In a landmark move for the UAE's luxury real estate sector, the iconic fashion house KARL LAGERFELD has joined forces with AARK Developers to create an exclusive beachfront residential project in Ras Al Khaimah. The partnership, formalized on December 10th in Paris at the brand's headquarters, signals a bold entry into high-end property development.
A New Icon on Al Marjan Island
The project, named KARL LAGERFELD Residences, will be situated on the pristine shores of Al Marjan Island, a location rapidly gaining fame as a hub for luxury tourism and hospitality. With a staggering valuation exceeding $1.4 billion, this development is poised to redefine waterfront living in the region. The signing ceremony was notably held in Karl Lagerfeld's own office, attended by Pier Paolo Righi, CEO of KARL LAGERFELD, and Rahul Kumar Gupta, Chairman of AARK Developers.
The development is scheduled for completion in 2028 and will offer a total of 663 sea view residences. The portfolio is meticulously curated, ranging from one to four-bedroom apartments, with some units featuring private pools. Adding to the exclusivity, the project will include 20 podium villas, 10 ultra-exclusive sky villas or penthouses, and 11 rare beachfront villas, each boasting a private pool.
Curated Luxury Lifestyle and Amenities
Beyond the residences, the project promises a fully integrated luxury lifestyle. Residents will have access to a suite of premium amenities designed to offer a resort-style experience. The plan features two signature cafés and restaurants, a destination beach club, and a spectacular sky bar accompanied by an infinity pool. A standout feature is its own 1000-foot private beach, ensuring unparalleled access and privacy.
The development is set within Ras Al Khaimah's dynamic growth corridor. Its prospects are further amplified by the upcoming Wynn Al Marjan Island integrated resort, expected to open in 2027, which will significantly boost the emirate's international appeal and tourist influx.
Visionary Statements from the Leaders
Pier Paolo Righi, CEO of KARL LAGERFELD, emphasized the project's significance, stating it represents a defining expression of how the brand's universe can transform modern living. He highlighted the collaboration with AARK Developers as an effort to create a signature landmark that translates Karl's visionary design language into a breathtaking, large-scale residential experience.
Echoing this sentiment, Rahul Kumar Gupta, Chairman of AARK Developers, pointed to a shared commitment to detail, refinement, and purposeful spaces as the foundation of the partnership. He asserted that great design influences emotions and interactions, and this project on Al Marjan Island is built on the principles of quality, harmony, and timeless elegance.
This venture marks KARL LAGERFELD's second branded real estate project in the Middle East. To officially introduce this ultra-luxury offering to potential buyers and investors, a launch event in Dubai is planned for the first quarter of 2026.
