Partnership to bring US$ 500mn Mondrian Beachfront Residence to Al Marjan Island
ELEVATE, the visionary lifestyle real estate brand launched in the UAE by global development firm One Group and Ennismore, the fastest-growing lifestyle and leisure hospitality company, have signed an agreement to introduce the region’s first-ever beachfront Mondrian residences in the UAE.
The landmark US$ 500mn project will be situated on Ras Al Khaimah’s rapidly growing Al Marjan Island, marking a pivotal moment in the evolution of branded living experiences on the island and in the region. The grand opening is anticipated to be in Q4-2028.
The signing took place between Zeeshan Shah, Founder & Chairman, ELEVATE, and Louis Abboud, Regional Head of Lifestyle Collective, IMEAT, Ennismore, in the presence of Arch. Abdulla Al Abdouli, CEO, Marjan.
Global expansion
“We are proud to welcome Mondrian Beach Residences to Al Marjan Island, which is slated to mark a global expansion for the hospitality giant, showcasing the draw and relevance of Marjan today,” stated Al Abdouli.
With this landmark project, ELEVATE reaffirms its long-term commitment to the UAE, supported by a US$ 1bn development pipeline scheduled for the next 12 months.
“Renowned for being at the forefront of lifestyle, art and culture, Mondrian developments are icons in every city they’re in whether it’s Los Angeles, Cannes or Ibiza and this will undoubtedly be the icon of Marjan Island,” stressed Shah.
Signature energy
“Mondrian is a symbol of creative expression, and Al Marjan Island provides the perfect canvas. This development will bring our signature energy to a thriving new destination and redefine what modern beachfront living can feel like,” asserted Abboud.
To ensure every detail of the project reflects its exceptional vision, a world-class team of consultants has been carefully curated. Leading the architectural narrative is San Francisco-headquartered Gensler, the world’s largest architecture and design firm, bringing global expertise and innovative design-thinking to the forefront.
Complementing this is the acclaimed London-based Bergman Interiors, celebrated for their award-winning work across luxury hospitality, branded residences, and superyachts, adding a layer of bespoke sophistication to the interiors.
