ATARA Developmentβs Landmark Partnership with Marriott International
ATARA Development has partnered with Marriott International in its launch of the first Sheraton branded residences in the GCC. The project is situated on Al Marjan Island, and setting a new standard in the real estate investment of Ras Al Khaimah. The waterfront homes in RAK, UAE is also co-located with the Sheraton Al Marjan Island Resort and provides the resort-style living in the centre of one of the fastest-developing coastal resorts in the UAE.
Introducing the GCCβs First Sheraton-Branded Residences
Sheraton Residences in Al Marjan is a new milestone of ATARA Development in Ras Al Khaimah. The project has 141 beachfront units, which are a combination of the modern architecture and the global hospitality standards of Sheraton. These RAK waterfront homes combine comfort, design, and exclusive amenities in the UAE.
The project points out the shift of ATARA to massive property development, after achieving success in the premium areas such as Pearl Jumeirah Island, La Mer South Island and Dubai Islands. Having more than 1 million square feet of development in the coming two years, ATARA is establishing itself as a player in the Ras Al Khaimah real estate investment.
Luxury Beachfront Living on Al Marjan Island
This luxury property in Al Marjan Island is gaining popularity among buyers and investors. The new Sheraton Residences will enhance the reputation of the island as a hub of lifestyle. The Al Marjan Island has direct access to the beach, a developing hospitality industry, and high economic development. The economy of Ras Al Khaimah is also expected to increase by 4 percent per year between 2024 and 2027, which is why it is a good investment option.
To the locals, the development will provide them with the option of living on the beachfront with direct access to the resort amenities. Due to few beachfront apartments in Al Marjan, this will give the island more exclusivity and long-term value, which will reflect in the near future as capital appreciation.
Key Features and Amenities of Sheraton Al Marjan Residences
The Sheraton branded residences provide a luxury waterfront lifestyle with more than 50 world-class facilities. The in-house hospitality services provided by ATARA will ensure a smooth combination of personal living and resort comfort.
Key highlights include:
- Direct beachfront access
- Resort-style swimming pools
- Fitness and wellness facilities.
- Premium dining options
- Concierge and hospitality services.
- Parking and developed security systems.
The homes will be built with the international design concept of Sheraton, which incorporates big spaces, contemporary interior and high-quality finishing.
The Reasons to Invest in Sheraton Residences on Al Marjan Island
By investing in Sheraton Residences in Al Marjan, the investor will get a property that offers a combination of living in luxury and high returns. The project is exclusive since there are few Sheraton-branded homes all over the world. The location of Al Marjan Island as one of the leading coastal resorts guarantees demand in the long run.
Key investment drivers:
- GCC first Sheraton homes.
- Best site on Al Marjan Island.
- Good development in RAK tourism and real estate.
- Hospitality services in a resort lifestyle.
- Only 141 units are available.
