Tall & Urban News

In October 2022, Dubai Investments will commence construction of the 1 billion UAE dirham (US$272 million) Danah Bay mixed-use beachfront community and lifestyle project on Al Marjan Island in Ras Al Khaimah.

Dubai Investments, a diversified investment company listed on the Dubai Financial Market (DFM), launched sales of the flagship freehold premium beach community on Tuesday, 20 September, 2022.

Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments, said that the first phase was expected to be completed in December 2024 without naming the contractors.

Danah Bay would be developed on a total area of 86,000 square meters, with 40,000 square meters of beaches and 32,000 square meters of man-made breakwater. The total built up area will be around two million square meters. 

The project consists of luxury beachfront townhouses, villas with 2 to 4 bedrooms and residential waterfront apartments, a 200-key hotel, 100 serviced apartments, 120 residential apartments and community retail.  The residential apartments consist of studio apartments to four-bedroom penthouse apartments.

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