Manta Bay Project: A New Era of Luxury Living in Ras Al Khaimah
Ras Al Khaimah's luxury real estate market is set to witness a significant transformation with the launch of the AED 1 billion Manta Bay project. Developed by Major Developers, this ambitious project aims to establish a new benchmark for luxury living in
Ras Al KhaimahLuxury Real EstateManta BayMajor DevelopersMarjanAl Marjan IslandReal Estate NewsOct 03, 2024
Attended by key stakeholders from Marjan, the master developer of freehold properties in Ras Al Khaimah, Federal Engineering Consultants, and Civil Power General Contracting LLC (CPC), the enabling contractor, the event highlighted the AED 1 billion project as a cornerstone of Ras Al Khaimah’s strategy to enhance its standing as a luxury destination globally and in the region.
The launch of Manta Bay comes at a time of robust growth for Ras Al Khaimah’s real estate sector, which saw a 15% increase in transactions and value in the first half of 2024, reflecting strong investor confidence and a thriving market.
Major Developers is a leading real estate development company that aims to create world-class living experiences in the luxury sector. With Manta Bay, the company is set to establish a new benchmark for luxury living in Ras Al Khaimah.
Marjan is the master developer of Al Marjan Island, a luxurious waterfront destination that offers a unique blend of natural beauty and modern amenities. The company is committed to hosting innovative developments that showcase the unique appeal of Ras Al Khaimah.
Federal Engineering Consultants is a renowned engineering consultancy firm that has been appointed to ensure that Manta Bay stands out in terms of quality and innovation. The company is committed to delivering exceptional standards of construction that match the project’s ambition and the vision of Major Developers.
Manta Bay is set to become a landmark destination for high-end residential living, offering a blend of contemporary design, state-of-the-art amenities, and a unique location on Al Marjan Island. Featuring panoramic sea views, private beach access, and a state-of-the-art wellness center, Manta Bay aims to cater to the rising demand for exclusive, high-quality properties in the emirate.
As Ras Al Khaimah solidifies its position as a leading real estate hub, Manta Bay is set to attract high-net-worth investors and discerning buyers, reinforcing the emirate’s status as a dynamic and thriving centre for luxury living.
Frequently Asked Questions
What is the Manta Bay project?
Manta Bay is a luxury real estate project developed by Major Developers, located on Al Marjan Island in Ras Al Khaimah.
What is the value of the Manta Bay project?
The Manta Bay project is valued at AED 1 billion.
What are the features of Manta Bay?
Manta Bay offers a blend of contemporary design, state-of-the-art amenities, and a unique location on Al Marjan Island, featuring panoramic sea views, private beach access, and a state-of-the-art wellness center.
Who are the stakeholders involved in the Manta Bay project?
The stakeholders involved in the Manta Bay project include Major Developers, Marjan, Federal Engineering Consultants, and Civil Power General Contracting LLC (CPC).
What is the expected impact of the Manta Bay project on Ras Al Khaimah's real estate market?
The Manta Bay project is expected to establish a new benchmark for luxury living in Ras Al Khaimah, attracting high-net-worth investors and discerning buyers, and reinforcing the emirate’s status as a dynamic and thriving centre for luxury living.
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