Dubai: «The Gulf»
Dubai Investments signed an agreement with Marjan Company to acquire a plot of land with the aim of developing a mixed-use residential area, a beach resort and a leisure destination on Al Marjan Island, with a distinctive view of the waters of the Arabian Gulf. The tent and the area.
The agreement was signed by Khalid bin Kalban, Vice Chairman and Chief Executive Officer of Dubai Investments, and Eng. Abdullah Al Abdooli, CEO of Marjan.
This project is an excellent embodiment of elegant modern architecture, as it has been designed to include an excellent range of hospitality and housing options, including a beach resort, apartments and serviced beach villas, in addition to residential buildings, shops, restaurants, cafes and other recreational facilities on the waterfront.
Khalid Bin Kalban, Vice Chairman and Chief Executive Officer of Dubai Investments, said: “We are very excited at Dubai Investments for this new project, as we believe that Ras Al Khaimah is rapidly gaining more attractiveness as a regional tourist destination, especially thanks to the resources and investment provided by the emirate government. Among the initiatives related to health tourism and benefiting from the distinctive natural environment in the emirate. This project comes in response to the growing need for this type of project in Ras Al Khaimah, and is in line with Dubai Investments’ drive to enhance its real estate portfolio by adding more high-level hospitality projects. seamlessly with the natural surroundings.
Eng. Abdullah Al Abdooli, CEO of Marjan Company, said: “Al Marjan Island has become one of the most preferred destinations for visitors and investors from all over the world, and we are looking forward to expanding the experiences and options available there by launching world-class tourism projects, such as this one that Dubai will undertake. To invest and develop it, which would enhance Ras Al Khaimah’s position as a vital destination for tourism, hospitality and housing, in line with the vision of our wise leadership.”
The new project is located on the “Island of Views” in the heart of Al Marjan Island, and the project’s design will provide private water views, to be an ideal place for social activities, family gatherings, professional meetings and personal relaxation, all within a rich and diverse natural environment.
Dubai: «The Gulf»