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Land for Sale in Treasure Island, Al Marjan Island

Prime Beachfront Plot • Al Marjan Island

Property type:
Land
Property size:
200,000 sqft / 18,581 sqm

Amenities

View of Landmark
View of Water

Description

We are pleased to offer this plot for sale with a strategic location on Al Marjan Island. It is perfectly suited for construction of a Beachfront Resort. Please see below details and contact us for further information.

Treasure Island (2)
Plot Size: 203,631 sq. ft.
BUA: 4 x plot size
Beach Front
Mixed Use
G+8
Freehold

Al Marjan Island – Overview

2019 tourist arrivals recorded up almost 4% to 1.12 million
RAK Tourism is targeting 1.5 million visitors by 2021
RevPAR recorded at an impressive $114.90, amongst the highest in the region.
Strong yearly occupancy rates, averaging 74%

400 hotel rooms
10,000 planned residential
8,000 planned hotel rooms
7.8km beach
23 km of waterfront
In pipeline: Address by Emaar , Moevenpick, Hamptons, Conrad Hilton, Rove Hotel, Avani

Now operating: RIXOS, Hilton Double Tree, ACCOR, residences Pacific and Bab Al Bahr.

RAK will add 5,000 rooms to the current 6,500 by 2021 - brands including Marriott, Sheraton, Anantara, Rezidor, Intercontinental