Range Developments Unveils East Wing and Townhouses of The Beach Residences on Al Marjan Island
Range Developments has announced the launch of the East Wing and Townhouses of The Beach Residences at the Bluewaters Forum by Banyan Tree Dubai on May 30th, 2024. This highly anticipated event marks the introduction of new phases in the esteemed Beach Residences project on Al Marjan Island, Ras Al Khaimah.
Following the successful sell-out of the Beach House and West Wing at the same location, this launch represents a significant development in the real estate market. Exclusively accessible to brokers and partners, the launch will highlight the allure of living adjacent to the forthcoming Wynn Al Marjan Island resort, a transformative project set to redefine luxury in the Middle East and North Africa region as its first gaming resort.
Spanning 62 hectares, the Wynn resort is poised to attract global travelers to Ras Al Khaimah, further elevating the island’s status as a top-tier destination.
The Beach Residences: East Wing and Townhouses
Designed to cater to the discerning preferences of families and individuals, the East Wing and Townhouses of The Beach Residences offer an ultimate beachside living experience. The final phase features 135 bespoke apartments and 11 townhouses, all boasting ocean views and proximity to luxury entertainment facilities.
With prices starting from AED 1.1 million (approximately US$299,000), these residences promise significant investment returns. Ras Al Khaimah’s growing and potentially lucrative real estate market, characterized by attractive pricing and promising returns, appeals not only to individual investors but also institutional investors and real estate funds seeking substantial yields through capital and income generation opportunities.
A Premium Waterfront Lifestyle
The Beach Residences at Marjan Island present an elevated seafront living experience. Each apartment and townhouse is meticulously designed to maximize sea views and provide direct beach access, seamlessly blending contemporary architecture with the natural seascape. These residences offer premium materials, high-end amenities, and exclusive lifestyle features, including private gardens and plunge pools in the townhouses.
Residents also benefit from a range of communal facilities, such as infinity pools, barbecue areas, fitness centers, and clubhouses, enhancing the living experience and providing numerous recreational options.
Range Developments: A Legacy of Excellence
Range Developments, with its proven track record of constructing high-quality resorts in the Caribbean, brings its expertise to Ras Al Khaimah. The company has successfully completed major projects such as the Park Hyatt St. Kitts and the InterContinental Dominica Cabrits Resort & Spa, and is currently finishing the InterContinental Grenada Resort.
The presence of The Beach Residences on Marjan Island, particularly with the addition of the East Wing and Townhouses, is set to significantly influence the tourism and real estate markets in Ras Al Khaimah. The upcoming Wynn resort will further amplify this impact, attracting more visitors and enhancing the overall appeal of the area as a luxurious travel destination.
The continued investment by Range Developments in this region underscores the economic potential and attractiveness of Ras Al Khaimah’s real estate market to global investors. As Mohammed Asaria of Range Developments noted, the emirate’s robust and diversified economy, coupled with exciting developments like the Wynn resort, make this an ideal location for expanding their portfolio and enhancing the tourism landscape. This expansion not only enriches the real estate offerings but also significantly boosts the region’s tourism prospects.
