China Road and Bridge Corporation Wins $1.3 Billion Main Contract for JW Marriott Project in Ras Al Khaimah
2026-06-07 11:31
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en.Wedoany.com Reported - WOW Resorts has appointed China Road and Bridge Corporation (CRBC) as the main contractor for the JW Marriott Al Marjan Island Resort & Residences project on Al Marjan Island in Ras Al Khaimah. The project, with a total investment of $1.3 billion, includes a 264-room luxury hotel and 474 branded residential apartments, ranging from one- to four-bedroom units and penthouses. It will become the first JW Marriott branded residential development in the Gulf Cooperation Council (GCC) region.

The project is designed by Beverly Hills-based architect Tony Ashai, with Dubai-based Architecture Design Unit (ADU) (led by Taseer Buchh) serving as the lead consultant. The project is expected to be completed in 2028. Bhupender Patel, co-founder and co-CEO of WOW Resorts, stated that the project has demonstrated strong buyer demand, with most units already sold. Prices have risen from approximately $816.88 per square foot at launch to as high as $1,307.01 per square foot for premium units. The project is expected to make a significant contribution to the local market, with prices potentially reaching $2,722.94 per square foot upon completion.

Bhupender Patel added that the developer has retained a portion of the inventory for future sales, and the penthouse units have not yet been released. These penthouses will offer a unique living experience with exceptional design and meticulous attention to detail. On-site contractor Edifice Middle East and exclusive sales partner One Broker Group are supporting the project. The development will feature a variety of hotel and leisure amenities, including seven restaurants, a spa, swimming pools, a fitness center, and a man-made lagoon.

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