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Bahrain property developer plans first project in UAE

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23-Apr-2009
Author : Jaidev
 Dubai realty

First project in the UAE, a $500 million (Dh1.84 billion) mixed-use property in Ras Al Khaimah

Property developer based in Bahrain, Crown Dilmun Development plans to start construction at its first project in the UAE, a $500 million (Dh1.84 billion) mixed-use property in Ras Al Khaimah next October, company chairman Ebrahim Ali Abdulaal Al Fahad said.

"The Ras al Khaimah project comprises a hotel apartment with 185 units and five residential buildings supported by a mini mall with retail outlets," Al Fahad said on the sidelines of Cityscape Abu Dhabi 2009.

Dilmunia RAK is proposed to have luxury studios, one and two-bedroom apartments, villas, and three bedroom penthouses spread over seven floors. As per the plan, all the apartments will have floor-to-ceiling windows, giving access to large balconies and views of the Arabian Gulf, he added.


Source : Gulf News


 
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