Key Points
- Emaar's Address resort project in Ras Al Khaimah is now five times bigger, with plans for over 1,100 units across six towers.
- The northern emirate has seen a surge in luxury developments on Al Marjan Island, with major brands like Marriott and Nobu setting up.
- Apartments in the new development start at $462,000, with prices reaching into the millions for larger units.
Summary
Emaar has revived its Address resort project in Ras Al Khaimah, significantly expanding its original plan from 234 apartments to over 1,100 units across six towers, along with villas and townhouses. This development is part of a broader trend of luxury real estate growth on Al Marjan Island, which has attracted major hotel brands such as Marriott and Nobu. Apartments in the new Emaar project are priced from $462,000, reflecting the upscale nature of the development.