Once complete, the $272mn luxury resort will expand room capacity on the island by 30%
Abu Dhabi National Hotels (ADNH) has acquired a prime plot on Al Marjan Island in Ras Al Khaimah to develop a $272mn luxury resort with 1,000 rooms, spread over one million sqft.
The move highlights the appeal of Al Marjan Island as a foremost UAE tourist destination, with several global hotel operators already making significant investments, said ADNH, an operator of hotels, catering, tours and transportation.
“Ras Al Khaimah’s strength is its fully diversified economy with the leadership focused on promoting trade, tourism, hospitality, and manufacturing. Over the years, the emirate has strengthened its reputation as an investment, hospitality, and tourism hub, attracting high-profile investments and featuring world-class assets,” said Abdulla Al Abdooli, CEO of Marjan.
In January 2022, Marjan said it was joining forces with casino player Wynn Resorts to bring a gaming resort to Ras Al Khaimah. In April 2022, RAK Hospitality sold Rixos Bab Al Bahr Ras Al Khaimah to Aldar Properties for $209.6mn.
He added, “Marjan continues to establish high-end projects in the hospitality, leisure and sports sectors to support the destination strategy of the emirate. The investment by ADNH to develop a luxury resort in Al Marjan Island reflects its confidence in the potential of the destination and will catalyse additional investments.”
Khalid Anib, CEO of ADNH stated, “At ADNH, we are confident that our investment in Ras al Khaimah will create strong returns to our shareholders and enhance the UAE as a leading travel and hospitality destination. This luxury resort will complement our existing portfolio across Abu Dhabi and Dubai.”
Al Marjan Island is said to have more than 3,000 hotel rooms, including the Hampton by Hilton Marjan Island, Mövenpick Resort Al Marjan Island, Rixos Bab Al Bahr Hotel, DoubleTree by Hilton Resort & Spa Marjan Island and Marjan Island Resort and Spa. It’s become a destination offering strong lifestyle experiences with pristine beaches stretching over 7.8km, along with a 23km waterfront, the statement concluded.
In May 2022, HKS Architects was appointed as the design consultant for Wynn Resorts on Al Marjan Island while, in August 2022, CBRE said that it advised Aldar Properties on a $221mn RAK hospitality deal.