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ELEVATE and Ennismore partner to bring $500 million Mondrian branded residences to Al Marjan Island Ras Al Khaimah
ELEVATE and Ennismore partner to bring $500 million Mondrian branded residences to Al Marjan Island Ras Al Khaimah

Tourism Breaking News

time04-07-2025

  • Business
  • Tourism Breaking News

ELEVATE and Ennismore partner to bring $500 million Mondrian branded residences to Al Marjan Island Ras Al Khaimah

Post Views: 29 ELEVATE and Ennismore signed an agreement to introduce the region's first-ever beachfront Mondrian residences in the UAE. The landmark $500 million project will be situated on the rapidly growing Al Marjan Island, marking a pivotal moment in the evolution of branded living experiences on the island and in the region. The grand opening is anticipated to be in Q4 2028. This partnership unites the strengths of two globally respected leaders, collaborating to champion bold design, authentic community experiences, and purposeful living. ELEVATE is setting new benchmarks for intentional and design-forward living, rooted in the UAE with a deep understanding of the region's evolving cultural and lifestyle ambitions. It offers the perfect counterpart: local insight, real estate expertise, and a vision for redefining modern luxury. Ennismore is a powerhouse in luxury lifestyle hospitality, comprising a collective of 16 globally celebrated brands and two F&B groups—including Delano, SLS, 25hours Hotels, SO/, and Rikas—as well as over 500 restaurants and bars. Together, the two are set to create transformative destinations that resonate far beyond the traditional hospitality model. Commenting on the signing, Arch. Abdulla Al Abdouli, CEO of Marjan said: 'We are delighted to welcome the Mondrian Residences to Al Marjan Island as part of our ongoing commitment to elevating Marjan's global stature, which is increasingly being famed as a lifestyle-led development. This collaboration between ELEVATE and Ennismore adds a new layer of depth and creativity to our growing portfolio of branded residences on the island. We are proud to welcome Mondrian Beach Residences to Al Marjan Island, which is slated to mark a global expansion for the hospitality giant, showcasing the draw and relevance of Marjan today'. With this landmark project, ELEVATE reaffirms its long-term commitment to the UAE, supported by a $1 billion development pipeline scheduled for the next 12 months. As the newly launched lifestyle real estate brand from One Group, ELEVATE is setting out to redefine luxury living with its philosophy of living centered around five core pillars of Health, Wellness, Tribe, Purpose and Flow that resonate with both modern residents and global investors. Speaking on the collaboration, Zeeshaan Shah, Chairman of One Group and Founder & CEO of ELEVATE, shared his enthusiasm: 'We're very proud to be bringing the first-ever beachfront Mondrian residences to the UAE in collaboration with Ennismore. We carefully selected Mondrian for this location as the brand is the epitome of what Marjan Island is becoming. Renowned for being at the forefront of lifestyle, art and culture, Mondrian's are icon's in every city they're in whether it's Los Angeles, Cannes or Ibiza and this will undoubtedly be the icon of Marjan Island'. The Mondrian Al Marjan Island Beach Residences will deliver a five star hospitality-infused residential experience, featuring private beach access, signature design elements, wellness-centric amenities, and curated cultural programming. Residents can expect hotel-grade services with the privacy and ownership benefits of a home, making it a compelling investment for both lifestyle buyers and discerning investors. Known for its avant-garde design and cultural relevance, Mondrian is one of Ennismore's most iconic brands, celebrated for its progressive edge in art, fashion, and urban living. With flagship properties in cities such as Los Angeles, Mexico, Ibiza, Doha, Singapore, and Seoul, Mondrian's branded residential arrival in the UAE signals a new era for luxury beachfront living. Louis Abboud, Regional Head of Lifestyle Collective IMEAT at Ennismore, said, 'We are excited to introduce this new and exciting Mondrian residential project to the UAE in collaboration with ELEVATE. Mondrian is a symbol of creative expression, and Al Marjan Island provides the perfect canvas. This development will bring our signature energy to a thriving new destination and redefine what modern beachfront living can feel like.' To ensure every detail of the project reflects its exceptional vision, a world-class team of consultants has been carefully curated. Leading the architectural narrative is Gensler – the world's largest architecture and design firm, headquartered in San Francisco – bringing global expertise and innovative design-thinking to the forefront. Complementing this is the acclaimed London-based Bergman Interiors, celebrated for their award-winning work across luxury hospitality, branded residences, and superyachts, adding a layer of bespoke sophistication to the interiors. Together, they infuse the development with a level of design excellence rarely seen in the region. Backed by a global real estate transaction record exceeding $2.5 billion, One Group's expansion into the UAE via ELEVATE is not just strategic – it's personal. Shah, who began his career in the UAE nearly two decades ago, sees the country as a natural extension of the Group's lifestyle-driven ethos. For ELEVATE, this launch is only the beginning of the UAE chapter. With several projects in the pipeline across the UAE, the brand is poised to redefine success and luxury, not by excess, but through purposeful design, community, and well-being. Concluding, Shah said, 'This partnership marks our development debut in the region, and we are proud to start by setting a new benchmark in branded beachfront living. I'm deeply grateful to the trusted partners and supporters who stood by this vision from the start – your belief and commitment have been paramount in bringing it to life.' Ennismore's branded residential properties, including Mondrian Al Marjan Island Beach Residences, are supported by Accor One Living, an industry-first 360° platform focused on developing, designing, and operating mixed-use projects and branded homeowner communities. Through Accor One Living, homeowners, guests, and partners are connected to Accor's diverse ecosystem of brands, expertise, and solutions, creating a constant flow of new opportunities to live, work, and play.

One Group enters UAE market
One Group enters UAE market

ME Construction

time23-06-2025

  • Business
  • ME Construction

One Group enters UAE market

Industry News One Group enters UAE market By Each ELEVATE destination will be strategically located and One Group is already in advanced discussions with hospitality and lifestyle names to co-create branded residences One Group has officially entered the UAE market with the launch of ELEVATE, a company dedicated to lifestyle centric real estate development with the philosophy of luxury living. According to a statement, ELEVATE's journey in the UAE will commence with the launch of a flagship beachfront development. The project is expected to be unveiled in the coming weeks and is poised to redefine the standards of luxury living in the region. Each ELEVATE destination will be strategically located, attracting a community of individuals who value refinement, authenticity, and meaningful experiences. The brand is already in advanced discussions with hospitality and lifestyle names to co-create branded residences an increasing segment that merges luxury living with elevated service and investment value, a statement explained. Commenting on the launch, Zeeshaan Shah, Chairman of One Group said, 'I'm thrilled to officially begin our development journey in the UAE. I started my career in this extraordinary country 18 years ago, and witnessing its incredible transformation has been deeply inspiring. Today, the UAE stands as a global benchmark for lifestyle, ambition, and opportunity, a true reflection of the vision and dedication of its great leadership. In every market we enter, we forge our own path—not by following trends, but by introducing a distinct, lifestyle-led approach to design and development. At its core, great real estate isn't just about space it's about creating a way of life. Our focus is on crafting environments that elevate everyday living by integrating community,connection, wellness, and meaningful experiences.' ELEVATE residences will offer hotel-grade amenities while providing the privacy and exclusivity of home. This unique positioning appeals to both end users and investors seeking long-term appreciation and potential in the region's booming real estate market, the statement explained. With a 15 year presence spanning across three continents, One Group has facilitated approximately US $2.5bn in global real estate transactions. Its portfolio is said to boast over 3,000 completed and ongoing units. ELEVATE is expected to have a development pipeline exceeding $1bn to roll out over the next 12 months. The firm says it will offer a holistic lifestyle centered around design, intentional living, and emotional well being, with the developments designed to promote balance and vitality, enabling residents to experience each day with purpose. The upcoming launch will mark the first step in ELEVATE's journey to redefine luxury living in the UAE and beyond, the firm noted.

One Group announces billion-dollar entry into UAE real estate market
One Group announces billion-dollar entry into UAE real estate market

Khaleej Times

time10-06-2025

  • Business
  • Khaleej Times

One Group announces billion-dollar entry into UAE real estate market

One Group, a global real estate firm, has officially entered the UAE with a development pipeline exceeding $1 billion scheduled to roll out over the next 12 months. The company is set to begin its UAE journey with the launch of ELEVATE, a new brand dedicated to lifestyle-centric real estate development. The brand's inaugural project — a branded beachfront development — is expected to be announced soon, in collaboration with a leading global hospitality operator. Commenting on the launch, Zeeshaan Shah, Chairman of One Group, said: 'I'm thrilled to officially begin our development journey in the UAE. I started my career in this extraordinary country 18 years ago, and witnessing its incredible transformation has been deeply inspiring. Today, the UAE stands as a global benchmark for lifestyle, ambition, and opportunity — a true reflection of the vision and dedication of its great leadership.' With a 15-year track record and a presence across three continents, One Group has facilitated more than $2.5 billion in global real estate transactions, with a portfolio of over 3,000 units completed and under development. The launch of ELEVATE marks the Group's most ambitious regional expansion to date, with a development pipeline exceeding $1 billion scheduled to roll out over the next 12 months. Shah added: 'In every market we enter, we forge our own path — not by following trends, but by introducing a distinct, lifestyle-led approach to design and development. At its core, great real estate isn't just about space — it's about creating a way of life. Our focus is on crafting environments that elevate everyday living by integrating community, connection, wellness, and meaningful experiences.' Every ELEVATE destination will be strategically located to both inspire and energize. The brand is already in advanced discussions with globally renowned hospitality and lifestyle names to co-create branded residences — an increasingly sought-after segment that merges luxury living with elevated service and investment value. Designed to outperform traditional luxury assets, ELEVATE residences will offer hotel-grade amenities with the privacy and exclusivity of home. This unique positioning appeals to both end-users and sophisticated investors seeking long-term appreciation and high-yield potential in the region's booming real estate market.

UAE real estate: One Group launches ELEVATE as it eyes $1bn project pipeline
UAE real estate: One Group launches ELEVATE as it eyes $1bn project pipeline

Arabian Business

time10-06-2025

  • Business
  • Arabian Business

UAE real estate: One Group launches ELEVATE as it eyes $1bn project pipeline

One Group has announced its ELEVATE brand, which it says is dedicated to creating lifestyle-centric luxury developments in the region. This strategic launch marks the Group's most ambitious regional expansion to date. ELEVATE announces UAE beachfront development The first chapter of ELEVATE's journey in the UAE will begin with a flagship branded beachfront development. Although full project details remain confidential for now, the project will be unveiled in the coming weeks. Zeeshaan Shah, Chairman of One Group, said: 'I'm thrilled to officially begin our development journey in the UAE. I started my career in this extraordinary country 18 years ago, and witnessing its incredible transformation has been deeply inspiring. 'Today, the UAE stands as a global benchmark for lifestyle, ambition, and opportunity—a true reflection of the vision and dedication of its great leadership.' With a 15-year legacy of delivering more than $2.5bn in global real estate transactions and a portfolio spanning across three continents, One Group has proven its expertise in luxury developments. The launch of ELEVATE represents the Group's most significant regional move, with a robust development pipeline worth more than $1bn set to roll out in the next 12 months. Shah said: 'In every market we enter, we forge our own path—not by following trends, but by introducing a distinct, lifestyle-led approach to design and development. 'At its core, great real estate isn't just about space—it's about creating a way of life. Our focus is on crafting environments that elevate everyday living by integrating community, connection, wellness, and meaningful experiences.'

One Group announces billion-dollar entry into UAE real estate market with launch of ELEVATE
One Group announces billion-dollar entry into UAE real estate market with launch of ELEVATE

Zawya

time10-06-2025

  • Business
  • Zawya

One Group announces billion-dollar entry into UAE real estate market with launch of ELEVATE

Dubai, UAE - One Group, a global real estate powerhouse, has officially entered the UAE development market with the launch of ELEVATE, a visionary new brand dedicated to lifestyle-centric real estate development that reflects a complete philosophy of luxury living. ELEVATE's journey in the UAE will begin with a flagship branded beachfront development. While full details remain under wraps, the highly anticipated project is set to be revealed in the coming weeks and is expected to set a new benchmark for luxury living in the region. Commenting on the launch, Zeeshaan Shah, Chairman of One Group, said: 'I'm thrilled to officially begin our development journey in the UAE. I started my career in this extraordinary country 18 years ago, and witnessing its incredible transformation has been deeply inspiring. Today, the UAE stands as a global benchmark for lifestyle, ambition, and opportunity—a true reflection of the vision and dedication of its great leadership.' With a 15-year track record and a presence across three continents, One Group has facilitated more than $2.5 billion in global real estate transactions, with a portfolio of over 3,000 units completed and under development. The launch of ELEVATE marks the Group's most ambitious regional expansion to date, with a development pipeline exceeding $1 billion scheduled to roll out over the next 12 months. Shah added: 'In every market we enter, we forge our own path—not by following trends, but by introducing a distinct, lifestyle-led approach to design and development. At its core, great real estate isn't just about space—it's about creating a way of life. Our focus is on crafting environments that elevate everyday living by integrating community, connection, wellness, and meaningful experiences.' ELEVATE envisions success as something that transcends material wealth, offering a holistic lifestyle rooted in timeless design, intentional living, and emotional well-being. Its developments are thoughtfully conceived to promote balance and vitality, allowing residents to experience each day with effortless grace and purpose. Every ELEVATE destination will be strategically located to both inspire and energize, attracting a community of individuals who value refinement, authenticity, and meaningful experiences as the true hallmarks of success. The brand is already in advanced discussions with globally renowned hospitality and lifestyle names to co-create branded residences—an increasingly sought-after segment that merges luxury living with elevated service and investment value. Designed to outperform traditional luxury assets, ELEVATE residences will offer hotel-grade amenities with the privacy and exclusivity of home. This unique positioning appeals to both end-users and sophisticated investors seeking long-term appreciation and high-yield potential in the region's booming real estate market. The brand's inaugural project—a branded beachfront development—is expected to be announced soon, in collaboration with a leading global hospitality operator. This upcoming launch will mark the first step in ELEVATE's journey to redefine luxury living in the UAE and beyond. About ELEVATE At ELEVATE, we create more than homes—we design environments that reflect an enlightened way of being. For those who understand that success is a lifestyle, and seek harmony between mind, body, and soul, our spaces are crafted to support intentional living and meaningful connection. About One Group One Group is a global real estate investment and development firm with a transaction record exceeding $2.5 billion. Its portfolio includes industry-leading subsidiaries such as One Homes, One Investments, and One Capital, with a specialization in high-value, design-forward developments in the UK and international markets.

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