Rakeen to launch Al Marjan Island at Cityscape 2007
Rakeen, one of the region's most dynamic property developers and master planners, has announced that Al Marjan Island, a USD 1.8 billion man-made island development off the coast of Ras Al Khaimah, UAE, will be launched during Cityscape Dubai 2007 at the Dubai International Exhibition Centre from October 16-18, 2007.
Cityscape, one of the largest business-to-business investment and property development exhibitions in the world, will provide Rakeen a comprehensive platform to showcase the key features of Al Marjan Island, helping drive sales performance of the first project of its kind to be developed in Ras Al Khaimah, UAE. Rakeen will draw momentum from its successful participation during Cityscape 2006, which saw the high-profile launch of the fast-emerging developer.
“We return to Cityscape after Rakeen was successfully launched at this event in 2006. This year we have prepared a more exciting and fully loaded exhibition as we aim to take advantage of the enormous pool of investor prospects for t Al Marjan Island during Cityscape, which is one of the most important investment and property development exhibitions in the world,” said Amy Gough, Marketing Manager of Rakeen.
“The highly innovative and state-of-the-art technique used in the construction of the project has provided an environmental premium to Al Marjan Island, ensuring healthy living conditions and long-term sustainability. I am sure investors and real estate buyers are eager to find out more about these key features and other value-added offerings of Al Marjan Island during Cityscape 2007,” added Gough.
Al Marjan Island is a cluster of four coral-shaped islands, which will feature a range of water homes, floating villas, hotels, resorts, sporting facilities and commercial amenities. Located 27 kilometres southwest of Ras Al Khaimah’s town centre, Al Marjan Island extends 4.5 kilometres out into the sea and covers an area of over 2.7 million square meters.
“To enhance the project’s environmental qualities all dredging, reclamation and rock revetment works reject 'hostile dredging' techniques and will utilize a more eco-friendly approach in creating the islands,” said Gough.
“Modern land reclamation techniques will be used in the project such as full pre-fill bunding, underwater sand pumping, and deep-sea sand quarry outsourcing. These techniques ensure zero dredging, zero siltation and zero material migration, helping maintain the crystal clear waters around the islands, rich seabed and lush marine life,” added Gough.
Moreover, to ensure the highest level of accuracy, efficiency, safety and cost effectiveness of the project, highly advanced technologies are used in the reclamation work such as 3D modelling system and the Differential Global Positioning System (DGPS), an enhancement to the Global Positioning System (GPS) that is a common navigational application in most cars in the Gulf. Land reclamation is expected to be finished in December 2007, while the project is expected to be delivered in June 2009.
Rakeen is also involved in a host of other upscale projects in Ras Al Khaimah, UAE, such as the RAK Financial City, Gateway City, RAK Convention Centre, Bab Al Bahr, Jabel Al Jais, Banyan Tree Resort, Azure Hotel and Dana Island. The company is also developing extensive mixed-use projects internationally such as Isfahan, Iran; Tbilisi Uptown and Tbilisi Heights in Georgia; and Kinshasa High Rise Congo in Africa.
- Rakeen launches Dana Island in Ras Al Khaimah
- Rakeen to commence Phase Two of infrastructure work on Al Marjan Island in August 2009
- Rakeen completes 80 per cent of infrastructure work on Ras Al Khaimah's Al Marjan Island
- Work commences on Marjan Island La Hoya Bay Residence project
- Rakeen signs mortgage financing agreement with Bank of Baroda for Bab Al Bahr project