MANAZIL Real Estate has commenced piling works, load tests, foundations and basement of Marbella Bay, a luxury resort development on Al Marjan Island.
The company has also closely coordinated with Ras Al Khaimah Investment Authority (Rakia) for the smooth development of the project and on-time delivery of property units to the customers. The property units of the project have a combined value of approximately Dh400 million ($109 million).
Designed to be one of the finest resorts in the UAE, Marbella Bay comprises luxurious waterfront apartments and a range of leisure facilities in a verdantly landscaped community inspired by the architectural style of the historic Spanish region of Andalusia. Manazil has awarded the construction contract for the project to Nasria Construction Company, which is now working on the project’s second parking floor.