Latest news with #RoveHotel
Khaleej Times
26-04-2025
- Khaleej Times
UAE: Ras Al Khaimah hotels 'nearly fully booked' on weekends ahead of summer 2025
As summer approaches, Ras Al Khaimah is emerging as one of UAE's most sought-after staycation destinations due to its unique blend of beaches, mountains, and adventure activities. Hotels say they are already seeing strong interest from travelers eager to make the most of the season. Rove Al Marjan Island, one of the newest additions to the emirate, has received a strong response since its opening. 'April has been a strong month, and even though we just opened, we're nearly fully booked on weekends,' Paul Bridger, COO of Rove Hotels, told Khaleej Times. He added that most guests so far are visitors from CIS (Commonwealth of Independent States) countries and UAE residents. Rove Al Marjan Island had reached full occupancy on weekends during its first month of operations. In addition, midweek occupancy has exceeded 50 per cent. "What Ras Al Khaimah offers is unique," Bridger said. "It has a nice mix of offerings for travelers, including natural beauty, adventure, and culture. Plus, it's only an hour from Dubai and close to several international airports. Whether hiking in the mountains, exploring historic sites, or relaxing on the beach, there's something for everyone." David and Alina, a couple from Russia staying at Rove Hotel Al Marjan for five nights, said they chose to return to the emirate after a previous visit. "We came back because we love Ras Al Khaimah. It's a quiet place with clean beaches," they said. "We believe every city has its style, and what Ras Al Khaimah offers is exactly what we need to enjoy our time and relax. Although we stayed close to the hotel this time, if we visit again, we'd love to explore the cultural sites and experience the city life." Special offers for staycation Miguel Melo, acting general manager of Rixos Bab Al Bahr Ras Al Khaimah, highlighted the resort's ongoing staycation offers to enhance guest experiences in Ras Al Khaimah. He noted, 'During weekends, we anticipate that occupancy won't drop below 60 per cent.' 'Our current staycation packages are designed to give guests more value and memorable moments,' said Melo. 'Those booking a minimum two-night stay can enjoy 20 per cent off in-room dining, complimentary dining at one of our five à la carte restaurants, and a free upgrade from a deluxe room to a premium room category, subject to availability.' He also shared details about the Suite Escape promotion. 'Guests who book a minimum three-night stay in any suite category will receive a 20 per cent discount on treatments at Avitane Spa, along with one-time access to a private beach cabana with refreshments and snacks. Additional perks include early check-in, late check-out, and signature welcome amenities upon arrival,' he added. Cameron McNeillie, general manager of InterContinental Ras Al Khaimah Mina Al Arab Resort & Spa, highlighted the resort's range of accommodation options tailored for guests seeking a blend of elegance, space, and scenic views. 'Our resort provides guests with various room categories, ranging from Classic Sea View Rooms to our villas and pool villas. All our 351 rooms and villas overlook the sea with spectacular views,' he said. Occupancy rates at the resort typically rise to between 80 and 90 per cent on weekends, particularly from the end of October to the end of May. Designed to accommodate both solo travelers and families, InterContinental offers various room categories, including classic and panoramic rooms, balcony terrace suites, and seafront villas. Each unit features private balconies and spacious interiors, with sizes ranging from 45sqm to 150sqm.
Yahoo
14-03-2025
- Business
- Yahoo
Dubai-Based Broker Sells Out Three Full Buildings in Under Seven Hours Amid Surging Demand at Expo City
DUBAI, AE / / March 14, 2025 / In a groundbreaking real estate achievement, Kamil Magomedov, a leading real estate investment broker and advisor in Dubai, has successfully sold three full buildings in less than seven hours at Expo City, the city's most attractive investment hotspot. This record-breaking transaction underscores Expo City's growing significance as a premier destination for real estate investors. Expo City is set to transform into Dubai's new World Trade Center hub by 2026, drawing immense attention from international investors. With a projected annual footfall of 2.5 million visitors and over 300 major events per year, the area presents a rare investment opportunity. By 2032, the expansion aims to host 600+ events annually, attracting more than 6 million visitors. "Expo City is undergoing an unprecedented transformation, making it one of the most attractive real estate investment opportunities globally. This level of demand, combined with a constrained supply, has created a lucrative market for investors seeking high rental yields," said Kamil Magomedov, a real estate expert and advisor specializing in investment opportunities and branded residences in Dubai. Currently, Expo City offers approximately 1,100 units across Al-Waha Residences, Mangroove Residences, and Rove Hotel. By 2028, Sky Residences and Sidr Residences will add another 1,000 units, bringing the total to just 2,100 units-far below the demand needed to accommodate Expo City's growing visitor base. Starting in 2026, Expo City will require at least 4,000 units to support 8,000-10,000 event attendees. This demand-supply gap presents investors with a projected 13-16% rental yield, significantly higher than the market average. The recently launched Al-Waha Residences, featuring low-rise boutique buildings (G+1, G+2) with 10 to 50 apartments each, has quickly become the preferred choice for investors. The option to acquire entire buildings for short-term rental conversions near Dubai's biggest upcoming business hub has fueled rapid sales. In fact, full buildings are selling faster than individual units, reflecting a strong investor appetite for high-yield, flexible real estate assets. Expo City's unmatched infrastructure, strategic location, and the Dubai World Trade Center's move to the area are solidifying its status as one of the most attractive real estate destinations for global investors. The combination of limited supply, increasing demand, and significant infrastructure investments makes it a high-growth investment hotspot. To provide further insights, Kamil Magomedov has launched an educational video series on his YouTube channel aimed at helping investors understand the real estate market in Dubai. In his latest video, he explains the logic behind this investment opportunity in detail, offering expert analysis on why Expo City presents such a compelling investment case. Kamil Magomedov is a prominent real estate investment broker and advisor in Dubai, specializing in high-value investment opportunities and branded residences. As part of Provident Real Estate, a Tier 1 real estate agency in the Middle East, Kamil leverages his extensive background in investment strategy, urban planning, and government advisory roles to identify high-growth real estate opportunities before they become mainstream. Previously, he served as CEO of an investment group, an advisor to Forbes Russia's CEO, and Minister of Investment in one of Russia's regions. He also played a key role in developing a master plan and strategy for a new city in Russia's Far East. Investors interested in Expo City opportunities should act fast. To secure a prime real estate asset in one of Dubai's most promising investment hubs, contact Kamil Magomedov today. For media inquiries and investment opportunities, please contact: Kamil MagomedovProvident Real EstatePhone: +971501610143YouTube: Kamil Magomedov Real EstateInstagram: @kamilmagrealestateemail: kamil@ SOURCE: Provident Real Estate View the original press release on ACCESS Newswire
