SuperCasa, a globally renowned developer, announced its first 5-star hotel to be located on a 75,000 sq.ft. plot on Al Marjan Island, Ras Al Khaimah’s first man-made island project.
The 5-start hotel will have 320 beach-facing rooms, and 2 fine dining restaurants, 2 casual restaurants, a pool, Spa and Gym facilities. Construction is scheduled to start in the fourth quarter of 2016, to be completed by end of 2018.
“We are delighted to announce our first hotel investment on Al Marjan Island. The ambitious project has been designed to become an iconic 5 star property on Al Marjan Island. As a developer, we will ensure project completion in two years, to deliver a world-class luxury property by 2019. Investing in RAK is attractive due to huge advantages enjoyed by investors, as well as quick ROI and growth opportunities. We have selected Al Marjan Island because of the high guest numbers all year round,” said Abdulrahman Al Houti, Director of SuperCasa.
Architect Abdullah Rashed Al Abdouli, Managing Director of AMI Company, said: “AMI has proved once again its leading position in the Emirate. We are looking forward to seeing this SuperCasa project come to life over the next two years by SuperCasa to be fully operational commencing 2019. AMI is witnessing exceptional demand in hotel investments, which will lead to a stronger position on the local and regional tourism map.”
The announcement comes at a time when the 2018 Vision of Ras Al-Khaimah Tourism Development Authority (RAK TDA) has chalked out an ambitious plan to attract one million visitors to Ras Al-Khaimah by the end of 2018. The same vision aims to boost the tourism revenues to AED 4 billion, and provide jobs to around 15,000 people.