The Emirati real estate development company 'Arda' has announced the official launch of construction for the Fairmont Residences and Fairmont Hotel on Coral Island in Ras Al Khaimah. This marks the beginning of one of the emirate's most anticipated waterfront projects. The project is being developed with investments of up to two billion dirhams. Foundation work is expected to be completed by April 2026, paving the way for the main construction phase, with the project set for handover as planned.
Construction Begins for Fairmont Project on Coral Island in Ras Al Khaimah
Emirati developer 'Arda' has launched the construction of the Fairmont Residences and hotel on Coral Island in Ras Al Khaimah, a two-billion-dirham investment. Foundation work is set for completion by April 2026.