NEXT, a leading development company from Georgia, is continuing its successful international expansion with a new, distinctive project in Zanzibar. This development is part of NEXT’s global vision to explore fast-growing real estate markets and deliver projects that combine innovation, design, and value.
An official partnership agreement has been signed, and work is now underway together with Brash, the international creative agency behind branding for world-class projects such as Burj Khalifa in Dubai and Saudi Arabia’s mega-developments: Qiddiya City, Amaala, New Murabba, and The Red Sea International Airport. Brash’s portfolio also includes high-profile projects in London and Sydney. In collaboration with NEXT, the goal is to create a bold, innovative project that will set new standards both regionally and globally.
An official partnership agreement has been signed, and work is now underway together with Brash, the international creative agency behind branding for world-class projects such as Burj Khalifa in Dubai and Saudi Arabia’s mega-developments: Qiddiya City, Amaala, New Murabba, and The Red Sea International Airport. Brash’s portfolio also includes high-profile projects in London and Sydney. In collaboration with NEXT, the goal is to create a bold, innovative project that will set new standards both regionally and globally.
Zanzibar, an archipelago in the Indian Ocean often called the “paradise island”, is becoming a magnet for international investors. With its white-sand beaches, UNESCO-listed Stone Town, rich cultural mix, and rare natural ecosystems, the island offers a unique combination of beauty, heritage, and opportunity.
Tourism is the backbone of Zanzibar’s economy. In 2024, visitor numbers rose by 15.4%, driving strong demand for real estate - from historic apartments in Stone Town to premium villas in Paje and Nungwi, where prices are growing by around 10% annually. Investors can expect returns of 10-15% per year from rentals, plus an additional 5-10% from the rising market value of the property itself. making Zanzibar one of the most attractive emerging destinations in the market.
Tourism is the backbone of Zanzibar’s economy. In 2024, visitor numbers rose by 15.4%, driving strong demand for real estate - from historic apartments in Stone Town to premium villas in Paje and Nungwi, where prices are growing by around 10% annually. Investors can expect returns of 10-15% per year from rentals, plus an additional 5-10% from the rising market value of the property itself. making Zanzibar one of the most attractive emerging destinations in the market.
For NEXT, this new project represents both a challenge and an opportunity - further strengthening its position as an innovative global brand capable of delivering large-scale developments in diverse cultural and economic environments.