ALMAL CONFIRMS 23% COMPLETION AT THEIR SOLD-OUT DEVELOPMENT – THE UNEXPECTED AL MARJAN ISLAND HOTEL & RESIDENCES

Construction on track and zero delays assured by developer for the $400 Million project

Dubai, UAE: April 2026:  Almal Real Estate Development, a Dubai-based, award-winning investment and real estate development company, today announced that construction is already 23% completed, at its record-breaking, sold-out project, The Unexpected Al Marjan Island Hotel & Residences in Ras Al Khaimah. Following launch, the project sold out faster than was anticipated, achieving the highest price point per square meter on the island at AED 6.300 PSF, receiving numerous accolades and business milestones from Marjan.

Founder of Almal Real Estate Development, Dmitriy Starovoitov

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