Project valued at AED 400 Million redefines cultural luxury
Prices Start from AED 925,000 offering World-Class Amenities Designed for Modern Lifestyles
Ras Al Khaimah, UAE – 22 May 2025 – Clédor, a luxury, design centric real estate development management company, has officially launched Arthouse Residences Al Marjan Island, a distinctive branded residential project in collaboration with Arthouse Hotel NYC and Prospect. Valued at AED 400 million, this exclusive development is the first-ever Arthouse-branded residential project outside of the U.S. and is set to redefine cultural luxury living in the UAE.
Clédor Signs Landmark Agreement to Bring the first Arthouse Hotel NYC Branded Residences to the UAE, valued at AED 400 Million
With Strategic partner Prospect
Al Marjan Arthouse is the first Arthouse Residences outside of the USA
Clédor continues to make bold strides in reshaping the region’s real estate landscape, with a project pipeline valued at over AED 2.1 billion
Dubai, UAE – May 2025 – In a significant move set to bring Manhattan’s creative legacy to the Middle East, Clédor, a premier real estate development management company, has officially signed a partnership agreement with Arthouse Hotel, NYC. Coming to the iconic Al Marjan Islands in Ras Al Khaimah, Al Marjan Arthouse, valued at AED 400 Million, will be the brand’s first residences outside of the USA.
With a project development pipeline valued at over AED 2.1 billion, Clédor continues to make bold strides in reshaping the region’s real estate landscape. These branded residences are part of Clédor’s vision to deliver high-yield, design-forward communities that offer 150%+ investor returns and average unit prices exceeding AED 14 million.
The signing ceremony took place today, at the elegant Amelia Lounge in Downtown Dubai, in the presence of Omar Gull, Founder & Chairman of Clédor, Karim El Aqabi, from Arthouse, Arch. Abdulla Al Abdouli, CEO, Marjan and Islam El Dafrawy, Co-founder, Prospect.