AARK Developers appoints One Broker Group as exclusive sales partner
The signing ceremony marks a significant milestone for all three parties and reinforces Al Marjan Island’s growing position as a global destination for branded, lifestyle driven real estate investments
One Broker Group (OBG) has been appointed as the Exclusive Sales Partner for AARK Developers’ latest landmark residential project on Al Marjan Island. This project, branded by KARL LAGERFELD, marks a significant milestone for all three parties involved, the statement said.
Expressions of interest are now open, with anticipated demand from regional and international buyers. These buyers are seeking design-led residences that offer lifestyle differentiation and long-term value in one of the UAE’s main waterfront destinations.
While Al Marjan Island has previously welcomed branded residential developments, this project stands out as the first fully managed fashion-house-branded residence on the island. It sets a new benchmark for professionally managed, design-led living, combining architectural integrity and long-term investment value, it added.
“This project represents an important evolution of KARL LAGERFELD’s residential portfolio in the region,” said Pier Paolo Righi, CEO, KARL LAGERFELD. “It reflects our commitment to translating Karl’s visionary design language into a breathtaking large-scale residential experience.”
Rahul Kumar Gupta, Chairman of AARK Developers commented, “This project represents a defining moment for Al Marjan Island. Partnering with the KARL LAGERFELD brand allows us to introduce a fully managed, fashion-house-branded residential concept that elevates both the lifestyle offering and investment proposition. Appointing One Broker Group as our exclusive sales partner ensures the project is positioned and executed with the level of market expertise and international reach this development deserves.”
Umar Bin Farooq, Founder & CEO, One Broker Group added, “We are extremely proud to be appointed as the exclusive sales partner for this landmark development. The KARL LAGERFELD brings global credibility and lifestyle appeal, and together with Al Marjan Island’s evolution and proximity to Wynn Resort, this represents a highly compelling investment opportunity for both end-users and investors.”
With views toward the upcoming Wynn Resort, the development valued at over US $1.4bn, offers direct beach access, close proximity to the resort, and more than 50 lifestyle amenities. Anchored by KARL LAGERFELD brand and a curated residential experience, the project benefits from Al Marjan Island’s growth, supporting strong long-term investment potential. Comprising over 600 sea-facing residences, the development represents a landmark waterfront investment of significant scale, the statement concluded.
