Page 40 - Magazine August 2021

Properties Properties

New hospitality ‹crown jewel› to open in Aldar sells out exclusive waterfront

Ras Al Khaimah by year-end land plots at Al Gurm

Ras Al Khaimah will have a stunning new property that engine for economic growth.

will further elevate its position as a favorite holiday Under the luxury portfolio of InterContinental Hotels
destination for local and regional tourists with the Group (IHG), the InterContinental Ras Al Khaimah

InterContinental Ras Al Khaimah Mina Al Arab Resort Mina Al Arab Resort and Spa offers a grand living,
and Spa. dining, and recreation experience. The luxurious

The five-star luxury resort developed by RAK rooms, suites and villas have spectacular views of the
Properties, prepares to welcome guests in the last Arabian Sea and the resort is introducing the unique
quarter of 2021. and first ‘Club InterContinental Experience’ in Ras Al

Inspired by the exquisite landscapes and hospitality Khaimah.
of modern Arabia, the luxurious resort and spa A stay at the InterContinental Ras Al Khaimah Mina Al

promises to be the next vacation hotspot with its Arab Resort and Spa promises a relaxing and exciting
iconic architecture and distinctive features. experience, with upscale facilities, two swimming
The new resort is considered the crown jewel in RAK pools, a state-of-the-art gym, Planet Trekkers kid›s

Properties’ projects portfolio, which took the island and teens club and a tennis court.
of life as a starting point for its range of residential, Mohammed Al Tair, Acting CEO of RAK Properties,

commercial and tourism developments, in line with said, «We are excited to open the InterContinental
the vision of UAE to make the country a global hub for Ras Al Khaimah Mina Al Arab Resort and Spa which

tourism and business in time for its golden anniversary will be an icon of luxury hospitality in the Northern
in December; and as part of its «Destination Strategy Emirates, and a first-class destination for tourists and

20192021-» that aims to transform the tourism sector visitors who want to enjoy idyllic island life and an
in Ras Al Khaimah into a robust and sustainable unforgettable holiday experience.»

Aldar Properties has announced the sell-out of land sqm, distributed across three distinct areas: The

plots at the second phase of Al Gurm, the beachfront Beach, The Canal, and The Island.
community on the South-West side of Abu Dhabi’s Commenting on the strong sales performance,
main island. Rashed Al Omaira, Chief Commercial Officer at Aldar

This solid sales performance is the latest indication Development, said, «We continue to see demand for a
of the demand for a diverse range of real estate wide range of real estate investment opportunities in

investment opportunities in Abu Dhabi, Aldar said in a Abu Dhabi, as evidenced by multiple sell-out launches
statement on Monday. of turnkey developments on Yas Island and Saadiyat
Available exclusively to UAE nationals, all 71 new Island in recent months, and now the completion of

plots were purchased at Al Gurm, which is comprised land plot sales at Al Gurm.»
of a series of archipelago-style islands over a total of The first phase of Al Gurm was completed in 2010

105,000 sqm. Each plot will have access to exclusive and construction of the second phase is due to begin
beaches, with plots ranging in size from 900 to 4,400 in September 2021.

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