logo
Ardee Developments Announces Sales Launch for Fairmont Residences Al Marjan Island

Ardee Developments Announces Sales Launch for Fairmont Residences Al Marjan Island

Web Release16-05-2025

Ardee Developments has announced the launch of sales for Fairmont Residences Al Marjan Island, its highly anticipated branded residential offering in partnership with Fairmont Hotels & Resorts.
Official sales will commence on 1 June 2025 with expression of interest starting 15 May 2025, marking a major milestone in the evolution of Ardee Al Marjan Island, the company's flagship, multi-billion-dirham development set to redefine coastal living in Ras Al Khaimah.
Fairmont Residences Al Marjan Island will comprise 523 upscale residences — including apartments, townhouses, and sea villas — ranging from one to six bedrooms and spanning 86 m² to over 300 m². Every home is thoughtfully designed to embody refined beachfront living, with uninterrupted sea views and elegant interiors that reflect timeless sophistication.
Bringing together the prestige of the Fairmont brand with the ease of resort-style living, residents will enjoy exclusive access to a private beach, the Fairmont Fit Fitness Centre
and Studio, family & kids pool, adults sky pool & terrace & bar, dedicated boardroom and private dining room, resident's owners lounge as well as wellness facilities including treatment rooms, screening room, games room, kids club and seamless connectivity to the adjacent Fairmont resort.
Further enriching the offering is a tailored suite of à la carte services. From in-home catering and private chef experiences to childcare, dog walking, housekeeping, personal concierge support, and a home maintenance program while residents are away, every element is designed to simplify and enhance everyday living. In addition, residents will enjoy exclusive access to the Accor Owner Benefits Program. This includes Diamond status in the Accor Live Limitless (ALL) programme, the ability to gift Gold status to family and friends, and VIP privileges at over 5,700 hotels and resorts around the world.
With prices starting from AED 2.49 Million, Fairmont Residences Al Marjan Island offers an exclusive opportunity for discerning buyers seeking long-term value, effortless luxury, and a lifestyle defined by exceptional quality in one of the region's most iconic coastal destinations.
Beyond the residences, guests were given an exclusive look at the next phase of the Ardee Al Marjan Island masterplan. The development is progressing into a fully integrated coastal destination that blends residences, hospitality, leisure, retail, and entertainment on an unprecedented scale.
Key components of the masterplan include branded and serviced residences, private villas, townhouses, a flagship luxury hotel, and a vibrant retail and F&B promenade. The destination will also feature a variety of curated lifestyle offerings — from wellness hubs and gaming lounges to family entertainment zones and waterfront experiences — all designed to create a future-ready, immersive community.
Prioritizing walkability, nature access, and sea connectivity, the project will boast expansive green spaces, direct beach access, and panoramic views, setting a new standard for contemporary island living in Ras Al Khaimah.
Vishal Mehta, CEO of Ardee Developments, added: 'As we prepare to open sales of Fairmont Residences Al Marjan Island this June, we are proud to invite buyers into a community that reflects excellence at every level. In partnership with Al Marjan Island, Fairmont Hotels, and Christie's International Real Estate, we are shaping a new era of luxury coastal living in Ras Al Khaimah — one defined by world-class design, hospitality, and lifestyle, brought together in a truly integrated destination.'
To support global sales efforts, Ardee Developments has appointed Christie's International Real Estate Ras Al Khaimah as the exclusive master agency. Christie's will lead GCC and international outreach and client servicing, ensuring a seamless buyer journey.
'This is a vibrant and integrated coastal lifestyle community that combines natural beauty, unparalleled hospitality and leisure not seen in the area before,' said Jackie Johns and Dinesh Chhatwani, Managing Partners at Christie's International Real Estate Ras Al Khaimah. 'Ras Al Khaimah's momentum as a global hospitality and investment hub, and its rapidly growing real estate market, makes it the ideal launchpad for Ardee Developments to execute its grand vision.'
Upon completion, Ardee Al Marjan Island will be the largest and most ambitious development of its kind on Al Marjan Island. Spanning over 2.5 million sq. ft.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gross banks' assets up by 1.9% to AED4,719.4 bn. at end of March
Gross banks' assets up by 1.9% to AED4,719.4 bn. at end of March

Sharjah 24

time4 hours ago

  • Sharjah 24

Gross banks' assets up by 1.9% to AED4,719.4 bn. at end of March

The increase was due to AED5.1 billion growth in currency in circulation outside banks, overriding the AED1.4 billion decrease in monetary deposits. The money supply aggregate M2 increased by 3.3%, increasing from AED 2,360.3 billion at the end of February 2025 to AED2,437.7 billion at the end of March 2025. M2 increased because of an elevated M1, and AED73.8 billion increase in Quasi-Monetary Deposits. The money supply aggregate M3 also increased by 2.9%, from AED2,811.7 billion at the end of February 2025 to AED2,893.7 billion at the end of March 2025. M3 increased due to the growth in M2, and AED4.5 billion increase in government deposits. The monetary base increased by 2.0%, from AED816.6 billion at the end of February 2025 to AED833.1 billion at the end of March 2025. The growth in the monetary base was driven by increases in currency issued by 4.1% and in reserve account by 62.0%, overriding the decrease in banks & OFCs' current accounts & overnight deposits of banks at CBUAE by 64.2% and in monetary bills & Islamic certificates of deposit by 6.3%. Gross banks' assets, including bankers' acceptances, increased by 1.9% from AED4,632.2 billion at the end of February 2025 to AED4,719.4 billion at the end of March 2025. Gross credit increased by 1.6% from AED2,204.3 billion at the end of February 2025 to AED2,240.0 billion at the end of March 2025. Gross credit increased due the combined growth in domestic credit by AED19.5 billion and foreign credit by AED16.2 billion. The growth in domestic credit was due to increases in credit to the; public sector (government-related entities) by 0.2%, private sector by 1.4% and non-banking financial institutions by 1.9%, while credit to the government sector decreased by 0.3%. Banks' deposits increased by 2.3%, from AED2,871.5 billion at the end of February 2025 to AED2,936.4 billion at the end of March 2025. The increase in bank deposits was driven by the shared growth in resident deposits by 2.4%, settling at AED2,687.8 billion and in non- resident deposits by 0.4%, reaching AED248.6 billion. Within the resident deposits; government-related entities deposits increased by 4.3%, private sector deposits increased by 3.1% and non-banking financial institutions deposits increased by 5.1%, while deposits to the government sector decreased by 2.3%, by the end of March 2025.

Aldar Achieves AED 3.5 Billion in First‑Week Fahid Island Sales
Aldar Achieves AED 3.5 Billion in First‑Week Fahid Island Sales

Arabian Post

time9 hours ago

  • Arabian Post

Aldar Achieves AED 3.5 Billion in First‑Week Fahid Island Sales

Aldar has secured over AED 3.5 billion in sales during the initial launch week of its Fahid Beach Residences and The Beach House on Fahid Island, underscoring strong demand for the developer's new coastal wellness vision. Sales encompass a mix of 1- to 4‑bedroom apartments, townhouses and penthouses, with prices starting from around AED 3 million for residential units, and represent a pivotal milestone for the island's debut as Abu Dhabi's first wellness‑focused coastal destination. The weekend launch saw committed buyers who value coastal living, wellness‑driven design, and access to a super‑premium British curriculum, with Kings College School Wimbledon integrated within the broader masterplan. Expatriate residents and overseas investors accounted for 67 percent of total sales. The top nationalities included people from the UAE, Russia, the UK and China—a testament to Fahid Island's growing international credibility as a lifestyle investment hub. Aldar's CEO, Jonathan Emery, noted that a significant share of buyers are first‑time customers of Aldar, with a marked representation of younger demographics; 42 percent are under the age of 45. ADVERTISEMENT Fahid Island spans a prime location between Yas Island and Saadiyat Island, featuring an 11 km coastline set within pristine mangrove forests. The development is backed by a gross development value exceeding AED 40 billion and is being positioned as the world's first 'Fitwel‑certified island'. Designed to prioritise wellness, it includes amenities such as 24‑hour gyms, luxury spas, social kitchens, pet spas, and direct waterfront access. Analysts view the strong launch sales as reflective of Abu Dhabi's upward trend in real estate investment. June is shaping up as one of the capital's most active months, fuelled by Fahid Island's launch and concurrent high‑end projects such as the Bulgari branded residences. The performance on Fahid Island suggests a shift: younger, wellness‑oriented buyers are engaging with luxury markets, a departure from the traditionally older investor base. Closer examination reveals further trends: 67 percent of buyers are new to Aldar's portfolio, indicating the island's appeal to a fresh and diverse audience. The project's proximity—five minutes from Yas Island, 15 minutes from Abu Dhabi International Airport and Saadiyat—is a key draw, alongside the island's positioning as a lifestyle destination offering a blend of culture, community and environmental immersion. Fahid Island's commitment to sustainability, wellness and education adds to its allure. The British curriculum school, part of Aldar's integrated planning, caters to global families intent on combining luxurious living with holistic wellbeing. Meanwhile, its Fitwel designation reinforces the emphasis on health‑centric built environments. The sales mix at launch highlights both investment and lifestyle motivations. Properties span multiple price bands and formats—apartments, townhomes, penthouses—offering price thresholds from AED 3 million upwards. This diversity widens appeal to both investors and end‑users seeking premium coastal residences. Abu Dhabi's property market is experiencing a resurgence in interest from international investors. Fahid Island's launch dovetails with broader market momentum, positioning the city as a global real estate hotspot. Its emphasis on wellness, youth engagement, and quality education aligns with shifting consumer values across the Gulf region. Moving ahead, Aldar anticipates sustained engagement from both domestic and international buyers. Jonathan Emery commented that ahead of subsequent phases, the developer expects Fahid Island's profile to strengthen on the global stage and continue drawing affluent individuals seeking health‑oriented, culture‑rich coastal communities.

NBA SUPERSTAR AND INTERNATIONAL BUSINESSMAN KEVIN DURANT PARTNERS WITH QATAR SPORTS INVESTMENTS, INVESTING DIRECTLY IN PARIS SAINT-GERMAIN
NBA SUPERSTAR AND INTERNATIONAL BUSINESSMAN KEVIN DURANT PARTNERS WITH QATAR SPORTS INVESTMENTS, INVESTING DIRECTLY IN PARIS SAINT-GERMAIN

Web Release

time10 hours ago

  • Web Release

NBA SUPERSTAR AND INTERNATIONAL BUSINESSMAN KEVIN DURANT PARTNERS WITH QATAR SPORTS INVESTMENTS, INVESTING DIRECTLY IN PARIS SAINT-GERMAIN

Qatar Sports Investments, the majority-owner of European Champions Paris Saint-Germain, has signed an investment and strategic partnership agreement with Kevin Durant, one of the most decorated US basketball players of all time and a leading investor in sports and entertainment properties. The deal will see Durant – via his media and investment arm Boardroom, with entrepreneur and long-time business partner Rich Kleiman – acquire a direct minority stake in the Club. In August 2024, Durant – the two-time NBA Champion, four-time Olympic gold medalist, MVP, and fifteen-time NBA All-Star – partnered with Paris Saint-Germain through Arctos Partners, a minority shareholder in the Club. Earlier this week, Qatar Sports Investments and Boardroom Sports Holdings – Durant's personal investment vehicle which holds stakes in a range of leading sports teams and leagues – signed a share purchase and strategic partnership agreement whereby Durant has become a direct minority shareholder in Paris Saint-Germain. As part of the relationship, Boardroom and Qatar Sports Investments will partner on a wide-series of commercial, investment, and content initiatives; and Durant will support the Club on its continued sports and business diversification and growth – including co-developing merchandise and original media content; advising on the Club's US and other international markets strategy; supporting PSG for Communities (the Club's charitable foundation and fundraising arm); and consulting on Paris Saint-Germain's multi-sport strategy including potential plans in basketball. Nasser Al-Khelaïfi, Chairman of Qatar Sports Investments said, 'QSI is pleased to welcome Kevin Durant as a direct shareholder in Paris Saint-Germain and strategic partner of our Group. We continually seek to elevate the Club and our broader portfolio through high-impact partnerships that bring strategic value, innovation, and global perspective. Together with Kevin, we look forward to developing ambitious initiatives that will drive the continued global growth of Paris Saint-Germain and QSI.' Kevin Durant said, 'It is an honour to partner with QSI and be a shareholder in Paris Saint-Germain – a Club and a city that is so close to my heart. This club has big plans ahead, and I can't wait to be a part of the next phase of growth; and to explore new investment opportunities with QSI.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store