CityBlue Hotels, Africa’s fastest-growing local hotel chain, has announced a strategic alliance with SMB Properties, a leading property developer in Kenya, to develop the Le Mirage Residences by CityBlue, a 256-unit upscale residential tower in Nairobi.
Unveiled at the prestigious Future Hospitality Summit Africa, this collaboration aims to redefine luxury urban living in Kenya’s capital and reinforces both brands’ commitment to expanding their footprint across the continent.
The $150 million development, strategically located in Nairobi’s high-end Westlands district, is set to become one of Kenya’s tallest and most iconic skyscrapers.
Designed to attract high-net-worth individuals and expatriates, Le Mirage Residences will feature luxurious 1 to 4-bedroom apartments complemented by over 22 amenities, including a rooftop infinity pool, spa, fully-equipped gym, squash and pickleball courts, private cinema lounges, and dedicated children’s play areas.
Spanning more than 52,000 square feet of wellness, lifestyle, and recreational facilities, the project embodies a “vertical city” concept, promising a comprehensive lifestyle experience.
The development is positioned to capitalize on Nairobi’s rising status as an investment hub, with projected capital appreciation of up to 30% within three years and returns on investment of up to 23%.
Jameel Verjee, CEO of CityBlue Hotels, highlighted the strategic importance of the partnership, stating, “This collaboration underscores our commitment to expanding our footprint beyond traditional hospitality. Le Mirage Residences will offer residents the signature CityBlue experience—centered on comfort, convenience, and exceptional service—while tapping into Nairobi’s vibrant real estate market.”
Taher Saleh, Managing Director of SMB Properties, added, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya. With its prime location, cutting-edge design, and first-class amenities, the project is poised to set new standards in Kenya’s high-end residential market.”
Located in the heart of Westlands, the development offers easy access to Nairobi’s business districts, diplomatic missions, and lifestyle destinations.
As Kenya continues its trajectory as a leading investment destination in Africa, Le Mirage Residences is expected to attract international capital and serve as a benchmark for modern living in Nairobi’s evolving urban landscape.
