Latest news with #DubaiInvestments
Zawya
16-07-2025
- Business
- Zawya
RAK's Danah Bay beachfront Phase I villas set for handover
Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with internal and external works, service installations, and infrastructure fully finalised. The construction work is currently under way on the breakwater villas and the apartment tower, said the statement from DIR. In addition, 28 premium landside villas featuring spacious 4- and 5-bedroom configurations have also reached 100% completion, with all construction and landscaping works concluded, it stated. According to DIR, the progress continues on the Breakwater Villas, offering exclusive sea-facing locations. The Villas Side cluster (8 villas) is now at 91% overall completion, with structural works finalized and internal finishing and external envelope nearing completion. The Hotel Side cluster (10 villas) is progressing steadily, currently at 69% overall completion, as internal works, building services, and finishing works advance. In parallel, the Danah Bay Residential Tower - featuring 143 apartments across 19 floors - continues its upward trajectory. Following the completion of site mobilisation and enabling works, foundation and substructure works are at 75%, with vertical construction now visibly shaping the community's skyline, it stated. "The development's external infrastructure, including landscaped spaces, walkways, and community zones, is also progressing in tandem, adding depth and vibrancy to the beachfront lifestyle Danah Bay promises," he stated. Planned as a phased delivery, Danah Bay is set to offer a holistic living experience with private beach access, a scenic boardwalk, premium retail and dining outlets, and world-class hospitality - all seamlessly integrated into a sustainable coastal setting. Dubai Investment Real Estate remains steadfast in its vision to deliver Danah Bay to the highest standards of excellence, positioning it as one of the UAE's most desirable seafront communities. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Khaleej Times
16-07-2025
- Business
- Khaleej Times
DIR hits delivery milestone as RAK emerges as next realty hotspot
Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, has begun the first phase of handovers for its flagship beachfront development, Danah Bay, located on Al Marjan Island in Ras Al Khaimah — marking a major milestone in the emirate's rapid rise as a sought-after real estate destination. A total of 171 landside villas are now fully complete and ready for handover. This includes 143 townhouses and three- and four-bedroom villas, along with 28 premium landside units featuring spacious four- and five-bedroom configurations. All aspects of the construction — internal and external finishes, service infrastructure, and landscaping — have been finalized, making way for new residents to begin a life by the sea. Work is also advancing steadily on the development's most exclusive offering — the Breakwater Villas — which are uniquely positioned with direct sea-facing views. The Villa Side cluster, comprising eight luxury villas, is at 91 per cent completion, with structural and envelope work finished and internal finishing nearing its final stages. Meanwhile, the 10-villa Hotel Side cluster is currently at 69 per cent completion, with visible progress across internal works and building services. Complementing the villas is the Danah Bay Residential Tower, a 19-storey building housing 143 apartments. Construction of its foundations and substructure is 75 per cent complete, and vertical works are well underway. Once finished, the tower will add a dynamic urban dimension to the coastal project, reinforcing the development's mixed-use credentials. Danah Bay also features expansive community zones and landscaped spaces designed to blend seamlessly with the waterfront setting. The master plan integrates private beach access, a scenic boardwalk, premium retail and dining offerings, and world-class hospitality services — all centered around a sustainable and vibrant coastal lifestyle. 'Danah Bay is more than a project — it is a community crafted around the vision of holistic, beachfront living,' said a Dubai Investments spokesperson. 'Our goal is to deliver an exceptional standard of living while contributing to the broader transformation of Ras Al Khaimah into one of the UAE's most attractive real estate and tourism destinations.' Ras Al Khaimah has been gaining strong momentum in recent years as an alternative investment hub to Dubai and Abu Dhabi, attracting both regional and international interest in its real estate sector. The emirate's appeal is driven by its natural landscapes, strategic coastal developments, investor-friendly policies, and ambitious tourism targets. According to Ras Al Khaimah Economic Zone (RAKEZ), the emirate witnessed a 20 per cent surge in real estate transactions in 2023, with Al Marjan Island emerging as a key driver. The government's focus on hospitality-led mega projects — including Wynn Resorts' upcoming integrated casino resort — is further boosting land and property values, while drawing in new high-net-worth investors. Industry analysts suggest that Ras Al Khaimah's combination of affordability, lifestyle appeal, and infrastructure investments make it a compelling market for both end-users and property investors. The emirate offers property at a 30 to 40 per cent lower cost than comparable developments in Dubai, yet promises high rental yields, often exceeding 7 per cent annually. 'Ras Al Khaimah is no longer the UAE's best-kept secret. It's transforming into a lifestyle and investment magnet,' said a regional real estate consultant. 'Projects like Danah Bay are setting new benchmarks for what coastal living can offer in the northern emirates.' Dubai Investment Real Estate's strategic focus on Ras Al Khaimah is in line with a broader trend of developers expanding into emerging markets with strong upside potential. As infrastructure on Al Marjan Island matures and more integrated communities take shape, demand for premium beachfront properties is expected to soar.
Al Bawaba
16-07-2025
- Business
- Al Bawaba
Danah Bay begins Phase 1 Villa Handover on Al Marjan Island in Ras Al Khaimah
Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. All landside villas are ready for handover with the construction of the breakwater villas and the apartment tower in progress.A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with all phases—covering internal and external works, service installations, and infrastructure—fully finalized. In addition, 28 premium landside villas featuring spacious 4- and 5-bedroom configurations have also reached 100% completion, with all construction and landscaping works concluded. Progress continues on the Breakwater Villas, offering exclusive sea-facing locations. The Villas Side cluster (8 villas) is now at 91% overall completion, with structural works finalized and internal finishing and external envelope nearing completion. The Hotel Side cluster (10 villas) is progressing steadily, currently at 69% overall completion, as internal works, building services, and finishing works parallel, the Danah Bay Residential Tower — featuring 143 apartments across 19 floors — continues its upward trajectory. Following the completion of site mobilization and enabling works, foundation and substructure works are at 75%, with vertical construction now visibly shaping the community's development's external infrastructure, including landscaped spaces, walkways, and community zones, is also progressing in tandem, adding depth and vibrancy to the beachfront lifestyle Danah Bay as a phased delivery, Danah Bay is set to offer a holistic living experience with private beach access, a scenic boardwalk, premium retail and dining outlets, and world-class hospitality — all seamlessly integrated into a sustainable coastal setting. Dubai Investment Real Estate remains steadfast in its vision to deliver Danah Bay to the highest standards of excellence, positioning it as one of the UAE's most desirable seafront communities.
Arabian Business
15-07-2025
- Business
- Arabian Business
RAK real estate: Dubai Investment delivers 171 villas in Danah Bay phase 1 on Al Marjan Island
Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, has begun Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. The company has completed all landside villas and made progress on breakwater villas and the apartment tower. The developer has finished construction on 171 landside villas, which are ready for handover. This total includes 143 townhouses and 3- and 4-bedroom villas, with all phases covering internal and external works, service installations, and infrastructure now complete. Danah Bay phase 1 delivery begins An additional 28 landside villas featuring 4- and 5-bedroom configurations have reached 100 per cent completion. Construction and landscaping works for these units have concluded. Work continues on the Breakwater Villas, which offer sea-facing locations. The Villas Side cluster, containing 8 villas, has reached 91 per cent completion with structural works finalised and internal finishing and external envelope nearing completion. The Hotel Side cluster of 10 villas stands at 69 per cent completion as internal works, building services, and finishing works advance. Construction of the Danah Bay Residential Tower proceeds simultaneously. The 143-apartment tower spans 19 floors and continues development following completion of site mobilisation and enabling works. Foundation and substructure works have reached 75 per cent completion, with vertical construction now visible in the community's skyline. The development's external infrastructure, including landscaped spaces, walkways, and community zones, progresses alongside the residential components, contributing to the beachfront lifestyle that Danah Bay offers. The project follows a phased delivery schedule and will provide private beach access, a boardwalk, retail and dining outlets, and hospitality facilities integrated into a coastal setting.
Zawya
15-07-2025
- Business
- Zawya
Danah Bay begins phase 1 Villa Handover on Al Marjan Island in Ras Al Khaimah
Ras Al Khaimah, UAE: Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, begins the Phase 1 delivery of Danah Bay, its mixed-use beachfront development on Al Marjan Island in Ras Al Khaimah. All landside villas are ready for handover with the construction of the breakwater villas and the apartment tower in progress. A total of 171 landside villas have been completed and are ready for handover. This includes 143 townhouses and 3- and 4-bedroom villas, with all phases—covering internal and external works, service installations, and infrastructure—fully finalized. In addition, 28 premium landside villas featuring spacious 4- and 5-bedroom configurations have also reached 100% completion, with all construction and landscaping works concluded. Progress continues on the Breakwater Villas, offering exclusive sea-facing locations. The Villas Side cluster (8 villas) is now at 91% overall completion, with structural works finalized and internal finishing and external envelope nearing completion. The Hotel Side cluster (10 villas) is progressing steadily, currently at 69% overall completion, as internal works, building services, and finishing works advance. In parallel, the Danah Bay Residential Tower — featuring 143 apartments across 19 floors — continues its upward trajectory. Following the completion of site mobilization and enabling works, foundation and substructure works are at 75%, with vertical construction now visibly shaping the community's skyline. The development's external infrastructure, including landscaped spaces, walkways, and community zones, is also progressing in tandem, adding depth and vibrancy to the beachfront lifestyle Danah Bay promises. Planned as a phased delivery, Danah Bay is set to offer a holistic living experience with private beach access, a scenic boardwalk, premium retail and dining outlets, and world-class hospitality — all seamlessly integrated into a sustainable coastal setting. Dubai Investment Real Estate remains steadfast in its vision to deliver Danah Bay to the highest standards of excellence, positioning it as one of the UAE's most desirable seafront communities.
