Real estate company Aldar Properties has recently announced that it has formed a new partnership with luxury lifestyle hospitality company Nikki Beach Global.
The company is globally renowned for its upscale branded residences, beach club and resort concepts. The partnership will see Aldar and Nikki Beach develop three branded residential buildings as part of a larger beachfront community on Al Marjan Island, with residential sales set to launch later this year.
Both companies are set to redefine coastal living in Ras Al Khaimah, merging Aldar’s well-designed living with Nikki Beach’s vibrancy and elegance.
“Nikki Beach Residences will offer the opportunity to secure your own piece of Nikki Beach in this vibrant region and we look forward to working with Aldar on this exciting property development. We are extremely discerning as we expand our global portfolio of residences and are confident that Ras Al Khaimah is the ideal destination to bring our loyal clientele this new way of celebrating life.”
Lucia Penrod, CEO, Nikki Beach Global
Marking Aldar’s inaugural residential development in Ras Al Khaimah, Nikki Beach Residences will be situated between Rixos Bab Al Bahr and DoubleTree by Hilton Resort & Spa Marjan Island; both acquired by Aldar in 2022.
The company has built a brand reputation as an original luxury beach club concept that combines the elements of music, dining, entertainment, fashion, film and art into one.
“As Aldar continues to expand its footprint in Ras Al Khaimah, our partnership with Nikki Beach is key to developing an unparalleled residential offering in an emirate that is growing as an investment hub and tourism destination. Nikki Beach, with its global prestige and proven track record in upscale hospitality, aligns perfectly with Aldar’s vision to create memorable experiences and thriving communities and we look forward to unveiling more details about the masterplan soon.”
Jonathan Emery, Chief Executive Officer, Aldar Development
The Nikki Beach concept has also grown into a global, multifaceted luxury lifestyle and hospitality brand with 11 beach clubs, five hotels and resorts, branded residences, a fashion division, special events and Nikki Cares – a 501c3 non-profit charity.
Merging Aldar’s expertise in creating vibrant communities with the company’s flair for crafting unique, immersive experiences, it is set to deliver new benchmarks in customer satisfaction.
“The Nikki Beach Residences on Al Marjan Island are poised to revolutionise coastal living in Ras Al Khaimah, and we are thrilled to partner with Aldar to bring this luxurious and vibrant concept to life. Our collaboration signifies a perfect blend of Aldar’s expertise in creating thriving communities and Nikki Beach’s reputation for delivering unique lifestyle experiences. These residences will not only offer residents curated living spaces but also a true sense of community that Nikki Beach is known for.”
Jihad El Khoury, Chairman and CEO, Nikki Beach EMEA Hotels & Resorts
Nikki Beach Residences will offer fully furnished apartments with curated living spaces and expansive balconies that frame captivating vistas of the Arabian Gulf.
Amenities include a club house with a lounge and restaurant, and hospitality suite for hosting gatherings. The development will also be the first wellness-focused community in Ras Al Khaimah to achieve global FitWel healthy building certification – a testament to Aldar’s commitment to delivering thriving communities that support the wellbeing of its residents.
