Dubai’s Clédor has forged a significant partnership with New York City’s Arthouse Hotel, aiming to introduce an innovative luxury lifestyle to the Middle East with branded residences in Ras Al Khaimah. Valued at AED 400 million, this groundbreaking initiative will see the debut of Arthouse’s residences beyond the USA, promising to blend Manhattan’s artistic essence with the vibrant culture of the UAE.
A Landmark Collaboration
Clédor, a premier real estate development management company based in Dubai, has formalized its partnership with the iconic Arthouse Hotel in NYC. This strategic alliance is poised to launch the Arthouse branded residences on Al Marjan Island in Ras Al Khaimah.
Introducing Al Marjan Arthouse
The newly unveiled project, named Al Marjan Arthouse, represents Arthouse Hotel’s first foray outside of the United States, as confirmed in a media release by Clédor. The AED 400 million development is designed to be a gateway for a new era of luxury living intertwined with artistic flair.
Voices from the Leadership
Omar Gull, Founder and Chairman of Clédor, expressed excitement about the collaboration, stating, “The signing of this agreement marks the beginning of a powerful collaboration rooted in excellence, heritage, and innovation.” He further noted that bringing Arthouse Hotel to the UAE would create a unique lifestyle experience on Al Marjan Island, enriching it with creative and cultural dimensions.
Karim El Aqabi, spokesperson for Arthouse, echoed this sentiment, remarking, “This is the first time Arthouse is stepping outside the United States of America, and together we hope to build a timeless legacy.” He emphasized the strategic choice of Al Marjan Island, highlighting the area’s robust real estate growth and visionary leadership.
Elevating Ras Al Khaimah’s Appeal
The partnership aims not just to introduce luxury residences but to enhance the narrative of Al Marjan Island, which is increasingly recognized as a premier destination for both tourism and investment. Abdulla Al Abdouli, CEO of Marjan, welcomed the new development, underscoring that Arthouse Residences aligns with their ongoing commitment to foster world-class facilities characterized by an exceptional quality of life.
Through this collaboration, Clédor leverages its extensive development expertise alongside Arthouse NYC’s rich hospitality legacy. Together, they aim to introduce a new standard of living through these branded residences on Al Marjan Island, Ras Al Khaimah, and in Meydan, Dubai.
As Clédor continues to expand its influence in the UAE property market, its future pipeline, valued at over AED 2.1 billion, reflects bold ambitions to reshape the region’s real estate landscape, promising ongoing contributions to the luxury residential sector.