BEACHFRONT 5 STAR HOTEL & MIXED USED LAND
1) Plot Area: 80,000 [Square Feet]
2) BUA: 240,000 [Square Feet]
3) Property Location: Beautiful Sea Front on Al Marjan Island, Ras Al Khaimah UAE
4) Land Use: Mixed Use (5-Star Hotel, Residential, Mixed Use)
5) Land Status: Fully owned, No Mortgages on the property
6) Land Map: See Below
7) Includes Pre Concept Approval Certificate from the Master Develope
The Al Marjan Island is an ambitious mega-project, which is located at the coast of the northern Emirate of Ras Al Khaimah. In a short time, Al Marjan, Ras Al Khaimah turned into one of the largest tourist centers of the UAE, making a worthy competition to its elder brothers from Dubai (Palma Jumeirah and Palma Jebel Ali). Today, the human-made infrastructure masterpiece offers its unique opportunities for highly profitable and safe capital investment.
he high occupancy of hotel rooms throughout the year is one of the guarantors of the investment attractiveness of Ras Al Khaimah Al Marjan Island. The plan for the tourism development of the Emirate of Ras Al Khaimah envisages an increase in revenues from tourism to $1.1 billion by the end of 2018 and the creation of more than 15,000 jobs. With the support of the government of the Emirate, the development of the tourist cluster of Ras Al Khaimah will be ensured, and Ras Al Khaimah Al Marjan Island will be the main growth point.
2) BUA: 240,000 [Square Feet]
3) Property Location: Beautiful Sea Front on Al Marjan Island, Ras Al Khaimah UAE
4) Land Use: Mixed Use (5-Star Hotel, Residential, Mixed Use)
5) Land Status: Fully owned, No Mortgages on the property
6) Land Map: See Below
7) Includes Pre Concept Approval Certificate from the Master Develope
The Al Marjan Island is an ambitious mega-project, which is located at the coast of the northern Emirate of Ras Al Khaimah. In a short time, Al Marjan, Ras Al Khaimah turned into one of the largest tourist centers of the UAE, making a worthy competition to its elder brothers from Dubai (Palma Jumeirah and Palma Jebel Ali). Today, the human-made infrastructure masterpiece offers its unique opportunities for highly profitable and safe capital investment.
he high occupancy of hotel rooms throughout the year is one of the guarantors of the investment attractiveness of Ras Al Khaimah Al Marjan Island. The plan for the tourism development of the Emirate of Ras Al Khaimah envisages an increase in revenues from tourism to $1.1 billion by the end of 2018 and the creation of more than 15,000 jobs. With the support of the government of the Emirate, the development of the tourist cluster of Ras Al Khaimah will be ensured, and Ras Al Khaimah Al Marjan Island will be the main growth point.
Property Information
- TypeMixed Use Land
- PurposeFor Sale
- Reference no.Bayut - 5530-oRdtO3
- CompletionReady
- Average Rent
- Added on24 July 2023
Trends
Mortgage
This property is no longer available
Casa Nostra Real Estate
Agent:Aymen Derouiche