ATARA Development has begun construction on The Residences at Sheraton Al Marjan Island Resort, marking the first Sheraton Residences project in the GCC region.
The developer has completed 5 per cent of the overall construction work, with enabling works now underway on the beachfront development.
Rakhat Construction, ATARA’s construction division, has finished soil improvement works and shoring on the site. Excavation work is now proceeding on Al Marjan Island, with the project targeting completion in Q3 2028.
Construction begins on Sheraton Residences Al Marjan Island with 2028 completion date
“The addition of the Sheraton Residences further strengthens Al Marjan Island’s position as a premier lifestyle destination. This project contributes to our vision of bringing exceptional, world-class developments to the island, enriching its residential offering and international appeal,” Arch. Abdulla Al Abdouli, Group CEO of Marjan said in a statement.
ATARA Development has started construction before opening sales for the project, a strategy that differs from standard practice in the UAE real estate sector. The approach demonstrates the company’s financial position and construction capability ahead of the sales launch.
“Breaking ground before launching sales reflects ATARA’s philosophy of leading with action, not promises. By showcasing tangible construction progress from day one, we reinforce a sales strategy built on trust and visibility—giving future buyers the assurance that their ownership is supported by a developer fully committed to transparency, quality, and timely delivery. With the project scheduled for completion by Q3 2028, buyers can purchase with confidence knowing the timeline is clearly defined and closely adhered to. The Residences at Sheraton Al Marjan Island Resort sets a new benchmark for luxury developments entering the market,” Umid Bazarov, Chief Operating Officer of ATARA Development added.
“As construction begins, we are delighted to see the Sheraton brand emerge in a new and iconic environment. This development will reflect Sheraton’s design excellence and community-driven ethos, offering residents a uniquely elevated living experience on Al Marjan Island,” Jaidev Menezes, RVP – Mixed-use Development, EMEA at Marriott International further explained.
The development will comprise 159 beachfront units positioned alongside the Sheraton Al Marjan Island Resort. Residents will have access to more than 50 amenities on site. The project represents one of a limited number of Sheraton-branded residences operating globally.
The Residences at Sheraton Al Marjan Island Resort forms part of ATARA Development’s portfolio, which includes plans for more than 1 million square feet of developments over the next two years in the UAE.
