29 Rabi' II 1446 - 1 November 2024
    
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Eye of Riyadh
Business & Money | Monday 11 September, 2017 3:50 am |
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Al Marjan Island set to raise Ras Al Khaimah real estate profile at Cityscape Global 2017

With record investment deals and projects portfolio, Al Marjan Island the leading master developer in Ras Al Khaimah was named platinum sponsor of Cityscape Global 2017 which runs from 11th to 13th September at Dubai International Convention and Exhibition Centre. Through its participation at the exhibition, Al Marjan Island will continue to raise Ras Al Khaimah’s (RAK) tourism and real estate profile and will showcase a host of mixed developments that will offer focused investment opportunities to potential investors.

“We aim to continue our support to such industry events, with the primary objective of supporting Ras Al Khaimah strategic development efforts through boosting and growing the real estate industry, improving community development and increasing the number of residence, tourists and business visitors to the emirate,” said Abdullah Al Abdooli, Managing Director of Al Marjan Island.

Al Marjan Island has positioned Ras Al Khaimah on the global map as a lucrative real estateinvestment destination. At Cityscape, the island will demonstrate itspivotal role in realising RAK tourism’s vision for 2018 and highlight unrivalled investment opportunities in RAK’s real estate sector.

“Cityscape Global is the industry’s benchmark for assessing the growth in the real estate market, and our participation at this event is an exciting milestone in the development of the island and growth of Ras Al Khaimah. Our presence at the event provides us with the opportunity to connect with industry professionals and enhance transparency with investors,” added Abdullah Al Abdooli.

Al Marjan Island has established itself as the leading master developer in an exciting destination with a range of luxury homes and entertainment facilities, and being a platinum sponsor for the mega-event this year, Al Marjan Island aims to drive high-profile investmentsto the island and the emirate.

“Since our establishment, we’ve attracted investments from major international investors and global developers that have aided the increase of the residential and hospitality offering. While our participation will continue to spread awareness about our lucrative investment opportunities, it will also provide investors information about Ras Al Khaimah flexible and convenient real estate regulations and outline why the emirate is an ideal destination for all levels of investments,” added Abdullah Al Abdooli.

Al Marjan Island is a 2.7 million sq meter cluster of four man-made islands in upscale Ras Al Khaimah that extends 4.5 km into the Arabian Peninsula. The project is home to several luxurious developments including exciting development DoubleTree by Hilton Resort & Spa, Marjan Island resort and Spa, Rixos Bab Al Bahr and future development such as Millennium Hotels and Resorts,, Avani Hotels, Emaar Properties, and many to be announced shortly.

“Ras Al Khaimah established itself internationally as a premier attractive luxury destination from its year round pleasant climate, stunning landscapes and vast outdoor adventure offerings, and with Al Marjan Island offering best-in-class facilities and investment opportunities, the emirate has seen its tourism sector soar,” concluded Abdullah Al Abdooli.

With regional and international investors looking to operate and invest in Al Marjan Island, the island is well positioned to raise the emirate’s international real estate and tourism profile.

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