Emaar launches ‘Address Al Marjan Island’ hotel in RAK
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Emaar has announced the launch of the company’s first hotel and residences project in Ras Al Khaimah (RAK). This was announced by Mohamed Alabbar, Chairman of Emaar Properties at the Arabian Hospitality Investment Conference 2018.
Address Al Marjan Island hotel and residences will be managed by Emaar Hospitality Group’s premium lifestyle brand, Address Hotels + Resorts. Address Al Marjan Island will have 249 rooms, including suites, while Address Residences Al Marjan Island will comprise 234 high-end apartments.
“We are honoured to welcome Emaar and its prestigious Address hotel brand to Al Marjan Island, which will further strengthen the appeal of our master-planned development as a preferred hub for visitors and investors from around the world. Emaar’s proven strengths in mixed-use developments will add significant value to Al Marjan Island with the Address hotel to contribute to our emirate’s tourism sector,” Sheikh Khalid bin Saud Al Qasimi, Chairman, Al Marjan Island, said.
Al Marjan Island has a development value of over $1.8 billion with 1,500 operational hotel keys and more than 2,000 residential units. Al Marjan Island is a cluster of four coral-shaped islands that is set to be a tourism and leisure hub. Framed against the Yanas and Jais Mountains, and with its exotic all-round waterfront.