Landmark transaction reflects growing demand for lifestyle-driven beachfront living in Ras Al Khaimah
The transaction was made by THRIVESTATE Square Real Estate, reflecting growing investor confidence in Ras Al Khaimah’s evolving luxury residential landscape and the increasing global appetite for design-led waterfront living experiences in the emirate.
The deal underscores sustained momentum within Al Marjan Island, where demand continues to accelerate for premium beachfront residences that combine lifestyle, design, hospitality, and long-term value.
Exceptional community
“The market response has been nothing short of phenomenal, and we are honored to have built this momentum alongside an exceptional community of broker partners and buyers who share our vision,” asserted Zeeshaan Shah, Founder & CEO, ELEVATE.
Reflecting the project’s strong market momentum, ELEVATE recently hosted an exclusive gathering for leading UAE brokers at Delano Dubai, celebrating the broker community whose support and market conviction have contributed to the project’s continued success.
Beachfront living
“The project captures the essence of modern beachfront living by combining design excellence with a compelling cultural and hospitality offering,” added Lior Poly, CEO, THRIVESTATE Square Real Estate.
Mondrian Al Marjan Island Beach Residences has emerged as one of the standout developments within this evolving market. Following its Q4-2025 launch, residences were reserved within hours, highlighting strong demand from both regional and international buyers seeking a more experience-led approach to luxury living, a press statement concluded.
