Dubai Investment Real Estate, part of Dubai Investments, has announced the commencement of the handover process for the first phase of the “Dana Bay” project, a mixed-use development located along the waterfront on Al Marjan Island in Ras Al Khaimah. The company stated that all villas positioned on the waterfront are now ready for delivery, while work continues on the breakwater villas and the residential tower.
The construction and development of 171 waterfront villas are complete and ready for handover. This phase consists of 143 townhouses and villas featuring 3 and 4 bedrooms, with all internal and external work, utility installations, and infrastructure development fully completed. Additionally, work has been fully finalized on 28 exclusive villas on the inland side, which comprise 4 and 5 bedrooms, with all construction and landscaping tasks also concluded.
The breakwater villas, known for their prime locations overlooking the sea, are progressing steadily, with 91% of the 8 villas in this group completed. Development work has been concluded, and the finishing touches for both interior and exterior are nearing completion. Meanwhile, the hotel side, comprising 10 villas, shows significant progress at 69%, with advancements in internal work and construction finishes.
Concurrently, construction is significantly underway for the Dana Bay residential tower, which will house 143 apartments across 19 floors. With the site setup and enabling works nearing completion, the foundation and infrastructure execution stands at 75%, while construction progresses steadily.
Furthermore, the external infrastructure of the project is being integrated, including landscaped areas, pathways, and communal spaces, enhancing the beach lifestyle that Dana Bay promises to deliver to residents and visitors alike.
The completion of the “Dana Bay” project is set to occur in multiple phases, promising to offer a unique and vibrant living experience with a private beach, scenic promenade, high-end retail stores, gourmet dining, and world-class hospitality facilities within a sustainable coastal environment.
Dubai Investment Real Estate is committed to realizing its vision for the “Dana Bay” project to the highest standards of excellence, enhancing its status as one of the leading waterfront communities in the UAE.