attention to detail to the fore, while also embedding the Swiss sensibilities of sustainability and health and safety into every facet of the construction.

Patric Roosli, General Manager of Fortimo’s Dubai operations, said, “With the Golf Residence, we bring ‘Swissness’ to the real estate market in Dubai. Swissness means high-quality, precision engineering and transparency and we will demonstrate this in this project – which comes with a large water-body on top of the podium that looks more like a lake than a swimming pool, complimented by another kids’ pool, a green garden with barbecue facilities, tennis court, health club, co-working space, a library for reading pleasure, a yoga studio.

“We are not a newcomer in Dubai’s real estate market, having delivered two projects – one residential projects that is on the leasehold market while we have also delivered a hospitality project – both fetching recurring income for our business However, the Golf Residence is our first residential freehold project and we are confident that the market will snap it up fast due to its attractive location, high-quality and moderate pricing.”

Recognising the growing trend for remote working, The Golf Residence’s Studio Zone will offer a comfortable, contemporary co-working space within the complex. The Social Zone invites residents to connect over a game of pool or table tennis, while the Library Lounge is a chic area for relaxation. Luxury kitchens will feature top-of-the-range European fridges, dishwashers, ovens, and hobs. Expansive balconies with sliding glass doors maximise natural light and create a seamless flow of indoor and outdoor living, showcasing the breathtaking golf course and horizon views, capitalising on Dubai’s alfresco lifestyle.

Dedicated to “composing living spaces” of unmatched excellence and comfort, Fortimo’s interdisciplinary team has integrated a strong sense of community into The Golf Residence masterplan. Beautifully conceived amenities include the Oasis Paradise Pool, a resort-sized swimming pool surrounded by sunken seating areas and shaded cabanas; a state-of-the-art gym and basketball court; landscaped gardens; and the Kids Haven, an outdoor recreation space with a splash pad and games corners for younger residents.

Rahul Raghuwanshi, Partner at Eaglewing, said, the project will go out for tender to select the main contractor. “We are looking at finalizing the appointment of a main contractor before December this year,” he said. “The project is being financed by the developer putting about 30 percent equity. We hope the sale proceeds will pay up for the project development cost. So, we do not foresee the need to seek bank finance for the project development.

“For customers, we have devised a convenient payment plan. They have to pay 50 percent during construction and the balance on handover.”

The Golf Residence marks the third major development in Dubai for Fortimo, led by twin brothers Philipp and Remo Bienz, and local partners Eaglewing Projects. The partners’ existing developments include PRIVÀ Living in Arjan, a build-to-lease residential development that opened in 2019, offering serviced apartments for short- and long-term rentals; and REVIER Hotel in Business Bay, which opened in 2021. With Swiss design and excellence at its heart, the 230-key hotel was awarded Best Luxury Design Hotel in the Middle East in the 2022 World Luxury Hotel Awards.

Founder, Co-Owner and Board Member of the Fortimo Group, Remo Bienz says, “We are delighted to be taking the next step in our Dubai journey with The Golf Residence, our first build-to-buy development in the UAE. When we first visited Dubai in 2008, we were fascinated by this thriving and pulsating city. As experienced real estate developer partners from Switzerland, we were impressed by the way Dubai had transformed from a small town to an internationally recognised, bustling destination. We are thrilled to be part of this exciting city’s ongoing development and its dedication to creating exceptional living spaces for its residents.”

Philipp Bienz, Founder, Co-Owner and Chairman of the Fortimo Group, continues, “At Fortimo, we pride ourselves on radiating joy, fun and a real enthusiasm for the industry into everything we do – that energy and optimism is something we immediately recognised in Dubai, and we’re excited to be expanding our presence in the region with The Golf Residence.”

“We are excited to partner with Fortimo to bring our expertise in prime real estate to the UAE market.” says Rahul Raghuwanshi, Founder of Eaglewing Projects. “Our focus on Dubai Hills and other thriving communities will allow us to provide our clients with the best possible opportunities.”

Ends

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