RAK Properties and Ellington Properties Partner with Nantong Construction Group for AED 310 Million Porto Playa Development on Hayat Island
Ras Al Khaimah, UAE – 10 February 2025 – Ellington Properties, Dubai's award-winning design-led developer, and RAK Properties, Ras Al Khaimah's leading publicly listed property developer, have announced the appointment of Nantong Construction Group Co. Ltd. as the main contractor for Porto Playa, an AED 310 million waterfront development on Hayat Island. Scheduled for completion in Q4 2026, the project will set a new benchmark for quality and innovation in coastal living.
A Focus on Precision and Quality in Construction
With its proven expertise in delivering large-scale developments, Nantong Construction Group will bring cutting-edge construction techniques and meticulous engineering standards to ensure Porto Playa is built to the highest quality.
A Visionary Collaboration
Sameh Al Muhtadi, CEO of RAK Properties, stated:
'Hayat Island, a key component of our recently unveiled Mina masterplan, represents the future of waterfront living in Ras Al Khaimah. By partnering with Nantong Construction Group, a global leader in construction, and Ellington Properties , renowned for design excellence, Porto Playa will stand as a testament to what collaboration can achieve. This development embodies precision, innovation, and a resident-centric approach, setting new standards in the real estate landscape of the Emirate. We are seeing strong demand within Mina, which is at the forefront of our growth and transformation agenda, and with Porto Playa we look forward to continuing our success in delivering homes on, or ahead of, schedule.'
Joseph Thomas, Co-Founder of Ellington Properties, said:
' Porto Playa is not just another development—it's a statement of excellence and innovation. The appointment of Nantong Construction Group reflects our commitment to delivering superior quality and meticulous craftsmanship. Their expertise ensures that Porto Playa will not only meet but exceed expectations, becoming a landmark that transforms Hayat Island into a premier destination.'
Porto Playa will offer a carefully curated mix of studios, apartments, townhouses, and villas, all optimized using advanced AI technology to provide breathtaking views of the Arabian Gulf and lush island landscapes.
About Nantong Construction Group Co.
Nantong Construction Group's extensive experience and global expertise will play a pivotal role in ensuring Porto Playa is delivered on time and to the highest standards of quality and safety.
This collaboration highlights the shared vision of Ellington Properties and RAK Properties to redefine waterfront living in Ras Al Khaimah, emphasizing sustainable practices, innovative construction techniques, and a resident-first design philosophy.
For more information about Ellington Properties and Porto Playa, please visit www.ellingtonproperties.ae or contact +971 800 8288.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CairoScene
6 hours ago
- CairoScene
Sharjah Government to Hire 700 Emiratis by End of 2025
1,523 government employees will also receive promotions, which include job advancements and special financial awards totalling AED 22 million annually. Aug 13, 2025 Sharjah ruler Sheikh Sultan Al Qasimi has announced plans to hire 700 Emirati citizens into newly created government positions before the end of 2025. In addition, 1,523 government employees will receive promotions, which include job advancements and special financial awards totalling AED 22 million annually. Status adjustments will also be applied to 254 employees who have earned new academic qualifications, with pay rises backdated to the dates their degrees were obtained. These adjustments will cost AED 8.42 million annually. The total annual cost of the promotions and qualification-based increases will exceed AED 30.4 million.
CairoScene
6 hours ago
- CairoScene
Nearly 10,000 Millionaires Expected to Relocate to Dubai in 2025
Around 10,000 millionaires are expected to move to Dubai in 2025, driven by lifestyle, infrastructure and investment opportunities, signalling a shift from transient ownership to long-term settlement. Aug 20, 2025 Dubai is expected to see nearly 10,000 millionaires relocate to the city in 2025, cementing its status as a global hub for wealth and investment. According to a Betterhomes report, the influx marks a broader shift from temporary ownership to permanent settlement. High-net-worth individuals are now spending an average of AED 11.4 million per residential transaction, while ultra-wealthy families are investing upwards of AED 134 million in legacy compounds and branded waterfront properties. The property market reflects this trend: villa and townhouse sales have reached AED 147.2 billion so far this year, with premium locations such as Palm Jumeirah and Emirates Hills leading high-end transactions. Homes priced above AED 35 million saw 146 deals within six months, totalling AED 9.4 billion. While Dubai's long-standing no personal income tax policy continues to attract wealthy individuals, the report highlights other factors contributing to this shift, from lifestyle and infrastructure to business opportunities and global connectivity.
Mid East Info
6 hours ago
- Mid East Info
ADNEC Group awarded UAE Year of Sustainability Seal for landmark progress on Sustainability initiatives - Middle East Business News and Information
Powered entirely by clean energy, ADNEC Centre Abu Dhabi sets a regional benchmark for green venues. ADNEC Group's TerraTile transforms event waste into reusable flooring, advancing circular economy practices in exhibitions. Over AED 8.85 billion in economic impact delivered in 2024, vs 7.4 billion in 2023, through sustainable operations and partnerships. Abu Dhabi, August, 2025 – ADNEC Group has been officially recognised with the 'Plan to Action: Year of Sustainability's Seal' for its tangible, data-backed achievements in environmental stewardship and sustainable innovation. The award was granted following a national open call to UAE-based organisations demonstrating measurable, creative, and community-driven sustainability efforts aligned with the goals of the Year of Sustainability 2024. The seal, awarded by the UAE's Year of Sustainability initiative marks a continuation of the national drive to embed sustainable actions across all sectors. This year's focus shifted from learning to doing, encouraging organisations to act across four areas: green transport, energy and water conservation, responsible consumption, and planting wisely. Sustainability is integral to how ADNEC Group operates, contributes to the community of Ahu Dhabi, and is aligned with the UAE's national vision. The Group plays a key role in Abu Dhabi's economic development, with the Sustainability Seal a recognition of the impact of its efforts. ADNEC Group's submission was recognised for its ambitious, system-wide sustainability efforts. ADNEC Centre Abu Dhabi is now fully powered by clean energy—sourced from solar, wind, and nuclear—through a Clean Energy Trade Agreement with EWEC. This offsets all electricity-related carbon emissions via International Renewable Energy Certificates (IRECs) accredited by the Abu Dhabi Department of Energy, making it the first and largest event venue in the Middle East to achieve this milestone. In parallel, the Group has introduced AI-driven HVAC systems at the venue, projected to reduce annual electricity consumption by 20%, or approximately 6 million kilowatt hours. Waste reduction and circularity have become central to the group's operations. More than half of all waste across ADNEC Group's business clusters is now recycled, and, the catering arm of the ADNEC Group, Capital Catering's facilities process up to 1,200 kg of food waste per day into compost or a dry soil enhancer. Used cooking oil is also converted into biodiesel. Meanwhile, TerraTile—a 100% recycled, modular flooring system developed with Terrax—turns event waste into durable flooring, offering a recyclable, UAE-made alternative to conventional stand materials. Additionally, when TerraTiles reach the end of their life cycle, they in turn, can be recycled to produce new ones. Community engagement was a key element of ADNEC Group's application. Through partnerships with Tadweer, Ne'ma, and the UAE Red Crescent, the group donates unserved food, expands public awareness campaigns, and encourages responsible waste behaviours at events. It has also embedded ethical sourcing practices across its supply chain and scaled local procurement through its In-Country Value programme (ICV). In 2024, ADNEC Group contributed AED 8.566 billion in Gross Value Added (GVA) to Abu Dhabi's economy, marking a significant increase from AED 7.4 billion in 2023. The Group also supported more than 62,000 jobs across the UAE—up from approximately 51,000 the previous year. Additionally, employee volunteerism nearly doubled year-on-year, with total volunteer hours reaching close to 27,000 in 2024 compared to 13,000 in 2023, underscoring ADNEC Group's growing social and economic impact. The recognition from the Year of Sustainability reflects ADNEC Group's broader Net Zero strategy, which includes a full assessment of Scope 1, 2 and 3 emissions and a defined transition plan aiming for a 25% reduction in carbon footprint per employee by 2030. ADNEC Group has also awarded a rooftop solar photovoltaic (PV) project at ADNEC Centre Abu Dhabi, expected to generate more than 8.5 million kilowatt hours of renewable energy in its first year. The system will supply nearly 30% of the venue's electricity needs and offset approximately 6,000 metric tonnes of carbon emissions annually. Entities awarded the Seal are featured on the national 'Plan to Action' map and are invited to continue leading by example as the UAE advances toward its 2050 net-zero target.
