News Update - Aldar Properties Expansion in Ras Al Khaimah

Abu Dhabi's Aldar Properties is persevering with its funding in Ras Al Khaimah, this time through a first beachfront plot of 40,000 rectangular meters plus on Al Marjan Island. Earlier, the former had bought exclusive hotels inside the northern states.

The land was belonging to Marjan, the master developer of RAK and bought from him. In point of fact, the plan which Aldar make is basically obtained from Marjan with extant land that become as a part of its purchase of Double Tree via Hilton Resort & Spa Marjan Island in advance this year to increase a mixed-use residential network.

Aldar properties development sectors in Ras Al Khaimah

The new project which will we set to establish in 2023, will be Aldar’s foremost residential community in Ras AL Khaimah. There could be over 2,000 branded top rate residences with access to retail spaces, a beach club, and 2 kilometers of private seaside.

Ras Al Khaimah, An Attraction to New Developers

A person named as Talal Al Dhiyebi who is Group CEO at Aldar properties, described that Ras Al Khaimah maintains to represent an appealing market for Aldar, driven through the Emirate’s demographics, sturdy marketplace basics and dynamics. Its attraction as a funding and living vacation spot keeps growing, making the most of the return of entertainment tour and the ongoing efforts and execution of the emirate’s method to attract funding, residents, and visitors.

"With this new land project and our contemporary investment, we are delighted about how Aldar is widening in market.”

Property Deals in Ras Al Khaimah in this Year

Aldar has been investing on Ras Al Khaimah and taking it to Egypt and building an enormous asset and land portfolio, this year. It has been obtaining Nurai Island improvement and 4 signature towers at Abu Dhabi Global Market in the largest industrial actual property transaction to date.

The advanced deal contribute us with a chance to feature to Al Marjan Island’s enchantment as a lifestyle vacation spot by way of bringing Aldar’s information in developing a number of the maximum sought-after communities in Abu Dhabi," Jonathan who is a CEO at Aldar’s development explained that "This will be our first residential development outdoor of our domestic emirate. we are excited to deliver a product that is particular and aspirational, while attracting new global buyers to Ras Al Khaimah.”

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