Clédor, a leading real estate development management firm, has signed a strategic partnership with New York’s iconic Arthouse Hotel to launch Al Marjan Arthouse — the brand’s first residential project outside the United States.
The Dhs 400 million development will be located on the prestigious Al Marjan Island in Ras Al Khaimah.
Manhattan living comes to the UAE
This landmark collaboration brings Manhattan-inspired living to the UAE, combining bold design with exceptional investment value.
Al Marjan Arthouse will be a cornerstone in Clédor’s growing Dhs 2.1 billion project pipeline, reflecting the company’s commitment to developing high-return, design-led communities. Units are expected to average over Dhs 14 million, with projected investor returns exceeding 150%.
The agreement was officially signed at Amelia Lounge, Downtown Dubai, in the presence of Clédor Founder & Chairman Omar Gull, Arthouse’s Karim El Aqabi, Arch. Abdulla Al Abdouli, CEO of Marjan, and Islam El Dafrawy, Co-founder of Prospect.
Vision from the founder
While speaking to Dubai Newsweek on the sidelines of the signing ceremony, Clédor Founder & Chairman Omar Gull said: “Arthouse is a century-old hotel in Manhattan, known for its warmth and character — qualities that set it apart in the US hospitality market. We partnered with them to expand globally, starting with the UAE.
“Ras Al Khaimah, particularly Al Marjan Island, was the ideal location for their first international project. It’s currently an investor hotspot, with strong tourism, free zones, and the upcoming casino driving demand,” he said.
“We’re developing branded residences, fully managed by Arthouse, offering premium amenities and services such as butler-on-call, housekeeping, and short-term rental management. Our next destination will be Dubai, with plans for a project in Meydan. The UAE continues to be one of the most attractive and accessible markets for global real estate investment,” Gull added.
Arthouse on its first international expansion
“I am excited to announce this new chapter for Arthouse and we are honoured to partner with Clédor, who have a deep understanding of the UAE market and clientele. We trust in their experience to build something special and lasting. This is the first time Arthouse is stepping outside the United States of America and together we hope to build a timeless legacy.
“We chose the UAE, and especially Al Marjan Island, because of the robust growth of real estate, vision of the leadership, and ambition and forward-thinking outlook of the region. This is the beginning of more projects to come to this region from the Arthouse brand portfolio. We would like to express our gratitude to all our stakeholders for the trust and partnership,” said Karim El Aqabi, spokesperson of Arthouse.
Ras Al Khaimah’s rising global appeal
“The exquisite mix of fascinating nature and well-preserved history of Ras Al Khaimah has been attracting luxurious facilities and projects to the emirate, elevating our iconic island to one of the UAE’s top destinations for tourism and growth, attracting the best of investments. It is with great pleasure that we welcome Arthouse Residences to Al Marjan Island.
“Their presence reflects our continued commitment to developing a world-class destination defined by architectural excellence, cultural enrichment, and exceptional quality of life. We look forward to the unique character and prestige Arthouse Residences will bring to our evolving landscape and growing community,” said Arch. Abdulla Al Abdouli, CEO, Marjan.
Prospect’s perspective on cultural real estate
“We are proud to partner with Clédor in bringing Arthouse NYC to the UAE — a bold and visionary undertaking that bridges global creativity with the region’s dynamic real estate landscape. 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.
“Together, we are laying the foundation for yet another new benchmark in culturally inspired development that resonates with international sensibilities and local ambitions,” added Islam El Dafrawy, Co-founder, Prospect.
This strategic alliance not only solidifies Clédor’s role in driving the UAE property market forward but also marks Arthouse’s official entry into the Middle East—bringing with it a century of curated living to a new generation of luxury homeowners.
tanvir@dubainewsweek.com
