‘Crown Jewel’: ELEVATE sells Dh38 million sky mansion at Ras Al Khaimah’s Mondrian Al Marjan
Residents to enjoy over 60,000 sq. ft. of curated amenities
DUBAI – ELEVATE, the visionary lifestyle real estate brand, has announced a landmark transaction at Mondrian Al Marjan Island Beach Residences.
Just days after the project’s ground-breaking ceremony, the development’s “Crown Jewel” – an ultra-exclusive sky mansion – sold for Dh38 million (USD 10.35 million).
The record-breaking sale sets a new benchmark for ultra-luxury real estate in Ras Al Khaimah. The trophy property, representing the pinnacle of beachfront living in the Northern Emirates, sold within hours of release, highlighting the strong appetite for high-end branded residences next to the upcoming $5.1 billion Wynn Resort.
Sky mansion design
Spanning nearly 10,000 sq. ft. across three levels, the Sky Mansion is a masterpiece of design. It features 28-foot ceiling heights, floor-to-ceiling windows, and private outdoor living spaces, including a roof garden and infinity pool. The residence offers panoramic ocean views and vistas of Wynn Al Marjan Island, delivering an unparalleled luxury living experience.
Zeeshaan Shah, Founder & Chairman of ELEVATE, commented, “The sale of our Sky Mansion at Dh38 million is a defining moment for Mondrian Al Marjan Island Beach Residences and Ras Al Khaimah’s luxury real estate market. With limited inventory and Phase 2 EOIs officially open, demand continues to outpace supply. Buyers recognise this development as both a residence and a lifestyle investment in one of the UAE’s fastest-growing destinations.”
Phase 2 release
With strong demand from international investors and end-users, ELEVATE has released details of remaining inventory and starting prices for Phase 2:
- 1-3 Bedroom Residences: Starting from Dh2.7 million
- 3-5 Bedroom Sky Collection: Starting from Dh8.8 million
- 3-4 Bedroom Front Row Collection: Starting from Dh9.4 million
The Mondrian Al Marjan Beach Residences is Mondrian’s first beachfront residential project in the region. Designed by Gensler with interiors by Bergman Design House, the development is located close to Ras Al Khaimah’s fastest-growing entertainment hub.
Amenities & lifestyle
Residents will benefit from over 60,000 sq. ft. of curated amenities, including Fi’lia by the Beach, the Residents’ Sky Club, a fully equipped fitness studio with outdoor gym, personal training studio, recovery zone, and multiple swimming pools. Homeowners will also enjoy Mondrian’s signature essential and on-demand services and Platinum Status in the Accor Owner Benefits Program.
Haider Ibrahim, Sales Director at ELEVATE, added, “From the first release, buyer response has been exceptional. 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 from the Wynn destination next door. Phase 2 offers a rare opportunity, and interest is already strong across all collections.”
Sales information
Phase 2 EOIs are now being accepted. For enquiries, contact Haider Ibrahim at Haider@liveelevated.com or visit the official website.