Karl Lagerfeld, AARK Developers announce ultra-luxury beachfront residences on Al Marjan Island, Ras Al Khaimah

Karl Lagerfeld and AARK Developers have signed a partnership to develop Karl Lagerfeld Residences, a luxury beachfront residential project in Ras Al Khaimah (RAK), ideally located on Al Marjan Island. The signing ceremony took place on December 10 in Paris at Karl Lagerfeld’s headquarters, in Karl Lagerfeld’s office, in the presence of Pier Paolo Righi, CEO of Karl Lagerfeld, and Rahul Kumar Gupta, Chairman of AARK Developers.

Valued at over $1.4 billion, the ultra-luxury waterfront development is scheduled for completion in 2028 and will deliver a collection of 663 sea-view residences. The portfolio includes one- to four-bedroom homes, with select residences featuring private pools. The development also comprises 20 podium villas, 10 ultra-exclusive sky villas and penthouses, and 11 rare beachfront villas, each with its own private pool.

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Residents will enjoy access to a fully curated lifestyle offering, including two signature cafés and restaurants, a destination beach club, and a dramatic sky bar with an infinity pool. The project will feature its own private beachfront stretching approximately 1,000 feet, creating an address defined by architectural excellence, exclusivity, and large-scale resort-style living.

Set within Ras Al Khaimah’s rapidly evolving development landscape, Al Marjan Island continues to establish itself as a luxury hub for tourism, hospitality, and entertainment. The outlook for the area is further strengthened by the upcoming Wynn Al Marjan Island integrated resort, scheduled to open in 2027 and expected to elevate the emirate’s global profile.

"This project marks a defining expression of how the Karl Lagerfeld universe can redefine modern living," said Righi. "With AARK Developers, we are creating a signature landmark on Al Marjan Island that brings Karl’s visionary design language into a breathtaking, large-scale residential experience. It is a project we are genuinely proud to share with the region."

Rahul Kumar Gupta, chairman of AARK Developers, added: "What brought AARK Developers and Karl Lagerfeld together is a shared commitment to detail, refinement, and creating spaces with purpose. We believe great design goes beyond aesthetics — it shapes how people feel, interact, and live. This project embodies that philosophy, offering a living experience rooted in quality, harmony, and enduring elegance."

This marks Karl Lagerfeld’s second branded residential project in the Middle East. A launch event in Dubai is planned for Q1 2026.