Piling And Foundation Work Gets Completed At Marbella Bay In Ras Al Khaimah
A Qatar based real estate developer Manazil real estate has announced that the foundation and piling work for Marbella Bay in Ras Al Khaimah has been completed. Marbella Bay is a luxury resort development that is being made on Al Marjan Island and will soon be a part of Ras Al Khaimah real estate. Al Marjan Island itself is first of its kind man-made island in the emirate. The combined value of this property unit project is Dh400 million. RAKIA is the government body which is responsible for the socioeconomic growth of the emirates and its developments.
Manazil revealed that it has also coordinated with Ras Al Khaimah Investment Authority for the smooth development of this project. Safe development and on-time delivery of properties to the customers is very important for that matter. The CEO of Manazil Real Estate, Eng. Abdul Mohsen Al Hammadi said: “We have achieved great progress in the construction work of Marbella Bay as RAKIA has provided critical strategic support that has contributed significantly to the healthy pace of development. We are very optimistic of the excellent prospects of this project as Marbella Bay is poised to emerge as one of the most exciting island-inspired residential destinations in the region."
This Marbella property is designed to be one of the finest resorts in the UAE consisting of 430 commercial as well as residential units on 7 floors along with a ground floor. 2 floors of the development are dedicated for car parking. The resort comprises of luxury waterfront apartments and various leisure facilities within a well developed landscaped community. Moreover, the community is inspired by the architectural style of historic Spanish region of Andalusia. The total area of the project is around 500,000 sq ft. Out of this overall area only 60 percent of the project has been used for the development of buildings, rest the entire space is dedicated to lakes, swimming pools and communal parks thereby, making it an ideal luxury project.
Labels: Manazil real estate, Marbella Bay, property in ras al khaimah, RAK property, RAK property investment news, RAK real estate, RAK real estate Al Marjan Island, real estate in RAK, resort in UAE

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