UAE developer Elevate has announced that it has awarded a key piling and foundation works package for its premium development in Ras Al Khaimah – Mondrian Al Marjan Island Beach Residences – being set up at a total investment of AED1.8 billion ($490 million).

The appointment of Pinnacle Piling reflects continued momentum on site, with shoring works already completed and the project progressing ahead of its construction programme. 

The contract award signals Elevate’s continued confidence in both the long-term fundamentals of the UAE real estate market and the exceptional growth trajectory of Al Marjan Island.

Pinnacle Piling brings more than 35 years of specialist geotechnical and foundation expertise to the project, having delivered some of the region’s most technically demanding developments.

Zeeshaan Shah, Founder and Chairman of Elevate, said: “We were the fastest-selling project on the island and now we are setting the pace in construction too. That is exactly how we want to be judged – the strength of both our vision and our execution.”

Sai Kumar, Chairman and Owner of Pinnacle Piling, said: “We are proud to continue our partnership with Elevate on Mondrian Al Marjan Island Beach Residences and to play a key role in delivering this landmark development. The project has progressed strongly on site, with the shoring phase now successfully completed and our teams fully mobilised.”