Atara Development Evolves Sheraton Residences on Al Marjan Island with Refined Offerings

Atara Development is pushing forward with The Residences at Sheraton Al Marjan Island Resort, introducing a refined collection of residential units to align with the evolving market demand. The project, initially launched in January, has seen substantial construction progress, including shoring, piling, and foundation works.

The updated residential offering now features a more focused selection of premium and luxury one- and two-bedroom residences. This revised mix provides a broader array of layouts and sizes, designed to cater to the changing needs of the market on Al Marjan Island, which is rapidly emerging as a key destination for tourism, hospitality, and real estate investment.

Currently, the development includes 168 fully furnished Sheraton-branded residences. One-bedroom units typically span 700 to 950 sq. Ft., while two-bedroom residences range from 1,150 to 1,380 sq. Ft. on average. These units offer direct beachfront access, alongside resort-grade amenities, rooftop lifestyle spaces, wellness facilities, and hotel-style services.

Atara Development recently presented this next phase to the Dubai real estate community at the DPS Property Exhibition Center. The event provided insights into the project's progress and the strategic evolution of its residential offerings. Umid Bazarov, Chief Operating Officer at Atara Development, detailed the updated collection and its positioning within the growing Al Marjan Island market.

Also featured was Khaled Assaf, Commercial Director at Marjan, who discussed Ras Al Khaimah's broader growth trajectory and its increasing prominence in tourism, hospitality, and investment. He highlighted the emirate's expanding tourism ecosystem, the influx of international hospitality brands, rising investor interest, and the significant role of Al Marjan Island in this development, particularly with the upcoming Wynn Al Marjan Island project. For Atara, this development marks an expansion into larger-scale, branded, and island-led residential projects, building on its decade of experience in waterfront developments across Dubai's island communities.