Partnership Announcement, Al Marjan Island, Ras Al Khaimah
The First Sheraton Branded Residences in the GCC, With Marriott International
Atara Development and Marriott International have come together to bring the first Sheraton branded residences in the GCC to Al Marjan Island, Ras Al Khaimah. The agreement was signed in the presence of dignitaries from Marjan, the island's master developer, and Marriott, marking our expansion from boutique island villas into branded residences at full hospitality scale.
Sheraton Residences Al Marjan Island, co-located with the Sheraton Al Marjan Island Resort.
What Was Signed
The partnership delivers Sheraton Residences Al Marjan Island, one of a limited number of Sheraton-branded residences anywhere in the world, and the first of its kind in the GCC. The project brings 168 branded residences in one-bedroom and two-bedroom configurations, priced from AED 2.2M on a 30/70 construction-linked payment plan, with handover scheduled for Q3 2028. We develop and sell the residences directly; the Sheraton standards, service covenant, and global brand name stand behind them.
Construction is no longer a promise on paper. Ground was broken publicly on the island, recorded in our groundbreaking announcement.
The Island's Master Developer, on the Record
We are delighted to welcome ATARA Development and The Residences at Sheraton Al Marjan Island Resort to our vibrant community. Located on the prime shores of Al Marjan Island, this project reflects the caliber of world-class developments we envision for our destination. By combining ATARA's expertise in luxury residences with Sheraton's legacy of hospitality excellence, it offers a distinctive proposition for both residents and investors, further strengthening Al Marjan Island's position as the region's premier coastal lifestyle hub. We look forward to seeing this landmark project come to life.
Arch. Abdullah Al Abdouli, CEO of MarjanThe island has earned that attention. Advertised apartment values in Ras Al Khaimah rose by up to 30.4 percent in 2025 per Bayut's annual report, a shift we broke down in our Ras Al Khaimah market read, and the community fundamentals sit on our Al Marjan Island page.
What Each Side Brings
From our side: a rule held since 2017, build only where land meets water, one project at a time, sold by our own team. Seven completed projects stand behind it, with AED 110 million in Pearl Jumeirah villa sales in H1 2026 alone, documented in our press summary. Ten further residences now stand in construction across Dubai's most sought-after communities. From Marriott International: the hospitality platform behind one of travel's most recognized names, and the service covenant that makes a residence branded rather than merely named.
The Residences at Sheraton Al Marjan Island Resort mark a strategic milestone in our global residential portfolio. As the first Sheraton residences in the GCC, this development will champion the brand's rich history of service and legacy of fostering connections. We are delighted to collaborate with ATARA Development to bring this vision to life and deliver the Sheraton experience that reflects a sense of belonging, accomplishment, and fulfillment for the residents.
Sandeep Walia, Chief Operating Officer, Middle East and Luxury, Europe, Middle East, and Africa, Marriott InternationalFor ATARA, this flagship project marks a defining moment as we establish our identity in the UAE's real estate market, one that goes far beyond bricks and mortar. It paves the way for a future built on prime, strategic locations and premium luxury, distinguishing us in a competitive landscape. More than just our first development, it represents a new chapter where we craft complete lifestyle ecosystems, not just homes.
Umid Bazarov, Chief Operating Officer, Atara DevelopmentWhat It Means for Buyers
A branded residence takes the trust question out of the brochure and puts it into an operating covenant: Sheraton service standards, in-residence hospitality, and a name that answers before you ask. Behind that sits the part buyers rarely see clearly, pricing structured by the developer itself. Every residence is sold by us, with no agents and no commissions, on a payment plan that ties our income to certified construction progress. Availability and the current release sit on the project's page and in our off-plan collection; conversations start at the contact desk.
Legal disclaimer: The Residences at Sheraton Al Marjan Island Resort are not owned, developed or sold by Marriott International, Inc. or its affiliates ("Marriott"). Atara Real Estate Development LLC OPC uses the Sheraton marks under a license from Marriott, which has not confirmed the accuracy of any of the statements or representations made herein. Project details, pricing, and availability are maintained on the project page.
