Karl Lagerfeld, AARK Developers Announce $1.4 Billion Ultra-Luxury Beachfront Residences on Al Marjan Island

Ras Al Khaimah, UAE: Global fashion icon Karl Lagerfeld has partnered with AARK Developers to launch a landmark $1.4 billion ultra-luxury beachfront residential project on Al Marjan Island, Ras Al Khaimah. The ambitious development will feature 663 premium sea-facing residences and aims to redefine upscale coastal living in the UAE.

Key Project Highlights

• Location: Al Marjan Island, Ras Al Khaimah
• Total Project Value: Over $1.4 billion
• Scheduled Completion: 2028
• Total Units: 663 high-end homes
• Unit Mix: 1 to 4 BHK apartments, with select units offering private pools
• Exclusive Residences:
  • 20 podium villas
  • 10 ultra-luxury sky villas/penthouses
  • 11 rare beachfront villas, each with a private pool

World-Class Amenities

The project will bring Karl Lagerfeld's signature aesthetic and luxury ethos to life through a curated suite of resort-style amenities:

• Private 1,000-foot beachfront
• Infinity pool and sky bar
• Destination beach club
• Two signature restaurants and cafés
• Wellness, leisure, and lifestyle zones integrated across the property

Strategic Vision

This is Karl Lagerfeld's second branded residential project in the Middle East, signalling the brand's deeper foray into global real estate. The project aims to set a new benchmark in designer living, blending world-class design with hospitality-grade amenities.

Located adjacent to the future Wynn Al Marjan Island resort, the residences are strategically placed to capitalise on RAK's growing status as a hub for luxury tourism and real estate destinations.

Developer Commentary

Pier Paolo Righi, CEO of Karl Lagerfeld, described the development as a "visionary expression of lifestyle and design" that embodies the brand's modern luxury philosophy.

Rahul Kumar Gupta, Chairman of AARK Developers, said the partnership represents a fusion of "purposeful architecture, elite living, and refined experiences," set against a rising destination like Ras Al Khaimah.

Market Impact

With its premium location, scale, and brand appeal, Karl Lagerfeld Residences is positioned to attract global investors, HNIs, and end-users seeking elite beachfront living. As part of the ongoing transformation of Al Marjan Island, the project contributes to Ras Al Khaimah's broader strategy to position itself as the UAE's next luxury residential and tourism capital.

Similar to other landmark luxury property developments in the UAE, this project demonstrates the growing appeal of branded residences. Investors interested in investing in UAE's luxury real estate market should note that such high-end developments typically attract strong demand from international buyers.

A formal launch event is planned for early 2026 in Dubai, with pre-sales expected to generate strong interest from across the region and international markets. For those considering off-plan property investments in the UAE, this presents a unique opportunity to secure units in a prestigious branded development.