Rak Properties tenders Intercontinental Hotel

20 December 2009

Resort will be built at the $5.4bn Mina al-Arab project on the Gulf coast

Local developer Rak Properties has invited contractors to bid by 6 January for the estimated $100m contract to build the Intercontinental Hotel at Mina al-Arab in the emirate of Ras al-Khaimah.

The successful bidder will build a 300-room low rise hotel alongside Mina al-Arab’s 13 kilometre-long beach. The hotel includes meeting rooms and business centres together with restaurants, bars, and a swimming pool.

The overall AED20bn ($5.4bn) Mina al-Arab project is the largest ongoing real estate project in the northern emirates. It involves the construction of more than 600 villas, as well as apartment buildings, hotels and other urban amenities on the Gulf coast to the south of Ras al-Khaimah city (MEED 25:1:09).

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