If you thought Ras Al Khaimah was taking things slow, think again. ELEVATE just pulled off the kind of plot twist that makes investors drop their coffee and developers whisper, “How did they do THAT?”
After a dramatic, red-carpet-meets-supernova launch at Atlantis The Royal on 26th November, Mondrian Al Marjan Island Beach Residences sold AED 704 million worth of units in just two hours. Yes, you read that right. Two hours. The time it takes you to choose a brunch outfit.
More than 200 units vanished instantly, snapped up by buyers who clearly know a game-changing project when they see one. And now, because this is RAK and we don’t do slow, ELEVATE has confirmed the final 100 units are being released soon—a.k.a. the part where everyone begins to panic-buy.
A Record-Breaking Launch That Rewrote the Rulebook
The project is valued at a cool AED 1.8 billion, developed in partnership with Ennismore, the global powerhouse behind lifestyle-heavy, personality-packed hospitality brands. Add design masterminds Gensler and Bergman Design House, and suddenly the bar for “branded beachfront living” is up somewhere near the stratosphere.
Bold architecture? Yes. Sensory storytelling? Absolutely. Investor meltdown (the good kind)? Confirmed.
Zeeshaan Shah, Founder & Chairman of ELEVATE, summed up the moment perfectly:
“We didn’t just launch a building; we introduced a new standard of lifestyle that resonates deeply with global investors.”
Translation? RAK isn’t “up and coming.” It’s already arrived—with a suitcase full of luxury and a waiting list.
The Next Chapter: What’s Actually Being Released?
The newly released inventory is basically the VIP section of the development—each layout more tempting than the last. If you’re planning to jump in, here’s what’s up for grabs:
The Residences
Perfect for modern island living, offering 1–3 bedroom apartments with that signature Mondrian flair.
The Front Row Collection
Beachfront townhouses so close to the sand, you’ll literally have to warn guests not to walk in barefoot from the beach.
The Sky Collection
Duplex and triplex sky villas with private pools and the kind of views that make your phone storage cry from too many photos.
Why Investors Are Losing Their Minds (In the Best Way)
• Next door? The future Wynn Al Marjan Island.
• Inside? 60,000 sq. ft. of curated anything-you-can-dream-of amenities.
• Access? The Mondrian Sky Club, the region’s first Fi’lia Beach, and global perks like Accor Platinum Status.
• Completion? Q4 2028—which means the countdown starts now.
This project isn’t just a residence; it’s an entire lifestyle reboot wrapped in Mondrian’s iconic style.
Ready to Secure One of the Last 100 Units?
Because… once they’re gone, that’s it. No extensions, no encore rounds, no “maybe next phase.”
ELEVATE’s next release drops soon—and if the first round is anything to go by, you’ll need to move very, very fast.
