THE ONE BY ALMAL BALI NUSA DUA WINS APARTMENTS/CONDOMINIUM INDONESIA AWARD AT INTERNATIONAL PROPERTY AWARDS – ASIA PACIFIC 2026
Bangkok, Thailand: May 7, 2026 : Almal Real Estate Development, a Dubai-based, award-winning investment and real estate development company, today announced that The One by Almal Bali Nusa Dua, A Registry Collection Hotel, has been named the winner of the Apartments/Condominium Indonesia category at the International Property Awards – Asia Pacific 2026–2027, one of the most authoritative and globally recognised benchmarks of excellence in the property industry.
The award was presented by the International Property Awards in association with GROHE, recognising outstanding quality, design, and innovation across residential and commercial property developments throughout the Asia Pacific region. Entries are judged by an independent panel of over 100 industry experts, making a win at this level a credible and meaningful validation of a project’s design and delivery standards.
The recognition marks a significant milestone for Almal’s international expansion strategy, coming as the company establishes its presence in Southeast Asia with The One by Almal, its debut development in Bali. The project has already attracted strong buyer interest from the Middle East, Europe, and Asia, and this award further reinforces the global-calibre credentials of the development.
“This recognition means a great deal to us. When we brought The One by Almal Bali Nusa Dua, A Registry Collection Hotel to Bali, we were committed to delivering a product that could stand alongside the world’s finest residential developments. To be acknowledged by the International Property Awards at the Asia Pacific level is a reflection of the entire team’s dedication, and of the strength of our partnerships in Bali,” said Dmitriy Starovoitov, Founder of Almal Real Estate Development.
Located on the pristine shores of Nusa Dua, The One by Almal is a collection of 154 serviced residences comprising 12 villas, 30 townhouses, and 112 apartments, crafted for elevated tropical living and meaningful ownership. The development sits on 10,000 m² of land with a built-up area of 13,100 m² and features eight resident amenities including a rooftop restaurant, pool bar, 266 m² fully equipped gym, co-working space, and 63 private pools. Starting from USD 98,000 with returns of up to 22% and an 18-month instalment payment plan, the project offers a compelling entry point into Bali’s high-performing real estate market.
The project operates under a license from Wyndham Hotels & Resorts as part of the Registry Collection Hotels, Wyndham’s upper-upscale soft brand. This affiliation connects owners to Wyndham's global reservation and distribution network, spanning hundreds of online travel platforms, travel agencies, and direct booking channels, the Wyndham Rewards loyalty programme with over 100 million members worldwide, and professional revenue management systems advantages typically unavailable to independent properties that directly support long-term returns.
Bali remains one of Asia’s most resilient and sought-after real estate markets, welcoming over 6.3 million international visitors in 2024, a 19.5% increase year-on-year. With occupancy rates exceeding 90% year-round and only 5% of the island zoned for tourism and real estate development, the scarcity of developable land continues to support strong capital appreciation and rental yields. Major catalysts including a new international airport, a Paramount theme park, and a Formula 1 circuit further underpin Bali’s long-term investment fundamentals.
Nusa Dua is home to some of the world’s most recognised luxury hospitality names including St. Regis, Ritz-Carlton, Kempinski, Mulia, and Mandarin Oriental, cementing the area’s position as Bali’s premier lifestyle and investment destination. The One by Almal benefits directly from this established address, with proximity to premium beach clubs, luxury hotels, and Bali’s most celebrated nightlife.
Almal Real Estate Development continues to expand its global portfolio across high-growth markets, delivering premium residential, hospitality, and mixed-use developments in partnership with internationally recognised operators across the UAE, Bali, and beyond.
Almal Real Estate Development is an award-winning Dubai-headquartered real estate investment and development firm specialising in high-yield residential and hospitality projects across the UAE and internationally. With a growing global footprint spanning the Middle East, Europe, and Southeast Asia, Almal is committed to redefining luxury living and hospitality through design-led, high-return developments.
The company’s portfolio includes Harrisoni La Mer, a collection of fully furnished luxury villas on Dubai’s La Mer waterfront; The Unexpected Al Marjan Island Hotel & Residences, a landmark 422-key beachfront development on Al Marjan Island, Ras Al Khaimah; and The One By Almal, a luxury residential project marking the company’s debut in Bali, Indonesia — signalling Almal’s strategic expansion into Southeast Asia’s thriving luxury real estate market.
Wyndham Hotels & Resorts is the world’s largest hotel franchising company by number of properties, with approximately 9,000 hotels across more than 95 countries. Through its network of 24 hotel brands spanning economy through upper-upscale, Wyndham is democratising hotel travel for the everyday traveller. Its award-winning Wyndham Rewards loyalty programme offers over 100 million enrolled members the opportunity to redeem points at thousands of hotels, vacation club resorts, and vacation rentals globally. For more information, visit www.wyndhamhotels.com.
About Registry Collection Hotels
Registry Collection Hotels is Wyndham’s upper-upscale soft brand, bringing together a curated portfolio of distinctive luxury hotels and resorts that celebrate strong local character, exceptional design, and world-class service. As a collection brand, Registry allows each property to maintain its individual identity and story while benefiting from Wyndham’s global distribution infrastructure, the Wyndham Rewards loyalty ecosystem, and professional revenue management expertise. Properties under the Registry Collection Hotels banner are recognised for their architectural distinction, authentic sense of place, and commitment to delivering elevated guest experiences. For more information, visit www.wyndhamhotels.com/registry-collection-hotels.
Media Contact:
Oksana Vitkovska – Head of Marketing, Almal Real Estate Development