UAE: Marjan unveils three luxury beachside property developments in Ras Al Khaimah
Marjan has entered into an agreement with Range Developments to launch three exclusive luxury residential projects on Al Marjan Island in Ras Al Khaimah, UAE.
These projects, named The Beach House, The Beach Residences, and Beach Vista, aim to contribute to the growth of Ras Al Khaimah's expanding luxury real estate sector.
This collaboration marks Range Developments' debut in the UAE market, leveraging its expertise gained from developing five-star hotels in locations such as Dominica, St. Kitts, and Grenada. The upscale beachside residential buildings, each featuring unique designs and offerings, are expected to enhance Ras Al Khaimah's appeal for residents, tourists, and investors.
A fantastic seaside location characterizes The Beach House, an apartment complex of 88 units offering studio, one-, and three-bedroom options in simplex and duplex layouts. An elite and opulent lifestyle is yours to enjoy because of the floor-to-ceiling windows that overlook the Arabian Gulf.
The Beach Residences, comprising 412 apartments and 11 townhouses, offer waterfront living with custom-built, high-quality living spaces. With its prime location and thoughtful design, it aims to attract residents seeking a sophisticated lifestyle.
Beach Vista, also situated on prime beachfront real estate, targets end-users and discerning investors looking to invest in the flourishing lifestyle destination of Ras Al Khaimah. This project further solidifies the emirate's position as an attractive hub for luxury real estate.
Abdulla Al Abdouli, CEO of Marjan, expressed excitement about the agreement with Range Developments, emphasizing their shared goal of redefining the high-end real estate sector on Al Marjan Island. Al Abdouli highlighted the stunning waterfront locale of Al Marjan Island, making it an ideal setting for elevated residences with world-class amenities.
Mohammed Asaria, Joint Managing Director and Member of the Board of Range Developments, highlighted their vision to contribute distinct offerings to fuel Ras Al Khaimah's growing luxury real estate sector. He emphasized the role of these luxury properties in enhancing the lifestyle at Al Marjan Island and the emirate's draw as a premium tourist and real estate destination.
Riaz Shariff, Joint Managing Director and Member of the Board of Range Developments, underscored Ras Al Khaimah's appeal as a sound investment destination due to its economic stability, rising property prices, tourism sector growth, tax benefits, and high rental yields. He emphasized that Range Developments' projects are meticulously crafted to cater to both end-users and investors.
The addition of these luxury properties to Al Marjan Island's skyline further demonstrates the international allure of Ras Al Khaimah for property developers and real estate investors. With a focus on sustainable growth and waterfront living, the emirate's real estate appeal continues to grow, making it an attractive choice for high-end and ultra-net-worth individuals.