Ardee Developments, the newest player in the UAE's real estate market, has broken ground on its AED2 billion ($544 million) Fairmont Residences Al Marjan Island & Fairmont Al Marjan Island Hotel, thus signalling the launch of a landmark premium coastal living development in Ras Al Khaimah.
As the first development within Ardee’s 5.6 million sq ft masterplan, the landmark project establishes the design and lifestyle standards for the wider destination. It boasts nearly 1.2 million sq ft of gross floor area across the branded residences and hotel components.
Set for completion in 2028, the project comprises 519 branded residences and townhouses, four signature sea villas and an integrated 250-key hotel, thus positioning it as one of Ras Al Khaimah’s most significant branded coastal communities.
With enabling works completed, piling is now underway, marking the first major construction milestone, said senior Ardee officials at the groundbreaking ceremony.
Piling is expected to finish by April 2026, enabling the smooth transition into the main construction phase, they stated.
"Today marks an important milestone for Ardee. The groundbreaking signals the start of a flagship beachfront development that reflects our commitment to design excellence, long-term quality and modern coastal living," remarked Romeo Abdo, Founder of Ardee.
"This is the first phase of our Al Marjan Island masterplan and sets the benchmark for future communities. We are proud to support Ras Al Khaimah’s ambition to grow as a premier destination for coastal living and long-term investment," he stated.
Residents will enjoy a blend of Fairmont’s signature luxury with resort-style amenities, including private beach access, family and adult pools, wellness and fitness facilities, curated dining and social spaces, and seamless connectivity to the neighbouring Fairmont hotel — creating a destination where leisure, community, and convenience intersect.
Arch. Abdulla Al Abdouli, Group CEO of Marjan, expressing delight at the progress on Ardee Al Marjan Island, said: "By enabling master-planned developments, Marjan supports the emirate’s vision to become a global destination for luxury lifestyle and investment."
Omer Acar, CEO of Fairmont Raffles, said: "Today marks the beginning of an exciting new chapter. Embraced by nature and crafted to showcase the best of the destination, this development is set to become a vibrant social hub, where meaningful moments and unforgettable experiences truly ‘Make Special Happen."
The development introduces a refined coastal living experience that will form the foundation of an integrated waterfront destination combining residential, hospitality, leisure, retail and wellness assets. Through this masterplan, Ardee aims to elevate lifestyle quality, wellbeing and community connection, he added.-TradeArabia News Service