Durar unveils flagship coastal luxury residential project in RAK
RAS AL KHAIMAH, October 26, 2023
UAE-based real estate developer Durar has announced the launch of its flagship development, Masa Residence, on the pristine shores of Al Marjan Island in Ras Al Khaimah.
Set to redefine coastal luxury living, the exclusive development features 394 units comprising studios, one- and two-bedroom apartments alongside eight luxurious villas.
Durar said the interiors will be designed in collaboration with YOO Inspired by Starck, one of the most diverse and renowned design offerings in the world.
Developed under the creative direction of celebrated French industrial architect and designer, Philippe Starck, who leads YOO Inspired by Starck, Masa Residence will embody the brand’s vision of creating original, design-led communities, it stated.
Marjan CEO Abdulla Al Abdouli said: "The introduction of Masa Residence on Al Marjan Island by Durar, reflects our commitment to creating unparalleled living experiences for residents and guests on this iconic island, which is our flagship development, extending 4.5km into the Arabian Gulf and a prime destination for investors, developers, visitors and residents."
Masa Residence, he stated, is a testament to the shared vision of both Marjan and Durar to deliver aesthetically striking properties in Ras Al Khaimah that deliver high returns on investment.
"With its sophisticated design and amenities, Masa Residence will offer exceptional investment opportunities across a range of unit types for homeowners’ keen on enjoying the perks of waterfront living or second home buyers desiring a vacation property. It sets new benchmarks for luxury and exclusivity, further reinforcing Ras Al Khaimah’s appeal as an investment and lifestyle destination," he added.
Christie’s International Real Estate Ras Al Khaimah, an affiliate of the globally renowned Christie’s International Real Estate, is the exclusive sales and marketing agency for the development.
Christie’s Managing Partner for Ras Al Khaimah Jackie Johns said: "Offering an ultimate beach-front setting, an enviable location and uninterrupted vistas of the shimmering Arabian Gulf, Masa Residences is ideally situated three minutes from the upcoming integrated resort, Wynn Al Marjan Island."
The heightened development activity in Ras Al Khaimah signals a promising era of growth and progress, she said, adding: "We are thrilled to announce the opening of our office in Ras Al Khaimah and our collaboration with Durar on MASA Residences."
"Our extensive research and market data indicate a steady increase in demand for housing dwellings in Al Marjan Island. We believe the time is right to unveil a premium branded residential project. We are excited about the project’s launch and confident of a sellout," she added.
Durar Chairman Ibrahim Al Habib said: "Ras Al Khaimah continues to be a leading destination in the UAE's real estate market, fueled by the steady demand for shoreline living both by tourists and residents. We are very proud to announce one of our signature properties, Masa Residence, strategically located on the crowning jewel of the northern emirate - Al Marjan Island."
Durar, he stated is reputed for developing projects of fine quality and craftsmanship such as J ONE, an iconic mixed-use development on Dubai Canal, and Jasmine Lane by Elie Saab.
"Our latest project in the fast-expanding portfolio of residential and commercial developments will offer a premium lifestyle for its residents with world-class amenities and inspired, modern design," stated Al Habib.
"We are confident that our residential masterpiece will attract high demand for families and investors looking for luxurious and unique lifestyles," he added.-TradeArabia News Service
