Dubai Investments, a leading investment company listed on the Dubai Financial Market (DFM) has announced that the Phase 1 of its flagship freehold project – Danah Bay – located at the heart of the Al Marjan Island in Ras Al Khaimah is fully sold out. Danah Bay is an AED 1billion premium beach community and a perfect resort-style retreat, setting new standards and facilitating lucrative investment options in the emirate of Ras Al Khaimah.
Danah Bay’s phase 1 construction has commenced with the handover expected for Q1 2025. The project spans an area of approximately 90,000sqm with 40,000sqm of beaches and comprises of 188 villas inclusive of two-bedroom townhouses with roof terrace, three-bedroom villas, four-bedroom beachfront villas and five-bedroom breakwater villas along with a residential tower that includes 107 apartments from one-bedroom apartments to 4-bedroom penthouse apartments.