In a strategic move that brings the quintessential Manhattan’s qvibe to the shimmering shores of the Emirates, Clédor has announced a landmark partnership with Arthouse Hotel NYC, the century-old hospitality icon best known for its cultural cachet and timeless elegance. Located on the iconic Al Marjan Island in Ras Al Khaimah, the newly unveiled Al Marjan Arthouse is valued at AED 400 million and marks Arthouse’s first residential venture outside the United States.
"Today’s signing marks the beginning of a powerful collaboration rooted in excellence, heritage and innovation," said Omar Gull, Founder & Chairman of Clédor. "We are excited to partner with Arthouse Hotel NYC to bring a legacy of refined, artistic living into the heart of one of the UAE’s most dynamic communities. Al Marjan Island is already a powerhouse for leisure and entertainment, attracting visitors and investors from around the globe. With Arthouse, we aim to add a new cultural layer — a place where art and hospitality live side by side."
Where many branded residences lean into overt opulence, Arthouse offers a unique charm - a New York sensibility defined by tactile textures, curated art and the nostalgic echo of jazz-soaked evenings. From French 1920s elevator systems to antique fireplaces and gallery-inspired interiors, Arthouse Hotel NYC has long served as a creative sanctuary. Bringing that legacy to the Middle East marks a new chapter in design-led luxury living.
What distinguishes Al Marjan Arthouse, apart from its elevated design is its bold financial vision: average unit prices are expected to exceed AED 14 million, with projected investor returns of over 150%. As Ras Al Khaimah continues its transformation into a cultural and lifestyle destination, Al Marjan set to become a benchmark for next-generation luxury.
For Karim El Aqabi of Arthouse NYC, the UAE was a natural choice. “We chose the UAE - and Al Marjan Island in particular for its strong real estate growth, visionary leadership, and forward-thinking ethos. This is Arthouse’s first step beyond the U.S., and the beginning of a lasting legacy. More projects from our portfolio will follow.”
Backed by strategic partner Prospect and supported by Marjan, the island’s master developer, Clédor’s venture signals a fresh era for the branded residence market, one that speaks to affluence, and more importantly to artistic sensibility and timeless living.
“We are welcoming not just a project, but a philosophy,” said Arch. Abdulla Al Abdouli, CEO of Marjan. “Arthouse reflects our commitment to building a world-class destination — one defined by architectural excellence, cultural richness, and a premium quality of life.”
With a development pipeline now valued at over AED 2.1 billion, Clédor is poised to be a champion in reimagining branded residences, offering curated lifestyles where creativity is celebrated, and homes are a sanctuary for meaningful living.
related posts
.jpg)
