BNW Developments Celebrated as a Global Leader in Luxury Real Estate

BNW Developments, one of the UAE’s fastest-growing and most visionary real estate developers, is proud to announce its 2025 Luxury Lifestyle Awards victory, taking home the honor for Best Luxury Apartment Living for its standout project, Pelagia, located on the picturesque Al Marjan Island in Ras Al Khaimah.

Founded in 2021 by Chairman and Founder Ankur Aggarwal, recipient of the Elite Most Influential 2024 title and the Global Business Icon Award in Real Estate, along with Co-founder and Managing Director Dr. Vivek Anand Oberoi, a Forbes-listed entrepreneur and Emmy-nominated changemaker, BNW Developments has quickly earned a name for crafting refined, future-ready spaces that blend design, innovation, and luxury living.

Pelagia, the award-winning project, is currently under development and scheduled for completion in Q4 2027. Set on the tranquil shores of Al Marjan Island, Pelagia features a curated collection of 158 luxurious waterfront residences, including 1, 2, and 3-bedroom apartments, as well as two exclusive 4-bedroom penthouses. With panoramic views of the Arabian Gulf and seamless indoor-outdoor living spaces, Pelagia is designed to be a sanctuary of serenity and sophistication.

“We are deeply honoured to receive this award from Luxury Lifestyle Awards,” said Ankur Aggarwal, Chairman and Founder of BNW Developments. “Pelagia represents everything BNW stands for: unmatched elegance, impeccable quality, and a deep respect for how people want to live. This recognition reinforces our belief in creating experiences that endure far beyond the walls we build.”

The Pelagia development boasts an impressive suite of amenities, including a rooftop infinity pool, kids’ pool & splash pad, scenic rooftop pool bar, gourmet BBQ area, and indoor & outdoor kids’ play area.

In congratulating BNW Developments, Alexander Chetchikov, CEO of Luxury Lifestyle Awards and President of the World Luxury Chamber of Commerce, remarked: “We are thrilled to honour BNW Developments with this year’s award for Best Luxury Apartment Living. Pelagia is a shining example of architectural vision, lifestyle innovation, and coastal elegance. I extend heartfelt congratulations to the entire team at BNW for this well-deserved recognition.”

With a deep-rooted philosophy of building more than just structures, BNW Developments is shaping iconic destinations that represent aspiration, legacy, and lifestyle. BNW Developments continues to expand its impressive AED 20 billion portfolio of ultra-luxurious real estate projects, redefining the property landscape across the UAE.

Among its most ambitious recent unveilings is FashionTV Acacia by BNW Developments, launched during an exclusive industry showcase in Dubai hosted by the globally renowned Ania J, the “Voice of FashionTV.” This high-concept branded residence, located on Al Marjan Island, is a collaboration between BNW and FashionTV, seamlessly merging design-first living with global fashion culture. FashionTV Acacia offers 1 to 4-bedroom residences and penthouses, complete with immersive amenities such as sea-facing infinity decks, wellness sanctuaries, and private lounges. Reflecting FashionTV’s editorial sharpness and cultural rhythm, the project is not just architecture, it’s a philosophy of identity, expression, and future-forward living. Both Ankur Aggarwal and Dr. Vivek Anand Oberoi have emphasised the importance of Ras Al Khaimah as a rising global destination and how FashionTV Acacia perfectly captures the pulse of contemporary urban aspirations.

To learn more about Pelagia and BNW Developments, visit https://bnw.ae/en .