Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

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UAE – A Strategic Location Ras Al Khaimah

Transcript of Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Page 1: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

UAE – A Strategic Location

Ras Al Khaimah

Page 2: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

RAK - Social

Infrastructure

An Array of Retail &

LeisureOptions

Shopping malls

Water sportsFlying clubs

Equestrian clubs

Golf courses

Desert SafarisCamel ridesShooting Club

5 star hotels

Unspoilt beaches

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Ras Al Khaimah -

Economy

Growth

DriversManufacturin

g

Real Estate /Construction

Tourism

ServicesHig

h G

DP

G

row

th• 14% 2004-2008, 9% 2009• GDP now at USD 4.30 bn• Slated to double in 5 yrs

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Advantage RAKIA

Hig

h R

etu

rns o

n

Investm

en

ts

• 0% income tax • 0% personal tax• 0% corporate and No VAT• 100% foreign ownership in Free Zones• 100% repatriation of capital and profits• No foreign exchange controls, trade barriers or quotas• Liberal labour laws• Very low manufacturing costs• No discrimination based on nationality, religion, culture etc…• No corruption

Low

set-

up

& o

pera

tion

s

cost

Page 5: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Al Marjan Island

• Project owned by Ras Al Khaimah

Investment Authority (RAKIA)

• First man-made island in the Emirate

• Cluster of 4 coral-shaped islands and

1 peninsula

• Extending 4.5 km into the sea

• Expanding the natural coast line by

an additional 21 km

• 3.1 million sq m of reclaimed land

• Mixed use: Villas, apartments, hotels,

resorts, leisure & commercial facilities

• US$1 billion project

Actual Aerial ViewTaken May. 2010

Page 6: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Government of RAK Project

• Al Marjan Islands dredging, reclamation and rock revetment works utilized modern techniquies such as surface filling with coarse earth material, underwater sand pumping and deep sea sand quarry outsourcing instead of “hostile dredging”.

• Prior to the natural processes of reclamation of AL Marjan Islands a physical model were done by Halcrow International (UK) to determine the water circulation, flushing, water quality, height and size of the armour and its persistence against the highest wave occurrence in 100 years. Visibility studies were conducted after the Island has been built and results obtained revealed 90% visibility and 2 m depth which prove without any doubt that the Hydraulic Models and the Physical Model done are correct and working

Page 7: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.
Page 8: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Government of RAK project

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International Accreditation

• As of First Qtr of 2011, net area of 14.00 million sqft is sold – Represent 63%

OPPORTUNITIES AVAILABLE -• To develop luxurious hotel and resort to cater the needs of growing tourists in RAK – Tourism

Increased upto 63% during 2002 and 2009.• Luxurious affordable accommodation complex – demand is on rise due to short supply of units in the

region – Double the population in less than 5 years.• To make your own holiday home – enjoy island living.• Your own office tower – to lease it out the same or for your own employees working in the region.• World class sports Stadium – approx. 25% of RAK population is school going need sports facilities of

international standard.• Shopping Mall / Retail Space –• Medical or sports clinic.

• Ras Al Khaimah “The Most Cost Efficient FDI Destination”– Financial Times, London, 2007

• Ras Al Khaimah has been awarded “The Most Attractive Destination for FDI ” in 2008-2009 Middle Eastern Cities of the Future benchmark rankings

• Ras Al Khaimah – “The Most Innovative Investment Destination”– World Finance – 2010 Awards

Page 10: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

AL MARJAN ISLAND

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First PROJECT READY ON AL MARJAN ISLAND

Page 12: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

The most complete resort in UAE, with 5 Star Hotels, 2.5 kilometers of beach,Fine dining Restaurants, 18 hole Championship Golf Course, Marina and YachtClub Shopping and Residential Component all within walking distance

Al Hamra Village

Page 13: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Smallest Villa Plots with Private Beaches

USD @per sqmtr

In USD

Sl No. Plot No.

Island

Plot Area (Sq.mtr)

Height Limit

Usage Sales Value

1 2V002A 2 3011.62 G+2 Villas      750.00             2,258,715 

2 2V002B 2 2254.08 G+2 Villas      750.00             1,690,560 

3 2V002C 2 1874.18 G+2 Villas      750.00             1,405,635 

4 BV001A 2 1988.52 G+2 Villas      750.00             1,491,390 

5 BV001B 2 2099.46 G+2 Villas      750.00             1,574,595 

6 BV001C 2 2313.85 G+2 Villas      750.00             1,735,388 

7 BV001D 2 2614.79 G+2 Villas      750.00             1,961,093 

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Hilton RAK

Some of the Projects in RAK

Page 15: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

Khatt Spring Hotel & Spa

Page 16: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

Hilton Beach Resorts & Spa

Page 17: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

Al Hamra Palace

Page 18: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

Cove Rotana Hotel

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Some of the Projects in RAK

Al Hamra Fort Hotel

Page 20: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Some of the Projects in RAK

Al Hamra Village

Page 21: Al Marjan Island – Island Of Opportunity. UAE – A Strategic Location Ras Al Khaimah.

Thank you

Thank you