{"id":26766,"date":"2026-01-21T23:56:56","date_gmt":"2026-01-21T19:56:56","guid":{"rendered":"https:\/\/www.dubaimagazine.net\/wp\/?p=26766"},"modified":"2026-01-21T23:56:59","modified_gmt":"2026-01-21T19:56:59","slug":"elevate-sells-aed-38-million-crown-jewel-sky-mansion-at-mondrian-al-marjan-island-beach-residences","status":"publish","type":"post","link":"https:\/\/www.dubaimagazine.net\/wp\/?p=26766&lang=en","title":{"rendered":"ELEVATE Sells AED 38 Million \u2018Crown Jewel\u2019 Sky Mansion at Mondrian Al Marjan Island Beach Residences"},"content":{"rendered":"\n

ELEVATE, the visionary lifestyle real estate brand, has announced a landmark transaction at the Mondrian Al Marjan Island Beach Residences. The announcement came just days after the project\u2019s momentous ground-breaking ceremony, the development\u2019s “Crown Jewel”, an ultra-exclusive Sky Mansion has been sold for AED 38 million \/ USD 10.35 Million.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

This record-breaking sale sets a new benchmark for ultra-luxury real estate in Ras Al Khaimah. The trophy property, which serves as the absolute pinnacle of beachfront living in the Northern Emirates, was sold within hours of its release, underscoring the voracious appetite for high-end branded residences next to the upcoming USD 5.1B Wynn Resort.<\/p>\n\n\n\n

Spanning an impressive 10,000 square feet across three levels, the Sky Mansion is a masterpiece of design. It features dramatic 28-foot ceiling heights, floor-to-ceiling windows, and exclusive outdoor living spaces, including a private roof garden and a private infinity pool. The residence offers commanding, panoramic views of the ocean and the neighboring Wynn Al Marjan Island.<\/p>\n\n\n\n

Zeeshaan Shah, Founder & Chairman of ELEVATE, said, \u201cThe sale of our Sky Mansion at AED 38 million is a defining moment for Mondrian Al Marjan Island Beach Residences and for Ras Al Khaimah\u2019s luxury real estate market.With limited inventory and EOIs now officially open for Phase 2, demand continues to significantly outpace supply. Phase 1 was absorbed at record speed, and based on the traction we\u2019re already seeing, we expect Phase 2 to follow the same trajectory. Buyers recognise that Mondrian Al Marjan Island Beach Residences is not just a residence, but a lifestyle investment in one of the UAE\u2019s fastest-rising destinations.\u201d<\/p>\n\n\n\n

With demand surging from both international investors and end-users, the developer has released specific details on the remaining inventory types and starting prices for this highly anticipated release:<\/p>\n\n\n\n

1 – 3 Bedroom Residences: Starting from AED 2.7 million<\/p>\n\n\n\n

3 – 5 Bedroom Sky Collection: Starting from AED 8.8 million<\/p>\n\n\n\n

3 – 4 Bedroom Front Row Collection: Starting from AED 9.4 million<\/p>\n\n\n\n

The development is Mondrian\u2019s first beachfront residential project in the region. Infused with a bold design DNA crafted by world-renowned architects Gensler and interior specialists Bergman Design House, the development is situated moments from the region’s fastest-growing entertainment hub.<\/p>\n\n\n\n

Residents will enjoy over 60,000 sq. ft. of curated amenities, including Fi\u2019lia by the Beach, the Residents\u2019 Sky Club, a fully equipped fitness studio with an outdoor gym, personal training studio and recovery zone, as well as multiple swimming pools. Homeowners will also have access to Mondrian\u2019s signature essential and on-demand services, along with an invitation to join Platinum Status within the Accor Owner Benefits Program.<\/p>\n\n\n\n

Haider Ibrahim, Sales Director at ELEVATE, added, \u201cFrom the very first release, buyer response has been exceptional, and the Sky Mansion sale reflects the calibre of clientele the project is attracting. Investors and end-users are drawn to the combination of beachfront positioning, branded living, and long-term upside driven by the Wynn destination next door. Phase 2 offers a rare opportunity to enter at this stage of the project, and we\u2019re already seeing strong interest across all collections.<\/p>\n","protected":false},"excerpt":{"rendered":"

ELEVATE, the visionary lifestyle real estate brand, has announced a landmark transaction at the Mondrian Al Marjan Island<\/p>\n","protected":false},"author":1,"featured_media":26768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.dubaimagazine.net\/wp\/wp-content\/uploads\/2026\/01\/Mondrian-Al-Marjan-Arial-600x433.jpg","fifu_image_alt":"","footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[334],"tags":[],"class_list":["post-26766","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"yoast_head":"\nELEVATE Sells AED 38 Million \u2018Crown Jewel\u2019 Sky Mansion at Mondrian Al Marjan Island Beach Residences - Dubai Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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