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Singapore investors have a final opportunity to own at Chelsea Residences by DAMAC in Dubai

Business

Singapore investors have a final opportunity to own at Chelsea Residences by DAMAC in Dubai
Business

Business

Singapore investors have a final opportunity to own at Chelsea Residences by DAMAC in Dubai

2026-07-22 08:00 Last Updated At:08:15

SINGAPORE, July 22, 2026 /PRNewswire/ -- DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, is set to unveil the sixth and final tower of Chelsea Residences by DAMAC at the Jubilee Ballroom of Raffles Singapore on 23 July, following the exceptional sell-out performance of the first five towers.   

Developed in partnership with Chelsea Football Club, the landmark project has seen strong demand from investors and end-users, reinforcing the appeal of its waterfront location, branded residential proposition and lifestyle-led design. The launch of the final tower now presents the last opportunity to own an apartment within the world's first football-branded residence.

Amira Sajwani, Managing Director, DAMAC Properties, said: "Chelsea Residences by DAMAC brings together an iconic global football brand, a prime waterfront setting and DAMAC's signature approach to luxury living. With the launch of the final tower, investors have a rare opportunity to be part of a distinctive seafront community defined by panoramic sea views, wellness-led amenities and a lifestyle inspired by performance, leisure and resort-style living."

As of 2025, Dubai leads the global branded residences market, with strong growth in transaction volumes of 26 percent YoY and growth in value of 51 percent YoY. Prices command a significant premium, going as much as 64 percent over non-branded units.[1]

Against this backdrop, Chelsea Residences by DAMAC offers a unique proposition, combining branded real estate, all sea-view apartments and curated amenities centered around football, wellness and resort-style living.

Chelsea Residences Tower C has a limited number of units available for sale, including one-bedroom, two-bedroom and three-bedroom residences. Prices start at S$ 900,958 (USD 697,073), with sizes starting from 827 sq ft.

Apart from the unobstructed views of the sea and the Dubai skyline, residents also enjoy access to several amenities including the UAE's only rooftop football pitch, a stunning blue-sand beach inspired by the team colours, a beach club and Athlete Training Centre.

Having delivered more than 50,000 homes and another 8,800 to be delivered in 2026 across Dubai, DAMAC is committed to creating lifestyle-driven communities that elevate everyday living into an immersive experience.

[1] https://www.cbre.ae/insights/figures/uae-branded-residences-report-2025 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Singapore investors have a final opportunity to own at Chelsea Residences by DAMAC in Dubai

Singapore investors have a final opportunity to own at Chelsea Residences by DAMAC in Dubai

The most significant software release in the company's history extends what's possible for agentic AI and other accelerated compute workloads. NeuralMesh 6 redefines inference economics with native multi-tenancy, a unified file-and-object protocol stack built on NVMe, intelligent data mobility with replication and remote caching support, always-on data reduction with performance guarantees, Kubernetes-native operations, and unified observability.

CAMPBELL, Calif., July 22, 2026 /PRNewswire/ -- WEKA, the AI data and memory infrastructure company, today announced WEKA NeuralMesh 6, the most significant software release in the company's history, delivering a purpose-built platform designed to help customers run production AI training, inference, and accelerated compute workloads at production scale on a single unified software stack. The release offers a robust set of capabilities that the AI infrastructure market has historically forced operators to assemble from separate vendors: native multi-tenancy at hyperscale, a full S3 protocol stack on NVMe, intelligent metadata-first data mobility that delivers async replication and remote caching, always-on data reduction with contractual guarantees, Kubernetes-native operations, and unified observability across every deployment.

Inference Costs Now Decide Which AI Companies Scale
The release arrives as the AI industry increasingly shifts decisively from training to production inference. Long-context reasoning, agentic workflows, and retrieval-driven AI workloads place sustained pressure on memory, metadata, and storage in ways traditional infrastructure architectures were not designed to handle. NeuralMesh 6 was built to deliver breakthrough inference economics at production scale for AI clouds, frontier model providers, government agencies, and large enterprises at the forefront of AI innovation.

Inference Economics Proven in Production on Oracle Cloud Infrastructure
NeuralMesh powers hyperscale AI inference in production today on Oracle Cloud Infrastructure (OCI). Leveraging WEKA's Augmented Memory Grid capability, which extends GPU memory by accelerating persistent KV cache access to NeuralMesh-managed NVMe storage, benchmarks on OCI H100 infrastructure have demonstrated 10x higher token throughput, 10x more concurrent users served, and 7x more tokens per GPU in production deployments.

"As agentic AI workloads push context windows and GPU utilization to new limits, WEKA and Oracle Cloud Infrastructure are helping customers scale inference more efficiently without simply adding more GPUs," Pablo Selem, senior director, software development, Oracle Cloud Infrastructure. "WEKA's NeuralMesh platform with Augmented Memory Grid on OCI helps remove memory bottlenecks, delivering substantially more throughput and concurrent users from the same GPU footprint. For customers, that means higher ROI on infrastructure investments and a clearer path to cost-efficient AI at scale."

Inside NeuralMesh 6
NeuralMesh 6 builds on this production foundation. Key features and capabilities include:

Native Multi-Tenancy at Hyperscale
NeuralMesh 6 delivers the industry's only multi-tenancy architecture that combines physical hardware isolation with logical network isolation on a single platform.

  • Composable Clusters provide complete hardware-level isolation, dedicated CPU, memory, and storage drives per tenant for anchor tenants that require guaranteed resources, workload separation, and predictable performance under load.
  • Virtual Multi-Tenancy provides VPC-like network isolation through WEKA's Virtualized RDMA Data Fabric (VRDF), supporting private VLANs, overlapping IP address spaces, per-tenant quality of service (QoS), per-tenant encryption with independent KMS, and independent LDAP/AD authentication. Virtual MT scales to more than 1,000 isolated logical tenants per cluster, with new tenant provisioning in under 30 minutes.

The two tiers compose. A single WEKA hardware cluster running 50 Composable Clusters can support up to 50,000 logically isolated tenants on the same physical infrastructure — a path from dozens of tenants to tens of thousands without re-architecting.

Full S3 Protocol Stack on NVMe
NeuralMesh 6 delivers a fully-featured, native S3 implementation in which the same physical data blocks are addressable via S3 and POSIX simultaneously — not a gateway that translates between protocols, but a single unified namespace. A file written via NFS or POSIX is immediately readable via S3, and vice versa, eliminating the multiple full-dataset copies that a conventional AI pipeline carries between the training, fine-tuning, and inference stages. The implementation is built for AI workload patterns: 2,000 to 5,000 concurrent S3 connections per node, roughly five times the concurrency of conventional S3 architectures. S3 over RDMA enables zero-copy data transfer directly to GPU memory. Object storage is no longer a secondary tier — it is a high-performance protocol native to the same platform that serves POSIX file workloads.

Intelligent Replication for AI Workloads
GPU infrastructure is increasingly distributed across sites, clouds, and regions. Traditional replication architectures force organizations to wait for complete data copies before workloads can begin — a model that breaks down when GPU availability shifts in hours rather than weeks. NeuralMesh 6's intelligent replication changes the model. The same foundation supports AI data mobility, cloudbursting, and multi-site collaboration. Metadata-first replication makes destination environments immediately browsable. Data hydrates on demand, only when accessed, reducing WAN traffic and eliminating unnecessary full-dataset copies. Organizations can place workloads where GPU capacity exists today rather than where data was originally written. In this first step towards complete federation and a global namespace, NeuralMesh 6 unlocks async replication and instantaneous remote caching functionality.

Always-On Data Reduction with Performance Guarantees
NeuralMesh 6 introduces always-on data reduction, specifically designed for AI workloads, with fingerprinting, similarity hashing, deduplication, and compression. It delivers less than 5% write overhead, up to 6x capacity savings on AI training data, and a contractual guarantee of both the data reduction ratio and the performance impact. The performance tax that has historically forced operators to choose between efficiency and speed is gone: data reduction is on by default, every deployment, every workload. Customer-specific pre-sales analysis can project workload-based reduction outcomes before deployment.

AlloyFlash Automated TLC + QLC Flash Tiering
AlloyFlash enables combining TLC and QLC NVMe flash within a single cluster, transparently routing latency-sensitive operations to TLC while leveraging QLC at roughly 30-40% lower cost per terabyte for bulk-capacity workloads. AlloyFlash makes the highest-density WEKApod configurations production-viable, not just capacity-on-paper.
Automatic, transparent, no customer configuration required.

NeuralMesh Kubernetes Operator
NeuralMesh Kubernetes Operator automates cluster deployment and lifecycle management in Kubernetes environments. For neo-clouds and AI research labs running Kubernetes as their operational standard, Kubernetes Operator reduces deployment time from weeks to hours and brings NeuralMesh into the same declarative operational model their compute infrastructure already uses.

NeuralMesh Observe
NeuralMesh Observe is SaaS-based observability built for high-performance AI storage. Unified multi-cluster dashboards, client-level diagnostics, intelligent alerting with configurable thresholds, and routing to Slack, PagerDuty, or email with direct links to relevant dashboards. Included with every NeuralMesh deployment at no additional cost.

"WhiteFiber is building a distributed GPU platform across multiple data centers connected by high-speed dark fiber. At our scale, data mobility isn't a nice-to-have; it's foundational," said Sam Tabar, CEO at WhiteFiber. "NeuralMesh's intelligent replication makes data mobility real at scale: we can make datasets visible across sites and pull exactly the data each job needs to the next GPU allocation as it becomes available. That shifts replication from a back-end protection function to a core part of how our distributed AI infrastructure needs to operate, improving workload mobility, capacity efficiency, and the resiliency our customers depend on. WEKA's data and memory infrastructure provides the foundation to scale our footprint without compromise. We're excited to keep building on that together."

"The infrastructure operators running production AI today have been forced to assemble platforms from vendors that were never designed to work together. Separate stacks for file and object, manual data movement between them, multi-tenancy bolted on after the fact. NeuralMesh 6 delivers what they've actually needed all along: a single platform that handles the high-performance file layer and the high-capacity object layer on the same blocks, with native multi-tenancy, intelligent data mobility, and always-on data efficiency built in from the start. This is what production inference infrastructure looks like when it's designed for the workload, not retrofitted for it," said Ajay Singh, Chief Product Officer at WEKA.

Availability
NeuralMesh 6 will be generally available in the second half of 2026. Existing WEKA customers can upgrade to NeuralMesh 6 at no additional cost through standard upgrade channels and should contact their Customer Success representative for more details.

For more information about WEKA's NeuralMesh 6 software release and features, visit: https://www.weka.io/product/neuralmesh/.

NeuralMesh x WEKApod: Built to Run In Perfect Symmetry Together
WEKA also announced the third generation of WEKApod Nitro, WEKApod Prime, and WEKApod Prime Max, the first AI storage appliances built on WEKA-designed and engineered hardware to optimize its NeuralMesh software platform. The systems deliver 1.1 exabytes of effective capacity per rack with multiple patents pending. See today's WEKApod announcement to learn more: https://www.weka.io/news/wekapod-3-densest-ai-storage-memory-system.

About WEKA
WEKA is the AI data and memory infrastructure company transforming the economics of agentic AI. Its NeuralMesh™ platform unifies high-performance data storage with extended GPU memory, giving enterprises, AI cloud providers, and AI builders a single foundation for training, inference, and agentic workloads. With Augmented Memory Grid, NeuralMesh extends GPU memory capacity by 1000x, accelerates time to first token by up to 20x, and delivers 10x more concurrent users from the same GPU footprint, proven in production benchmarks. Trusted by 30% of the Fortune 50, WEKA enables organizations to scale AI faster, optimize GPU utilization, and reduce the cost of every token served. Learn more at www.weka.io or connect with us on LinkedIn and X.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

WEKA Debuts NeuralMesh 6 to Power Enterprise and Agentic AI Workloads at Production Scale

WEKA Debuts NeuralMesh 6 to Power Enterprise and Agentic AI Workloads at Production Scale

WEKA Debuts NeuralMesh 6 to Power Enterprise and Agentic AI Workloads at Production Scale

WEKA Debuts NeuralMesh 6 to Power Enterprise and Agentic AI Workloads at Production Scale

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