According to early rumors, Innovate Living, a developer based in Dubai, is getting ready to showcase a small number of extremely expensive Sky Villas on Al Marjan Island in Ras Al Khaimah, with prices as high as $100 million. The richest consumers in the world are becoming more and more interested in the location.
According to early indications, the homes will be situated right on a private beachfront with expansive views of the sea, offering a unique opportunity for anyone looking for scale, privacy, and long-term asset value.
Ras Al Khaimah has entered a critical stage as international investors, major entertainment companies, and worldwide hotel brands enter the market, transforming the coastline into one of the most sought-after real estate locations in the United Arab Emirates. Despite this momentum, no developer has ever produced a home offering tailored to billionaire purchasers, a market sector that operates outside of the typical high-net-worth demand.
Innovate Living and the ultra-luxury residential hospitality company Omoria seem to see a big opportunity in that gap. According to industry insiders, Ras Al Khaimah is poised to develop into a coastal community characterized by wealth concentration, remoteness, and extremely selective real estate assets, akin to Europe’s most upscale Riviera districts. Similar ultra-prime projects on Palm Jumeirah and other areas were previously found and completed by Innovate Living.
Sources anticipate a highly regulated and covert launch procedure with ownership options restricted to a very narrow pool of pre-qualified customers, in line with the market sector the project seems to be pursuing, even though official details have not yet been made public.