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Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE, valued at AED 400 Million

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Clédor

In a significant move set to bring Manhattan’s creative legacy to the Middle East, Clédor has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand’s first residences outside of the USA.

With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+ investor returns and average unit prices exceeding AED 14 million.

The signing ceremony took place today, at the elegant Amelia Lounge in Downtown Dubai, in the presence of Omar Gull, Founder & Chairman of Clédor, Karim El Aqabi, from Arthouse, Arch. Abdulla Al Abdouli, CEO, Marjan and Islam El Dafrawy,  Co-founder, Prospect.

“Today’s signing marks the beginning of a powerful collaboration rooted in excellence, heritage, and innovation. We are very excited to partner with Arthouse Hotel, NYC, to bring a legacy of refined and artistic living into the heart of the UAE’s most dynamic communities – Al Marjan Island. With Arthouse, we’re introducing a new style of luxury, one that brings a creative, cultural dimension to Ras Al Khaimah.

“Al Marjan Island is already a powerhouse for leisure and entertainment, drawing visitors and investors from all over the world. Through this partnership with Arthouse, we hope to add a new layer to the island’s story, a place where art and culture live side by side with lifestyle and hospitality. We are truly grateful to Arthouse NYC, and Marjan leadership and our strategic partner Prospect for believing in our vision. Together our partnership will continue to add to the UAE’s every-growing and vibrant real estate landscape,” said Omar Gull, Founder & Chairman of Clédor.

The collaboration brings together Clédor’s robust development expertise with the refined hospitality legacy of Arthouse NYC to introduce a new standard of living through branded residences on Al Marjan Island, Ras Al Khaimah and Meydan, Dubai. The residences will reflect the same elevated design, service, and lifestyle experience that have defined Arthouse’s presence on New York’s Upper West Side for over 100 years.

“I am excited to announce this new chapter for Arthouse and we are honoured to partner with Clédor, who have a deep understanding of the UAE market and clientele. We trust in their experience to build something special and lasting. This is the first time Arthouse is stepping outside the United States of America and together we hope to build a timeless legacy. We chose the UAE, and especially Al Marjan Island, because of the robust growth of real estate, vision of the leadership, and ambition and forward-thinking outlook of the region. This is the beginning of more projects to come to this region from the Arthouse brand portfolio. We would like to express our gratitude to all our stakeholders for the trust and partnership, said  Karim El Aqabi, spokesperson of Arthouse.

“The exquisite mix of fascinating nature and well-preserved history of Ras Al Khaimah has been attracting luxurious facilities and projects to the emirate, elevating our iconic island to one of the UAE’s top destinations for tourism and growth, attracting the best of investments. It is with great pleasure that we welcome Arthouse Residences to Al Marjan Island. Their presence reflects our continued commitment to developing a world-class destination defined by architectural excellence, cultural enrichment, and exceptional quality of life. We look forward to the unique character and prestige Arthouse Residences will bring to our evolving landscape and growing community,” said Arch. Abdulla Al Abdouli, CEO, Marjan.

“We are proud to partner with Clédor in bringing Arthouse NYC to the UAE — a bold and visionary undertaking that bridges global creativity with the region’s dynamic real estate landscape. This collaboration reflects our shared belief in the power of a reputed global brand, investment prospects in Al Marjan Island and innovation in our industry that can shape extraordinary spaces and enduring value. Together, we are laying the foundation for yet another new benchmark in culturally inspired development that resonates with international sensibilities and local ambitions,” added Islam El Dafrawy, Co-founder, Prospect.

This strategic alliance not only solidifies Clédor’s role in driving the UAE property market forward but also marks Arthouse’s official entry into the Middle East—bringing with it a century of curated living to a new generation of luxury homeowners.

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Bergman Design House Unveils Interiors for Mondrian Al Marjan Island Beach Residences by ELEVATE and Ennismore – A New Era of Luxury in Ras Al Khaimah

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Luxurious beachfront Mondrian hotel with modern architecture, surrounded by palm trees and clear blue water where a man is paddleboarding

Award-winning London-based interior designers Bergman Design House have revealed their completed design vision for Mondrian Al Marjan Island Beach Residences, developed by ELEVATE in partnership with global hospitality leader Ennismore. Announced last quarter, the project is now moving closer to launch with the much-anticipated unveiling of its interiors. Known for exclusive private villa and beach house designs, this marks Bergman’s first branded residence project in the region, setting a new benchmark for luxury residential and hospitality living.

Zeeshaan Shah, Founder of ELEVATE, said:“Our vision with ELEVATE has always been to craft developments that are more than addresses — they are destinations. Partnering with Ennismore and Bergman Design House on Mondrian Al Marjan Island Beach Residences allows us to deliver an experience that blends design excellence, curated living, and world-class hospitality in a way the region hasn’t seen before.”

Set against the backdrop of Al Marjan Island where the Arabian Gulf meets Ras Al Khaimah’s future gaming and leisure destination, Mondrian Al Marjan Island Beach Residences rises as a modern design icon. Part cultural gallery, part social hub, it is conceived as more than simply a residential address: instead unfolding as a curated lifestyle experience where every space is designed to inspire, connect, and endure.

Marie Soliman, Founder & Creative Director of Bergman Design House, added:
“With Mondrian Al Marjan Island Beach Residences, we wanted to create a place where every corner tells a story, where residents feel both the comfort of home and the thrill of discovery. It’s a living canvas, inspired by the sea and designed to evolve with its community.”

Drawing inspiration from the rhythms of the ocean and the dynamic energy of Ras Al Khaimah’s evolving luxury scene, Bergman Design House has blended sculptural forms, organic textures, and luminous palettes. Each detail reflects a dialogue between avant-garde artistry and timeless comfort, resulting in spaces that are both emotionally resonant and visually striking.

The development will feature more than 60,000 square feet of resident amenities, designed to position Mondrian Al Marjan Island Beach Residences as the pinnacle of experiential living in the Emirate. The lobby itself will go far beyond a point of arrival, serving as an immersive gallery with rotating exhibitions from visionary global and regional artists alongside digital installations.

Suspended high above the ocean, the Sky Lounge will deliver panoramic views, innovative mixology, and interiors crafted for both intimate conversation and grand celebration.

Residents will also enjoy 17,000 square feet of indoor-outdoor wellness space, including championship-level training zones, a yoga and Pilates studio, treatment rooms, a sky padel tennis court, and a recovery suite with sauna and ice bath — embedding wellness into daily life.

Mondrian’s iconic pool scene will also make its mark on Al Marjan Island. Perched over 200 feet above sea level, the adults-only Infinity Sky Pool will redefine Ras Al Khaimah’s skyline, with sleek finishes and uninterrupted Gulf views transforming each sunset into a spectacle.

The beachfront will function as a lifestyle destination of its own, featuring art-adorned pools, private cabanas, immersive installations, and an award-winning beach restaurant soon to be unveiled. Every detail is designed to turn a day by the water into a sequence of unforgettable memories.

The Mondrian  Al Marjan Island Beach Residences will offer a range of residences, with penthouses as the crown jewel, complete with wraparound glass walls, bespoke marble finishes, private terraces, and spa-like bathrooms. Apartments will feature smart layouts, uninterrupted sea views, and coastal-meets-cosmopolitan palettes, enhanced by sculptural lighting that transforms each home into a personal art piece.

Conceptualised for discerning investors, collectors of experiences, and global citizens, Mondrian Al Marjan Island Beach Residences represents the convergence of hospitality, artistry, and residential intimacy. It will stand as not just a development, but a cultural landmark for Ras Al Khaimah. It belongs to the Mondrian Hotels & Residences portfolio, part of Ennismore, a creative hospitality company with a global collective of entrepreneurial and founder-built brands with culture and community at their heart. With ELEVATE’s vision, Ennismore’s hospitality expertise, and Bergman Design House’s design mastery, the Mondrian Al Marjan Island Beach Residences is set to become a cultural stage, a social hub, and a sanctuary of design excellence — framed by the infinite horizon of the Arabian Gulf.

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INTRODUCING DUBAI’S FIRST CORINTHIA RESIDENCES

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Two executives in traditional Emirati dress shaking hands at Driven Properties and Dubai General Properties Corinthia Dubai agreement ceremony with floral arrangements.

Driven | Forbes Global Properties has been appointed as the exclusive sales partner for the residences at Corinthia Dubai, including both branded and non-branded residences. Developed by Dubai General Properties, the twin towers on Sheikh Zayed Road will also feature Dubai’s first Corinthia five-star, ultra-luxury hotel.

“This project stands out for its clarity of vision: an iconic address that pairs a five-star hospitality experience with a versatile residential offering. It’s the kind of development that creates long-term value for residents and investors alike,” said Abdullah Alajaji, Founder and CEO of Driven | Forbes Global Properties. “Our team is honored to be leading sales on such a unique, city-shaping project.”

“By bringing Corinthia Branded Residences together with premium non-branded options in one destination, we’re giving buyers genuine choice without compromising on quality,” said Jassim Al Ali, Managing Director of Dubai General Properties. “Our ambition extends beyond merely constructing skyscrapers; we aim to create developments that capture the global imagination and forge a lasting legacy in urban design,” he added.

“We’re pleased to present this historic project to the world’s most discerning buyers and to continue curating best-in-class residences for our clients,” said Hadi Hamra, Managing Partner at Driven | Forbes Global Properties.

An Architectural Statement

Designed by AtkinsRéalis, the project is set to rank among the tallest buildings in the world, rising over 500 metres with a distinct silhouette of two towers connected by a dramatic, cantilevered sky lobby suspended halfway above ground. Rising with grace above the city’s skyline, the skyscrapers are Art Deco inspired, paying modern homage to timeless elegance. “These towers reflect timeless perfection, standing as an icon on SZR. They epitomize the essence of urban luxury and a modern oasis in the sky. Their crafted geometry scales the sky while gently stepping back, unveiling one-of-a-kind residences with unparalleled vistas of Dubai’s skyline and the Arabian Gulf,” said Timothy Winstanley, AIA, RIBA, Design Director and Lead Architect of the project.

The residences offer generous, open layouts designed to capture uninterrupted sea and skyline views. Selected residences will feature private pools, gyms, and large indoor-outdoor entertainment areas, while residents can enjoy privileged access to Corinthia Wellness and hotel amenities, supported by the brand’s iconic service standards.

The interior concept, “Stillness in the Sky,” draws inspiration from a garden in full bloom: soft, tactile materials, champagne-metal finishes, floral silhouettes, and natural light create serene, sensory spaces that elevate daily rituals into moments of quiet luxury.

A Vision Realised by 2030

Spanning 330,000 square metres and scheduled for completion by 2030, Corinthia Dubai will deliver a multifaceted lifestyle that combines state-of-the-art architecture, exceptional hospitality, and modern comfort. Supported by Driven | Forbes Global Properties, the project will stand as a landmark that sets global benchmarks for luxury living in the heart of Dubai.

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WHY DEVELOPERS SHOULD ADOPT AN INVESTOR MINDSET IN EVOLVING REAL ESTATE MARKET

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Professional portrait of Francis Alfred, Managing Director of Sobha Realty, wearing traditional white kandura and ghutra in formal business setting

By Eng. Amer Khansaheb, Chief Executive Officer and Board Member of Union Properties PJSC

In today’s buoyant UAE Real Estate landscape, conventional metrics like unit sales volumes are becoming obsolete. Instead, genuine success increasingly lies in value measured through long-term rental income, growth, asset quality, and capital appreciation. Developers who adopt an investor-led mindset, prioritising yield, durability, and premium standards, are effectively shaping the future of the sector in the UAE.

From Selling Today to Earning Tomorrow

To achieve this shift, developers must transcend the traditional focus on one-time sales. Developers must embrace business models that generate sustainable rental income, ensuring a predictable stream of cash flow even during market fluctuations. Future-focused project planning must integrate rental viability, anchoring developments in steady long-term returns rather than immediate, speculative gains. This investor-first approach positions developers for long-term growth.

Rental Market Momentum: Major Growth Engine

The UAE’s residential leases market is projected to reach USD 27.98 billion in 2025 and USD 33.10 billion by 2029 at a compound annual growth rate (CAGR) of 4.3 per cent. Developers who prioritise rental-ready, high-quality units will be best placed to capture this expanding market, appealing both to residents seeking premium housing and to investors seeking reliable returns. This demonstrates the enormous potential that rental-centric development strategies hold.

Supply Growth and Still Solid Returns

Despite expectations of 180,000 new residential units by 2026, rental yields remain strong at 7.4 per cent. This reveals persistent demand, indicating prime opportunities for value-added investments. Developers can capitalise this by offering thoughtfully designed projects with integrated amenities and sustainability features on strategic locations, elements that elevate rental income and investor appeal.

Attracting Global Capital through Investment-First Mindset

The UAE’s progressive policies such as long-term visas, free zones for Real Estate, and investor-friendly reforms, continue to magnetise international and institutional capital. By adopting an investor-first mindset, developers can meet this evolving demand by offering investment-grade opportunities and high-quality, income-generating assets that appeal to discerning global investors.

Differentiating Through Quality

To differentiate in this present market increasingly defined by long-term value rather than rapid turnover, excellence in design, exceptional finishes and long-term value are keys. Developers who invest in durability, sustainability, and strategic positioning, beyond sheer scale, will attract tenant loyalty and investor confidence. This differentiation fosters both brand equity and financial resilience.

Aligning with Future: Investor Mindset as Strategy

As the UAE Real Estate landscape evolves, we can safely state that those developers that think like investors will certainly emerge as leaders. By aligning projects with long-term income generation, adhering to global investment standards, and offering quality-driven, sustainable developments, they lay the groundwork for enduring success.

This dynamic Real Estate environment is not merely a passing trend but a blueprint for sustainable, value-based growth in the UAE market. Developers who embrace this investor-led vision, integrating rental yield, design excellence, and global standards, will not only thrive but also redefine the future of the sector.

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