Dubai Investments breaks ground on Dhs1bn Danah Bay project on Al Marjan Island

Dubai Investments recently broke ground on Danah Bay – its latest flagship freehold project located on Al Marjan Island.

Danah Bay is a Dhs1bn premium beach community with a resort-style retreat in Ras Al Khaimah.

Khalid Bin Kalban, vice chairman and CEO, Dubai Investments, said: “This ground-breaking ceremony is a significant milestone for us as it reiterates our expansion into the emirate of Ras Al Khaimah, with our flagship development, enhancing Dubai Investments position as a pan-UAE developer. The project is designed as an ideal destination that will cater to the growing tourism requirements of the emirate and provide residential opportunities that offer a distinct lifestyle. There is a huge interest in projects like these in the emirate and with attractive residency requirements, favorable property and business ownership terms coupled with the growing community of entrepreneurs and companies, we are positive that Danah Bay is only the beginning and Dubai Investments will continue to capitalise on the lucrative opportunities that the emirate will have to offer in the coming years.”

Dubai Investments through its wholly owned real estate subsidiary Dubai Investments Real Estate, the developer of the Danah Bay project, has also appointed AE Seven Morse Architecture & Engineering Consultancies Co, as consultants for the design and supervision of the project.

Abdulla Al Abdouli, CEO of Marjan, said: “As a master developer responsible for supporting Ras Al Khaimah’s diversification strategy and transforming the emirate into a sought-after destination for both residents and  investors in varied sectors, this waterfront project builds on our commitment to deliver premium offerings to enrich the lifestyle of our diverse stakeholders.”

Dubai Investments marked the ground-breaking ceremony on Danah Bay, its latest flagship freehold project in the UAE located at the heart of Al Marjan Island, Ras Al Khaimah.

To read more, check out the latest press release on the link below ??https://t.co/1wRo4AWpOj pic.twitter.com/3O7cx72z6V

— Dubai Investments PJSC (@dxbinvestments) December 22, 2022

Danah Bay spans an area of approximately 86,000 square metres with 40,000 square metres of beachfront area. Comprising 209 villas inclusive of two-bedroom townhouses with a roof terrace, three-bedroom villas, four-bedroom beachfront villas and 5-bedroom breakwater villas, the project’s residential tower includes 128 apartments from studio to four-bedroom penthouse apartments.

The 300-keys four-star hotel on the project will be operated by Millennium and Copthorne Middle East Holdings.