Gulf Construction Online - Danah Bay’s first phase ‘fully sold out’

UAE Focus

Danah Bay will feature 188 villas.

Danah Bay’s first phase ‘fully sold out’

01 July 2023

Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM), has announced that Phase One of Danah Bay, its flagship AED1-billion ($272.2 million) freehold project located at the heart of the Al Marjan Island in Ras Al Khaimah is fully sold out.

A premium beach community project coming up on a 90,000-sq-m area, Danah Bay features 188 villas – inclusive of two-bedroom townhouses with roof terrace, three-bedroom villas, four-bedroom beachfront villas and five-bedroom breakwater villas – and a residential tower that includes 107 apartments with a mix of one- to four-bedroom penthouse apartments.

The project, which boasts 40,000 sq m of beaches, is a resort-style retreat setting new standards and facilitating lucrative investment options in the emirate of Ras Al Khaimah, stated the developer.

Dubai Investments said Phase Two comprises four-, five- and five+ bedroom villas in addition to two-bedroom townhouses and the final phase will include the hotel and the residential apartments.

On the Phase Three project, Dubai Investments Real Estate General Manager Obaid Salami said the upscale hotel will be a Grand Millenium Resort with 300 rooms and specialty dining options as well as a host of beach recreational facilities.

“Designed to deliver an enriching resort-style experience in Ras Al Khaimah, the hotel with all attributes makes it a convenient location for tourists and locals to enjoy a relaxing holiday destination. It is estimated to be completed by Q1 2026,” he added.