UAE

A Look Into Almal’s Latest Landmark Development in Ras Al Khaimah: ‘The Unexpected Al Marjan Island Hotel & Residences’ – Khaleej Times

5 minutes, 27 seconds Read

Slated to open in 2026, the luxury hotel and residential project on Al Marjan Island, is set to redefine the region’s landscape, heralding a new era of luxury hospitality and leisure

By Kushmita Bose

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Published: Wed 19 Jun 2024, 3:39 PM


Buy/sell, rent/lease residential &
commercials real estate properties.

When people think of the UAE’s real estate boom, Dubai often dominates the conversation with its record-breaking sales, iconic skyscrapers, and luxury developments. However, just to the north lies an equally compelling story of economic growth and real estate transformation: Ras Al Khaimah. This picturesque emirate, known for its stunning landscapes and rich history, is rapidly becoming a significant player in the UAE’s real estate market.

In recent years, Ras Al Khaimah has witnessed a remarkable influx of major property projects that have reshaped its real estate landscape. The emirate has successfully attracted a variety of luxury property developments, global hotel brands, and branded residences, positioning itself as a prime destination for investment.

So, what makes Ras Al Khaimah a burgeoning real estate haven? One of the key factors driving this growth is the emirate’s commitment to creating a balanced and sustainable real estate market. Ras Al Khaimah’s strategic vision includes not only attracting high-end investments but also ensuring that development projects are in harmony with the emirate’s natural beauty and cultural heritage.

Elevating Luxury Living in Ras Al Khaimah

Central to Ras Al Khaimah’s vision is Almal Real Estate Developer, a pioneering force in reshaping the region’s hospitality landscape. Partnering with the renowned Palladium Hotel Group, Almal is poised to introduce a new paradigm in hospitality, one that transcends traditional luxury to embrace a fusion of sophistication and unbridled excitement. Nestled on the pristine shores of Al Marjan Island, The Unexpected Al Marjan Island Hotel & Residences stands as a testament to architectural ingenuity and unparalleled luxury. Scheduled for completion in the second half of 2026, the $280 million (Dh1 billion) marvel seamlessly blends natural aesthetics with contemporary design, setting a new standard for opulence in the emirate.

Al Marjan Island, renowned for its perpetual sunshine and pristine beaches, has evolved into a top destination, drawing residents and tourists alike with its blend of natural beauty and modern amenities. The Unexpected Al Marjan Island Hotel & Residences seeks to embody this essence, offering a seamless fusion of contemporary elegance and the tranquility of its surroundings.

“Al Marjan, with its forthcoming developments, stands as an ideal canvas for this visionary venture,” remarks Dmitriy Starovoitov, Founder of Almal Real Estate Development. Indeed, the synergy between Almal Real Estate Development and Palladium Hotel Group promises to infuse the region with a vibrant energy, perfectly complementing the ambitious Wynn project. This collaboration not only elevates the hospitality offerings on the island but also sets a new benchmark for excellence in the broader region.

Designed to harmonise with the island’s rich history and breathtaking landscapes, the project reflects a commitment to both architectural innovation and environmental sustainability. Each facet of the development, from its sweeping sea views to its meticulously crafted interiors, is poised to elevate the standard of luxury living in Ras Al Khaimah.

“In the heart of our journey, Almal stands as a benchmark of innovative development, weaving dreams into the very essence of homes and hearts with reliability, comfort, quality, and sophistication,” reflects Starovoitov. This sentiment encapsulates the ethos driving Almal’s commitment to creating spaces that harmoniously blend contemporary luxury with environmental stewardship.

Beyond its aesthetic allure, The Unexpected Al Marjan Island Hotel & Residences is set to offer a wealth of amenities tailored to cater to the discerning tastes of its residents and visitors….

Boasting 422 meticulously crafted hotel and residential units, each offering breathtaking views of the Arabian Gulf, The Unexpected Al Marjan Island promises an unrivaled experience in comfort and exclusivity. Guests and residents alike will indulge in an array of world-class amenities, including an infinity rooftop pool commanding panoramic vistas, a dynamic beach club, and a state-of-the-art spa and wellness center, all situated adjacent to the Wynn Resort.

At the heart of this architectural masterpiece are its culinary offerings, where five distinct dining venues promise to tantalise the senses with authentic international cuisine. From vibrant bistros to sophisticated fine dining, every palate will find its perfect match amidst the island’s serene ambiance.

Embark on a Premier Investment Opportunity

Discover an unparalleled investment opportunity in a monumental project where investors can now engage with exclusive pre-launch rates for both hotel and residential units. Starting at Dh1.6 million, the hotel presents a range of luxurious options including premium rooms starting at 1,420 sq ft, standard rooms at 460 sq ft, junior suites at 566 sq ft, and suites at 1,005 sq ft. Meanwhile, residential units begin at Dh1.7 million, featuring studios from 522 sq ft, one-bedroom apartments from 1,122 sq ft, and expansive two-bedroom spaces from 2,544 sq ft.

With a robust investment of $280 million, stakeholders are assured of a secure and highly lucrative return. This groundbreaking initiative promises not only substantial financial gains but also a chance to be part of an exceptional development set to redefine luxury living and hospitality standards.

Unrivaled Sophistication and 5-Star Experiences

Originating from Ibiza, where it has long been synonymous with exclusive parties and unforgettable experiences, the Spanish hotel chain is set to redefine hospitality in the emirate. Collaborating with two esteemed partners, the company has appointed Palladium Hotel Group, renowned for over five decades of excellence across seven countries, and managing nine successful brands, including Ushuaïa Unexpected Hotels to introduce The Unexpected Hotels & Residences. This concept, inspired by Palladium’s vibrant properties in Ibiza, is set to be the first of its kind in the UAE, bringing sophisticated parties, 5-star hospitality, an irresistible F&B offering, and the renowned nightlife of Ibiza to the island.

Since its establishment in 2022, Almal Real Estate Development has been unwavering in its commitment to elevate standards in luxury real estate and hospitality within the region. With several upcoming projects in the pipeline, the award-winning luxury developer is poised to make significant strides in the UAE’s dynamic landscape.

For more information about Almal Real Estate Development, visit www.almal-investments.com.

This post was originally published on 3rd party site mentioned on the title of this site

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