Atara Development has revised the residential mix at The Residences at Sheraton Al Marjan Island Resort, narrowing the collection to 168 fully furnished one- and two-bedroom units as the project moves through its early construction phases.
The updated collection offers one-bedroom homes averaging 700 to 950 sq. ft. and two-bedroom residences averaging 1,150 to 1,380 sq. ft. The developer says the revised lineup reflects shifting market demand, with a greater range of layouts within a more focused premium and luxury offering. Residents will have access to private beach frontage, resort amenities, rooftop spaces and hotel-style services through the Sheraton brand.
Atara presented the evolved offering to Dubai’s brokerage community at DPS Property Exhibition Center, where Chief Operating Officer Umid Bazarov gave an overview of construction progress and the thinking behind the repositioned collection. Shoring, piling and foundation works are under way on site.
Khaled Assaf, Commercial Director at Marjan, also addressed attendees, speaking to Ras Al Khaimah’s broader growth trajectory, including increasing tourism activity, the expansion of international hospitality brands and rising investor interest in the emirate’s real estate market.
Al Marjan Island sits at the centre of much of that activity. The imminent arrival of Wynn Al Marjan Island has raised the destination’s international profile, and a growing roster of branded hospitality projects has followed.
Atara positions the Sheraton Residences as the GCC’s first residential offering under the Sheraton brand, extending its own portfolio beyond the bespoke waterfront properties it has developed across Pearl Jumeirah over the past decade into larger-scale, island-led branded development.
The developer has also established a standing presence at DPS to give brokers and investors a direct point of contact for its wider portfolio.
