Staff Report,
Dubai, UAE
Almal Real Estate Development, a Dubai-based luxury developer, has launched its flagship project, The Unexpected Al Marjan Island Hotel and The Unexpected Al Marjan Residences, on Al Marjan Island in Ras Al Khaimah. The hotel and residence development will be managed by Spanish hotel operator Palladium Hotel Group under the brand Ushuaïa Unexpected Hotels & Residences. It has already attracted over USD100 million (Dh367 million) worth of investments and is set to redefine the emirate as a hub for tourism.
The development will offer more than 422 hotel rooms and fully managed residential units that open out to views of the Arabian Gulf. The hotel and residence facilities will include a beach club, bars and restaurants, and infinity pools, all situated adjacent to the Wynn resort.
Dmytro Starovoitov, Founder, Almal Real Estate Development, said, “Our new development embodies Almal’s commitment to delivering unmatched luxury and sophistication in the realm of hospitality and entertainment. As a full-service investments and development company, we are excited to bring The Unexpected Al Marjan Island Hotel and The Unexpected Al Marjan Residencies to the UAE, unveiling a groundbreaking hospitality concept with unparalleled experiences.”
The developer has appointed Palladium Hotel Group to manage its flagship development on Al Marjan Island, consisting of two properties: The Unexpected Al Marjan Island Hotel and The Unexpected Al Marjan Residences, under the renowned brand Ushuaïa Unexpected Hotels & Residences. The Spanish hotel operator, with more than 50 years of hospitality experience, already manages more than 40 hotels in seven countries under nine brands.
Jesús Sobrino, Chief Executive Officer, Palladium Hotel Group, said, “For Palladium Hotel Group it is a great honor to have the trust of Almal Real Estate Development on this unique project, which will bring together a love brand to a destination of reference for the luxury segment as it is UAE.”
The development aligns strategically with Ras Al Khaimah’s vision for expanding its tourism offerings, complementing the emirate’s aim to establish Al Marjan Island as a premier destination for luxury hospitality and entertainment. Additionally, this project contributes significantly to the broader economic diversification strategy of the UAE, further strengthening its position in the global tourism market.
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