The government of Ras Al Khaimah, Saraya Holdings and Arab bank reveals details of “Saraya Islands” project
The seven kilometer Julfar Island located in between Hajjar Mountains and Azure sea of Arabian Gulf would be the construction grounds for Saraya Islands. These will cover an area of approximately one million square kilometers, and would represent the seafaring heritage of Ras Al Khaimah using present day technology.
The key shareholder of Saraya Island project is the investment & development office which is now involved in the promotion of Ras Al Khaimah. This promotion is aimed towards attraction and development of new ventures in Emirates.
As a key investor in Ras Al Khaimah, Saraya Holdings is focused towards the development of many distinguished destinations throughout middle-east and North Africa. Based on a 21st century modern theme, the Saraya projects are built highest on standards pertaining to the needs of residents, tourists as well as businessmen, promoting sustained development and profitability.
As a direct shareholder in this real estate project, the Arab Bank provides strong financial pillars and impeccable management to this project based on its global experience and expertise. All three shareholders expressed optimism and confidence towards a successful completion of this project.
The CEO of IDO, Dr. Izzat Dajani expressed his delight to serve under the leadership of Sheikh Saqr bin Mohammed Al Qasimi, the ruler of RAK and Sheikh Saud bin Saqr Al Qasimi the deputy ruler and crown prince of RAK also the chairman of IDO. He said that RAK was on its way to become a promising destination for both residents and tourists.
Dr. Dajani exclaimed that the prime objective of Ras Al Khaimah government is to capitalize on huge potential of Emirates thereby building a diverse economy. He also established that Saraya project is a step forward towards realization of that objective and will help bringing tourism, modern lifestyles and residential products to this exceptionally beautiful land mass.
The vice chairman and CEO of Saraya as well as a senior advisor to Sheikh Saad El-Din Al Hariri the chairman of Saraya, Ali Kolaghassi said that Saraya Islands would become a world class destination uniquely located in Ras Al Khaimah and overlooking a spectacular view of mountains meeting the sea. I added that it would provide a hide for people of different age groups and interests for leisure, entertainment and business.
The regional head of private banking at Arab bank Samer Saifi expressed his confidence in the project. He affirmed of playing a pivotal role with banking related activities like corporate finance or even other financial services to the residential buyers wanting to associate with this project.
Saudi Oger is the main contractor for Saraya Islands project and is known globally for his expertise in construction. He has proven his expertise throughout the Middle-East, Africa and Europe giving finest quality construction in these regions.
Ras Al Khaimah region has a heritage of naval exploration and innovative marine technology. It is also the birthplace of Ahmed Ibn Majid a famed explorer also known as the ‘Lion of the Sea’. Ibn Majid was also amongst the first to use a compass for navigation having developed one of his own named ‘Kamal’.
The Saraya Islands benefits from its strategic location between mountains and sea along with nearness to Ras Al Khaimah international airport and the great city of Dubai. A highway extension is planned to connect Ras Al Khaimah airport and Dubai to these Islands.
The Saraya project would include great designer villas, palatial waterfront estates, and private piers in townhouses with a lagoon view, terraced apartments with a waterfront, themed hotels, bungalows, spa, and rental villas. The project would also include retail shops, restaurants, entertainment outlets, Arabian sailing boats, amusement/ Water Park, sports center, planetarium, cultural center, bicycle and waterfront walking trails, fishing, sailing, training institutes, car parks, tidal exploratory walkways bird sanctuaries and a sandy beach of six kilometers.
According to the master plan four distinct islands would be developed namely, Al Boum, Al-Marsa, Al-Sahab and Al-Wahat along with mainland Saraya Village center. These four islands would be connected via island roads and bridges and the mainland island is connected by Boulevard which is a 2.5 km tree-lined driveway. The avenue connecting To Emirates highway would terminate at Saraya village.
The Saraya village would serve project’s central and transitional hub. This village would as taxi and bus points along with hotels resorts and parking facilities. This village will also offer themed ‘Souqs’ that would sell goods once traded by Ras Al Khaimah’s sailors. These include dates, incense, pearls, spices, silk, wood, cotton even handicrafts.
Saraya islands are prepared to become a tourist hub together with shopping and entertainment activities and a magnificent scenic backdrop including beaches, mountains and its eco-sensitive architecture.
The key shareholder of Saraya Island project is the investment & development office which is now involved in the promotion of Ras Al Khaimah. This promotion is aimed towards attraction and development of new ventures in Emirates.
As a key investor in Ras Al Khaimah, Saraya Holdings is focused towards the development of many distinguished destinations throughout middle-east and North Africa. Based on a 21st century modern theme, the Saraya projects are built highest on standards pertaining to the needs of residents, tourists as well as businessmen, promoting sustained development and profitability.
As a direct shareholder in this real estate project, the Arab Bank provides strong financial pillars and impeccable management to this project based on its global experience and expertise. All three shareholders expressed optimism and confidence towards a successful completion of this project.
The CEO of IDO, Dr. Izzat Dajani expressed his delight to serve under the leadership of Sheikh Saqr bin Mohammed Al Qasimi, the ruler of RAK and Sheikh Saud bin Saqr Al Qasimi the deputy ruler and crown prince of RAK also the chairman of IDO. He said that RAK was on its way to become a promising destination for both residents and tourists.
Dr. Dajani exclaimed that the prime objective of Ras Al Khaimah government is to capitalize on huge potential of Emirates thereby building a diverse economy. He also established that Saraya project is a step forward towards realization of that objective and will help bringing tourism, modern lifestyles and residential products to this exceptionally beautiful land mass.
The vice chairman and CEO of Saraya as well as a senior advisor to Sheikh Saad El-Din Al Hariri the chairman of Saraya, Ali Kolaghassi said that Saraya Islands would become a world class destination uniquely located in Ras Al Khaimah and overlooking a spectacular view of mountains meeting the sea. I added that it would provide a hide for people of different age groups and interests for leisure, entertainment and business.
The regional head of private banking at Arab bank Samer Saifi expressed his confidence in the project. He affirmed of playing a pivotal role with banking related activities like corporate finance or even other financial services to the residential buyers wanting to associate with this project.
Saudi Oger is the main contractor for Saraya Islands project and is known globally for his expertise in construction. He has proven his expertise throughout the Middle-East, Africa and Europe giving finest quality construction in these regions.
Ras Al Khaimah region has a heritage of naval exploration and innovative marine technology. It is also the birthplace of Ahmed Ibn Majid a famed explorer also known as the ‘Lion of the Sea’. Ibn Majid was also amongst the first to use a compass for navigation having developed one of his own named ‘Kamal’.
The Saraya Islands benefits from its strategic location between mountains and sea along with nearness to Ras Al Khaimah international airport and the great city of Dubai. A highway extension is planned to connect Ras Al Khaimah airport and Dubai to these Islands.
The Saraya project would include great designer villas, palatial waterfront estates, and private piers in townhouses with a lagoon view, terraced apartments with a waterfront, themed hotels, bungalows, spa, and rental villas. The project would also include retail shops, restaurants, entertainment outlets, Arabian sailing boats, amusement/ Water Park, sports center, planetarium, cultural center, bicycle and waterfront walking trails, fishing, sailing, training institutes, car parks, tidal exploratory walkways bird sanctuaries and a sandy beach of six kilometers.
According to the master plan four distinct islands would be developed namely, Al Boum, Al-Marsa, Al-Sahab and Al-Wahat along with mainland Saraya Village center. These four islands would be connected via island roads and bridges and the mainland island is connected by Boulevard which is a 2.5 km tree-lined driveway. The avenue connecting To Emirates highway would terminate at Saraya village.
The Saraya village would serve project’s central and transitional hub. This village would as taxi and bus points along with hotels resorts and parking facilities. This village will also offer themed ‘Souqs’ that would sell goods once traded by Ras Al Khaimah’s sailors. These include dates, incense, pearls, spices, silk, wood, cotton even handicrafts.
Saraya islands are prepared to become a tourist hub together with shopping and entertainment activities and a magnificent scenic backdrop including beaches, mountains and its eco-sensitive architecture.
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10:25 PM
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