
Investor takeaway
Affordability needs price, cash and monthly-payment context
Use this guide as planning support, then test the same budget against Dubai purchase costs, mortgage assumptions and community evidence before shortlisting.
Published by PropertyStellar Editorial Team. Read our editorial policy and research methodology.
UAE-based developer Ardee has officially commenced construction on its $545 million Fairmont Residences Al Marjan Island and Fairmont Al Marjan Island Hotel, marking a major milestone for Ras Al Khaimah’s luxury waterfront real estate landscape.
Key Highlights:
- Groundbreaking completed for the AED2bn ($545m) Fairmont-branded waterfront project
- Located on Al Marjan Island, Ras Al Khaimah, forming the first phase of Ardee’s long-term masterplan
- Nearly 1.2 million sq. ft. of GFA covering residential and hotel components
- Piling works underway, with completion targeted for April 2026
- 519 branded residences and townhouses, plus four signature sea villas
- Integrated 250-key Fairmont hotel offering luxury hospitality services
- Resort-style amenities including private beach access, wellness facilities, pools, dining and social spaces
- Project completion scheduled for 2028
- Development strengthens Ras Al Khaimah’s position as a premier coastal lifestyle and investment destination
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