United Arab Emirates: Yesterday, the international Italian fashion house “Missoni” launched in the Emirate of Dubai its first residential project, “Moonstone Interiors by Missoni Residences”, which is located on Al Marjan Island, the Emirate of Ras Al Khaimah, and which is expected to become one of the most sought-after residential projects. In the United Arab Emirates.

The leading Italian brand "Missoni" is famous for its unique designs, which combine bold colors with exceptional graphics and shapes. Missoni is distinguished by its diverse luxurious furnishings and distinctive household appliances, in addition to its high-end furniture for resorts and residences. It also offers a harmonious mix and a high standard of living in the heart of its new project on the waterfront of Al Marjan Island in the Emirate of Ras Al Khaimah.

This luxury residential project came as a result of strategic cooperation between the “Durar” Group, which specializes in real estate development in the UAE, the “Fortune 5” Emirati company, which specializes in developing and marketing real estate, and the “Okta” company, which specializes in the field of real estate development management. This luxury project on the seafront of Al Marjan Island, which features touches of the famous Italian fashion house “Missoni”, is expected to open in 2026. The project includes a variety of residential units with unique interior designs and wonderful panoramic views of the beach, starting from studios all the way to spacious apartments. And five-bedroom villas, which will give this project exceptional appeal to the emirate.

In this regard, Livio Broli, CEO of the famous Missoni brand, said: “We are pleased to cooperate with Okta Real Estate Development Company in designing this new project to add a touch of unique luxury to the beaches of the Emirate of Ras Al Khaimah. The real estate sector scene continues to grow in the Emirate of Ras Al Khaimah.” Al Khaima, and we are pleased to be part of this project, which is characterized by offering great capabilities and opportunities that enhance the real estate market in the emirate.”

The “Moonstone Interiors by Missoni Residences” project will include a group of wonderful resort and hotel-style entertainment facilities that will include: “a swimming pool, a seating lounge designated for residents on the ground floor promenade, in addition to a second swimming pool on the roof of the fourteenth floor, offering stunning panoramic views.” With a magical sunset view, the project will also contain a gym, spas for men and women equipped with steam rooms and saunas, in addition to the multi-functional “Sky Residences” hall overlooking the Arabian Sea. It will also include a large hotel entrance and four retail stores to enhance commercial options. On Al Marjan Island.

Okta, a development management company with extensive experience in exclusive sales and marketing, will handle the exclusive marketing and sales of the residential units of the famous Missoni project on Al Marjan Island, Ras Al Khaimah.

In turn, Mohammed Miqdadi, General Manager of Durar Group, said: “The Moonstone Interiors by Missoni Residences residences on Al Marjan Island represent a wonderful opportunity for the residents of the Emirate of Ras Al Khaimah, and will contribute to attracting many investors and residents who are looking to raise the level of their lifestyles. It will also create a destination “New and unique with an unprecedented style for the public in one of the most sought-after places in the emirate.”

Prem Mohandas Gopalani, CEO of Fortune 5, also added: “We are proud to unveil this wonderful new real estate project in the Emirate of Ras Al Khaimah in partnership with a famous iconic brand like Missoni. The Missoni brand is the embodiment of bold design, refined luxury, and attractive colors. And attention to detail, which will be the unique touches that will appear in the interior designs of the “Moonstone Interiors by Missoni Residences” project on Al Marjan Island.”

Fawaz Souss, CEO of Okta Real Estate Development Company, concluded: “We are pleased to cooperate with the Durar Group and Fortune 5 to develop the Moonstone Interiors by Missoni Residences. We are also pleased with the opportunity to cooperate with the famous Missoni brand again, which is a brand "International and widely respected."

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About the Missoni brand:

The famous Italian fashion house, Missoni, was founded in Gallarate, Italy in 1953 by Ottavio and Rosita Missoni. The brand is known for its unique, sinuous patterns and colorful knitwear designs. Today, the influence of this historic brand extends into multiple areas, including the world of fashion, homewares and accessories. In addition, its exclusive partnerships include designing luxury residences and creating beach clubs in the most desirable locations around the world.

About Durar Group:

Durar is a leading real estate development company in Dubai, with a proven track record and years of experience. Durar specializes in developing high-quality projects in the residential, commercial, and industrial real estate sectors. Durar's team of experts brings together their extensive knowledge and experience, in order to create exceptional spaces that meet the diverse needs of their clients, which will contribute to the transformation of the real estate landscape in the United Arab Emirates.

About Fortune 5 Company:

Fortune 5 was founded in 2008 by three prominent entrepreneurs, each of whom has core interests in Dubai's vibrant real estate sector. The company is distinguished by its specialization in the fields of real estate investment, development and sales, and has built a diversified portfolio through which it has achieved great successes in the housing and commercial sectors in the United Arab Emirates. Fortune 5 also provides a comprehensive and integrated solution with its extensive experience to developers and investors.

© Press Release 2023