Al Mal Real Estate Development unveils its new project on Al Marjan Island managed by Palladium Hotels Group

Al Mal Real Estate Developments announced the launch of a new hospitality project Ushuaia in Experienced Hotels & Residences on Ras Al Khaimah Al Marjan Island managed by Palladium Hotels Group. The luxury hotel and residential development features more than 422 hotel rooms and fully equipped residential units with stunning views of the Arabian Gulf. Hotel and residential facilities include a distinctive beach club, bars, fine dining, as well as skyline pools near Wynn Resort.

Al Mal Real Estate Development has appointed Palladium Hotels Group to manage its new project on Al Marjan Island, which consists of two divisions, The Inn Exposed Al Marjan Island and The In Experienced Al Murjan Residences, within the portfolio of the renowned Ushuaia in Experienced Hotels & Residences. The well-known Spanish hotel operator has over 50 years of experience in the hospitality industry, managing more than 40 hotels in seven countries under the name of 9 different brands.

Founded in 2011 on the island of Ibiza, Ushuaia in Experienced Hotels & Residences is distinguished by its luxury entrepreneurial projects, providing guests with unparalleled exclusive experiences and services, including the unique harmony of music and entertainment. Comprising two hotels and the world-famous Ibiza Club, the project in Ibiza is set to join the brand’s portfolio as part of the project at the end of the 2024 season, and the new luxury hotel features exquisite garden design, state-of-the-art technology, VIP services, diverse culinary experiences, as well as world-class musical entertainment experiences. Al Mal Developments will bring the iconic Ushuaia in Experienced Hotels & Residences brand concept to Al Marjan Island with its recently launched collection, The In Experienced Hotels & Residences, to enhance the region’s hospitality sector by offering immersive experiences in wellness, music, dining and entertainment.

Dmytro Starovutov, Founder of Al Mal Developments, said: “Our new project reflects the company’s commitment to providing luxurious and upscale experiences in the hospitality and leisure sector. As a full-service investment and development company, we are delighted to introduce The In Exposed Al Marjan Island and The In Experienced Al Murjan Residences in the UAE, introducing a new concept in the luxury hospitality sector along with unprecedented entertainment experiences.”
Jesus Soprino, CEO of Palladium Hotel Group, said: “Palladium Hotel Group is proud of Al Mal’s trust in delivering this exceptional project, which cements a brand’s presence and redefines the concept of luxury hospitality in the UAE.”

Eng. Abdulla Al Abdouli, CEO of Marjan, said: “As the master developer of freehold properties in Ras Al Khaimah, we at Marjan are delighted to continue shaping the future of high-end living on Al Marjan Island and Ras Al Khaimah by launching this prestigious project. We are committed to providing rewarding opportunities for investors and creating unparalleled experiences for Ras Al Khaimah residents and visitors, reinforcing the island’s appeal as a key lifestyle destination.”

Al Mal Real Estate Development has strengthened its commitments by attracting more than US$100 million in investment to the region, cementing its position as one of the key companies in the sector. The project is strategically aligned with Ras Al Khaimah’s vision to expand its tourism offering, which complements the emirate’s objective to position Al Marjan Island as a premier destination for luxury leisure and hospitality. The new project contributes significantly to the expansion of the UAE’s economic diversification strategy, strengthening its position in the global tourism market.