Summary of "Arthouse Residences by Cledor | Marjan Island"

Arthouse Residences by Cledor Developers

The video presents the Arthouse Residences project by Cledor Developers, located on Marjan Island, Ras Al Khaimah (RAK), UAE. Below are the key highlights and lifestyle features of the development.

Company Background & Previous Projects

Cledor Developers is a relatively new company founded by Omar Gul, backed by a strong team with prior industry experience. Their previous successful projects include:

Woodland Residences: Lamborghini-branded villas in RAK, sold out within 4 days.
Velorus Lowrise: Boutique residential building in Al Furjan, also sold out.

Arthouse Residences Overview

A branded residential apartment project linked to the famous Arthouse Hotel in New York City.
Located near the upcoming Win Casino on Marjan Island, part of a major tourism and entertainment development expected to significantly boost property values by 2027.
Close proximity to public beaches, Marjan Beach Club, and large parks managed by Cledor.
Excellent connectivity via Emirates and Etihad airlines, with a 45-minute drive from Dubai.

Project Features & Amenities

The building consists of a basement, ground floor with a double-height lobby, podium, and nine residential floors. Key features include:

Two retail outlets (pharmacy and grocery) already sold.
High-quality finishes and hotel-standard interiors.
Amenities:
- Large 35m swimming pool designed to mimic a private beach.
- Children’s play area and splash park.
- Sunken bar and mini golf.
- Adults-only rooftop pool (15m), cigar lounge, yoga area, fitness center, barbecue area.
- 24/7 resident cafeteria.
- Spa facilities including steam room and sauna.
Optional hotel-style services available on demand (housekeeping, à la carte services) without mandatory service charges.

Apartment Types & Pricing

Four apartment types are available:

Studios: Sold out; designed like hotel rooms (~350 sq ft).
One-bedroom units: Most numerous, ranging from 657 to 700 sq ft, priced between AED 1.5M and 1.99M.
One-bedroom plus study: Available with additional space.
One-bedroom plus study duplexes: Offering unique loft-style living (~1,700 sq ft) with multiple bathrooms.

Partial sea views are possible from corner units, but full sea views are not guaranteed.

Investment & Rental Options

Flexible rental options include annual, semi-annual, holiday home, or management by Arthouse as rental pool or short-term rentals. Rental management fees are as follows:

Holiday home: 20% commission to manager, 80% to owner.
Rental pool: 30% commission to manager, 70% to owner.

Payment plan:

10% on booking
10% within 15 days
20% on SPA execution
10% every 6 months
40% on handover (Q4 2027)

Booking requires only a small admin fee of AED 5,250.

Location & Market Outlook

Marjan Island is gaining prominence due to the upcoming Win Casino, expected to be the world’s third largest after Las Vegas and Macau.
Tourism is projected to double or triple by 2027, creating strong demand for accommodation.
Infrastructure improvements are underway, including airport expansion and highway access.
Current property prices are attractive with strong growth potential anticipated.

Notable Locations & Brands

Marjan Island, Ras Al Khaimah, UAE
Win Casino (upcoming major attraction)
Arthouse Hotel (New York City-based luxury hotel brand)
Emirates and Etihad airlines (connectivity)
Previous projects: Woodland Residences (Lamborghini Villas), Velorus Lowrise (Al Furjan)

Speakers & Contacts

Presentation by Cledor Developers’ sales manager, a longtime industry professional.
Video host offers direct contact for bookings and further information, available in Dubai or via Zoom internationally.