Sora Beach Residences by Aark Developers unveiled to thunderous applause at landmark launch event
Aark Developers has officially unveiled Sora Beach Residences—an architectural marvel on Al Marjan Island, Ras Al Khaimah—during a grand launch event that brought together over 1,500 top real estate brokers, investors, and industry thought leaders from across the UAE. The unforgettable evening, hosted at the magnificent Dubai Ballroom at JW Marriott Marquis Hotel Dubai, marked the arrival of what is already being hailed as the next big thing in beachfront living.
In a night designed to dazzle, guests were treated to an immersive experience—from a cinematic project reveal to electrifying live performances and high-tech interactive showcases that allowed brokers and buyers a first glimpse into what awaits at Sora Beach Residences.
The highlight of the evening was the dramatic reveal of the project's architectural model, which captivated the audience with its ambitious scale and intricate design. The model showcased Sora Beach Residences' impressive features, including an expansive 1000 ft.
private beach, a dramatic 138-foot-tall atrium—the largest in the region—and an array of signature design elements. Brokers and attendees alike were left in awe, many declaring it one of the most remarkable project unveilings they had ever witnessed.
Conceptually designed by renowned Japanese firm Nikken Sekkei and featuring interiors by UK-based design visionary Shalini Misra, Sora Beach Residences isn't just another development—it's a global design collaboration that's already capturing the imagination of the UAE's real estate elite.
'This isn't just a launch—it's a movement,' said Mr. Rahul Kumar Gupta, Chairman of Aark Developers. 'Sora Beach Residences is our bold vision for what beachfront luxury should be. The turnout tonight is a clear sign: the market is ready—and excited.'
Arch. Abdulla Al Abdouli, CEO of Marjan, commended the development, stating: "Sora Beach Residences is not just another beachfront project; it's a benchmark for what can be achieved on Al Marjan Island.
This development exemplifies a unique fusion of visionary architecture and world-class amenities, shaping Ras Al Khaimah's future as one of the region's most desirable destinations for both investors and residents. Congratulations to Aark Developers for bringing this iconic project to life."
As the evening unfolded amidst a palpable sense of excitement, it became clear that Sora Beach Residences has enthralled the real estate sector, marking its emergence as an iconic development on Al Marjan Island. From its exclusive location and curated design to the overwhelming response from the broker community, Sora Beach Residences is more than a project—it's the beginning of a new era in luxury living.
Book Your Unit Today | Contact
[email protected]
for more details.
Experience the buzz. Be among the first to own a piece of beachfront brilliance.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
6 hours ago
- Zawya
Nomo Bank expands property finance team with two strategic hires
Nomo, the world's first digital Sharia'a-compliant cross-border bank, today announces the expansion of its property finance team with the appointment of Jeton Asani and Steven Griffiths as Business Development Managers. These latest appointments will enhance Nomo's ability to deepen relationships with broker partners, allowing the bank to continue providing UK property finance to residents in Gulf Cooperation Council (GCC) countries. Jeton Asani joins with over 17 years of experience in the financial and mortgage industry and brings a strong track record in revenue growth, strategic partnerships, and delivering client-first solutions. A recipient of the British Mortgage Awards in 2017, Asani is excited to support Nomo's bold vision of redefining Islamic digital banking through innovation and ethical finance. Steven Griffiths brings a dynamic background in fintech and mortgage leadership. Having built a successful mortgage brokerage at the age of 22, he has since led high-performing sales teams and developed B2B channels for market-disrupting startups. Away from his work, Griffiths is a dedicated music lover and keen sportsman. Both share a strong commitment to working collaboratively with brokers, building long-term partnerships and delivering seamless Sharia-compliant cross-border solutions for Nomo's clients. They join at an exciting time for the bank, which just reported its best three months on record for completions. Nomo enables residents in the GCC to manage their entire UK property finance journey digitally from application to completion, with the bank's focus on technology enhancing speed, transparency, and accessibility for clients and brokers alike. Paul Szumilewicz, Chief Commercial Officer, Bank of London and The Middle East, said: 'Nomo is redefining how clients across the GCC access UK property finance. These appointments reflect our ongoing investment in talent and broker partnerships as we continue to scale our cross-border offering and deliver best-in-class, digital, Sharia-compliant solutions to our clients in the GCC.' Jeton Asani, Business Development Manager, Nomo Bank, said: 'What drew me to Nomo is its bold vision to redefine Islamic digital banking with a truly global, tech-focused approach. I'm excited to bring my experience in strategic partnerships and revenue growth to support our broker community and expand our reach in the UK property market.' Steven Griffiths, Business Development Manager, Nomo Bank, said: 'My background in mortgage brokering and scaling fintech startups aligns perfectly with Nomo's digital mission. I'm looking forward to building stronger relationships with brokers and contributing to the bank's ongoing success.' About Nomo Bank: Nomo is the world's first digital Sharia-compliant cross-border bank built for Middle Eastern customers who seek a global banking experience. It is part of Bank of London and The Middle East plc (BLME), a subsidiary of Boubyan Bank. Nomo makes international banking and investments easier for residents and citizens of the Middle East. Nomo is headquartered and built in the world's banking capital, London, and applies cutting-edge technology to innovative digital solutions for its customers. To know more, visit For further information please contact: Giulio Centurione, nomo@
Arabian Post
7 hours ago
- Arabian Post
Ethereum-Based Meme Coin Pepeto Secures $6.09M in Presale
A new Ethereum-based meme coin, Pepeto, has raised more than $6.09 million in its presale stage, signalling a strong demand and growing investor confidence in the project. The surge in funding comes as the cryptocurrency market continues to attract speculative investments, with meme coins often riding waves of social media trends and community-driven hype. Pepeto, which launched its presale only a few weeks ago, is quickly gaining traction among crypto enthusiasts and investors. Its presale has been characterised by significant interest, with the project's unique branding, which mimics the success of other meme tokens, such as Dogecoin and Shiba Inu, being one of the driving factors. The coin, a derivative of the meme-driven cryptocurrency ecosystem, appears to be tapping into a burgeoning market for low-cost, high-risk investment opportunities. The presale phase, which is expected to reach its ninth stage soon, represents a crucial point for the token's developers and backers. Ethereum-based tokens are particularly favoured for their robust network and security features, and the increasing popularity of meme coins on this platform makes Pepeto an attractive option for investors looking for the next breakout opportunity in the highly volatile crypto space. ADVERTISEMENT Unlike other meme coins, which rely heavily on viral marketing campaigns and online communities, Pepeto has garnered attention through strategic partnerships and a steady stream of community engagement. By focusing on building a loyal following through transparency and open communication, the Pepeto team has managed to create a sense of trust among early investors, a key factor in the coin's rapid success. While the coin's development team remains tight-lipped about the specifics of its long-term roadmap, experts believe that meme coins' reliance on social media-driven hype can be both a strength and a vulnerability. The ability of a coin like Pepeto to maintain momentum and deliver real utility beyond mere speculation will determine whether it can break free from the boom-and-bust cycles that have plagued other meme coins in the past. As the presale enters its final stages, the token's backers are already planning its full public launch, which is expected to bring even more attention to the project. However, the risks associated with investing in meme coins are well known, and many market observers have cautioned investors to exercise caution. Pepeto's success thus far is a reflection of the broader trend in the crypto market, where meme tokens continue to garner attention and attract speculative investment. The explosive growth of tokens like Dogecoin and Shiba Inu has led to a proliferation of similar projects, all vying for a slice of the highly profitable, yet highly volatile, crypto market. Critics argue that the speculative nature of meme coins poses a significant risk to investors, particularly as the market experiences periods of high volatility. Given the short-term focus of many meme coin investors, the long-term sustainability of projects like Pepeto remains uncertain. However, the project's ability to raise funds at this stage is indicative of the appetite for risk among crypto investors. In parallel, some cryptocurrency analysts believe that the boom in meme coins could be indicative of a broader trend towards decentralised finance and the growing interest in community-led projects. Pepeto's success, however, will depend on how well it can transition from a meme-based speculative asset into a coin with genuine value.
Zawya
7 hours ago
- Zawya
Sterling edges up to highest level since July on rate outlook
The pound rose to three-week highs against the dollar on Wednesday, as investors grew increasingly convinced that U.S. interest rates are likely to fall more quickly than British ones, following a benign reading of U.S. inflation. Data on Tuesday showed U.S. consumer prices rose by an annual 2.7% in July, compared with expectations for 2.8%. An underlying measure of inflation that excludes food and energy rose more quickly than forecast, up 3.1% year-on-year, versus expectations for a rate of 3%, reflecting the increased cost of some goods and services, as tariffs started to kick in. Sterling, which has gained 8.3% this year against the dollar, was last up 0.5% at $1.3569, having hit a session peak of $1.3578, the most since July 25. The pound has risen by nearly 2.4% in August against the dollar, which, if maintained, would be the largest monthly increase since April. Money markets show traders fully expect the Federal Reserve to lower borrowing costs in September and see a strong possibility of further easing by year-end, following the CPI data. Last week's employment report showed the U.S. economy created far fewer jobs than expected between May and July, putting a September rate cut firmly on the table. In contrast, UK labour data on Tuesday showed weakness in hiring but persistent wage growth, a positive for British consumers but a headache for the Bank of England, which is juggling the risks of a slowing economy and stubborn inflation. The BoE last week cut rates, but signalled concern over the outlook for UK inflation. Traders now think the next BoE cut might only come in November. If both scenarios play out, UK rates would end the year roughly on a par with U.S. ones, around 3.7-3.8%, which, in theory, removes some of the dollar's competitive advantage against sterling. Next up for UK markets is gross domestic product data on Thursday, which economists expect to show the UK economy expanded by 0.1% in the three months to June, compared with an expansion of 0.7% in the first quarter, based on data from the Office for National Statistics. "Sterling's resilience underscores how sensitive the currency is to rate expectations. Tomorrow's flash Q2 GDP report is the next hurdle; we expect a slight uptick in quarterly growth, but any disappointment could prompt a reversal in recent gains," analysts at Monex said.
