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49= Al-Marjan Island Development

Project Overview

Al-Marjan Island is a tourism development

in the southwest of Ras al-Khaimah. It is the first man-made island project in the emirate.

The scheme will comprise a cluster of five islands covering 2.7 sq km and contain hotels, villas, a marina and a water park.

Project Analysis

Sheikh Saud bin Saqr al-Qasimi took over as ruler on 27 October 2010

Ras al-Khaimah adapts to new reality Subscription Required

Issue 5 4-10 February 2011 | By Dominic Dudley

The UAE emirate is adjusting well to the challenging conditions of slower growth. Its economy is expanding on the back of strong financial and service sectors

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Key Facts

  • Client: Rakeen Development

  • Sector: Real Estate

  • Stage: Under Construction

  • Budget: $8bn

  • Completion date: Q4 2017

  • Location: Ras al-Khaimah, UAE

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