Durar, a prominent high-end real estate developer in the UAE known for its stunning J One Towers in the Burj Khalifa district, will launch MASA Residences, an upscale branded residential development in Ras Al Khaimah that offers investors the prospects of high capital appreciation and owner-occupiers idyllic waterfront homes outfitted with world-class amenities. Christie’s International Real Estate Ras Al Khaimah has been appointed as the Exclusive Sales and Marketing Agency.
Al Marjan Island is a beautiful artificial archipelago in Ras Al Khaimah. The AED 700 million ($190.58 million) interior by YOO inspired by Starck-branded residential project, marking Durar’s debut in the UAE’s Northern Emirates, is expected to improve the scenery.
International Real Estate Christie’s Ras Al Khaimah is the exclusive sales and marketing agency for this distinguished property. It is an affiliate of the internationally recognized Christie’s International Real Estate.
Philippe Starck, a renowned designer, and worldwide real estate developer John Hitchcox co-founded MASA Residences, Durar’s first joint venture with YOO.
Studio, one, and two-bedroom apartments as well as ground-floor villas with stunning views of the Arabian Gulf will be included in the construction. The luxurious apartments will have unobstructed views of the sea that are just spectacular.
Our goal has always been to build luxurious, branded homes in picturesque settings, and Ras Al Khaimah’s Al Marjan Island is the perfect location. The project’s strategic location development promises exceptional high capital appreciation for our investors and an unmatched living experience for owner-occupants and tenants. Every room in the apartment offers breathtaking views of the sea. Durar Chairman Mr. Ibrahim Alhabib made these remarks.
In order to provide luxurious interior dwellings, we have teamed up with YOO, the global leader in designer products. The island’s booming tourism industry offers our buyers the chance to earn high returns and significant cash gains.
Managing Partner Jackie Johns of Christie’s International Real Estate Ras Al Khaimah said: MASA Residences offers an ideal beach-front setting, an enviable location, and uninterrupted vistas of the shimmering Arabian Gulf. It is ideally situated three minutes from Wynn Al Marjan Island, the upcoming integrated resort.
She continued, “We are thrilled to announce the opening of our office in Ras Al Khaimah and our collaboration with Durar on MASA Residences. The increased development activity in Ras Al Khaimah signals a promising era of growth and progress.
The demand for homes on Al Marjan Island is steadily rising, according to our in-depth analysis and market data. We think now is the ideal moment to introduce a high-end, branded residential development. We anticipate a sellout and are thrilled about the project’s debut,” Johns said in closing.
The Ras Al Khaimah Tourism Development Authority (RAKTDA) reports that in 2022, over 1.13 million visitors visited Ras Al Khaimah, representing a 15.6 percent year-over-year increase. With major source markets like Kazakhstan, Russia, the United Kingdom, Germany, and the Czech Republic, the number of foreign visitors climbed by 40%.
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