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Al-Marjan Island (AMI), claimed to be the first man-made island real estate project in Ras Al Khaimah, has signed as gold sponsor of the upcoming Cityscape Global, a global exhibition and conference for the real estate industry, which will be held from Sept. 8-10, at the Dubai International Convention and Exhibition Centre.
“We are delighted to be a gold sponsor of Cityscape Global. This new relationship reflects the dramatic growth experienced by Al Marjan Island, emerging as a magnet for local and foreign investors. There is global interest in AMI. We have been contacted by local, regional and international investors ready to make significant investments in hospitality and real estate projects on AMI,” said architect Abdullah Rashed Al-Abdooli, MD of Al-Marjan Island Company.
AMI will showcase a host of mixed developments that will reinforce RAK’s emerging role on the regional real estate map. “The aim is to create a haven of luxury and comfort, which will significantly boost the economic and tourist potential of Ras Al Khaimah. As can easily be imagined, the islands of Al-Marjan will be home to number of new hotels, villas, apartments, well-being centers, community facilities, a tourist port, restaurants, shops and lifestyle hotspots,” said Al-Abdooli, while noting the high levels of success reported by the existing five-star hotels on the island, such as the Rixos Bab Al-Bahr and the Al-Marjan Resort and Spa.
“At Cityscape Global 2015, we will highlight the new investment opportunities for all levels of investors across diverse sectors. We are confident that RAK’s ideal location spells attractive investment potential for hotels and other real-estate projects,” said Al-Abdooli.
AMI is a 2.7 million sqm cluster of four man-made islands in upscale Ras Al Khaimah that extends 4.5 km into the Gulf.