|#||Project Name||Property Type||Min. Price||Completion|
|1||Al Mahra Resort||Hotel Apartments Ras Al Khaimah||AED 561,800||Q4 2022|
A world so naturally wondrous, it’ll inspire you to keep exploring.
Al Marjan Island is a group of 4 coral-shaped islands in a man-made archipelago located in Ras al-Khaimah, in the Persian Gulf. It is administered by the Al Marjan Island Company.
Several resorts, beaches and other tourism destinations are located in the four islands, being one of the UAE’s top tourism spots.
The area received over 100 thousand visitors since the time it was founded.
Al Marjan is a man-made island is located in Ras Al Khaimah. Extending a vast 4.5 kilometers into the sea, the island covers an area of 2.7 million square meters.
Started as a tourism enterprise, the five-year construction development started in 2013 now harbors a quasi-metropolis, fully equipped with a developed residential area and hospitality industry, as well as adjoining infrastructure.
Although still under development, at full operation, it is expected to host up to 20 thousand party-goers at its clubs, hotels and other facilities, with an estimated foreign investment starting at Dh19 billion.
The Island now houses 45% of the total 5-star hotel rooms in the Emirate through its 3 resorts – the Rixos Bab Al Bahr, Hilton, and Al Marjan Island Hotel & Spa; capacity will exceed 10 thousand rooms by 2017 in the Emirate, half of it in the Island.
While more than 100 thousand foreigners visited the Island during 2014, 23% of the total number of visitors during the first quarter of 2013 were UAE nationals.
The tourism industry is diversifying due to the slump in Russian inward tourism; the Ras Al Khaimah Tourism Development Authority is now looking towards Eastern Europe and the UK to prop up its numbers, with tourism expected to generate approximately 20% of the Emirate’s GDP.
The island group consists of Breeze Island, Treasure Island, Dream Island and View Island. It extends 4.5 kilometers (2.8 mi) into the sea and covers an area of 2,700,000 square meters (29,000,000 sq ft)
Breeze Island counts with several hotels[clarification needed] and 2,000 meters (6,600 ft) of waterfront with a promenade. Treasure Island is a prominently residential area, built on 2,500,000 feet (760,000 m).
Dream Island is an extensive beach area, with several hotels and clubs located on its shores. It possesses 5,000 meters (16,000 ft) of waterfront area. View Island is the 5,000,000 square feet (460,000 m2) central section of the island group, representing its residential and hospitality urban core.
The gateway into the Island of Al Marjan, Breeze Island is a breath of fresh air in the world of luxury and hospitality. Home to some of the best hotels – Rixos, Double Tree by Hilton and Bab Al Bahr, Breeze offers the perfect harmony of luxury and nature.
With over 2,000 meters of waterfront area, Breeze Island boasts a unique retail and waterside facility. A first of its kind, the Promenade is a major attraction for tourist
The exclusive Treasure Island at Al Marjan is a meeting place for visitors and residents with a number of family resorts including Marjan Island Resort & Spa, luxurious apartments and waterfront development.
Apartments on the Treasure Island enjoy stunning views of the golden beaches overlooking the Arabian Gulf. Connected to the Breeze Island, Treasure Island provides 3,500 meters to the Corniche walkway; designed for stress-free living and inspired to nurture your well-being.
Built on 2.5 million feet and around the concept of family living in a naturally luxurious environment, at Treasure Island we are sure you will treasure your family’s post-card moments – everyday.
View Island is a unique setting which spreads over 5 million square feet providing the perfect blend of retail destinations, leisure and beach clubs all in one stunning community. Bask in the beauty of its tranquil natural settings with amazing 360-degree views of nature, making it the heart and soul of Al Marjan.
Significantly, Al Marjan Island is regarded as the project of choice for property investors and developers who are seeking exceptional residential and leisure amenities. With the impressive growth in number of tourist arrivals as well as Ras Al Khaimah’s emphasis on promoting industrial diversification, the emirate is an ideal fit for European investors.
In the next seven years, an additional 15,000 hotel units will be developed to serve the growth in tourist arrivals, with the sector set to record a growth of 23 per cent per annum. About 7,000 new hotel rooms are set to be added, mostly in the 5-star beach resort category, in the next three years (by 2021), with nearly 71 per cent to be delivered on Al Marjan Island. Underlining the robust performance of hotels, RevPAR figures have increased by over 5 per cent in the last three years.
Only 15 minutes from the Ras Al Khaimah International Airport and 45 minutes from the Dubai International Airport, Al Marjan Island comprises four islands – Breeze, Treasure, Dream and View. The entire development is served by a well-integrated road network that connects to all key cities of the UAE,
With 7.8 kilometres of pristine beaches, 23 kilometres of waterfront, 6,500 planned residential units, 8,000 planned hotel rooms, 400-room wellness retreats and 600 holiday villas, Al Marjan Island has an evolved hospitality sector already with Breeze Island being home to Rixos, Double Tree by Hilton and Bab Al Bahr – exceptional hotels -that offer the perfect harmony of luxury and nature.
Al Marjan Island was recently in international spotlight after it won the GUINNESS WORLD RECORDS for the ‘Largest aerial firework shell’ that marked the New Year’s Eve celebration which welcomed hundreds of thousands of guests.
Al Marjan Island provides an amazing investment landscape as unique as its natural landscape. As an investment destination, Al Marjan Island offers endless opportunities and benefits. It is the project of choice for property investors and developers who are seeking exceptional accommodations and leisure facilities that provide unique lifestyle choices and opportunities.
For more information about Al Marjan Island and the properties, click here (insert link of Al Marjan Island).