Dubai-based Atara Development has signed a landmark settlement with Marriott International to launch the Gulf area’s first Sheraton-branded residences. The new undertaking, The Residences at Sheraton Al Marjan Island Resort, shall be positioned on the prime shores of Ras Al Khaimah’s Al Marjan Island and have 141 luxurious beachfront houses co-located with a Sheraton resort. The deal marks a strategic milestone for each Atara and Marriott as branded residential developments proceed to reshape the actual property panorama throughout the Middle East. The settlement was signed in the presence of senior officers from Marjan, together with CEO Arch. Abdulla Al Abdouli, in addition to management from Marriott and Atara.
The announcement alerts Atara’s daring shift from high-end undertaking execution to turning into a major developer of branded life-style ecosystems. With greater than 1 million sq. toes in its undertaking pipeline over the subsequent two years, the corporate is trying to increase its portfolio past Dubai’s unique enclaves to rising premium locations like Ras Al Khaimah.
Talking concerning the new improvement, Umid Bazarov, Chief Operating Officer at Atara Development, stated: “It marks a turning point for Atara, where we evolve into a brand that creates full lifestyle ecosystems. Our vision is to build beyond structures — we want to create spaces that reflect the aspirations of modern luxury buyers.” The undertaking additionally displays Atara’s continued give attention to precision execution, backed by its in-house development capabilities. Every aspect of the event — from structural design to the best architectural detailing — is being delivered to fulfill the best requirements of expertise and world hospitality.
Al Marjan Island is quick rising because the UAE’s subsequent luxurious hotspot, drawing consideration from world builders and hospitality manufacturers alike. “Located on the prime shores of Al Marjan Island, this project reflects the caliber of world-class developments we envision for our destination,” stated Abdulla Al Abdouli. He added that the undertaking strengthens the island’s place as a premier coastal life-style hub for each residents and traders. Once accomplished, The Residences at Sheraton Al Marjan Island Resort will characteristic over 50 facilities, elegant interiors, and in-residence hospitality providers — mixing Sheraton’s heritage of excellence with Atara’s imaginative and prescient of elevated coastal dwelling.
For Marriott International, the launch of Sheraton residences in Ras Al Khaimah is a big regional milestone. “This development will champion Sheraton’s rich history of service and legacy of fostering connections,” stated Sandeep Walia, Chief Operating Officer, Middle East and Luxury, Europe, Middle East, and Africa at Marriott International. “We are delighted to collaborate with Atara Development to bring this vision to life and deliver the Sheraton experience that reflects a sense of belonging, accomplishment, and fulfillment for the residents.”
As one in every of solely a restricted variety of Sheraton-branded residences globally, the Ras Al Khaimah undertaking gives a uncommon alternative for traders and end-users to personal a slice of branded hospitality-driven dwelling in the area.
