Mubadala and Taraf Partner with Kerzner for One&Only Private Residences on Al Maryah Island

Abu Dhabi's sovereign investor Mubadala and Taraf, the real estate division of Yas Holding, have announced a significant partnership with Kerzner International Holdings to develop One&Only Private Residences on Al Maryah Island.

This new development aims to provide an ultra-luxury residential experience within one of Abu Dhabi’s prime waterfront locations, offering residents direct access to the island's amenities while ensuring a private living environment focused on landscaping, wellness, service, and views. The residences will be directly connected to The Galleria, granting smooth access to retail, dining, and lifestyle facilities.

Project Details

The project involves a tower rising approximately 230 meters across 44 floors, designed to maximise views of the Arabian Gulf, surrounding canals, and the Abu Dhabi skyline. The architectural palette will feature warm terracotta tones, champagne-toned metals, and glazing, adapting to the city's changing light.

At its core, the development will include an elevated landscape and amenity destination, integrating gardens, terraces, wellness facilities, and social spaces above the city. This area is conceived as an extension of the residential experience, offering a sense of retreat while maintaining connectivity to the wider island.

Partnership Vision

The collaboration brings together Mubadala’s role as the master developer of Al Maryah Island, Taraf’s design-led development approach, and One&Only’s expertise in ultra-luxury hospitality and residential living. The agreement was signed by Ali Eid AlMheiri (Mubadala), Low Ping (YAS Holding), and Philippe Zuber (Kerzner International) during LIVEX 2026.

Ali Eid AlMheiri stated that the partnership reflects Mubadala's strategy of working with leading organisations to expand Al Maryah Island's residential and lifestyle offerings. Low Ping highlighted that the residences will range from one- to three-bedroom homes to expansive duplexes and a penthouse, all designed to balance generous proportions with practical daily needs, guided by One&Only’s residential standards.

"This partnership is another step in the island’s next phase of growth as we continue to broaden its residential and lifestyle offering and strengthen Al Maryah Island as a premier destination to live, work, visit and invest."