Nikki Beach & Aldar: Luxury Waterfront in Ras Al Khaimah.

Ocean views and access to a renowned club house, spa, fitness centre, and retail establishments are features of properties with the Nikki Beach Global brand.

Aldar Properties (‘Aldar’) and Nikki Beach Global (‘Nikki Beach’), a premium lifestyle hospitality corporation well known for its upmarket branded apartments, beach clubs, and resort concepts, have announced their partnership in Ras Al Khaimah, United Arab Emirates. This move could be of interest to those exploring Sharjah’s freehold properties.

As part of a bigger beachside community on Al Marjan Island, the cooperation will see the development of three branded residential structures by Aldar and Nikki Beach. Later this year, residential sales are anticipated to start.

Aldar’s thoughtfully planned living and Nikki Beach’s vibrancy and elegance will be combined to revolutionise coastal living in Ras Al Khaimah through the cooperation with Nikki Beach, which is recognised for delivering barefoot luxury, trendy, and comfortable lifestyle experiences.

Nikki Beach Residences, Aldar’s first residential project in Ras Al Khaimah, will be tucked between the DoubleTree by Hilton Resort & Spa Marjan Island and the Rixos Bab Al Bahr, both of which Aldar will purchase in 2022.

Aldar Development’s chief executive officer, Jonathan Emery, stated: “As Aldar continues to increase its presence in Ras Al Khaimah, our cooperation with Nikki Beach is essential to creating an unrivalled residential offering in an emirate that is expanding as a centre for business and a tourist attraction.

Aldar’s aim to build enduring experiences and thriving communities matches nicely with Nikki Beach’s global reputation and track record in upmarket hospitality. We anticipate shortly announcing further information regarding the project.

Nikki Beach has established a solid brand name as an innovative luxury beach club concept that integrates the aspects of music, food, entertainment, fashion, film, and art into one. It was inspired by the vision of creator Jack Penrod and CEO Lucia Pernod. With 11 beach clubs, 5 hotels and resorts, branded apartments, a fashion business, special events, and Nikki Cares, a 501c3 non-profit organisation, the Nikki Beach idea has expanded beyond its original worldwide sites in the modern era.

This alliance, which is based on a shared commitment to innovation, quality, and customer focus, will combine Nikki Beach’s talent for designing distinctive, immersive experiences with Aldar’s experience building thriving communities to raise the bar for customer happiness.

The Nikki Beach Residences on Al Marjan Island are anticipated to transform coastal living in Ras Al Khaimah, and Jihad El Khoury, Chairman and CEO of Nikki Beach EMEA Hotels & Resorts, expressed his excitement about working with Aldar to realise this opulent and exciting concept.

Our partnership is a great fusion of Nikki Beach’s reputation for providing distinctive lifestyle experiences with Aldar’s expertise in developing thriving communities. These apartments will provide tenants with carefully designed living areas as well as the strong sense of neighbourhood that Nikki Beach is recognised for.

As the CEO of Nikki Beach Global, Lucia Penrod, said, “Nikki Beach Residences will give you the ability to own a piece of Nikki Beach in this bustling neighbourhood. We look forward to collaborating with Aldar on this fascinating property development.

We are very picky as we grow our international portfolio of properties, and we’re certain that Ras Al Khaimah is the perfect place to introduce our devoted clients to this brand-new style of living.

The completely furnished apartments at Nikki Beach Residences will include tastefully decorated living areas and sizable balconies that frame breathtaking views of the Arabian Gulf. The communal spaces will promote a special sense of belonging and shared experiences among residents, including a club house with a cafe and restaurant and a hospitality suite for holding events.

The development will also be the first wellness-oriented neighbourhood in Ras Al Khaimah to get the global FitWel healthy building accreditation, demonstrating Aldar’s dedication to creating communities that promote inhabitants’ wellbeing.

Aldar

With a diversified and sustainable operating strategy built around two primary businesses—Aldar Development and Aldar Investment—Aldar Properties PJSC is the foremost real estate developer, investor, and manager in the UAE.

Yas Island, Saadiyat Island, Al Raha, and Reem Island are just a few of Abu Dhabi’s most sought-after locations where Aldar Development has created integrated, livable, and prosperous communities. Aldar Projects, Aldar Ventures, and Aldar Egypt are the three businesses that make up this platform, which is in charge of developing Aldar’s approximately 69 million square metre land bank.

Aldar Projects is Aldar’s dedicated project delivery arm, and Aldar Ventures is in charge of managing its project management business.

With a portfolio of over AED 33 billion in investment-grade and income-generating assets spread across the retail, residential, commercial, hospitality, and logistics sectors, Aldar Investment contains Aldar’s core asset management operation.

Aldar Investment also oversees Aldar Education, Aldar Estates, and Aldar Hospitality and Leisure, three key platforms. Aldar Education encompasses the entirety of Aldar’s educational portfolio, including the nearly 33,000 students spread among 27 operated and managed schools, a growing network of 3,000 educators from over 100 different nationalities, and a Teacher Training Academy.

Aldar Estates combines Aldar’s retail operations with the company’s current residential and commercial real estate operations inside Provis and will also incorporate community management under a single integrated platform for property management. In addition to Ras Al Khaimah, Aldar Hospitality and Leisure is responsible for managing Aldar’s portfolio of hotel and leisure assets, which are centred on Yas Island and Saadiyat. It consists of Aldar’s 13-hotel portfolio, which totals more than 4,250 hotel keys and oversees operations at golf courses, beach clubs, and marinas.

Aldar is a successful, cash-generating company that generates recurrent revenues. Its shares are quoted on the Abu Dhabi Securities Exchange (stock ticker: ALDAR:UH), and it enjoys the backing of a wide range of shareholders. Aldar is dedicated to operating a long-term and sustainable business in order to continue delivering value to its shareholders. It operates in accordance with strong standards of corporate governance.

Nikki Beach Global’s Background

Nikki Beach, the first and original luxury beach club concept that mixes the aspects of food, entertainment, fashion, film, and art into one, was brought to the globe by business owners Jack and Lucia Penrod in 1998. With 11 beach clubs, 5 hotels and resorts, a fashion division, special events, and Nikki Cares, a 501c3 non-profit organisation, Nikki Beach has developed into a diversified, worldwide lifestyle hospitality organisation as it celebrates nearly 25 years in operation.

With relationships with some of the most well-known musicians and DJs in the world, stunning pop-ups during the Cannes International Film Festival, and a carefully curated fashion line available in Nikki Beach boutiques and an online store, Nikki Beach has become well-known.

Nikki Beach has introduced a number of on-site eating concepts, including Café Nikki, Escape, and Soul Lounge, as well as a deluxe spa and Tone Gym, across the expanding hotel business. The Nikki Beach Global team has several fresh concepts in the works as they continue to grow their hospitality footprint.

Miami Beach, Florida, Saint Tropez, France, Saint Barth, the Caribbean, Marbella, Spain, Koh Samui, Thailand, Mallorca, Spain, Ibiza, Monte Carlo, Monaco, Dubai, United Arab Emirates, Costa Smeralda, Italy, and Tivat, Montenegro are currently home to Nikki Beach beach clubs.

Every year, Nikki Beach opens a temporary outpost during the Cannes Film Festival in France and a pop-up lounge at the Porto Cervo Waterfront for the duration of the summer. The Hotels & Resorts branch features properties in Tivat, Montenegro; Santorini, Greece; Porto Heli, Greece; Dubai, United Arab Emirates; and Koh Samui, Thailand, with a hotel in Muscat, Oman, set to open soon.