Tissoli Signs Historic Agreement with Pininfarina to Bring Palazzo Tissoli to Al Marjan Island valued at AED 1.2 Billion

Marks the First Pininfarina Architectural Project in Ras Al Khaimah

Dubai, UAE – September 2025 – Tissoli, a real estate and investment collective redefining luxury living, has officially signed an agreement with world-renowned Italian design house Pininfarina to deliver Palazzo Tissoli, a landmark development on Al Marjan Island in Ras Al Khaimah valued at AED 1.2 Billion. This marks the first Pininfarina architectural project in Ras Al Khaimah. The partnership was inked at a signing ceremony held at Fairmont The Palm, in the presence of Khaled Assaf, Commercial Director of Marjan, Pooja Rathore, COO of Tissoli, Fabio Calorio, Senior Vice President of Pininfarina, and Umar Bin Farooq, Founder & CEO of One Broker Group (OBG).

Set along Al Marjan Island’s prime waterfront, Palazzo Tissoli introduces an unprecedented fusion of Italian design heritage and contemporary luxury. The development will feature fully furnished residences with panoramic views of the Arabian Gulf, and also in close proximity to the upcoming island’s iconic gaming and leisure destinations.

Speaking on the occasion, Arch. Abdulla Al Abdouli, CEO of Marjan , said: “We are thrilled to welcome Palazzo Tissoli to Al Marjan Island. This landmark project reflects the high calibre of collaborations that continue to power Ras Al Khaimah’s transformation into a world-class investment and lifestyle destination. Palazzo Tissoli will not only introduce a new dimension of design excellence but also further enhance Al Marjan I sland’s stature as a premium destination for luxury  living, global tourism and international investment.”

Palazzo Tissoli is the flagship project from Tissoli’s ambitious development pipeline. Reflecting on the milestone, Pooja Rathore, COO of Tissoli, said: “Palazzo Tissoli is the embodiment of our vision to create places that inspire, elevate, and redefine modern living. We are extremely proud to partner with a globally renowned design house like Pininfarina to bring this vision to life through our flagship project. Palazzo Tissoli will be an architectural marvel that blends art with life, design with function, and tradition with modernity. With its striking architecture, resort-style amenities, and a philosophy rooted in community, Palazzo Tissoli sets a new benchmark for branded living on Al Marjan Island.”

Drawing inspiration from the geometric beauty of Ras Al Khaimah’s Hajar Mountains, Palazzo Tissoli reflects Pininfarina’s 95-year legacy of design excellence. The design powerhouse is one of the world’s leading designers of branded spaces and will be designing the Palazzo Tissoli as their first architectural masterpiece in RAK. With a portfolio of more than 1,950 projects worldwide, Pininfarina brings its signature philosophy of uniting beauty with performance, balancing art with industry, and tradition with innovation, creating residences that embody timeless Italian style and precision.

Commenting on the partnership, Fabio Calorio, Senior Vice President of Pininfarina, added “We are delighted to partner with Tissoli on this landmark project. For more than 95 years, Pininfarina has pursued the perfect balance of beauty and performance across architecture, automobile design, and cultural icons. Palazzo Tissoli is a unique opportunity for us to bring this heritage to the emerging emirate of Ras Al Khaimah. With this project we will be translating our Italian DNA into a project that reflects both the natural beauty and the dynamic lifestyle that is evolving in Al Marjan Island. Every detail has been crafted to offer residents a home that is not only functional but also an authentic expression of Italian design excellence.”

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About Tissoli

Tissoli is a real estate and investment collective dedicated to creating world-class spaces that merge design excellence with modern living. Guided by values of authenticity, craftsmanship, creativity, and sustainability, the brand collaborates with leading architects, designers, and operators to deliver timeless residences in prime destinations. With a vision to set new benchmarks in luxury and lifestyle, Tissoli continues to shape communities that inspire and set new standards for contemporary living.

About Pininfarina

With over 95 years of design heritage, Pininfarina stands as one of the world’s most prestigious design houses, having completed more than 1,950 projects worldwide. As a 360° design house, Pininfarina has shaped icons across architecture, product design, and cultural landmarks. The company’s legacy lies in uniting beauty with performance, balancing art and industry, tradition and innovation, elegance and sportiness.

Marjan is the master-developer of freehold property in Ras Al Khaimah, responsible for path-breaking developments such as Al Marjan Island aimed at positioning Ras Al Khaimah as one of the region’s leading tourism and investment destinations. Mandated with developing waterfront, urban and mountain destinations that will add to the competitiveness of the Emirate, Marjan’s strategic master-planning approach is to leverage Ras Al Khaimah’s natural assets and lay the foundations of the Emirate’s future expansions. Through its world-class master-planned communities in Ras Al Khaimah, Marjan attracts foreign investment as well as international visitors and positions the Emirate as a strong investment and tourism hub.

Media Contact: pr@pixl.ae