First JW Marriott residential property to open in Ras Al Khaimah
RAS AL KHAIMAH , January 29, 2024
Following its strategic collaboration with Marriott International in November last year, WOW Resorts, a premium resort and residential developer, today (January 29) announced the launch of JW Marriott Residences & JW Marriott Al Marjan Island Resort in the northern emirate of Ras Al Khaimah.
Unveiling the project, WOW Resorts said the first JW Marriott-branded residential property in the GCC region - JW Marriott Residences & JW Marriott Al Marjan Island Resort - will be set up on Al Marjan Island at an estimated cost of AED4.8 billion ($1.3 billion).
Poised to be an architectural masterpiece on Al Marjan Island, this project is designed by celebrity Beverly Hills architect Tony Ashai with Dubai-based Lead Consultants Architecture Design Unit, ADU.
JW Marriott Residences & JW Marriott Al Marjan Island Resort comprises an exclusive portfolio of 474 residences, featuring a selection of one-, two-, three-, and four-bedroom units as well as luxurious penthouses, alongside 264 meticulously appointed guest rooms.
A luxury development set to redefine coastal living in the UAE market and wider region, it is set for handover by 2026.
The premium development will be a fusion of cutting-edge design, world-class amenities, and unparalleled hospitality, creating an iconic landmark within the Al Marjan Island community, said a top official.
"This venture marks just the beginning of an exciting journey for WOW Resorts in the UAE. With more awe-inspiring projects in the pipeline, we are poised to redefine hospitality and real estate in this thriving market," remarked Anwar Aman, the co-founder and Co-CEO of WOW Resorts.
In addition to this, Aman said WOW Resorts was all set to pump in another substantial AED3 billion investment into the UAE in the next few months, leaving an indelible mark on the country's landscape.
"We are ready to captivate and inspire residents in the years ahead, offering unparalleled experiences that reflect our unwavering dedication to excellence and commitment to the UAE," he added.
Bhupender ‘Bruce’ Patel, the Co-Founder & Co-CEO of WOW Resorts, said: "We believe that the UAE has a discerning clientele with a taste for uncompromising luxury, and Ras Al Khaimah provides the perfect canvas for this vision. The breathtaking landscapes and thriving community of Al Marjan Island come together seamlessly with our commitment to delivering world-class living experiences."
"Our collaboration with Marriott International sets the stage for a development that will live up to its promise and redefine residential living standards, offering a truly unique and immersive experience for residents," he added.
Marjan CEO Architect Abdulla Al Abdouli said: "The premium residential offering of JW Marriott and WOW Resorts is a testament to the dynamic evolution and investment potential for homeowners and investors on our flagship development."
"As Ras Al Khaimah grows in stature as a thriving real estate destination, we are confident that this project will ensure excellent returns on investment and position Al Marjan Island as a reputed destination for branded residences and luxurious waterfront living," he added.-TradeArabia News Service