MR Properties, one of the leading developers of residential and commercial properties in Ras Al Khaimah, announced a new four-star beachfront property, during Cityscape Global 2017 which runs from September 11 till 13 at Dubai International Convention and Exhibition Centre.
This new announcement comes on the heels of the successful operation of the largest hotel in the Northern Emirates, the 723 room DoubleTree by Hilton in Al Marjan Island which has the largest room inventory for Hilton Worldwide in UAE. This is MR Properties’ second development on the scenic island. Valued at USD 109 million, the new development has been thoughtfully designed to meet the lifestyle aspirations of a global audience.
The hotel is expected to open by the fourth quarter of 2019. It spreads over an area of 10,886 square meters. Aimed mainly for the business and leisure travellers, the 500-key beachfront development will feature retail, recreation facilities and beach activities. The prolific property will host four F&B outlets, 450m of white sandy beach and 1000 m2 club and water sports facilities. An observation deck will also offer unencumbered, 360-degree views of the island.
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