Rakeen, one of the Middle East’s most dynamic property developers and master planners, has confirmed that work is well on schedule for the reclamation of the Al Marjan Islands, an ambitious US$ 1.8 billion man-made island development off the coast of Ras Al Khaimah.
Rakeen has contracted Dredging International, a leading international company specializing in amongst other things the construction of man-made islands, to carry out the dredging, reclamation and rock revetment works on this, the first project of its kind to be developed in Ras Al Khaimah.
Located 27 kilometres southwest of the Ras Al Khaimah town centre, the Al Marjan Island project is a cluster of four coral-shaped islands dotted with a variety of water homes, floating villas, hotels, resorts, sporting facilities and commercial spaces over a total area of 2.7 million square meters. (more…)