Category: Press Release

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Ras Al Khaimah’s ambitious growth trajectory with real estate investments on Al Marjan Island

RAS AL KHAIMAH, UAE – Ras Al Khaimah’s real estate and tourism sectors are set for remarkable expansion, fuelled by robust international interest and forward-looking projects. The latest report from Al Marjan Island projects a 50-62% population increase by 2030 and a substantial rise in tourism – anticipated to attract over 5.5 million visitors annually

The transformative ‘Wynn Effect’: From Las Vegas to Ras Al Khaimah

For decades, Wynn Resorts has set the standard in transforming destinations. From its start in Las Vegas to its game-changing presence in Macau, Wynn’s impact has redefined what cities can achieve in tourism, entertainment, and real estate. Now, Ras Al Khaimah (RAK) is poised to experience this ‘Wynn Effect’ as Wynn inaugural resort on Al

Manta Bay

Phase One of Manta Bay nearly sold out

Major Developers announced that phase one of their landmark Manta Bay development on Al Marjan Island is nearly sold out. This milestone reflects the high demand for the project’s luxury residences, reinforcing the emirate’s growing reputation as a premier destination for high-end living. The Manta Bay project, valued at Dh1 billion, has attracted significant interest

Major Developers and Federal Engineering Consultants Highlight Strong Progress in AED 1 Billion Manta Bay Project in Ras Al Khaimah

Ras Al Khaimah, UAE – 9 October 2024– Major Developers and their appointed consultants, Federal Engineering Consultants, continue to express optimism over the progress of the highly anticipated Manta Bay project on Al Marjan Island. This AED 1 billion luxury development is set to redefine luxury living in Ras Al Khaimah, combining modern comforts with

MantaBay

UAE real estate: Major Developers announces $272m Manta Bay on Al Marjan Island in Ras Al Khaimah

UAE real estate firm Major Developers has announced the launch of Manta Bay, an AED1bn ($272.3m) luxury project in Ras Al Khaimah. This milestone project marks Major Developers’ first endeavour in the emirate and signifies a major investment in the region’s luxury market. Manta Bay, which is scheduled to commence its construction in Q2, 2024,

MantaBay

Major Developers unveiled AED 1 BILLION Manta Bay luxury project in Ras Al Khaimah

April, 30th, Ras Al Khaimah, UAE: The UAE-based Major Developers on Tuesday announced the launch of Dh1-billion Manta Bay on Al Marjan Island in Ras Al-Khaimah, including the world’s first rooftop beach. It will be the highest beach in the world with its own sand and seawater, the developer said. Andrei Charapenak, CEO of Major

Ras Al Khaimah Real Estate Market Sees 15% Increase in H1 2024

Major Developers has officially hosted the groundbreaking event on its latest luxury development, Manta Bay, within the revolutionary real estate project in Ras Al Khaimah. The groundbreaking event took place on September 19, 2024, at Al Marjan Island, commemorating a moment of pure importance for the company as it further ignites growth and cements its

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