2025 has been a landmark year for Ras Al Khaimah’s real estate market, marked by record-breaking sales and growing investor interest. Elevate, the leading lifestyle real estate brand, has raised the bar in Ras Al Khaimah with the Mondrian Al Marjan Island Beach Residences. Launched at Atlantis The Royal on November 26, the project became the emirate’s fastest-selling development, recording Dh704 million in sales within just two hours.
Over 200 units were sold almost instantly at the launch, cementing the project’s reputation as the most anticipated branded residence in the Northern Emirates. In response to this overwhelming demand, Elevate has announced that the final 100 units will soon be released, offering buyers the opportunity to own a home in this landmark development.
Valued at Dh1.8 billion, the project is developed in partnership with Ennismore, the world’s fastest-growing lifestyle hospitality company. Designed by Gensler and Bergman Design House, Mondrian Al Marjan Island Beach Residences blends bold architecture with immersive design, creating a new benchmark for branded beachfront living that has resonated strongly with international investors.
Zeeshaan Shah, Founder and Chairman of Elevate, said, “The incredible demand we witnessed, selling over Dh700 million in just two hours, is a powerful validation of our vision for Mondrian Al Marjan Island Beach Residences. We didn’t just launch a building; we introduced a new standard of lifestyle that resonates deeply with global investors. This rapid absorption proves that Ras Al Khaimah is no longer just an emerging market; it is a prime destination for luxury real estate, and Elevate is proud to be leading this transformation.”
The final 100 units
The remaining units will feature some of the project’s most sought-after layouts, divided across three signature tiers:
- The Residences: Stylish 1–3 bedroom apartments
- The Front Row Collection: Beachfront townhouses with direct access to the beach
- The Sky Collection: Luxurious duplex and triplex sky villas with private pools
Residents will have access to more than 60,000 sq. ft. of world-class amenities, including the Mondrian Sky Club, the region’s first Fi’lia Beach, and Accor Platinum Status benefits worldwide, along with close proximity to the upcoming Wynn Al Marjan Island.
The road ahead
With construction progressing and completion scheduled for Q4 2028, Mondrian Al Marjan Island Beach Residences continues to define luxury living in Ras Al Khaimah, offering both a premium lifestyle and a strong investment opportunity.
In a market characterized by rapid growth and long-term opportunities, we guide investors toward properties with strong potential for capital appreciation, helping them make well-informed and confident investment decisions.