Groundbreaking Agreement to Establish First Sheraton Branded Residences in the GCC
Date: August 28, 2025 | By: LG Content Team
In a significant stride for the real estate sector in the Gulf Cooperation Council (GCC), ATARA Development has announced an ambitious partnership with Marriott International to introduce The Residences at the Sheraton Al Marjan Island Resort. This development will pioneer the launch of the first Sheraton-branded residences in the GCC, setting a new standard for luxury living in the region. The project will occupy a prime location on Al Marjan Island, within the picturesque Ras Al Khaimah.
The unveiling of this landmark agreement is not merely a corporate collaboration but a celebration of innovation and strategic development in the real estate landscape of the Middle East. The signing event gathered notable figures from both Marjan and Marriott, including Arch. Abdulla Al Abdouli, the CEO of Marjan, who emphasized the project’s significance within the context of premium property development.
A Premier Addition to the Real Estate Landscape
As a flagship initiative for ATARA Development, this project signifies a pivotal shift toward the luxury real estate market. The complex will encompass 141 exclusive units situated alongside the Sheraton Al Marjan Island Resort, creating a harmonious blend of residential and hospitality experiences. This adjacency promises residents unparalleled access to the resort’s extensive amenities while residing in a luxurious and distinctly branded environment.
“This flagship project is the cornerstone of ATARA Development’s expanding portfolio,” noted Arch. Abdulla Al Abdouli. “It underscores our strategic shift towards primary development while reaffirming our commitment to raising the bar in luxury real estate in the region.” With a robust project pipeline exceeding one million square feet slated for development in the next two years, ATARA is poised for a period of significant growth and investment.
Setting New Standards in Luxury Living
ATARA Development enters this project with a strong track record, having successfully completed sold-out projects in distinguished locations across Dubai, such as Pearl Jumeirah Island, La Mer South Island, and Dubai Islands. The collaboration with Marriott International not only solidifies ATARA’s status as a leading developer but also establishes a new benchmark for luxurious living that blends elegant architectural design with exceptional hospitality.
The forthcoming residences promise to offer an idyllic lifestyle, characterized by exquisite design, modern architecture, and a plethora of over 50 world-class amenities. Resort-style living will be amplified through in-house hospitality services offered by ATARA Development, ensuring that every resident enjoys the convenience and luxury associated with the iconic Sheraton brand.
“The warmth of Sheraton’s design ethos resonates through every aspect of The Residences,” remarked Umid Bazarov, Chief Operating Officer of ATARA Development. “Our vision reflects an understanding of the aspirations of discerning clients who seek not just a residence, but a lifestyle that delivers a sense of belonging and fulfillment.”
Emphasizing Quality and Sophistication
Underlining the importance of quality craftsmanship, the project is supported by ATARA’s in-house construction team, guaranteeing that each element is engineered to meet the highest standards of excellence. “Every detail—from structural precision to the aesthetics of interiors—has been meticulously curated to reflect sophistication and luxury,” added Bazarov.
The project’s design appeals to those with refined tastes and a desire for luxurious living spaces that marry functionality with elegance. Sandeep Walia, Chief Operating Officer for the Middle East and Luxury segments of Europe, Middle East, and Africa at Marriott International, expressed confidence in the collaboration: “We are delighted to work with ATARA Development to bring this vision to life. Together, we aim to create spaces that offer an unparalleled sense of belonging and accomplishment.”
Looking Forward
The introduction of The Residences at the Sheraton Al Marjan Island Resort is poised to redefine the luxury real estate market in the GCC. By combining ATARA’s expertise in property development with Sheraton’s heritage in hospitality, the project aspires to attract both residents and investors, further enhancing Al Marjan Island’s reputation as a premier coastal lifestyle destination.
As the GCC continues to evolve and expand, developments such as this serve as a testament to the region’s commitment to fostering innovative and luxurious living environments. With its strategic location and wealth of amenities, Sheraton Al Marjan Island is well positioned to become a key player in the Middle Eastern luxury real estate landscape.
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