Arte Development
La Mer by ELIE SAAB
Al Marjan Island, Ras Al Khaimah
From AED 1,900,888
- Payment plan50/50
- HandoverQ1 2028
- Units1–4 BR · Villas, penthouses, apartments

Developer profile
Every Arte Development off-plan launch on Sovereign, with prices, payment plans and handover dates side by side.
About Arte Development
Arte Development, registered as ARTE Real Estate Development, is a UAE company chaired by Lalit Goel, with Ajay Goel as chief executive. Its leadership brings experience from chartered accounting, law and design.
La Mer by Elie Saab on Al Marjan Island is its project: a branded waterfront scheme styled by the fashion house, with architecture by Dewan Architects and Engineers.
Off-plan
Arte Development
Al Marjan Island, Ras Al Khaimah
From AED 1,900,888
Where Arte Development builds
Al Marjan Island (1 Arte Development project)
What our data shows
50/50
Construction / handover split on 1 of 1 listed projects. Each project page shows its own milestones.
1
Listed handovers: 2028.
3
Apartment, Penthouse, Villa.
From Sovereign's project listings.
FAQ
Lalit Goel chairs the company and Ajay Goel is chief executive.
The designer Elie Saab, whose house styled the interiors.
Dewan Architects and Engineers.
Off-plan advice
Ask about current launches, payment plans and availability. We will be in touch.