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Deal signed for new branded project
Gulf Today
|August 29, 2025
ATARA Development has announced a landmark agreement with Marriott International to open The Residences at the Sheraton Al Marjan Island Resort, set to be the GCC's first Sheraton-branded residences.
Located on Al Marjan Island in Ras Al Khaimah, this marks ATARA's expansion into premium property development. Co-located with the Sheraton Al Marjan Island Resort, the beachfront residences feature 141 units. The agreement was signed in the presence of dignitaries of Marjan and Marriott, including Arch. Abdulla Al Abdouli, CEO of Marjan, who joined ATARA leadership to commemorate the milestone. This flagship project is the cornerstone of ATARA Development's expanding portfolio, underscoring the company's strategic shift towards primary development
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