Marjan & Range Developments launch 3 luxury properties on Al Marjan Island

Monday, February 5, 2024

Marjan, the leading developer of freehold properties in Ras Al Khaimah, has inked a partnership agreement with Range Developments to unveil three exclusive new properties on Al Marjan Island. This island is renowned as the premier destination in the Northern Emirate for tourism, business, and investment. These luxurious offerings, known as The Beach House, The Beach Residences, and Beach Vista, are set to contribute significantly to the growing luxury real estate sector in Ras Al Khaimah.

This venture marks Range Developments’ inaugural foray into the UAE market, leveraging their exceptional track record in constructing 5-star hotels in Dominica, St. Kitts, and Grenada. These upscale beachfront residential buildings, each boasting unique designs and amenities, will enhance the appeal of Ras Al Khaimah as a highly desirable locale for residents, tourists, and investors alike.

The Beach House comprises 88 apartments, including studios and 3-bedroom simplex and duplex apartments, all situated in a prime beachfront location offering breathtaking sea views. These residences feature striking floor-to-ceiling windows that frame the expansive beach vistas, making it the perfect retreat for individuals and families seeking tranquility amidst the serenity of the Arabian Gulf.

The Beach Residences, on the other hand, offers 412 apartments and 11 townhouses, exemplifying modern design and comfort. This project is poised to redefine waterfront living with its high-quality, custom-built features that seamlessly blend style and functionality, providing an unparalleled living experience.

Similarly, Beach Vista is strategically positioned on prime beachfront real estate, making it an ideal choice for end-users and savvy investors looking to be a part of this thriving lifestyle destination.

Arch. Abdulla Al Abdouli, Chief Executive Officer, Marjan, said: “Our agreement with Range Developments to build three new luxury properties, furthers our goal to redefine the high-end real estate sector at Al Marjan Island. With its stunning waterfront locale, Al Marjan Island offers the perfect venue for those seeking to set up elevated residences that boast world-class amenities in the heart of a thriving eco-system like Ras Al Khaimah. Range Developments’ industry expertise and leadership will no doubt elevate this space into a truly sought-after destination that will only add to the emirate’s vibrant allure among homeowners and investors alike.”

Mohammed Asaria, Joint Managing Director and Member of the Board of Range Developments, Range Developments, added: “We are harnessing our wealth of beachfront development across the world to Ras Al Khaimah and Al Marjan Islands. We pride ourselves on our vision to present distinct offerings to fuel the growth of Ras Al Khaimah’s expanding luxury real estate sector. All the three luxury properties are set to elevate the lifestyle at Al Marjan Island adding to Ras Al Khaimah’s draw as a premium tourist and real estate destination. The strategic combination of our seasoned expertise in this sector with our focus on innovative projects, positions Range Developments as a driving force in shaping the landscape of high-end real estate in the region.”

The addition of three new luxury properties to the burgeoning skyline of Al Marjan Island, further showcases the international appeal of Ras Al Khaimah among property developers and real estate magnates.

Riaz Shariff, Joint Managing Director and Member of the Board of Range Developments, said: “With its economic stability, rising property prices, booming tourism sector, tax benefits, and high rental yields, Ras Al Khaimah offers the perfect investment destination. Range Developments’ site selection, building design and interior aesthetic have been carefully curated to cater to end-users and investors alike.”

As the demand for high-end, ultra-luxury properties for both residence and investment continues to surge, the northern emirate has recently emerged as an enticing cultural and economic hub with expanding global recognition. A strong commitment to sustainable development, combined with the promise of exceptional waterfront living, has significantly enhanced the emirate’s attractiveness in the real estate market.

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