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.

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.

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.

Property in Ras Al Khaimah: Oceana Apartments

Every investor or genuine buyer looks for value from his/her hard-earned money. Some upcoming property in Ras Al Khaimah has already proven its worth. The residential complex of Oceana Apartments in Al Hamra village is a vantage property in Ras Al Khaimah worth investing in. The growing value of this residential property in Ras Al Khaimah has attracted good buyers. With the beach just 200 meters away from the residential enclave, it has homes with fantastic views. What’s also unique about this property in Ras Al Khaimah is that it is designed in Arabian heritage style. It is only seven storeys high, giving an uncluttered skyscraper look. From each side, one can get a good sea-view in this property in Ras Al Khaimah. Furnished studios, simple 1-2 bedrooms are best investment options here. This property in Ras Al Khaimah is slightly different from the other luxury villas. It is simple and affordable for middle class families wishing to have a second home as property in Ras Al Khaimah. Other features included in this property in Ras Al Khaimah are:

• Car parking bays for every owner

• Floor to ceiling glazing in living rooms

• Security cover

• Modern kitchens and bathrooms

• Direct beach access

The Al Hamra village property in Ras Al Khaimah where Oceana Apartments is situated is touted to become more lucrative. Only 45 minutes away from Dubai, the property in Ras Al Khaimah has attractive profile views to make it a second home. The prices of studio apartments are around 37,050 AED. A one-bedroom apartment here costs around 85,150 AED approximately whereas two-bedroom apartment costs around 104,650 AED. Rates will change soon as this lucrative property in Ras Al Khaimah is in high demand. Check the code numbers of the buildings where the apartments are still available, as these prices mentioned are only reflective. The banks which provide loans for this property in Ras Al Khaimah are HSBC and Lloyds TBS. Some of the homes in Oceana Apartments cost around 656, 500 AED and 6955,000 AED.

Every property in Ras Al Khaimah is different and no comparison can be made between any of them, even if both of them have sea-views. Each developer has his/her own costing factor. The reliable ones have government backing, as the rulers are themselves investors in property in Ras Al Khaimah. Many brokers are representing the builders to sell property in Ras Al Khaimah. Ask a broker or approach the builder to get the best of this property in Ras Al Khaimah. Some of the brokers are not even asking any commission if you buy this property in Ras Al Khaimah. It is already clear that home is the best asset one can have so why not invest in Oceana Apartment property in Ras Al Khaimah? This is one property in Ras Al Khaimah that works well for small families with reasonable budgets.

Final Tip: If you have a small family, an apartment in Oceana Apartments is worth buying.

Property in Ras Al Khaimah: The Cove

With so much of freehold land available, the cost of available residential property in Ras Al Khaimah has increased. It is difficult to decide where to make sound investments. Developers are trying to take advantage of making best use of construction property in Ras Al Khaimah. In 2005, well-known Egyptian real estate builders, ORASCOM Hotels and Development, got a head start in their mega hotel project in property in Ras Al Khaimah called ‘The Cove’. At an estimated cost of 227 million AED for construction, this prestigious 50-acre property in Ras Al Khaimah is approved by the government.

What makes ‘The Cove’ a viable property in Ras Al Khaimah apart from the ruling family’s interest in it? It is only 40 minutes distance from the Dubai International Airport. Since the builders are from Egypt, they have added their experience and local cultural influence to develop 135 Nubain villas, enhancing this property in Ras Al Khaimah. More than half of the exotic villas of this property in Ras Al Khaimah are already sold out. Access to various utility services like shopping malls, hospital and free zone has contributed to the quick sale of this property in Ras Al Khaimah. As more experienced real estate developers have entered the arena, other projects are also likely to get a boost.

The Cove was the second freehold property in Ras Al Kamiah, which got a kick start with the announcement of change in property laws. A five star beach hotel also has come up in this 50-acre property in Ras Al Khaimah. A hill and island chalets will have 2-3 bedrooms for residents. Each chalet will have access to private beachfront in this property in Ras Al Khaimah. Villas in this region have their own plunge pools. Most of The Cove property in Ras Al Khaimah is aimed at residents who wish to holiday for a few weeks in a year. The villas can remain vacant for 11 months with a guaranteed 7% return on three year rental return. Owners can resell this property in Ras Al Khaimah back to developer at prevailing market prices. The developers themselves are providing financial solutions for acquiring this property in Ras Al Khaimah.

This beautiful property in Ras Al Khaimah is strategically located inside a water inlet on the beach front, making it a premium address. The town centre is towards the south of this property in Ras Al Khaimah. Proximity to the Dubai International Airport will help this property in Ras Al Khaimah to become a gateway to the Gulf. It has access to all modern facilities that are required by families to live in any good property in Ras Al Khaimah. There are separate quarters for maids, an exclusive garage and car parks in The Cove making this property quite attractive in Ras Al Khaimah. Anyone can buy a villa here and make it an exclusive Arabic getaway property in Ras Al Khaimah. Buying now will help in getting the best of the dream holiday homes.

Final Tip: With easy finance available, it is a good idea to invest in a holiday getaway in Ras Al Khaimah.

Property in Ras Al Khaimah: Al Hamra Village

Real estate watchers call the Al Hamra Village a ‘city in a village’. The description is appropriate for this premium property in Ras Al Khaimah. The charming village meets the urban legend. For many city dwellers, this is an apt country location for buying property in Ras Al Khaimah - a growing Arab emirate in Middle East. The man-made lagoon has become an important feature in the water starved desert kingdom. This alone makes it an exclusive and lucrative option as a property in Ras Al Khaimah. One indication of its popular rise is the Arab Bank signing a MoU with mega builder Al Hamra Real Estate Development group. It is providing ideal credit solutions and lending facility to buyers for this upcoming property in Ras Al Khaimah. It is bound to appreciate in the coming years. Latest development news feature many viable projects in Al Hamra, making it a premium property in Ras Al Khaimah.

The ruler of the state has flagged off the construction activity of this prestigious property in Ras Al Khaimah. His dream of making world-class property in Ras Al Khaimah has come true. He supports the construction of the 400-room luxury hotel, which will be built in Al Jazeerah area of Al Hamra. The project is a part of growing property in Ras Al Khaimah and its estimated cost is 300 million AED. The development of 600 meter beach property in Ras Al Khaimah will benefit local residents and tourists. This village is seeing expansion of Golf Apartments and other property in Ras Al Khaimah. It will have studio apartments, villas and Marina apartments.

The rulers are progressive and have a futuristic vision of the success of property in Ras Al Khaimah. One can see the furious pace of construction activity in selected parts of Al Hamra village’s property in Ras Al Khaimah. International facilities given by surrounding areas like Dubai, the property in Ras Al Khaimah also has similar facilities like sports arenas, golf course, hotels, resorts and beautiful homes. Many people are investing in residential property in Ras Al Khaimah for its scenic view, and a range of entertainment and relaxation options. Luxury five star Al Hamra hotel’s 375 rooms are full during tourist season.

As Al Hamra Village becomes a sought-after destination, the prices of property in Ras Al Khaimah will increase in the coming years. Now is the best time to earmark a cosy apartment or villa and become a part of this rising dream property in Ras Al Khaimah. The marina with 150 boats serves as an excellent vantage property in Ras Al Khaimah for high net worth individuals. It has lovely dining areas too. People have started investing in Al Hamra Village property in Ras Al Khaimah. The advance bookings have boosted chances of foreigners buying property in Ras Al Khaimah. With freehold land available as property in Ras Al Khaimah, developers are offering the best options. This is indeed the best time to invest or buy property in Al Hamra village.

Final Tip: Investing in a town-house having Arabian features is an idea worth consideration.

Property in Ras Al Khaimah: Royal Breeze

Royal Breeze is an ideal residential building in Ras Al Khaimah. It has attracted many investors. Located in Al Hamra, it is becoming the fastest occupied property in Ras Al Khaimah. It is situated near 200 meters of virgin beachfront. Everywhere in the world one can cash on weekend properties. So is the case of the emerging property in Ras Al Khaimah, UAE. After working in the city for long, one needs a break. Various apartments in Royal Breeze are available. Many Dubai residents have already started investing in this property in Ras Al Khaimah. European buyers are interested in buying spacious apartments in Royal Breeze.

Royal Breeze has emerged as a favourite haunt for buyers in the last seven years. It has given a fillip to other property in Ras Al Khaimah also. There are seven apartment buildings that are beautifully designed in Al Hamra, the prestigious property in Ras Al Khaimah. It is styled on Arabian architecture. Every building including Royal Breeze has only seven storeys which give it an exclusive character, making it a unique property in Ras Al Khaimah. The landscape view includes the sea, a lagoon and profile vision of the marina and the green lush carpet of golf course. The homes are built straight on the beach. They are quite scenic, making them a coveted property in Ras Al Khaimah. It is hard to resist making this valuable investment in Royal Breeze. It is not very difficult to invest in this property in Ras Al Khaimah, as HSBC is giving loan facility. To get a home with a view in this amazing property in Ras Al Khaimah is now achievable for foreigners. They can get around 78% of finance and book any apartment in this property in Ras Al Khaimah. Some of the homes are likely to get complete by 2008 which is not far off.

For Dubai residents, it is an ideal getaway, as this property in Ras Al Khaimah is only one hour’s drive. One can invest in private villas, penthouses or spacious flats in this property in Ras Al Khaimah. The property in Ras Al Khaimah is very lucrative because the apartments here have balconies, ideal for enjoying evening coffee or tea. An owner can decorate the apartment according to individual taste, making it an ideal property in Ras Al Khaimah. The spa facility relaxes the tired residents of this property in Ras Al Khaimah. This is a USP of Royal Breeze, an attractive property in Ras Al Khaimah. One can do sunbathing near the pool. The spa centre has saunas, fitness area and treatment area to rejuvenate the mind, body and soul. Can anyone really want to miss investing in this property in Ras Al Khaimah? The latest equipment, medically researched fitness area are part of the Royal Breeze property in Ras Al Khaimah. Residents of this emerging residential property in Ras Al Khaimah can also hit the beach for bathing, sunning or jogging for a change sometimes.

Final Tip: One has the choice of having an apartment on the higher floor of Royal Breeze for a lovely panoramic view of the northern part of the Emirate of Ras Al Khaimah.

Property in Ras Al Khaimah: Al Hamra

With the rise of Dubai on the world map its surrounding areas like property in Ras Al Khaimah also are benefiting. The availability of property in Ras Al Khaimah has added the value to freehold assets that one can invest in the Emirate. Ras Al Khaimah is one of the seven states of UAE in the north region, covering 1, 700 square kilometres. It is the second emirate to open freehold property in Ras Al Khaimah to non locals in 2005. Some of the property in Ras Al Khaimah witnessing construction activity includes Al Hamra, Saraya Islands, Mina Al Arab (port of Arabia), Al Marjan Island, Yasmin Village, Hulaya Island, Jazerah Al Hamrah.

Al Hamra is recognised today as an upcoming property in Ras Al Khaimah. In the typical picturesque Arab centre of habitat, it is a bankable alternate for new buyers. Some of the best residential and commercial spaces have redefined the value of property in Ras Al Khaimah. The premium sea front location makes Al Hamra an excellent postal address for the manor born. This property in Ras Al Khaimah has transformed the little Arab hamlet into a towering skyscraper site. Hailed as a potential tourist locale, the Al Hamra village is the first property in Ras Al Khaimah to be developed in the city. It is 40 kms close to the International Dubai Airport. This property in Ras Al Khaimah is now dotted with resorts and also has enclave for residents. On the Ettihad road, it already has a marina, 1350 assorted homes, 5 kms jogging track, shopping mall, 18-hole golf course and yachting facilities. This massive property in Ras Al Khaimah is being developed by Al Hamra Real Estate Development LLC.

The Al Hamra property in Ras Al Khaimah will be complete in three phases. The first phase includes building of 3-4 bedroom homes and semi-duplexes. The next phase of this property in Ras Al Khaimah will have 3 bedroom homes, studio apartments, golf homes, 5-bedroom villas, Marina and the golf course. The property in Ras Al Khaimah has also seen a lot of environmental change and one of the biggest developers in the land RAK Properties started a clean-up campaign with the help of the government. The environment protection and development authority is behind the cleaning up of this property in Ras Al Khaimah. It is an important move to continue sustainable development in the region. The maximum interest in the property in Ras Al Khaimah so far has come from France. RAK Properties is behind many mega-projects in many areas including Al Hamra. Most of the builders developing property in Ras Al Khaimah are giving an opportunity to residents for relaxation in the wonderful retreats in Al Hamra. The landscape of this village is ideal for all types of construction, a major plus point of this property option in Ras Al Khaimah. One can get mountain view, waterfront, desert and fertile land, making a sensible investment in property in Ras Al Khaimah.

Final Tip: One has a choice of luxury villas, idyllic retreats, studio apartments and 2 or 3 bedroom apartments in Al Hamra.