In Miami, a Prime Property Market Leader Emerges

The Miami market continues to experience a shift in buying patterns, with domestic and international consumers alike spotlighting the sunny destination as one of the most sought-after for primary residences.  

Gone are the days of the Magic City and its surrounding communities being seen solely as a vacation market for secondary or tertiary homes – one bolstered by its beaches, dazzling night life, and balmy breezes.  More and more, the world’s most discerning, well-traveled individuals are instead flocking to the area to put down roots amidst Miami’s booming centers of business, tax-friendly climate, growing tech sector, high-ranking education institutions, lauded fine arts venues, and beyond.  

Ultra-high-net-worth individuals, in particular – especially those moving their businesses to the Sunshine State – have been at the forefront of this trend, seeking and scooping up residences that cater to their distinct needs – from size, scope, and state-of-the-art amenities, to privacy, security, and even oceanfront access.     

For Dubai-headquartered DAMAC International – the globally recognized luxury real estate and hospitality developer – their response to this evolving dynamic has been a transformative new offering.  The company’s innovative leaders astutely recognized the overarching desire among these consumers to find permanent, preeminent residences in South Florida, underscoring the need for an abundance of space and bespoke services.   As a result, DAMAC has launched its first ever project in the U.S.: The Delmore – a boutique showplace retreat marked by 37 mansions in the sky in the Town of Surfside.   Adjacent to Indian Creek and minutes from Bal Harbour, the Town completes Miami’s coveted “Billionaire’s Triangle,” putting The Delmore in the heart of one of the area’s most revered destinations.  

“DAMAC International has had the privilege of developing ultra-luxe projects in major markets across the globe, including London, Toronto, and the Maldives,” said Abbas Sajwani, Managing Director of DAMAC International.  “We had been actively seeking a Miami-area, oceanside location for our entrée into the U.S. market. Opportunities to build new construction within South Florida’s oceanfront communities are a rarity since there is a scarcity of land, and this property – within Miami’s Billionaire’s Triangle – was ideal.”

Already under construction with an anticipated delivery of 2029, prospective buyers worldwide have begun seeking out the 12-story property, emphasizing its jaw-dropping mansions.  Here, residences will average more than 7,000 square feet, while penthouses will exceed 10,000 square feet.   With prices currently starting at $15 million, The Delmore will be Miami’s marketplace leader and an area marvel.  

“The Delmore is introducing a new era of oceanfront living to Miami, particularly as ultra-high-net-worth residents seek a worthy permanent residence,” said Jeffery Rossely, Senior Vice President of Development for DAMAC International.  “Miami aims to be the third-largest financial center of the world, and this project speaks to that continued growth and global influence.”

With unobstructed views of the Atlantic Ocean, Biscayne Bay, and Miami skyline, The Delmore will be distinguished by a sculptural façade with sinuous curves and nested crescents that coalesce at the corners – hallmarks of Zaha Hadid’s matchless style.  An impressive, flow-through canyon with sky views will delineate the building’s north and south wings, leading seamlessly from the porte-cochère to the grand, glass-roofed double-height lobby, and out to the lush, oceanside meditation garden.  

The lobby – also designed by ZHA with skilled artisans working with the finest materials to the highest quality and craftsmanship – will feature work by the project’s interior designer, Hirsch Bedner Associates (HBA), a world-renowned hospitality design firm with offices throughout America, Asia, Europe, and the Middle East.  Across the canyon, suspended 125 feet in the air, a spectacular see-through swimming pool will further define the property as an architectural showplace.  The 75-foot-long acrylic pool – visible from Collins Avenue and likened to a water-filled bridge – will be the only one of its kind in Miami and a signature statement for Surfside.

“Our team was tasked with conceptualizing an oceanfront development that would redefine the standard for bespoke residential in a region that has earned global acclaim for its luxury offerings,” said Chris Lepine, Director of Zaha Hadid Architects. “We believe that The Delmore exceeds that standard.”

In each of The Delmore’s wings, there will be no more than two residences per floor, amplifying the sense of privacy and space, and filling the mansions’ interiors with sunlight.  The owner’s experience will furthermore be enhanced by a Residence Manager and served by residential butlers.  Each of the project’s four- to five-bedroom mansions will be fully finished with private elevator entry foyers and wraparound terraces. The interior designer, Hirsch Bedner Associates (HBA), will also be designing all baths and wardrobes, as well as custom Molteni&C kitchens – each anchored by intricately carved marble islands.  A majority of The Delmore’s mansions will feature two kitchens – one show kitchen for light meals, and a chef’s kitchen for prep work and catering – making them all the more of a must-see.

Rivaling the experience of a five-star hotel, the property’s more than 55,000 square feet of curated amenities will be, in a word, magnificent.  At the lobby-level, a collection of offerings will cater to daily enjoyment and well-being.  The state-of-the-art fitness center will feature studios for yoga, reformer Pilates, and stretching.  An indoor, 75-foot lap pool, adjacent to a Jacuzzi and lounge areas, will complement the rooftop pool and serve as a quintessential venue for morning workouts or year-round, all-weather recreation.  Primed to draw the outdoors in, this tranquil space, overlooking The Delmore’s signature meditation garden, will feature a long expanse of glass doors that dramatically retract to create an open-air pool and a continuous connection to the verdant exteriors.  

The Delmore’s exquisite rooftop deck, with the sky-high, transparent floating pool as its centerpiece – will have lounges, umbrellas, and a summer kitchen, perfected by unobstructed sunset, Bay, and Miami skyline vistas – a welcoming area for respite and leisure.  The wellness spa will have personalized programs, accompanied by a suite of offerings, including a steam room, sauna, cold and hot plunge pools, and a relaxation lounge.  A private restaurant with a curated, Michelin-starred menu, exclusive to residents and their guests, will be an additional pièce de resistance.  “Simply put, this is a spectacular, transformative property,” said Jay Phillip Parker, Chief Executive Officer of Brokerage, Florida Region, Douglas Elliman – which is the project’s exclusive broker. “There is significant demand for a product of this magnitude, especially in South Florida where the one percent continue to acquire ultra-high-end properties.  For the most discerning of purchasers, this is going to be the next great retreat.”    For more information please visit: The Delmore