Mandarin Oriental Residences Grand Cayman: New Pinnacle of Caribbean Luxury
An Unparalleled Luxury Destination
Developed by Melkonian Capital Management and RAL Companies, this exclusive enclave is poised to redefine the island’s high-end real estate and hospitality scene. Featuring the new Mandarin Oriental, Grand Cayman Hotel, this development brings the globally renowned brand’s signature elegance and service to one of the Caribbean’s most coveted destinations.
With completion anticipated in Q1 2028, Mandarin Oriental Residences, Grand Cayman represents the brand’s first new construction resort and residences in the Caribbean—a landmark project destined to set a new standard for ultra-luxury living and luxury real estate in Grand Cayman.
The Grand Unveiling: A Celebration of Excellence
On February 11, 2025, the much-anticipated groundbreaking ceremony took place marking the official launch of both public sales and construction. Attended by dignitaries from the Cayman Islands government, Mandarin Oriental Hotel Group, and development partners, the event celebrated the commencement of two distinct residential offerings:
The Beach House Residences:
A collection of 20 exquisite homes located atop the 91-key Mandarin Oriental resort, offering breathtaking oceanfront views and direct access to world-class amenities.
The Ocean House Residences:
A boutique collection of 22 private residences set along Grand Cayman’s iconic iron shore coastline, providing an intimate and tranquil retreat.
The Ultimate in Caribbean Luxury and Exclusivity
Mandarin Oriental Residences, Grand Cayman presents a rare ownership opportunity in a market renowned for its exclusivity. Residences start at $6 million USD, offering a lifestyle that seamlessly blends sophisticated indoor-outdoor living, panoramic ocean views, and expansive private terraces.
Residents will experience Mandarin Oriental’s legendary hospitality, including:
Concierge services tailored to individual lifestyles
World-class spa and fitness center
Exclusive infinity pools and private beach access
Gourmet oceanfront dining experiences
Diving, yachting, and curated marine activities
Visionary Leadership & Architectural Brilliance
The vision behind Mandarin Oriental Residences, Grand Cayman is driven by industry leaders dedicated to delivering an exceptional residential and hospitality experience.
Ryan Melkonian, Founder and Managing Partner of Melkonian Capital Management, emphasized the project’s significance, stating:
“Breaking ground on this luxury resort and branded residences with Mandarin Oriental is a significant step toward delivering an unmatched residential and hospitality experience in one of the Caribbean’s most sought-after destinations. Global demand has exceeded expectations, and we are proud to bring together world-class architects, designers, and builders to create this extraordinary destination.”
Ryan Melkonian, Founder and Managing Partner of Melkonian Capital Management
Spencer Levine, President of RAL Companies, echoed this sentiment:
“This milestone highlights the strength of the Grand Cayman market and the unique appeal of Mandarin Oriental’s five-star service. With an unparalleled location, sophisticated design, and the prestige of the Mandarin Oriental brand, these residences represent the pinnacle of Caribbean luxury.”
Spencer Levine, President of RAL Companies
A Natural Paradise with Unmatched Privacy
Nestled on 70 acres of pristine tropical forest at St. James Point, the residences offer an unparalleled sense of seclusion and serenity. With 2,700 feet of oceanfront and one of the highest natural elevations on Grand Cayman (35 feet above sea level), homeowners will enjoy breathtaking, uninterrupted panoramic views.
Mandarin Oriental Hotel Group’s Chief Development Officer, Francesco Cefalù, underscored the brand’s commitment to excellence, saying:
“Mandarin Oriental Residences, Grand Cayman will blend our heritage of craftsmanship with a modern vision of extraordinary residential hospitality. In partnership with Melkonian Capital Management and RAL Companies, we are proud to introduce a new benchmark for luxury living in the Caribbean.”
Francesco Cefalù, Mandarin Oriental Hotel Group’s Chief Development Officer
An Icon of Prestige and Elegance
With its groundbreaking now officially underway, Mandarin Oriental Residences, Grand Cayman is set to become an icon of luxury living in the Caribbean. Combining stunning natural beauty, architectural brilliance, and Mandarin Oriental’s legendary service, this landmark development offers a once-in-a-lifetime opportunity for discerning homeowners seeking the epitome of refined island living.
For those in pursuit of uncompromising luxury, breathtaking oceanfront serenity, and the prestige of Mandarin Oriental’s world-class hospitality, Grand Cayman’s newest gem awaits.
For sales inquiries, please contact: Sales@MOResidencesGrandCayman.com
Melkonian Capital Management
Melkonian Capital Management (“MCM”) is a New York City-based SEC-registered investment management firm with a 30+ year successful track record of scaling and developing world-class businesses and real estate projects. MCM’s objective is to generate superior risk-adjusted returns for its investors over the long term while maintaining its reputation as a good corporate citizen. MCM utilizes a bottom-up, research-driven investment approach targeting well-vetted investment ideas to assemble a concentrated portfolio of high-conviction holdings across real estate and private equity.
RAL Companies
RAL Companies is an award-winning full-service real estate development firm with a 40+ year history of developing complex, high-profile projects nationally and internationally. Operating as principal owner/developer and owner's representative, RAL's experience spans residential, commercial, mixed-use, planned communities, resorts, hospitality, and other property types. While utilizing advanced processes and technologies, RAL prioritizes the experience, ingenuity, passion, and leadership of its multi-generational team to create assets with enduring value. Trophy properties, such as Zero Irving, have been recognized for excellence in development by the Urban Land Institute.
Mandarin Oriental Hotel Group
Mandarin Oriental is the award-winning owner and operator of some of the world’s most luxurious hotels, resorts, and residences. Renowned for creating outstanding properties, each destination reflects the Group’s dual Asian heritage, local culture, and unique design. Driven by a passion for the exceptional, every day, everywhere, the Group’s mission is to craft time-enriching experiences that transform the ordinary to the exceptional and guests to fans through its legendary service. The Group now operates 41 hotels, 12 residences, and 26 exceptional homes in 26 countries and territories with many more projects under development. Mandarin Oriental continues to drive its reputation as an innovative leader in luxury hospitality, delivering sustainable growth over the long term.