Ardee Breaks Ground on $545m Fairmont Residences & Hotel in Ras Al Khaimah

Dubai, UAE: Ardee has officially broken ground on the Fairmont Residences Al Marjan Island and Fairmont Al Marjan Island Hotel, a $545 million (AED 2 billion) beachfront development that marks a major milestone for Ras Al Khaimah’s evolving coastal real estate and hospitality landscape.

The on-site groundbreaking ceremony signals the start of construction on one of the emirate’s most anticipated waterfront projects, located on Al Marjan Island. The development is positioned as a flagship project within Ardee’s broader coastal vision, setting the tone for a new phase of branded, resort-led living in the northern emirate.

Construction milestones and delivery timeline

Following the successful completion of enabling works, piling has now commenced, representing the project’s first major construction milestone. Full site mobilisation is underway, with works spanning nearly 1.2 million square feet of gross floor area across both the residential and hotel components. Piling works are scheduled for completion by April 2026, allowing for a seamless transition into main construction phases.

As the first development within Ardee’s wider 5.6 million square foot masterplan, the project establishes the benchmark for design quality, lifestyle positioning and execution standards across the destination.

A landmark branded coastal development

The Fairmont-branded scheme will comprise 519 branded residences and townhouses, four signature sea villas, and an integrated 250-key hotel. Scheduled for completion in 2028, it represents one of the largest branded coastal developments currently underway in Ras Al Khaimah.

Residents will benefit from a resort-style lifestyle combining private beach access, fitness and wellness facilities, family and adults-only pools, curated social and dining spaces, and direct connectivity to the adjoining Fairmont hotel, creating a fully integrated residential and hospitality experience.

Romeo Abdo, Founder of Ardee, said: “Today marks an important milestone for Ardee. The groundbreaking signals the start of a flagship beachfront development that reflects our commitment to design excellence, long-term quality, and modern coastal living. This project is the first in our Al Marjan Island masterplan, and it sets the benchmark for the future communities we are building in the UAE. We are proud to be investing in Ras Al Khaimah’s future, supporting its ambition to grow as a premier destination for coastal living, branded hospitality, and long-term investor confidence.”

Arch. Abdulla Al Abdouli, Group Chief Executive Officer of Marjan, commented: “We are happy to witness the progress being made on Ardee Al Marjan Island. By providing vibrant spaces for master-planned developments to thrive, Marjan is boldly aligned with the emirate’s vision to transform into a sought-after global destination for luxury lifestyle and investment.”

Omer Acar, CEO of Fairmont Raffles, said: “Today marks the beginning of an exciting new chapter as we break ground on the exceptional Fairmont Residences Al Marjan Island & Fairmont Al Marjan Island Hotel along the stunning coastline of Ras Al Khaimah. Embraced by nature and crafted to showcase the very best of the destination, this development is poised to become a vibrant social hub, where meaningful moments and unforgettable experiences truly Make Special Happen.”

Shaping the future of coastal living

The project introduces a refined model of coastal living designed to anchor a broader integrated waterfront destination combining residential, hospitality, retail, leisure and wellness components. Through its masterplan, Ardee aims to deliver thoughtfully crafted environments that enhance wellbeing, foster community, and elevate everyday living.

With world-class hospitality, wellness destinations, waterfront attractions and elevated dining experiences, the Fairmont Residences Al Marjan Island and Fairmont Al Marjan Island Hotel reflect Ardee’s long-term strategy to develop coastal communities that are both aspirational and enduring, while supporting Ras Al Khaimah’s emergence as a global destination for luxury living and investment.