Properties for Sale in Al Marjan Island
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Land for Sale in Treasure Island, Al Marjan Island

Sea View Plot • Al Marjan Island

Property type:
Land
Property size:
80,000 sqft / 7,432 sqm
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Location

Map
Treasure Island
Ras Al Khaimah, Al Marjan Island

Agent

Ovsanna Emyan
Managing Director at Zain Real Estate FZE - RAK
Speaks English, Russian

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 Residential or Hotel Project.

Island 4
Plot Size: 80,000 sq. ft.
BUA: x 3
Sea View
Apartments / Hotel
G+7
Freehold

Tourism 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%
RAK named the Gulf Tourism Capital for 2021
10,000 planned residential
8,000 planned hotel rooms
7.8 km 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 to add 5,000 rooms to the current 6,500 by 2021 - brands including Marriott, Sheraton, Anantara, Rezidor, Intercontinental

DISCLAIMER: PHOTOS ARE FOR ILLUSTRATIVE PURPOSES

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