Tissoli, a real estate and investment firm, has signed an agreement with Italian design house Pininfarina to develop Palazzo Tissoli, a Dhs1.2 billion waterfront project on Al Marjan Island in Ras Al Khaimah.
The partnership marks Pininfarina’s first architectural venture in the emirate and was formalized during a signing ceremony held at Fairmont The Palm in Dubai.
Officials present included Khaled Assaf, Commercial Director of Marjan; Pooja Rathore, COO of Tissoli; Fabio Calorio, Senior Vice President of Pininfarina; and Umar Bin Farooq, Founder and CEO of One Broker Group.
New addition to Al Marjan
Palazzo Tissoli will feature fully furnished residences with panoramic sea views and easy access to future gaming and leisure attractions planned on the island. The design draws on the geometric forms of Ras Al Khaimah’s Hajar Mountains and integrates Pininfarina’s legacy of craftsmanship with modern living.
“We are thrilled to welcome Palazzo Tissoli to Al Marjan Island. This landmark project reflects the high calibre of collaborations that continue to power Ras Al Khaimah’s transformation into a world-class investment and lifestyle destination,” said Arch. Abdulla Al Abdouli, CEO of Marjan.
Flagship project for Tissoli
Tissoli confirmed that Palazzo Tissoli is its flagship development and signals the start of a broader pipeline of luxury projects in the UAE. The building will include resort-style amenities and aims to combine design, functionality, and community living.
“Palazzo Tissoli is the embodiment of our vision to create places that inspire, elevate, and redefine modern living. We are extremely proud to partner with a globally renowned design house like Pininfarina to bring this vision to life,” said Pooja Rathore, COO of Tissoli.
Pininfarina’s UAE debut
Pininfarina, known for its design work across industries including architecture and automotive, brings a 95-year history of innovation to the project. With more than 1,950 completed projects globally, the firm sees Palazzo Tissoli as a milestone in its expansion into the UAE.
“We are delighted to partner with Tissoli on this landmark project. With this project we will be translating our Italian DNA into a design that reflects both the natural beauty and the dynamic lifestyle that is evolving in Al Marjan Island,” Fabio Calorio, Senior Vice President of Pininfarina.
tanvir@dubainewsweek.com
