Julfar Towers in Ras Al Khaimah completes 30 storeys
Saturday, May 24, 2008
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Leading real estate developer in Ras Al Khaimah, RAK Properties, has announced the completion of construction works on its three-storey podium and utility networks of its 'Julfar Towers'. This was revealed during the second Ras Al Khaimah Real Estate and Investment Show, being held at the Ras Al Khaimah Exhibition Center between 22nd and 24th May 2008. RAK Properties is the sponsor of the show that brings together the region's leading contractors, developers and realty companies.
The construction work of the twin tower realty project, is on par with the residential tower, which now stands at 30 floors and the office tower which stands at 28 floors.
Centrally located in Ras Al Khaimah with adjacent creek, mangroves and a mountainour backdrop, both towers offers stunning views. The development is also only minutes away from the Hilton Hotel, Manar Mall, the beaches and the golf club. The project also offers 100% foreign ownership to investors of Julfar Business Tower.
The Julfar Towers real estate project in Ras Al Khaimah, worth Dh.500million comprises two 43 storey towers. One among this is a residential tower with 349 apartments and the other is an office tower with 468 units, built on a three-level podium. The podium also inclued an advanced business center, retail and food outlets. It is considered to be the nerve center for common facilities utilities.
The Managing Director and CEO of RAK Properties, Mohammed Sultan Al Qadi, said "The completion of the podium and utility networks is a major milestone in the construction of Julfar Towers. We are pleased with the manner in which the work has been progressing and we are confident of completing the project by next year."
Labels: Construction Projects, Freehold Property, RAK Properties, Ras Al Khaima
RAK Properties, Millennium Group signs deal for managing Mina Al Arab Resort
Tuesday, October 23, 2007
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The leading real estate developer in Ras Al Khaimah, RAK Properties, has entered into a deal with Millennium Hotels and Resorts, an international hospitality group, for managing the Millennium Mina Al Arab Resort in Mina Al Arab, the multi-billion realty development. At present, Millennium manages nine hotels in the UAE.
Mina Al Arab real estate development, launched in May 2006, is a Dh.10billion waterfront community, covering 30 square feet of the development, with a variety of facilities, ranging from residential buildings, hotels, marinas, and theme parks, to restaurants, shopping arcades and cafes.
The Managing Director of RAK Properties, Mohammad Sultan Al Qadi says "Millennium is the most recognized hospitality brands in the world. Millennium Mina Al Arab will be an exciting and refreshing experience for its visitors, as it is a combination of top quality hospitality of Millennium, with Mina Al Arab's emphasis on heritage and nature."
Mina Al Arab real estate development, launched in May 2006, is a Dh.10billion waterfront community, covering 30 square feet of the development, with a variety of facilities, ranging from residential buildings, hotels, marinas, and theme parks, to restaurants, shopping arcades and cafes.
The Managing Director of RAK Properties, Mohammad Sultan Al Qadi says "Millennium is the most recognized hospitality brands in the world. Millennium Mina Al Arab will be an exciting and refreshing experience for its visitors, as it is a combination of top quality hospitality of Millennium, with Mina Al Arab's emphasis on heritage and nature."
Labels: Mina Al Arab, RAK Properties, Ras Al Khaima, Resorts, Water front
RAK Properties awarded Dh340m Mina Al Arab contract to Darwish
Thursday, May 17, 2007
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Darwish Engineering Emirates and RAK Properties have entered into a deal of Dh.340million to carry out the infrastructure works of the Mina Al Arab project.
Mina Al Arab, worth Dh.10billion, launched during May 2006 by RAK Properties, is a mixed used development, with a unique mix of hospitality, leisure and residential components, contributing significantly in making Ras Al Khaimah as the much sought-after tourism destination.
Darwish has been awarded the contract for Mina Al Arab, as it is a prominent engineering firm with a rich portfolio of successful project history in the UAE, particularly in Ras Al Khaimah. The complete package of the infrastructure works for Mina Al Arab has been undertaken by Darwish.
The nature of work entrusted to Darwish by RAK Properties include the modern methods of wastewater treatment, high and low voltage electrical works, drainage works, potable water networks, street lighting, roads and bridges and telecommunication networks.
The Managing Director, RAK Properties, Mohammad Sultan Al Qadi, has mentioned that the company was eagerly on the look out for a contracting company who could meet up the targets and quality standards of this project, and they found the right choice in Darwish, who have a good record of producing quality results on-time.
According to the contract, the infrastructure work will begin this month-end and will be completed within eighteen months.
Mina Al Arab, worth Dh.10billion, launched during May 2006 by RAK Properties, is a mixed used development, with a unique mix of hospitality, leisure and residential components, contributing significantly in making Ras Al Khaimah as the much sought-after tourism destination.
Darwish has been awarded the contract for Mina Al Arab, as it is a prominent engineering firm with a rich portfolio of successful project history in the UAE, particularly in Ras Al Khaimah. The complete package of the infrastructure works for Mina Al Arab has been undertaken by Darwish.
The nature of work entrusted to Darwish by RAK Properties include the modern methods of wastewater treatment, high and low voltage electrical works, drainage works, potable water networks, street lighting, roads and bridges and telecommunication networks.
The Managing Director, RAK Properties, Mohammad Sultan Al Qadi, has mentioned that the company was eagerly on the look out for a contracting company who could meet up the targets and quality standards of this project, and they found the right choice in Darwish, who have a good record of producing quality results on-time.
According to the contract, the infrastructure work will begin this month-end and will be completed within eighteen months.
Labels: Mina Al Arab, RAK Properties, Ras Al Khaima
