HomeNewsProject launched for development of the “natural, raw, and untouched,” Ramhan Island...

Project launched for development of the “natural, raw, and untouched,” Ramhan Island in Abu Dhabi

A project for the development of the “natural, raw, and untouched,” Ramhan Island in Abu Dhabi has been launched. Mohamed Alabbar, the founder of Dubai’s leading developer, Emaar Properties launched the new $3.5 billion island project.

Emaar Properties is a public joint-stock company, which is listed on the Dubai Financial Market. As of June 2021, it boasts a valuation of US$15.5 billion. The company’s portfolio reflects its proven competencies especially in shopping malls, leisure, retail, and hospitality as well as properties. 

Search for construction leads
  • Region/Country

  • Sector

According to Alabbar, Ramhan Island in Abu Dhabi the site of which is located about 20 minutes from the shores of mainland Abu Dhabi, will be developed through his privately owned Eagle Hills development company.

Features and amenities of the Ramhan Island in Abu Dhabi

The multi-billion island project will feature 1,000 branded residences, a marina as well as a hotel. Additionally, there will be 1,800 beach villas, state-of-the-art shopping as well as dining. Furthermore, Ramhan Island in Abu Dhabi will have floating villas and a luxury hotel. In total, eight varying villa layouts and designs will be rolled out. The designs and layouts will range from 265 meters squared to 700 meters squared.

Also Read: Julphar Residences on Reem Island, Abu Dhabi, Launched

While commenting on the project, Alababar said that aside from being complete with everything from nature, the island is also home to turtles, dolphins, and birds. Its additional, and serene surroundings will offer guests and residents an opportunity to experience a quality of life that has never been seen before. He further added that properties that are located by water often are a 34% premium on their value.

The launch of the Ramhan Island in Abu Dhabi comes just three months after the launch of Emaar Properties‘ $2.5 billion Durres Yacht Club. Other similar mega projects by the company include the Marina in Albania.

Alabbar concluded by noting that out of all the unique projects over the years, Ramhan Island in Abu Dhabi is truly special.

Must Read

Framed Allure at Billionaires’ Row in Palm Jumeirah, Dubai, handed over

Framed Allure at Billionaires’ Row in Palm Jumeirah, has successfully been delivered by CK Architecture. This is one of the two signature villas CK...

World’s largest rooftop-mounted solar power plants

Rooftop-mounted solar power plants are relatively small in terms of area coverage and installed capacity compared to ground-mounted installations. This is because they are...

Los Angeles Overland & Ayres project receives construction financing

Los Angeles Overland & Ayres, a 201-unit, best-in-class multi-housing community in California, has received $84 million in construction finance. This was revealed by JLL...

Construction of Msenge Wind Farm in South Africa to commence

Msenge Wind Farm in South Africa, the country's first utility-scale private wind farm, is ready for construction near Bedford, Eastern Cape. This is after...

US$ 131M loan secured for 23-10 42nd Road development in New York

A US$ 131M loan has been secured for the implementation of the 23-10 42nd Road development in New York. This was revealed by the...

Installation of 47 groundwater pumping stations in South Sudan in the pipeline

Plans are being laid for the establishment of 47 groundwater pumping stations in South Sudan. The venture was formally announced on March 3, 2023,...

LEAVE A REPLY

Please enter your comment!
Please enter your name here