Property in Dubai

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Wednesday, September 16, 2009

Model Units of Bab Al Bahr Property Development In Ras Al Khaimah are Completed

The model apartments of Bab Al Bahr in Ras Al Khaimah have been completed by Rakeen. Rakeen is one of the most trusted and dynamic property developers in Ras Al Khaimah and has completed this value added offering giving clients a preview of the actual property. It includes layout, amenities, ambience and other actual features which are expected to be in your dream home. These property units feature 1 and 2 bedroom units and are equipped with the same state-of-art facilities of the apartments built overlooking the coastline of the Arabian Gulf. These model units are ideally located along the main road just before the entrance to Al Marjan Island.

These residential units give a realistic forecast of the views of the residences. The Commercial Director of Rakeen, Jeremy Savory said: “Bab Al Bahr is Rakeen's first end-user development, which has been designed to redefine living in Ras Al Khaimah real estate and to add value to the emirate's community. With its exclusive beachfront location and stunning views, Bab Al Bahr is a residential development conducive to relaxation that will serve as a new landmark in the emirate. While awaiting the highly anticipated handover during the second half of 2010, we are inviting residents and interested buyers to visit the model units, which we believe will help them generate unique ideas for the physical arrangements and additional furnishings they want to include in their residences.”

Rakeen has invited interested buyers and other property investors to visit this new construction so that they can have a look at these newly revamped model units. This gives a clear view of the properties which are there in Bab Al Bahr. These properties are designed with the emirate’s goal of becoming a great lifestyle oriented residential destination. Bab Al Bahr is the first end user development created by Rakeen.

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Friday, July 3, 2009

Rakeen to Commence Infrastructure Work on Al Marjan Island Property in RAK

Rakeen is one of the most dynamic property developers in Ras Al Khaimah which has instigated phase two of the infrastructure work on Al Marjan Island property. The phase two of the project will get started in August this year. Al Marjan is a man made island in Ras Al Khaimah. Rakeen further revealed that this phase two of the infrastructural work will be completed in 18 months, thereby, covering Island 3 and 4 of Al Marjan. The costing of the project will come out to be Dhs365 million.

The infrastructure work of phase two will include various facilities for drainage, telecommunications, channel crossings, landscaping, electricity, street lightning and fire fighting installations as well. The Infrastructure Manager of Rakeen, Dr.Fawzi Shadid said: “It is our top priority to fast-track the completion of infrastructure work as various projects that are being built on Al Marjan are dependant on the infrastructure facilities. With Phase One of the infrastructure work progressing well on schedule, we are now fully prepared to commence work on the second phase after we identified the Contractor for the job.”

The Director of Development of Rakeen, Herbert Krause said: “This project means a lot to everyone at Rakeen and in Ras Al Khaimah, as it is pioneering in so many ways: building technology, environment and marine ecology, tourism and hospitality, residential exclusivity, leisure and sports facilities, and also because it enhances the skyline and the international image of the emirate.” This pioneering development project extends the coastline of the emirate by an additional 21 kilometers. This master development is expected to be completed in June 2010 at the cost of Dhs366 million.

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Monday, June 1, 2009

Rakeen’s Bab Al Bahr- Residential Development Reaches Its Two Storey Construction

Bab Al Bahr is the iconic development in Al Marjan Island. This island is the first man-made island in the emirate of Ras Al Khaimah. One of the master real estate developers of the region, Rakeen has announced, the residential development in Bab Al Bahr has reached 2 storey construction. This entire development is valued at Dh 1 billion. Rakeen has assured a smooth flow of construction on the site and would be able to deliver its first residential unit by mid-2010.

Herbert Krause, Director of Development, Rakeen said: "On-site progress of the Bab Al Bahr project is ongoing as scheduled. Rakeen is working closely with all the consultants and the construction teams to ensure timely completion and handover as all of us are aware of the importance of this signature project of Al Marjan Island." "Moreover, in these times of global economic challenges, the proper handling of this project will send out the right message to investors and the public and boost their confidence in the strength and resiliency of the Emirate and the strategic leadership of H.H. Sheikh Saud bin Saqr Al Qasimi, Crown Prince and Deputy Ruler of Ras Al Khaimah. We also warmly welcome investors and the public to contact our offices for further information or visit the site and personally witness the construction progress," added Krause.

Bab Al Bahr offers a huge range of residential unit which includes 136 studio apartments, 104 three bedroom apartments, 236 two bedroom apartments and 356 one bedroom apartments. These apartments offer panoramic sea view and overlook some private beaches. In addition this property in Ras Al Khaimah hosts several facilities like underground parking, children’s play area, state-of-the-art gymnasium and several more. Bab Al Bahr forms an integral part of this island. It servers as a gateway to this integrated community.

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