A new $200 million development on Ras Al Khaimah’s Al Marjan Island has been announced. The project will include a 300 room hotel and entertainment options.
Gulf Business reports that the development will include wellness and active adventure as well as a history-themed entertainment park.
Ivan Richard Menezes, director of United Ventures and Investments Limited, is behind the project.
In a statement he said that, “With our development, we are bringing the region’s largest of its kind attraction in the Middle East offering an experience that will have several innovative feel-good, discovery, fitness, historical and thrill-based offerings that appeal to all from UAE and the world.
“Al Marjan Island and Ras Al Khaimah offer a unique experience and great potential for investment in tourism and leisure.”
Marjan seeks inward investment for mixed use development
Al Marjan Island is a cluster of four man-made islands off the coast of Ras Al Khaima (RAK), UAE.
The Island currently has five-star hotels including Rixos Hotels and Hilton. Emaar is also developing mixed use projects there. RAK strategically re-positioned its offerings for visitors in 2016, with a focus on the themes of activity and adventure, wellness and history.
In a statement, Abdullah Al Abdooli, managing director and CEO of Marjan, said the company was seeking investment for mixed use projects:
“At Al Marjan Island, we offer developers a plug-and-play model of purchasing land with development. The mixed-use project will further drive tourism and also catalyse the economy as a leisure attraction for families, sports lovers, and fitness enthusiasts. We are committed to further strengthening the amenities offered in Ras Al Khaimah.”
Image: By ELPHNT – Own work, CC BY-SA 4.0