Following its strategic collaboration agreement with Marriott International, ATARA Development has officially launched The Residences at Sheraton Al Marjan Island Resort. The development represents the GCC’s first Sheraton-branded residences, featuring 159 branded apartments scheduled for completion in Q3 2028.

Located on Al Marjan Island, the project blends a refined island lifestyle with exclusive hotel privileges. Positioned near the UAE’s first integrated resort, it places residents at the center of a premier entertainment hub. With sales now officially open, prices for these exclusive waterfront residences start from AED 2.4 Million.

Arch. Abdullah Al Abdouli, Group CEO of Marjan, said, “The launch of The Residences at Sheraton Al Marjan Island Resort represents another significant milestone for Al Marjan Island’s evolution as a premier coastal destination. Developments of this calibre reinforce Ras Al Khaimah’s growing global appeal and demonstrate how branded residential concepts are shaping the future of waterfront living. By bringing together ATARA’s development expertise and Sheraton’s hospitality legacy, this project offers a compelling proposition for residents.

The Residences introduce an elevated waterfront lifestyle, thoughtfully designed to combine resort-style leisure, holistic wellness, and curated social experiences in a vibrant community. Residents enjoy direct access to a private beach and a variety of pools, including a signature rooftop infinity pool, alongside a wellness hub featuring a 9,000 sq. ft. gym, yoga studios, and a spa. Social experiences are centered around a sky kitchen, rooftop lounge, and a 7,000 sq. ft. nightclub, providing vibrant entertainment while preserving residential tranquility. Family-friendly amenities, including indoor and outdoor kids’ play areas, a gaming zone, and an outdoor cinema, complete the offering, supporting modern multi-generational living while reflecting Sheraton’s commitment to comfort, hospitality, and welcoming spaces for all.

Beyond the residence itself, ownership is elevated through ONVIA, Marriott International’s owner recognition platform, which provides  exclusive global privileges that take effect  immediately upon purchase. Homeowners enjoy instant access to Marriott Bonvoy membership, curated experiences aboard  The Ritz-Carlton Yacht Collection, up to 20% off resort dining, and best-in-class concierge services, delivering  seamless travel, tailored experiences, and effortless lifestyle management from day one.

Umid Bazarov, Chief Operating Officer of ATARA Development, added, “With the launch of The Residences at Sheraton Al Marjan Island Resort, we are introducing more than a residential project, we are delivering a complete lifestyle ecosystem. Every element, from design and amenities to services and location, has been curated to reflect what today’s discerning buyers expect from branded living. This project is a defining step in ATARA’s journey, strengthening our presence in Ras Al Khaimah while setting new standards for resort-style residences in the region.”

Backed by ATARA’s in-house construction and development expertise, the residences ensure meticulous execution across architecture, interiors, and operational excellence, while benefiting from Sheraton’s globally recognised hospitality DNA.

Jaidev Menezes, Regional Vice President, Mixed-Use Development, EMEA atMarriott International, commented, “The Residences at Sheraton Al Marjan Island Resort brings the Sheraton brand’s rich heritage of service, connection, and comfort into a residential format tailored for modern living. As demand for branded residences continues to grow, this launch reflects our commitment to creating spaces where owners experience a sense of belonging and elevated lifestyle every day. We are pleased to collaborate with ATARA Development to bring this vision to life in one of the UAE’s most promising destinations.”

The launch further reinforces Ras Al Khaimah’s position as a high-growth investment and lifestyle destination, as Al Marjan Island continues to attract globally recognised brands and landmark developments.

Deyaar Development PJSC (Deyaar), a leading real estate developer and service provider in Dubai, today announced its financial results for the full year ending December 31st, 2025, demonstrating the company’s ability to sustain strong momentum and deliver on its strategic vision.

Building on the success of 2024, Deyaar, profit before tax rose 26% to AED 637.9 million from AED 505.4 million, while total revenue increased 30% to AED 1,972.1 million, compared with AED 1,512.8 million in 2024.

The company’s development pipeline remains strong at approximately AED 7 billion, supporting future revenue generation and the delivery of high-quality projects. Deyaar’s balance sheet also remains strong, with total assets increasing 17% to AED 8,027.6 million, reflecting ongoing strategic investments and asset quality enhancement.

Commenting on the results, Mr. Abdulla Ali Obaid Al Hamli, Chairman of the Deyaar Board of Directors, said: “The year has been defined by strong fundamentals across the UAE’s real estate sector, supported by long-term national strategies that continue to shape one of the world’s most resilient markets. Independent market reports highlight sustained demand, rising population growth, and exceptional liquidity across both off-plan and ready segments; clear indicators of an ecosystem built on confidence, transparency, and strategic urban planning. This environment has enabled developers like Deyaar to accelerate their ambitions and contribute meaningfully to the nation’s evolving real estate landscape. As Deyaar advances its portfolio of residential communities and landmark developments, the focus remains on disciplined growth, quality delivery, and long-term value creation.”

Based on the strong financial performance of the company, the Board of Directors has proposed a 5% dividend which will be submitted for approval at the upcoming General Assembly.

Commenting on the results, Saeed Mohammed Al Qatami, CEO of Deyaar, said: “Our consistently strong financial performance has reinforced Deyaar’s confidence in the UAE’s long-term vision, with strategic national initiatives such as Dubai’s D33 and the Dubai 2040 Urban Master Plan driving population growth, infrastructure expansion, and sustained housing demand. The achievement of AED 917 billion in Dubai’s real estate transactions in 2025, marking the strongest performance to date, is a powerful testament to the Emirate’s unwavering commitment to excellence. Against this national backdrop, Deyaar is executing with discipline and ambition through landmark projects such as Downtown Residences, alongside the continued development of community projects, confident in the supportive macro environment highlighted by recent market outlooks. These factors strengthen our determination to deliver communities that meet evolving customer expectations and advance the UAE’s ambition for globally competitive, future-ready cities.”

He added: “Looking ahead, Deyaar is set to leverage a strengthened leadership team and a clear strategy to drive growth in 2026. The company is focused on delivering outstanding lifestyles and experiences that both investors and residents expect. With a robust backlog and a diverse portfolio, Deyaar aims to create not just buildings but vibrant communities where individuals can thrive and connect.”

Significant Milestones & Remarkable Developments

With a focus on long-term growth, Deyaar is advancing its vision by delivering landmark communities across key UAE markets.

Downtown Residences, one of the UAE’s tallest vertical residential communities, was launched in June 2025, marking Deyaar’s well-timed entry into the high-rise, ultra‑luxury residential segment. Soaring to a height of 445 meters across more than 110 floors, it is the company’s tallest and most ambitious project to date and is set to become a new architectural icon in the heart of Dubai.

Following the successful launch of the Park Five community at Dubai Production City in 2024, Deyaar continued the momentum with the launch of its final phase in September 2025, with project completion targeted for December 2027.

The 2025 also marked with company making its debut in Umm Al Quwain with AYA Beachfront Residences, a luxury and wellness‑focused residential development. The project was recognised among the Top 100 Luxury Residences of the World. The beachfront project redefines coastal living blending modern architecture, nature‑driven planning, and resort‑style amenities, all while prioritizing sustainability and wellness.

Together, these milestones demonstrate Deyaar’s commitment to shaping iconic communities, advancing its strategic growth across key UAE markets, and fostering transparent engagement with investors and stakeholders.

Reinforcing Our Commitment to Sustainable Practices

Deyaar is setting a new standard in sustainable urban living, evident in its latest projects that blend wellness and environmental stewardship. The Downtown Residences, featuring air yoga zones and meditation pods, redefines vertical living with a focus on resident health. In Umm Al-Quwain, Aya Beachfront Residences boasts biodiversity-sensitive landscaping that protects local habitats while enhancing coastal aesthetics.

Park Five in Dubai Production City enhances pedestrian mobility, aligning Dubai’s sustainability goals while promoting balanced lifestyles through landscape courtyards and wellness-focused amenities.

In 2025, Deyaar’s commitment to workforce welfare is particularly noteworthy, reflecting a significant increase in project activity. Average daily manpower on site increased from 2,648 to 4,579, representing a remarkable 73% growth compared to last year, all achieved without a Lost Time Injury. Through these efforts, Deyaar is not only shaping the future of real estate but also creating vibrant, sustainable communities for years to come.

Commitment to Sustainable Growth

Deyaar remains firmly committed to sustainable growth and sector leadership as it closes 2025. During the second half of the year, the company prepared for the handover of multiple major projects reinforcing liquidity generation and operational discipline.

Leading sustainability and wellbeing lifestyle developer Fakhruddin Properties has announced the launch of Treppan Living Privé, an exclusive collection of luxury branded residences on Dubai Islands, designed around vitality, longevity, and future-focused living.

Treppan Living Privé is the developer’s third residential launch on Dubai Islands, following the successful delivery of Treppan Living Hatimi and Treppan Living Serenique, further reinforcing Fakhruddin Properties’ position as one of the principal landowners and most active lifestyle developers within the islands masterplan.

Comprising just 65 fully furnished, low-density residences, Treppan Living Privé has been intentionally designed to preserve privacy, calm, and long-term wellbeing. The limited collection includes one-bedroom Privé Executive Suites with a generous footprint starting at 1,028 square feet; two-bedroom Privé Family Suites from 1,617 square feet; and a duo of four-bedroom Privé Signature Penthouses offering an exceptional 3,592-plus square feet of living and entertaining space.

Located just minutes’ walk from the shoreline, all residences enjoy a combination of sea, beach and golf course views, located within a tranquil beachside setting and supported by an  intelligent living environment designed to support better sleep, cleaner air, ease of movement, and optimised comfort.

Treppan Living Privé is also the first project introduced following Treppan Living’s recent unveiling of Bollywood actor, producer and entrepreneur John Abraham as the brand’s Wellness Ambassador; whose personal philosophy of discipline, balance, and longevity aligns closely with the wellness-led ethos underpinning the development.

Setting a new benchmark for holistic residential wellness, Treppan Living Privé features a comprehensive suite of biohacking therapies integrated directly into the residential experience. These include red light therapy, cryotherapy, floatation therapy, and a hyperbaric oxygen chamber, alongside hot and cold plunge pools, steam and sauna facilities, and dedicated recovery spaces. Together, these clinically supported therapies are designed to enhance energy levels, improve sleep quality, accelerate recovery, and promote long-term vitality as part of everyday living.

Commenting on the launch, Yousuf Fakhruddin, CEO and Managing Partner of Fakhruddin Properties, said: “Treppan Living Privé represents the next evolution of our wellness-driven residential vision on Dubai Islands. This is a deliberately limited, high-privacy community where vitality is supported daily and longevity is considered by design. From advanced recovery therapies and intelligent home systems to curated lifestyle and social spaces, every element has been thoughtfully integrated to support balance, comfort, and quality of life over time.”

Homes at Treppan Living Privé are supported by intelligent systems that quietly manage indoor comfort, air quality, and energy efficiency. Residents benefit from NASA-grade air purification technology, cleaner indoor air, and pure mineralised hydrogenated drinking water available directly within the home, which significantly reduces reliance on plastic bottled water. Intelligent robot delivery systems further enhance convenience, reinforcing the seamless, future-ready living experience.

A carefully curated lifestyle podium anchors the community, featuring The Azure, a water-led destination for movement and restoration with an aqua gym and endless pool, and The Social Pavilion, which includes a stylish clubhouse, working pods, misting majlis, and the signature Greenhouse Café. The Wellness Centre provides indoor and outdoor gyms, yoga and fitness studios, massage rooms, and access to personal training, health, and nutrition consultations, supported by a structured calendar of wellness programming and in-home services.

Family-focused amenities include the Explorer Garden and Kids’ Zone, offering a children’s pool, zip lines, adventure wall, play areas, and sand pit playground, while the rooftop level is designed for relaxation and social connection, with an infinity pool, water loungers, open-air showers, sunbeds, and panoramic roof deck.

Residents of Treppan Living Privé also enjoy a fully serviced living experience, with professional concierge services, valet-style parking, on-site bellboy support, resident housekeeping, Rolls-Royce chauffeur drive services, private motorboat excursions and inter-island transfers, as well as child and pet care assistance. Complimentary coffee for residents and guests further enhances the hospitality-led lifestyle offering.