Dubai Investments to develop AED 1bn beachfront resort, residential development

Dubai Investments to develop AED 1bn beachfront resort, residential development

has inked an agreement with Marjan, a freehold properties developer in Ras Al Khaimah, to purchase land to set up mixed-use beachfront residential, beach resort, and lifestyle destination on Al Marjan Island at a total value of AED 1 billion. The project will include a beachfront resort, serviced apartments, and villas plus, waterfront residential buildings, retail & F&B components, and other recreational facilities, according to a press release on Tuesday. The announced: Meanwhile, the said: