Construction Begins at Mandarin Oriental Residences Grand Cayman

Melkonian Capital Management and RAL Companies today announced the official groundbreaking and public sales launch of Mandarin Oriental Residences, Grand Cayman which is destined to be the island’s most exclusive enclave.

Cayman Islands officials joined Mandarin Oriental Hotel Group executives and property owners on February 11 for the ceremony marking construction of two premium residential developments alongside the new Mandarin Oriental, Grand Cayman Hotel.

The Beach House features 20 upscale residences situated above the 91-room luxury resort, providing access to extensive world-class amenities. The adjacent Ocean House offers 22 custom-designed residences in a private building along Grand Cayman’s distinctive iron shore coastline.

Starting at $6 million USD, the development represents a limited ownership opportunity in one of the Caribbean’s most sought-after locations.

Scheduled for completion in Q1 2028, this marks Mandarin Oriental’s first new construction resort and residences in the Caribbean and is set to deliver an unparalleled level of luxury to the island.


Read the full press release below


Mandarin Oriental Grand Cayman. The Brand’s First Caribbean New-Build Resort and Residences

Melkonian Capital Management and RAL Companies today announced the official groundbreaking and public sales launch of Mandarin Oriental Residences, Grand Cayman which is destined to be the island’s most exclusive enclave featuring the new Mandarin Oriental, Grand Cayman Hotel.

Scheduled for completion in Q1 2028, the development marks Mandarin Oriental’s first new construction resort and residences in the Caribbean and is set to deliver an unparalleled level of luxury.



A groundbreaking ceremony, with representatives from Cayman Island government, Mandarin Oriental Hotel Group, and ownership in attendance, was held on Tuesday, February 11 which celebrated the construction commencement on two distinct residential offerings, The Beach House and Ocean House Residences.

The Beach House collection comprises 20 exquisite residences situated atop the 91-key ultra luxury resort complete with a comprehensive array of world-class amenities.





From L to R: Gustavo Rubio, Gregory Surabian, Amila Salihbasic, McKeeva Bush, David Zornitsky, Ryan Melkonian, Thomas Casciano, Dwayne Seymour, Jay Ebanks, Tiffany Cooper, Alexander Nick, Spencer Levine, James Maney, Albert Yeh Photo Courtesy of Mandarin Oriental Residences, Grand Cayman


Located along Grand Cayman’s iconic iron shore coastline next to the resort, The Ocean House collection features 22 uniquely designed residences within a private, boutique residential building.

Prior to official sales launch, strong momentum was driven solely by word of mouth, resulting in over 40% of residences being sold. Mandarin Oriental Residences, Grand Cayman offers the rare opportunity to own in one of the Caribbean’s most desirable destinations. The Residences are priced from USD$6 million.

“Breaking ground on this new luxury resort and branded residences with Mandarin Oriental is a significant step toward delivering an unmatched residential and hospitality experience on one of the most sought-after destinations in the Caribbean,

Global demand to date has exceeded expectations, and as we move forward with the public sales launch and construction, we are proud to unite renowned architects, designers, and builders with a storied hospitality brand to create this world-class destination.”

Ryan Melkonian, Founder and Managing Partner, Melkonian Capital Management.



The Residences showcase both indoor and outdoor living with sweeping ocean views, expansive private terraces, and elegantly appointed interiors.

Residents will enjoy access to Mandarin Oriental’s legendary hospitality and customised, concierge services in tandem with an extensive collection of award-winning wellness, culinary, and recreational amenities.

The property features a 1,000-foot secluded crescent beach, spa and fitness center, private infinity pools, diving and various marine activities, and multiple oceanfront dining concepts.

Nestled on 70 acres of thriving tropical forest at St. James Point on the island’s southernmost tip, Mandarin Oriental Residences, Grand Cayman provides unparalleled privacy within an already exclusive island community.

The property’s 2,700 feet of oceanfront offers unobstructed panoramic views from one of the highest natural elevations on Grand Cayman Island, 35 feet above sea level.



About Mandarin Oriental Residences Grand Cayman


The Residences at Mandarin Oriental, Grand Cayman will be a sophisticated sanctuary atop one of the highest elevations on the island overlooking a grand, secluded beach framed by cliffs and tropical maritime forests.

Developed by Melkonian Capital and RAL, each of the 42 Residences will have expansive terraces that blend indoor and outdoor living with panoramic views of the Caribbean Sea.

Marking the first Mandarin Oriental Residences in the Caribbean, it will be part of a lush, 67-acre resort within a short drive from the airport, and will feature unparalleled spa, dining, and family offerings underpinned by Mandarin Oriental’s legendary service.

Residence Amenities

  • Owners’ clubhouse
  • In-residence dining services
  • A dedicated team of full-time Mandarin Oriental trained staff including a 24-hour concierge, valet, maintenance, housekeeping, and security to manage your daily life
  • Invitation to global Residences Elite programme
  • Residents will have access to the hotel’s range of amenities and offerings including:
  • 66 acres of coastal gardens linked by nature trails and 700 feet of pristine white sand beach
  • Multiple adult and family pools
  • State-of-the-art wellness and yoga centre
  • Racquet club with tennis and pickleball
  • Ocean pavilion offering four distinct dining destinations
  • Culinary farm




Visit the official developer website





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