UAE real estate: Major Developers unveils phase 2 of Manta Bay in Al Marjan Island, Ras Al Khaimah

Major Developers hopes to meet UAE investor demand with phase 2 of Manta Bay in Al Marjan Island, Ras Al Khaimah.

UAE real estate firm Major Developers has unveiled phase two of its flagship project, Manta Bay, located on the iconic Al Marjan Island in Ras Al Khaimah.

Phase two has been launched in response to heightened demand, with strong investor interest and expressions of interest already translating into multiple initial bookings. Units are selling fast, reflecting the unparalleled appeal of this unique luxury development.

Designed to cater to the preferences of a global investor base spanning over 25 nationalities, phase two offers luxury accommodation in Ras Al Khaimah, UAE.

Manta Bay in Ras Al Khaimah, UAE

Buyers can also choose fully furnished units to enhance investment potential. Additionally, these units feature private Jacuzzis and barbecue-equipped terraces.

Andrei Charapenak, CEO of Major Developers, said: “The overwhelming interest in Manta Bay phase two is a testament to the project’s appeal and the confidence investors have in our vision.

“With exclusive new units and its prime location on Al Marjan Island, home to transformative developments like the Wynn Al Marjan Island resort, this phase enhances the luxury living experience.

“We are thrilled to see strong momentum from both local and international buyers, with phase two already receiving bookings and EOIs from investors across 25 countries.

“This is a clear reflection of Manta Bay’s global appeal and its potential as a prime investment opportunity. To meet this growing demand, we have introduced a wider range of layouts designed to accommodate evolving investor and resident needs.”

Ras Al Khaimah continues its rise as a premier real estate and tourism hub in the UAE, supported by bold development initiatives. A recent study projects the emirate will welcome more than 5.5m visitors by 2030, achieving a compound annual growth rate (CAGR) of 28 per cent from 2022.

Transformative projects like the Wynn Al Marjan Island resort with the first UAE casino underscore the emirate’s potential as a global destination.

Major Developers also welcomed Italian football legend Francesco Totti as its brand adviser, adding a touch of international celebrity recognition to its already prestigious appeal.

Totti’s association highlights the development’s global allure and luxurious lifestyle, reinforcing its reputation as a world-class destination for discerning investors and residents.