Project earmarked is the KARL LAGERFELD Beach Residences in Al Marjan Island
One Broker Group (OBG), the UAE’s leading master brokerage and exclusive sales partner, has officially been appointed as the Exclusive Sales Partner in the UAE for AARK Developers’ latest landmark residential project on Ras Al Khaimah’s Al Marjan Island, branded by the globally renowned KARL LAGERFELD fashion house.
The signing ceremony marks a significant milestone for all three parties and reinforces Al Marjan Island’s growing position as a global destination for branded, lifestyle driven real estate investments.
Expressions of Interest are now open, with strong anticipated demand from regional and international buyers seeking design-led residences, lifestyle differentiation, and long-term value in one of the UAE’s fastest growing waterfront destinations.
Fashion-house branded development
While Al Marjan Island has previously welcomed branded residential developments, this project distinguishes itself as the first fully managed fashion-house-branded residence on the island, the project sets a new benchmark for professionally managed, design-led living, combining architectural integrity, operational excellence, and long-term investment value.
Strategically positioned with views toward the upcoming Wynn Resort, the development valued at over US$ 1.4bn, offers direct beach access, close proximity to the resort, and more than 50 lifestyle amenities.
“This project represents an important evolution of KARL LAGERFELD’s residential portfolio in the region,” stated Pier Paolo Righi, CEO, KARL LAGERFELD. “It reflects our commitment to translating Karl’s visionary design language into a breathtaking large-scale residential experience,” he continued.
Sales partner
“Appointing One Broker Group as our exclusive sales partner ensures the project is positioned and executed with the level of market expertise and international reach this development deserves,” noted Rahul Kumar Gupta, Chairman, AARK Developers.
“The KARL LAGERFELD brings global credibility and lifestyle appeal, and together with Al Marjan Island’s evolution and proximity to Wynn Resort, this represents a highly compelling investment opportunity for both end-users and investors,” commented Umar Bin Farooq, Founder & CEO, One Broker Group.
