A New Era of Coastal Luxury: US$ 500 Million Mondrian Beachfront Residence Set to Transform Al Marjan Island
Date: July 3, 2025
Posted by: LG Content Team
In a significant development for the real estate landscape of the United Arab Emirates (UAE), ELEVATE, a visionary lifestyle real estate brand established through a partnership between One Group and Ennismore, has embarked on a transformative project—the introduction of the first-ever Mondrian Beachfront Residences in the region, with a staggering investment of US$ 500 million. Nestled on the picturesque Al Marjan Island in Ras Al Khaimah, this ambitious venture is poised to redefine branded living experiences in the area, establishing a benchmark for luxury coastal living.
The formal signing of the agreement took place recently between Zeeshan Shah, Founder & Chairman of ELEVATE, and Louis Abboud, Regional Head of Lifestyle Collective at Ennismore. Arch. Abdulla Al Abdouli, CEO of Marjan, was also present, underscoring the collaborative spirit that characterizes this landmark initiative. The anticipated grand opening is projected for the fourth quarter of 2028, marking a milestone in a region increasingly recognized for its sophisticated lifestyle offerings.
The allure of Mondrian as a brand lies in its reputation for blending luxury with creativity, reflected in its properties worldwide—from Los Angeles to Cannes and Ibiza. With its imminent launch on Al Marjan Island, stakeholders believe it will become an iconic symbol of the emirate’s evolving identity. “We are proud to welcome Mondrian Beach Residences to Al Marjan Island, which is set to mark a global expansion for the hospitality giant,” stated Abdouli. His sentiments highlight not only the project’s significance to the developers but also its role in elevating Ras Al Khaimah on the global hospitality map.
ELEVATE’s commitment to the region extends beyond this singular project, with a robust US$ 1 billion development pipeline planned for the forthcoming year. Such an investment reflects confidence in the UAE’s economic resilience and ongoing appeal as a premier destination for luxury living, aligning with the nation’s broader goals for growth amidst a rapidly changing global landscape.
Shah echoed the sentiment of elevated expectations associated with the Mondrian brand. “Renowned for being at the forefront of lifestyle, art, and culture, Mondrian developments are icons in every city they grace. This will undoubtedly be the icon of Marjan Island,” he asserted, emphasizing the brand’s potential to draw both international and local clientele seeking unique living experiences.
The architectural design of the Mondrian Beach Residences will be spearheaded by Gensler, a San Francisco-based firm recognized as the world’s largest architecture and design consultancy. This partnership ensures that the project’s architectural narrative will not only meet but exceed the highest standards of modern design. Bringing a wealth of global expertise and innovative approaches, Gensler aims to create a space that enhances the aesthetic allure of Al Marjan Island while remaining practical and accessible.
Additionally, the interiors of the residences will reflect the same commitment to excellence. The award-winning London-based firm, Bergman Interiors, known for its exceptional work in luxury hospitality and bespoke residential design, will oversee this aspect of the project. Their involvement promises to infuse the living spaces with a level of sophistication and indulgence that aligns with the expectations of a discerning clientele.
Moreover, this project plays a vital role in the broader economic and tourism strategies of the UAE, which has increasingly aimed at diversifying its economy away from oil-dependence towards sectors like tourism and hospitality. As the world contemplates progressive urban living, ELEVATE’s Mondrian Beach Residences will redefine what it means to live by the beach—balancing opulence with the organic beauty of Ras Al Khaimah’s coastline.
In conclusion, as ELEVATE gears up to realize this ambitious venture, the Mondrian Beachfront Residences on Al Marjan Island represents not merely a commercial project but a bold statement about the future of luxurious living in the region. With its innovative design, commitment to high-quality construction, and strategic location, this undertaking is set to attract a new wave of residents and investors, solidifying the UAE’s position as a leader in exquisite coastal lifestyles.
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