Dubai-based developer Innovate Living is reportedly preparing to unveil a limited number of highly exclusive Ultra-luxury Sky Villa on Al Marjan Island in Ras Al Khaimah, with early speculation placing pricing at up to $100 million. The destination has been drawing growing interest from the world’s wealthiest buyers.

Early indications suggest the residences will be positioned directly on a private beachfront with panoramic sea views, presenting a rare opportunity for individuals seeking privacy, scale and long-term asset value.

Ras Al Khaimah has entered a pivotal phase as global hospitality brands, large-scale entertainment operators and international investors expand into the market, reshaping the coastline into one of the most closely watched property destinations in the UAE. Despite this momentum, no developer has yet delivered a residential proposition designed specifically for billionaire buyers, a segment operating beyond traditional high-net-worth demand.

That gap appears to be where Innovate Living and the ultra-luxury residential hospitality brand Omoria see a significant opportunity. Industry observers say both believe Ras Al Khaimah is positioned to become a coastal enclave reminiscent of Europe’s most refined Riviera pockets, defined by wealth concentration, seclusion and ultra-selective real estate assets. Innovate Living previously identified and delivered similarly positioned ultra-prime projects on Palm Jumeirah and various locations.

While official details have not yet been released, sources expect a highly controlled and discreet launch process, with ownership opportunities limited to a very small pool of pre-qualified buyers, consistent with the market segment the project appears to be addressing.

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Source: Khaleej Times 

19th December, 2025