RAK Properties announces the sales of the first phase of Marbella Villas

RAK Properties announces the sales of the first phase of Marbella Villas

USD 136 million project is located on Hayat Island in the Mina Al Arab community.

RAK Properties, one of UAE’s leading property development and tourism infrastructure companies, has launched the sale of villas at its famous Marbella project in Ras Al Khaimah. The luxury beachfront project features two- and three-bedroom townhouses and four- and five-bedroom villas. In addition to that, three show villas are available to provide a hands-on experience for people and investors wishing to call Marbella Villas their home.

The beach-facing property caters to families who enjoy comfortable and secure community gated living. Marbella residents will be also able to enjoy activities and luxury amenities on the island as well as have access to the Marina Walk. The Marbella project is an ideal choice for those looking to establish permanent housing or as a vacation escape.

Mohammed Al Tair, Acting Chief Executive Officer, said, 'The project has witnessed a remarkable turnout from investors and buyers, which is extremely encouraging. We look forward to rolling out phase 2, which will see even more luxury villas available for purchase. This development provides residents with the highest quality of living in an eco-friendly hotspot and in an emerging tourist capital of the world.'

Al Tair added, 'These new additions to Hayat Island will add key elements to the overall design and play a central role in attracting the right mix of investors and tenants to the island. RAK Properties has succeeded in delivering this project in the planned time frame, and with the highest merit possible. No detail was overlooked.'

Upon completion, Hayat Island will be a fully integrated mixed-use development spread over 6 million square feet. Hayat Island is one of two islands that comprise Mina Al Arab, an established waterfront community in Ras Al Khaimah with homes set amidst lush landscaping, protected wetlands and pristine beaches.

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