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    Marjan Island launches new waterfront luxury residences worth Dh3 billion

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          Home UAE Dubai

          Marjan Island launches new waterfront luxury residences worth Dh3 billion

          November 11, 2025
          in Dubai, UAE
          Reading Time: 2 mins read
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          Marjan Island launches new waterfront luxury residences worth Dh3 billion
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          Dubai: The hospitality group’s first venture into the northern emirate’s real estate market, Abu Dhabi National Hotels (ADNH), has launched a Dh3 billion luxury residential complex on Ras Al Khaimah’s Al Marjan Island.

          Starting at Dh3.44 million, the Residences at Nasim Al Bahr will provide villas, townhouses, flats, and penthouses under Marriott International’s esteemed Luxury Collection brand.

          The Abu Dhabi government owns a portion of ADNH, a comprehensive hotel, tourism, transportation, and catering company.

          Beyond Abu Dhabi

          For ADNH, which has run hotels in Abu Dhabi and Dubai for almost 50 years but has never dabbled in residential construction in Ras Al Khaimah, the project is a major turning point.

          “The launch of The Residences at Nasim Al Bahr represents a significant milestone in ADNH’s growth strategy and our commitment to delivering exceptional hospitality experiences beyond traditional hotel operations,” said Sheikh Ahmed Mohammed Sultan Suroor Aldhahiri, vice chairman and managing director of Abu Dhabi National Hotels.

          “Al Marjan Island is one of the UAE’s most dynamic destinations, and we are proud to bring five decades of our reputation for excellence to this vibrant market landscape.”

          Marriott partnership sweetens the deal

          Residents can take use of exclusive privileges including Marriott Bonvoy Platinum Elite membership, preferred prices at Marriott hotels across the globe, and individualized concierge services thanks to the partnership with Marriott International.

          “With a compelling narrative and impeccable service for owners, and a spectacular setting on Al Marjan Island, Nasim Al Bahr is an exceptionally designed addition to our portfolio,” said Jaidev Menezes, regional vice president of mixed-use development at Marriott International.

          Flexible payment plan

          The development’s competitive 40:60 payment plan is a major draw for buyers, according to One Broker Group, the project’s exclusive sales partner.

          “Not only does it combine premium waterfront positioning with the internationally recognised brand and hospitality of Marriott International, it also offers a compelling price point with an unmatched 40:60 payment plan,” said Umar Bin Farooq, founder of One Broker Group.

          Riding the branded residences boom

          According to CBRE research, average prices in Ras Al Khaimah’s branded housing sector increased 39% year over year in the first quarter of 2025, marking an unprecedented period of growth.

          By 2030, it is anticipated that these high-end properties would account for 25% of future supply.

          World-class amenities including resort pools, spas, indoor padel courts, and landmark dining establishments are all part of the development. The fourth quarter of 2027 is when the handover is planned.

          Tags: DubaiMarjan IslandReal EstateUAEWaterfront Luxury Residences

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