Clédor, a leading real estate development management firm, has announced a landmark AED 400 million agreement with Arthouse Hotel NYC to launch the first-ever Arthouse branded residences in the UAE, located on Ras Al Khaimah’s iconic Al Marjan Island.
This milestone project marks Arthouse’s global expansion and its debut outside the United States, bringing its signature blend of cultural heritage and creative design to the UAE’s luxury residential market. Developed in strategic partnership with Prospect and supported by Marjan, Al Marjan Arthouse will feature elevated design, world-class service, and an artistic lifestyle offering rooted in New York’s Upper West Side.
“This collaboration reflects our shared belief in the power of a reputed global brand, investment prospects in Al Marjan Island and innovation in our industry that can shape extraordinary spaces and enduring value,” added Islam El Dafrawy, Co-founder, Prospect.
With Clédor’s expanding project pipeline now exceeding AED 2.1 billion, the company continues to make bold moves that redefine regional real estate. The Al Marjan Arthouse residences are poised to deliver premium investor value, with expected returns of 150%+ and average unit prices of over AED 14 million.
This collaboration signals a powerful fusion of American creativity and Middle Eastern ambition. By introducing the Arthouse branded residences UAE concept, Clédor is positioning Ras Al Khaimah as a hub for design-forward, culturally rich living—adding a new dimension to the UAE’s evolving luxury property landscape.
