Tag Archives: ATARA

Located on Al Marjan Island in Ras Al Khaimah, the beachfront residences feature 141 units. Ras Al Khaimah economy is on track to grow by an average of 4 per cent annually from 2024 to 2027*, paving the way for some of the biggest names in hospitality and real estate. The projected growth of Al Marjan Island continues to be an immense draw for buyers and investors not only with a residential market boom but also a surge in tourism and hospitality.  The agreement was signed in the presence of dignitaries of Marjan and Marriott, including Arch. Abdulla Al Abdouli, CEO of Marjan, who joined ATARA leadership to commemorate the milestone. This flagship project is the cornerstone of ATARA Development’s expanding portfolio, underscoring the company’s strategic shift towards primary development. With a robust pipeline of over 1 million square feet planned in the next two years, it represents a major step in ATARA’s growth. Building on a strong track record of sold-out projects in Dubai’s most prestigious locations such as Pearl Jumeirah Island, La Mer South Island, and Dubai Islands, this collaboration with Marriott International sets a new benchmark in luxury living and reinforces ATARA´s position as a lead developer. “We are delighted to welcome ATARA Development and The Residences at Sheraton Al Marjan Island Resort to our vibrant community,” said Arch. Abdullah Al Abdouli, CEO of Marjan. “Located on the prime shores of Al Marjan Island, this project reflects the caliber of world-class developments we envision for our destination. By combining ATARA’s expertise in luxury residences with Sheraton’s legacy of hospitality excellence, it offers a distinctive proposition for both residents and investors — further strengthening Al Marjan Island’s position as …

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