WOW Resorts has appointed China Road and Bridge Corporation (CRBC) as the main contractor for the construction of the JW Marriott Al Marjan Island Resort and JW Marriott Residences Al Marjan Island project on Al Marjan Island in Ras Al Khaimah.
The US $1.3bn development includes a 264-key luxury hotel, 474 branded residential apartments ranging from 1-to-4 bedroom units and Signature penthouses. The scheme marks the first JW Marriott-branded residential development in the GCC.
Beverly Hills-based architect Tony Ashai has designed the project, while Dubai-based Architecture Design Unit (ADU), led by Taseer Buchh, serves as the lead consultant. The project is projected to be completed by 2028.
Bhupender Patel, Co-Founder and Co-CEO, WOW Resorts said, “The project has witnessed strong buyer demand, with most units already sold. Prices have increased from around $816.88 per sqft at launch to as high as $1,307.01 per sqft for premium units. This project is expected to contribute significantly to the local market, with potential prices reaching $2,722.94 per sqft post completion.”
He added, “The developer has retained some inventory for future release, while penthouse units are yet to be launched. The penthouse units will offer a unique living experience, resembling a yacht in the sky, with exceptional design and attention to detail.”
Edifice Middle East, the on-ground contractor, and One Broker Group, the exclusive sales partner, are behind the project. The development will offer a variety of hospitality and leisure amenities, including seven dining venues, spas, swimming pools, a fitness center, and a man-made lagoon.
