In a significant move for the UAE's luxury real estate sector, the iconic fashion house KARL LAGERFELD has entered a landmark partnership with AARK Developers. The collaboration aims to develop the exclusive KARL LAGERFELD Residences, a premium beachfront project on Al Marjan Island in Ras Al Khaimah (RAK).
A Signature Partnership Sealed in Paris
The official agreement was signed on December 10th at the historic KARL LAGERFELD headquarters in Paris, within the late designer's own office. The ceremony saw the presence of key figures: Pier Paolo Righi, CEO of KARL LAGERFELD, and Rahul Kumar Gupta, Chairman of AARK Developers. This partnership marks the brand's ambitious foray into creating a large-scale residential experience infused with its distinctive design philosophy.
Project Details: A $1.4 Billion Waterfront Haven
Valued at an impressive approximately USD 1.4 billion, the development is poised to redefine beachfront living in the Northern Emirates. Scheduled for completion in 2028, the project will deliver a total of 663 sea view residences. The offering is diverse, catering to various luxury needs:
- Residences ranging from one to four bedrooms, with select units featuring private pools.
- 20 podium villas, 10 sky villas/penthouses, and 11 exclusive beachfront villas, each with its own private pool.
Beyond private homes, residents will enjoy a curated lifestyle with amenities including two cafés and restaurants, a dedicated beach club, and a sky bar accompanied by an infinity pool. A standout feature is the project's own 1000-foot private beach, ensuring exclusivity and unparalleled access to the waterfront.
Statements of Vision and Mutual Commitment
Pier Paolo Righi, CEO of KARL LAGERFELD, emphasized the project's significance, stating it represents a defining expression of how the brand's universe can reshape modern living. He noted the collaboration with AARK Developers aims to create a signature landmark on Al Marjan Island, translating Karl Lagerfeld's visionary design language into a breathtaking residential experience they are proud to share with the region.
Echoing this sentiment, Rahul Kumar Gupta, Chairman of AARK Developers, highlighted the shared commitment to detail, refinement, and purposeful spaces that brought the two entities together. He expressed a belief that great design transcends aesthetics to shape how people feel, interact, and live, a vision fully embodied in this project rooted in quality, harmony, and enduring elegance.
Boosting Ras Al Khaimah's Profile
This development is strategically set within Ras Al Khaimah's rapidly evolving real estate landscape, where Al Marjan Island is cementing its status as a hub for tourism, hospitality, and entertainment. The area's appeal is further amplified by the upcoming Wynn Al Marjan Island integrated resort, expected to open in 2027. This major hospitality project is anticipated to significantly boost the emirate's international profile, creating synergistic growth for luxury developments like the KARL LAGERFELD Residences.
This project marks KARL LAGERFELD's second branded venture in the Middle East. The brands plan to host a launch event in Dubai in the first quarter of 2026, offering potential investors and clients a closer look at this unparalleled address defined by architectural prowess, limited availability, and resort-style living on a grand scale.
