RAS AL KHAIMAH, UAE – Filipino realtor Aquino Plotado has achieved a remarkable milestone by closing an AED 1 billion ($272 million) beachfront development project on Marjan Island, a prime location in Ras Al Khaimah. This landmark deal is adjacent to the UAE’s first-ever casino and reflects both the realtor’s expertise and the region’s growing hospitality and entertainment landscape.
According to a report by PhilStar, the project is one of the largest closed by a Filipino broker in the UAE, solidifying Plotado’s reputation in the highly competitive real estate market. Previously associated with fäm Properties, Plotado credited the collaboration with his former employer as pivotal in sealing the deal.
During his career, Plotado has earned recognition for handling high-value transactions, including the sale of luxury properties such as a spectacular AED 17-million penthouse in Danah Bay, fronting the upcoming casino.
“Focusing on Ras Al Khaimah was one of the smartest decisions I made,” Plotado told PhilStar. “It allowed me to build stronger relationships, gain unparalleled market knowledge, and serve clients with the highest level of expertise.”
On his Facebook page, Plotado shared his excitement about this achievement, describing it as “a milestone” that underscores his commitment to shaping the future of the UAE’s hospitality sector. He added, “I am proud to announce the successful closing of an AED 1 Billion beachfront development project on Marjan Island… This milestone not only underscores our commitment to excellence in the real estate sector but also cements our position as a leader in shaping the future of hospitality and entertainment in the UAE.”
This announcement has garnered significant attention on social media, with Plotado referring to his team as “perfect” for handling such high-ticket deals. His post celebrated the collaborative spirit that made this victory possible.
From luxury penthouses to large-scale development projects, Plotado’s achievements exemplify the aspirational success of Filipino professionals in international markets. His story also reflects his drive to give back to the community. Notably, Plotado previously donated PHP 1 million to his alma mater in the Philippines through philanthropic efforts, alongside providing essential equipment and cash support to students and teachers.
This success not only elevates Plotado’s standing but also highlights Ras Al Khaimah’s burgeoning appeal as a real estate hotspot, reinforced by projects like the Marjan Island development.