The stunning Al Marjan Island is a collection of five man made islands located 27 kilometres southwest of the main town centre in the emirate of Ras Al Khaimah. The cluster of five man made islands will cover an area of over 2.7 million square metres and will be worth over $1.8 billion USD. With the development due for completion by June 2009, Al Marjan Island will extend over two kilometres into the clear blue waters of the Arabian Gulf, offering residents a true haven of tranquillity away from the hustle of everyday life.
On completion (estimated to be June 2009), Al Marjan Island will become a haven of tranquility for its residents, a unique and luxurious waterside development comprising of floating villas, sporting facilities, resorts, luxury hotels and commercial areas.
Being located in the beautiful emirate of Ras Al Khaimah, Al Marjan Island is only a 45 minute commute to the commercial centre and international airport in the neighbouring emirate of Dubai. With plans currently in place for a new high speed rail network linking the major destinations within the emirates, as well as a state of the art hovercraft link between Ras Al Khaimah and Dubai, it seems likely that the demand for property in Al Marjan Islands and Ras Al Khaimah will increase considerably.
Al Marjan Island has seen a number of landmark developments being announced including the Pacific development, La Hoya Bay and more recently the AED 1.1 billion Bab Al Badr development. Given the increasing popularity of Ras Al Khaimah and the Al Marjan Islands project, all of which have been commercially successful, it would be safe to assume that announcement of further property developments on Al Marjan Island are not far away.
Overall, the factors mentioned above seem to suggest that the option of living in Ras Al Khaimah, whilst working in the busy commercial hub of Dubai is rapidly becoming a reality. The increasing options available to commuters looking to benefit from the more relaxed and tranquil life on offer in Al Marjan Island, are undoubtedly making this lifestyle choice a more accessible option. As such, the prices of property in Al Marjan Islands and throughout Ras Al Khaimah seem only set to continue increasing in the future, as investors seek to maintain the returns only found previously in Dubai and Abu Dhabi.
Last Updated: 16th Nov - 10:25 am
