Ras Al Khaimah’s master developer of freehold properties, Marjan is welcoming its first Missoni-branded residences.
DURAR, one of UAE’s top luxury real estate developers, will develop the bespoke living spaces on Al Marjan Island.
They will collaborate with a UAE company named Fortune 5, which specializes in real estate developments, investments and sales.
The residences in the Northern Emirate have taken their inspiration from the design aesthetics of the well-known Italian luxury fashion brand.
The iconic brand is renowned for its attention-grabbing decorative vision, which combines unusual shapes with bold graphics and colors.
The brand will provide a blend of refined living on Al Marjan Island, taking advantage of its beautiful waterfront setting.
Marjan’s CEO, Arch. Abdulla Al Abdouli, said that the residences will be the latest addition to their portfolio on Al Marjan Islands, which comprises of some high-value developments.
He said that these developments have established new standards of luxury and the debut of the Missoni-branded residences in Ras Al Khaimah will do the same.
The CEO said that it would be a great opportunity for investors and aspiring homeowners and highlights the strong appeal of the premium lifestyle location of their flagship development.
He also said that they were looking forward to collaborate with Fortune 5 and DURAR for providing visitors and families with outstanding living experiences.
The Italian brand
Missoni, the luxury Italian fashion house, will use its iconic psychedelic pattern for designing the interiors of the waterfront property, which is scheduled for completion by the end of 2026.
The chief executive of Missoni, Livio Proli, said that they were pleased to work on its interior design project with Fortune 5 and DURAR on Al Marjan Island.
The CEO said that the real estate sector of Ras Al Khaimah has continued to record growth and they were excited to be part of the development.
The entry of the Italian brand is a major milestone in the evolution of Al Marjan Island as a high-end leisure and residential destination.
OCTA Develop, a renowned development management company, will handle the sales and marketing of the Italian brand’s residences on Al Marjan Island.
DURAR Group’s Chairman, Ibrahim Al Habib, said that this was the second branded property that the developer was working on in Al Marjan Island.
He added that they were looking forward to provide their region’s clients with the elegance and iconic design of the Italian brand.
The chairman asserted that the demand in the real estate sector of Ras Al Khaimah was strong and the launch of the Missoni-branded residences would attract more residents and investors.
Fortune 5’s CEO, Prem Mohandas Gopalani, said that they key to the company’s success was their commitment to excellence and they were glad to be associated with a brand like Missoni.
He said that the residences were their debut in Ras Al Khaimah and they would develop more properties in the emirate, which has become one of the fastest-growing tourism and investment destination in the UAE.