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Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

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Presentation on theme: "Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah."— Presentation transcript:

1 Al Marjan Island – Island Of Opportunity

2 UAE – A Strategic Location Ras Al Khaimah

3 RAK - Social Infrastructure An Array of Retail & Leisure Options Shopping malls Water sports Flying clubs Equestrian clubs Golf courses Desert Safaris Camel rides Shooting Club 5 star hotels Unspoilt beaches

4 Ras Al Khaimah - Economy Growth Drivers Manufacturing Real Estate /Construction Tourism Services High GDP Growth 14% 2004-2008, 9% 2009 GDP now at USD 4.30 bn Slated to double in 5 yrs

5 Advantage RAKIA High Returns on Investments 0% income tax 0% personal tax 0% corporate and No VAT 100% foreign ownership in Free Zones 100% repatriation of capital and profits No foreign exchange controls, trade barriers or quotas Liberal labour laws Very low manufacturing costs No discrimination based on nationality, religion, culture etc… No corruption Low set-up & operations cost

6 Al Marjan Island Project owned by Ras Al Khaimah Investment Authority (RAKIA) First man-made island in the Emirate Cluster of 4 coral-shaped islands and 1 peninsula Extending 4.5 km into the sea Expanding the natural coast line by an additional 21 km 3.1 million sq m of reclaimed land Mixed use: Villas, apartments, hotels, resorts, leisure & commercial facilities US$1 billion project Actual Aerial View Taken May. 2010

7 Government of RAK Project Al Marjan Islands dredging, reclamation and rock revetment works utilized modern techniquies such as surface filling with coarse earth material, underwater sand pumping and deep sea sand quarry outsourcing instead of hostile dredging. Prior to the natural processes of reclamation of AL Marjan Islands a physical model were done by Halcrow International (UK) to determine the water circulation, flushing, water quality, height and size of the armour and its persistence against the highest wave occurrence in 100 years. Visibility studies were conducted after the Island has been built and results obtained revealed 90% visibility and 2 m depth which prove without any doubt that the Hydraulic Models and the Physical Model done are correct and working


9 Government of RAK project

10 International Accreditation As of First Qtr of 2011, net area of 14.00 million sqft is sold – Represent 63% OPPORTUNITIES AVAILABLE - To develop luxurious hotel and resort to cater the needs of growing tourists in RAK – Tourism Increased upto 63% during 2002 and 2009. Luxurious affordable accommodation complex – demand is on rise due to short supply of units in the region – Double the population in less than 5 years. To make your own holiday home – enjoy island living. Your own office tower – to lease it out the same or for your own employees working in the region. World class sports Stadium – approx. 25% of RAK population is school going need sports facilities of international standard. Shopping Mall / Retail Space – Medical or sports clinic. Ras Al Khaimah The Most Cost Efficient FDI Destination –Financial Times, London, 2007 Ras Al Khaimah has been awarded The Most Attractive Destination for FDI in 2008-2009 Middle Eastern Cities of the Future benchmark rankings Ras Al Khaimah – The Most Innovative Investment Destination –World Finance – 2010 Awards



13 Some of the Projects in RAK The most complete resort in UAE, with 5 Star Hotels, 2.5 kilometers of beach, Fine dining Restaurants, 18 hole Championship Golf Course, Marina and Yacht Club Shopping and Residential Component all within walking distance Al Hamra Village

14 Smallest Villa Plots with Private Beaches USD @per sqmtr In USD Sl No.Plot No.Island Plot Area ( Height LimitUsageSales Value 12V002A23011.62G+2Villas 750.00 2,258,715 22V002B22254.08G+2Villas 750.00 1,690,560 32V002C21874.18G+2Villas 750.00 1,405,635 4BV001A21988.52G+2Villas 750.00 1,491,390 5BV001B22099.46G+2Villas 750.00 1,574,595 6BV001C22313.85G+2Villas 750.00 1,735,388 7BV001D22614.79G+2Villas 750.00 1,961,093

15 Hilton RAK Some of the Projects in RAK

16 Khatt Spring Hotel & Spa

17 Some of the Projects in RAK Hilton Beach Resorts & Spa

18 Some of the Projects in RAK Al Hamra Palace

19 Some of the Projects in RAK Cove Rotana Hotel

20 Some of the Projects in RAK Al Hamra Fort Hotel

21 Some of the Projects in RAK Al Hamra Village

22 Thank you

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