Atara Development is advancing the next phase of The Residences at Sheraton Al Marjan Island Resort, refining its residential offering as Al Marjan Island strengthens its position as an emerging tourism, hospitality and real estate destination in the UAE.
Atara Development said steady progress is being made on its premium project - The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah - with shoring, piling and foundation works in full swing. On completion, it will boast 168 furnished homes with a mix of one- and two-bedroom units.
Dubai-based Atara Development has recorded AED110 million ($30 million) in villa sales during the first half through the successful sale of its Kaia and Haia residences on Pearl Jumeirah, thus reflecting growing demand from ultra-high-net-worth buyers for architecturally-curated waterfront homes.
Atara Development has launched The Residences at Sheraton Al Marjan Island Resort, the GCC's first Sheraton-branded homes at Ras Al Khaimah. Set for completion in 2028, the 159-unit project introduces an elevated waterfront lifestyle with a combination of leisure, holistic wellness and curated social experiences.
Atara Development has officially broken ground on The Residences at Sheraton Al Marjan Island Resort in Ras Al Khaimah, marking a major milestone for the GCC’s first Sheraton Residences. On completion, it will feature 159 premium beachfront units offering access to over 50 world-class amenities.